Latest Shareholder Meeting News

Eastern Metals is progressing its acquisition of Raptor Resources and has agreed to sell its Browns Reef Project, while planning a $4-5 million capital raise pending shareholder approval.

Cyclone Metals advances its flagship Iron Bear Project despite a minor delay in drilling caused by First Nations election disputes, while strengthening its cash position through significant share sales.

Locate Technologies proposes a scheme to migrate its listing from ASX to NZX, enabling continuation of its Bitcoin Treasury Strategy without ASX restrictions. The move aims to broaden investor base and enhance shareholder value.

Conico Ltd has launched a $2.1 million entitlement offer to fund exploration at its Mt Thirsty Joint Venture and progress projects in Greenland, while aiming to clear its debt through shareholder-approved loan conversions.

Winchester Energy reported a slight dip in production but secured a strategic 30% farm-out deal for its Varn waterflood project, alongside significant board restructuring.

Tasman Resources has progressed its exploration efforts at Lake Torrens and Parkinson Dam projects, backed by a recent $850,000 capital raise and strategic board changes.

Xstate Resources has secured $3.82 million through a two-tranche capital raising to advance appraisal and production testing at its Diona-1 well in Queensland, positioning the company for critical flow testing and further exploration.

TPG Telecom is set to return approximately $3 billion to shareholders through a capital reduction and special dividend, pending a final tax ruling from the Australian Taxation Office.

Elixinol Wellness Limited (ASX – EXL) has launched a substantial options offer to placement investors and its lead manager, pending shareholder approval. The offer could reshape the company’s capital structure and potentially raise $4.4 million upon exercise.

Freightways has reported solid financial results for FY25 with revenue up 6.6% and net profit rising nearly 13%, alongside an 8% dividend increase. The company’s robust Q1 FY26 trading update highlights continued momentum driven by market share gains and operational efficiencies.

Aruma Resources has reported promising high-grade copper intersections from its maiden drilling at Fiery Creek, alongside new heavy mineral sands and gold-copper targets, supported by a $3.515 million placement to fund ongoing exploration.

Metgasco Ltd (ASX, MEL) has announced a significant security consolidation, converting every 50 existing securities into one new security, impacting shares and options alike. Key dates and approval processes are set for late 2025.