Latest Shareholder Rights News

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Bastion Mining has tabled a recommended $0.08 per share cash offer for Xanadu Mines, representing a significant premium and backed unanimously by Xanadu's independent directors and largest shareholder.

Cauldron Energy Limited has announced a fully underwritten entitlement offer to raise nearly $2 million, aimed at advancing its Yanrey Uranium Project and shoring up working capital. The offer, priced at $0.006 per share, could reshape shareholder control dynamics depending on participation.

Turners Automotive Group has announced a fully franked quarterly dividend of NZD 0.10588235 per share, alongside a supplementary unfranked dividend and a Dividend Reinvestment Plan offering a 2% discount.

Constellation Resources Limited is raising approximately $2.52 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to fund exploration projects in Western Australia and support general working capital.

The Takeovers Panel has declined to investigate applications challenging Pact Group Holdings’ proposed delisting, signaling regulatory acceptance of the move. The decision clarifies the Panel’s jurisdiction and leaves the delisting process on track.

Dexus has successfully secured a court injunction preventing Australia Pacific Airports Corporation from suspending its shareholder rights, buying time ahead of a key legal battle in August.

Carbine Resources Limited has announced a pro-rata entitlement offer aiming to raise approximately $1.1 million to fund exploration and working capital. The offer includes broker options subject to shareholder approval and targets shareholders in select jurisdictions.

A shareholder has lodged a formal application with the Takeovers Panel challenging FBR Limited’s recent share placements and governance practices, raising concerns over disclosure and shareholder engagement.

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.