Latest Shareholder Approvals News

L1 Global Long Short Fund Limited is raising up to AUD 415 million through a pro-rata entitlement offer to support its transition to L1 Capital's Global Long Short Strategy, following a management change and portfolio overhaul.

L1 Global Long Short Fund Limited has announced a $415 million non-renounceable entitlement offer alongside a strategic shift under new management. The capital raise supports the transition to the L1 Global Long Short Strategy following a portfolio monetisation.

Ore Resources Ltd has secured an option to acquire a new tenement adjacent to its Randalls Gold Project, significantly expanding its landholdings and identifying promising drill targets with strong historical gold intercepts.

New Zealand Coastal Seafoods Limited has raised $55,000 through a convertible note subscription, bolstering its working capital to advance sustainable seafood initiatives.

Clara Resources has successfully placed over 300 million shortfall shares from its recent rights issue, raising nearly $1 million to accelerate development at its Ashford Coking Coal Project and explore new opportunities.

Environmental Clean Technologies Limited has appointed renowned PFAS litigation expert Robert Bilott to its Advisory Board, aiming to accelerate commercialisation of its innovative remediation technology. This strategic move coincides with shareholder approval of ECT’s acquisition of Terrajoule Pty Ltd.

EDU Holdings has significantly raised its FY25 financial outlook following strong enrolments and cost efficiencies, while announcing a selective buy-back of 12.5% of its shares from major investors.

Power Minerals has completed the acquisition of the Santa Anna Niobium-REE-Gallium Project in Brazil, positioning itself as a key South American clean energy metals explorer. A substantial drilling campaign is set to define the project's resource potential.

Alvo Minerals Limited has issued a small, invitation-only share offer to remove trading restrictions on recently issued shares, while highlighting ongoing funding and operational risks tied to its Brazilian copper-zinc projects.

Hastings Technology Metals has secured shareholder approval to distribute Metal Bank shares as it divests its gold assets, marking a strategic pivot towards rare earths.

Caspin Resources has completed the second tranche of its $4.6 million capital raising, issuing over 28 million shares and broker options to fund its promising mineral projects. This milestone strengthens the company’s position in the competitive tin and critical minerals sector.

Global Uranium and Enrichment Limited has obtained a crucial ASX waiver allowing the cancellation of certain unlisted options without shareholder approval, smoothing the path for Snow Lake Resources’ acquisition scheme.