Latest Shareholder Meetings News

Loyal Metals (ASX:LLM) schedules a key court hearing on 24 August to approve PT Bumi Resources’ A$79 million takeover scheme, with most conditions including shareholder approval and project acquisitions progressing smoothly.

OceanaGold is set to acquire Ausgold and its Katanning Gold Project for A$776 million, adding a promising low-capital open-pit development in Western Australia with production expected in 2029.

Lotus Resources has successfully closed its retail entitlement offer, raising approximately A$26 million and bringing total equity raised to about A$60 million. The funds will bolster the Kayelekera uranium project’s transition to steady-state production alongside other financing arrangements.

True North Copper (ASX:TNC) has secured A$18 million in a placement upsized due to strong demand, plus a capped A$2 million Share Purchase Plan, to finalize its Mt Oxide acquisition payment and fund drilling and development across its copper projects.

Audalia Resources plans a $450,000 share placement to advance its Medcalf project and bolster working capital, while continuing to explore further funding options for regulatory approvals.

MC Mining has locked in up to US$16 million in new funding from its controlling shareholder, Kinetic Development Group, through an $8 million unsecured bridge loan and a $16 million share subscription split into two tranches. The capital injection aims to back working capital needs and advance the Makhado Project, though shareholder approval remains a key hurdle.

Cygnus Metals has cleared a key legal hurdle with the WA Supreme Court approving a shareholder meeting to vote on Central Asia Metals' acquisition proposal. The Scheme Booklet, including an Independent Expert’s Report, will be dispatched next week ahead of the September meeting.

AdNeo Limited secures $1.5 million through a share placement and debt conversion to back operational efficiency, AI platform investment, and potential acquisitions.

Ovanti Limited is set to raise approximately $1 million through a 500 million share placement priced at $0.002 each, with part of the raise pending shareholder approval.

Austral Resources has locked in a binding agreement to acquire Hammer Metals, offering a 70.6% premium and creating a stronger Queensland copper entity with significant resource and exploration potential.

Gentrack Group is set to refresh its board with three new independent directors, while two long-serving members prepare to retire by year-end, marking a strategic governance renewal.

PGG Wrightson posted a robust FY26 with $1.1 billion revenue and a 46% jump in net profit, driven by strong livestock prices and strategic acquisitions.