Latest Shareholder Approvals News

Australian Silica Quartz Group (ASQ) has secured mining approval and completed the acquisition of Australian Kaolin, positioning its White Swan Kaolin Project for production with a 47.3Mt inferred resource and a 250,000tpa direct shipping ore operation.

Celsius Resources (ASX:CLA) is set to consolidate its securities on a 1-for-20 basis, sharply reducing the number of shares, options, and warrants on issue while proportionally increasing exercise prices. The move follows a shareholder vote on cancelling a prior consolidation, with trading to resume under the new structure in September.

Wellnex Life has agreed to sell its Pain Away brand to Mentholatum Australasia for up to A$21.3 million, aiming to wipe out debt and sharpen its strategic focus.

Western Mines Group has completed a $2.7 million placement to fund seismic surveys and drilling at its Mulga Tank nickel-cobalt-copper project, with a final tranche of shares pending shareholder approval.

Challenger Gold has completed an A$85 million equity raise backed by key insiders and appointed a new leadership team to drive its transition from exploration to development at Hualilan and El Guayabo.

NH3 Clean Energy has raised $4 million through a private placement priced at an 18.4% discount to fund front-end engineering and design work for its WAH2 clean ammonia project, signalling strong institutional backing as it approaches key development milestones.

Regener8 Resources has agreed to divest its entire Kookynie Gold Project to Goldarc Resources for $2.5 million, combining upfront shares and milestone-based payments, freeing capital to focus on its Bosnia exploration.

Peako Limited has identified extensive, high-grade gold-bearing veins across its Saudi Arabian projects, including an 8km corridor at Wadi Jarir with samples up to 41.5 g/t gold, setting the stage for maiden drilling this October.

Hawsons Iron (ASX:HIO) is aiming to raise up to A$1.5 million through a discounted Share Purchase Plan, sweetened with free attaching unlisted options exercisable at A$0.015 each.

PPK Group is set to return value to shareholders through a $2.5 million on-market share buyback following the profitable divestment of its Craig International Ballistics stake.

GoldArc Resources (ASX:GA8) has struck a binding deal to acquire seven tenements from Regener8 Resources, extending its Leonora South gold corridor in Western Australia. The move consolidates contiguous ground adjacent to existing high-grade deposits, positioning GoldArc for accelerated exploration.

Promisia Healthcare is set to acquire Chatswood Retirement Village in Christchurch for $25 million, bolstering its East Christchurch presence and promising immediate earnings accretion.