Latest Shareholder Rights News

Lake Resources N.L. has announced a pro-rata entitlement offer of Loyalty Options, providing existing shareholders with a cost-free opportunity to increase their stake in the company over the next three years.

Emu NL has agreed to delay issuing shortfall securities tied to its recent entitlement offer until late October, as the Takeovers Panel continues its review following a challenge by Dronkay Pty Ltd.

Aurumin Limited has secured Supreme Court approval to convene shareholder and optionholder meetings for Brightstar Resources’ proposed full acquisition. The company’s directors unanimously back the schemes, setting the stage for a pivotal vote in November.

Warriedar Resources has sent out the Scheme Booklet to shareholders detailing its proposed acquisition of Capricorn Metals, with the Board unanimously recommending approval. Key meetings and court dates are set as the company moves toward a significant corporate milestone.

Turners Automotive Group Limited has announced a fully franked ordinary dividend for the quarter ending June 2025, accompanied by a dividend reinvestment plan offering a 2% discount.

The Takeovers Panel has declined to investigate allegations against Duxton Farms’ major shareholders regarding a complex merger and share placement, clearing the way for the company’s strategic consolidation plans.

Summit Minerals Limited has announced a fully underwritten entitlement offer to raise approximately $1.08 million, aimed at advancing its Brazilian exploration projects and funding potential acquisitions. The offer, priced at $0.03 per share, is open to Australian and New Zealand shareholders and is expected to dilute non-participating shareholders by about 25%.

Cobram Estate Olives has successfully closed a $6.1 million Share Purchase Plan alongside a $2 million shortfall placement, fueling its US growth ambitions. The capital raise complements a recent $175 million institutional placement, underpinning the company’s strategic farmland acquisitions and olive grove developments in America.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares at 11 cents each, setting the stage for Carawine’s imminent ASX suspension and delisting.

Rewardle Holdings will be removed from the ASX Official List on 3 October 2025 due to non-compliance with key listing rules, but plans to continue operations as an unlisted company while exploring a move to the NSX.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares, paving the way for the company’s imminent delisting from the ASX.

Eagers Automotive Limited is set to acquire a controlling 65% interest in CanadaOne Auto Group in a transaction valued at C$2.145 billion, with closing anticipated in early 2026.