Latest Shareholder Approvals News

Silk Logistics Holdings shareholders overwhelmingly approved the $174.5 million acquisition by DP World Australia, endorsing a 45.6% premium cash offer. The deal now awaits final court approval to complete by mid-August.

Forrestania Resources has signed a binding agreement to acquire IMD Gold, owner of the British Hill gold project in Western Australia, adding a near-surface JORC-compliant resource of approximately 56,000 ounces. The acquisition enhances Forrestania’s regional footprint and development pipeline amid promising metallurgical results.

Locksley Resources has raised $5.3 million in an oversubscribed placement led by Tribeca Investment Partners, bolstering its U.S. critical minerals strategy focused on antimony and rare earths at the Mojave Project.

Envirosuite Limited shareholders convened to vote on a proposed acquisition by Ideagen EVS BidCo Pty Limited, approving a $0.09 per share cash offer that values the company at a significant premium. The deal awaits final Federal Court approval, marking a pivotal moment for the environmental intelligence software provider.

Galan Lithium has formalised a $20 million strategic investment agreement with The Clean Elements Fund to fund the initial phase of its Hombre Muerto West lithium project in Argentina, aiming for production in early 2026.

Kuniko Limited has announced a $2.03 million pro-rata entitlement offer, issuing new shares and free options to existing shareholders to support its expansion in battery metals exploration and development in Norway.

Conico Ltd has resolved a key legal dispute and secured $1.4 million in convertible loans, setting the stage for a rights offer and share consolidation as it plans to resume trading.

Askari Metals has marked a pivotal quarter with strategic acquisitions in Ethiopia’s gold and copper sectors and advanced polymetallic exploration in Namibia, while securing fresh capital to fuel its African growth ambitions.

Ovanti Limited has appointed Peter Maher, a seasoned BNPL executive from Zip Co, to lead its US expansion, while exploring a NASDAQ listing via dual-listing or SPAC merger and reconsidering the sale of a key dividend-yielding asset.

Redstone Resources has completed a significant deep diamond drilling program at its West Musgrave Copper Project, targeting potential Voisey’s Bay style mineralisation beneath the Tollu deposit, while securing $490,000 in fresh capital to fund ongoing exploration.

Avira Resources has broadened its Tangadee Project footprint in Western Australia and confirmed significant gold and nickel mineralisation at its Puolalaki Project in Sweden, setting the stage for upcoming drilling campaigns.

Codeifai Limited advances its fintech and cybersecurity ambitions by acquiring a cutting-edge quantum-secure AI platform and a leading QR code competitor, backed by a $2.35 million capital raise.