Latest Shareholder Support News

Frasers Group has extended the deadline for its on-market takeover bid for Accent Group shares to 30 September 2026, maintaining all other offer terms unchanged.

Acrow Limited has raised $16 million through an oversubscribed Share Purchase Plan, exceeding its $10 million underwriting target. The additional funds will be directed towards debt reduction, reinforcing the company’s financial position ahead of a pending placement approval.

Ida Metal Investments has increased its stake in Zenith Minerals to just over 10% yet does not intend to accept Forrestania Resources' takeover bid. Despite this, Zenith's board continues to recommend acceptance of the offer, which requires just over 50% shareholder support to proceed.

AuKing Mining has rapidly advanced its Tundulu Rare Earths Project in Malawi, confirming extensive carbonatite mineralisation beyond historical targets and securing $8 million to fund an expanded drilling campaign including diamond drilling.

H2G Limited has received a $774,632.77 R&D tax incentive refund, reinforcing its cash reserves and supporting its renewable energy strategy through 2027. The company plans to update shareholders on progress in its upcoming quarterly report.

Cygnus Metals is set for a transformative acquisition by Central Asia Metals valued at about A$232 million, while its Golden Eye deposit delivers high-grade drilling results that bolster resource confidence.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

Tāiko Critical Minerals is raising up to NZD 3 million through a Share Purchase Plan issuing 12 million shares at NZD 0.25 each, with no underwriter appointed.

Austral Resources Australia Ltd has tabled a non-binding proposal to acquire Hammer Metals Ltd at A$0.087 per share, outbidding Larvotto Resources and aiming to bolster its Rocklands copper operations with a substantial new feed source.

Enlitic has locked in binding commitments for a conditional A$15 million capital raise alongside a convertible note conversion, setting the stage for a clearer path to cashflow break-even and accelerated rollout of its SaaS platform.

Scalare Partners has locked in a $5 million convertible note facility from Blackstone Mercantile, paving the way for up to $25 million in funding subject to shareholder approval. The deal includes a 60:1 share consolidation and a bonus option issue designed to soften dilution for existing shareholders.