Latest Shareholder Risk News

Embark Early Education has requested a general meeting to install its chair and managing director on Mayfield Childcare’s board and remove three directors. The move comes after Embark lifted its stake in Mayfield to 50.04%, raising the prospect of a board with no directors independent of the majority shareholder.

Pearl Gull Iron turned a $514,327 loss into a $1.50 million profit after selling its Cockatoo Island Project. But the ASX-listed explorer remains suspended, holds no mining tenements and is yet to identify its next project.

Prescient Therapeutics (ASX:PTX) has opened a $7 million Share Purchase Plan at a significant discount to advance its lead cancer therapy PTX-100 beyond a pivotal Dose Optimisation Committee review in late 2026.

Solvar Limited posted a 6.2% decline in statutory net profit for FY26 to $29.5 million, while normalised earnings rose 7.5%. The lender declared a 19.5 cents fully franked dividend and expanded its Australian loan book by 10.5%, driven by growth in commercial lending.

Evolution Mining delivered record FY26 profit and cash flow, declaring a 21-cent final dividend and setting a higher 60% payout policy while advancing key growth projects and acquisitions.

A2MP Investments FZCO has kicked off an off-market takeover offer for the remaining 44.44% of Canyon Resources shares it does not already control, valuing the company at about A$103 million equity and A$188 million enterprise value. The bid comes amid deteriorating project economics and funding challenges for Canyon's Minim Martap Bauxite Project.

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Ballymore Resources launches a $3.24 million pro-rata entitlement offer priced at 12.5 cents per share, sweetened with free attaching options exercisable at 22 cents, to fund ongoing Queensland exploration and development.

Challenger Limited reported a 19% jump in Life sales to $1.7 billion in Q3 FY26, driven by strong annuity demand and offshore growth. Despite a 10% dip in Funds Management FUM amid market volatility, the company advanced key retirement partnerships and tightened its FY26 EPS guidance.

FortifAI Limited has raised $5 million through a strategic placement led by a major Australian institutional fund manager, reinforcing its balance sheet and accelerating its AI development and commercialisation plans.

Lefroy Exploration has launched its inaugural toll milling campaign at the Lucky Strike Gold Mine, with first gold production expected by mid-February amid strong gold prices. The company is also advancing drilling to expand the mine’s footprint.

Jameson Resources has raised an extra A$450,000 through a discounted share placement, reinforcing investor confidence in its Crown Mountain coal project amid ongoing regulatory progress.