Latest Shareholder Approvals News

Lodestar Minerals has increased its capital raising placement by $22,500, bringing the total to $542,500, subject to shareholder approval at an upcoming meeting.

Alterity Therapeutics has raised A$40 million through a two-tranche placement to advance its lead compound ATH434 for neurodegenerative diseases, including Multiple System Atrophy and Parkinson's disease.

Advance Metals has secured $1.52 million to fund diamond drilling at its Myrtleford Project in Victoria and confirmatory drilling at its Yoquivo Silver Project in Mexico, with drilling commencing immediately.

Micro-X has raised $3.3 million through a placement and institutional entitlement offer, reinforcing its strategic shift towards medical imaging technologies. A retail entitlement offer aiming to raise an additional $2.7 million will open shortly, supporting the company’s development of mobile X-ray and CT products.

Nanoveu Limited has completed the strategic acquisition of Embedded A.I. Systems Pte. Ltd. (EMASS), positioning itself at the forefront of ultra-low-power AI-driven edge semiconductor solutions. This move aims to enhance its EyeFly3D™ platform and expand into rapidly growing markets such as wearables, IoT, and autonomous devices.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Helios Energy Ltd has secured A$691,325 through interest-free Convertible Notes to advance its Presidio Project in Texas, ensuring regulatory compliance and operational continuity.

Iron Road Ltd has announced a strategic on-market share buy-back of up to 5% of its issued capital, aiming to enhance financial flexibility for its flagship projects over the next year.

Adelong Gold Limited has raised $1.173 million through a placement to fund exploration and development at its NSW gold project and lithium ventures in Brazil. The capital raise, including free attaching options, signals investor confidence as the company advances towards production.

SEQ Hospitality Group has formally withdrawn its off-market takeover bid for Eumundi Group following shareholder and court approval of a competing scheme of arrangement. This move effectively ends the takeover offer and confirms the scheme as the path forward for Eumundi shareholders.

ReNu Energy has agreed to sell its Countrywide Hydrogen Business, including a key Tasmanian green hydrogen project, to a management-controlled entity for up to $1.1 million, pending shareholder approval. This strategic divestment aims to relieve financial pressures and reposition the company as a debt-free vehicle focused on new growth opportunities.

Northern Minerals has completed the second tranche of its placement, raising $41.5 million to advance its Browns Range Heavy Rare Earth Project, focusing on the high-grade Wolverine deposit.