Latest Shareholder Control News

Lake Resources N.L. has launched a pro-rata bonus loyalty options offer to eligible shareholders, granting one option per ten shares held, exercisable at A$0.05 over three years. This move aims to reward shareholder support and potentially raise capital for advancing its Kachi lithium project in Argentina.

Wellard Limited has formally requested to delist from the ASX following the sale of its final revenue-generating vessel, aiming to reduce costs and return excess cash to shareholders. The move awaits shareholder approval at the upcoming AGM.

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.

Loyal Metals reveals a strategic pivot to copper with its Highway Reward mine, tapping into remnant resources and AI-driven exploration to capitalize on soaring commodity prices.

An application to the Takeovers Panel challenges Duxton Farms’ recent merger and share placement, alleging undisclosed associations and potential breaches of takeover laws by major shareholders.

News Corporation has settled longstanding legal disputes involving the Murdoch Family Trust, restructuring beneficiary holdings and consolidating voting control under Lachlan Murdoch.

MIXI Australia has secured majority voting power in PointsBet, pushing the takeover offer deadline to mid-September and setting the stage for full control.

Optiscan Imaging Limited has launched a $17.75 million fully underwritten entitlement offer to fund clinical trials, regulatory approvals, and product development. Peters Investments underwrites the offer, potentially increasing its stake to nearly 39%.

MetalsTech Limited’s executive director and spouse have sold over 23 million shares to three new private mining investors, injecting nearly A$11.2 million and potentially accelerating development of the Sturec Gold Mine.

Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.

The Takeovers Panel has issued interim orders delaying Emu NL’s requirement to issue shareholder meeting notices, maintaining the status quo as it reviews the company’s application. This move adds a layer of uncertainty around upcoming resolutions and governance changes.

betr Entertainment has increased its all-scrip takeover offer for PointsBet shares and is seeking shareholder approval for a selective buy-back, reshaping its capital structure and voting dynamics.