Latest Shareholder Rights News

Wayburn Holdings has lodged a formal application with the Takeovers Panel challenging the integrity of Emu NL’s recent extraordinary general meeting vote, citing undisclosed share placements and opaque proxy handling.

Keybridge Capital urges shareholders to take no action following an off-market takeover bid from its own subsidiary, Yowie Group, citing serious governance concerns and legal disputes.

MedAdvisor Limited has successfully closed its Share Purchase Plan, raising $2.668 million-exceeding its $2 million target-and plans an upcoming shareholder meeting to approve director share issuances.

The Takeovers Panel has received a contentious application from Keybridge Capital challenging Yowie Group’s recent private share placement, alleging breaches of takeover laws amid internal disputes within Keybridge.

Babylon Pump & Power Limited has announced an accelerated non-renounceable entitlement offer to raise approximately $3.5 million, aimed at completing a key acquisition and supporting its working capital needs. The offer invites existing shareholders to subscribe for new shares at $0.004 each on a 7-for-20 basis.

Mount Burgess Mining NL has voluntarily suspended trading of its shares on the ASX pending a court ruling on the validity of a recent cleansing notice tied to new share issuance.

Black Cat Syndicate Limited has completed the second tranche of its share placement, raising approximately $12 million and issuing additional shares under a native title agreement at its Paulsens Gold Operation.

A significant shareholder has lodged an application with the Takeovers Panel challenging Pact Group Holdings’ proposed delisting from the ASX, alleging misleading reasons and coercion of minority investors.

AVJennings Limited has announced a proposed $0.655 per share acquisition scheme by PM Nominees C Pty Ltd, an investment vehicle of Proprium Capital Partners and AVID, offering shareholders a near 100% premium over recent trading prices. The scheme, supported unanimously by the board and an independent expert, awaits shareholder and court approval.

An application to the Takeovers Panel challenges Pact Group Holdings’ planned ASX delisting, citing concerns over shareholder disadvantage and selective disclosure.

High-Tech Metals Limited has announced a $1 million pro-rata entitlement issue, offering shares at $0.15 each alongside free listed options, aiming to fund exploration at its Mt Fisher - Mt Eureka Project and strengthen working capital.

Southern Cross Gold Consolidated has announced a substantial C$120 million private placement to fund key development phases at its Sunday Creek Gold-Antimony Project, aiming to fast-track drilling, decline construction, and resource expansion.