Latest Shareholder Updates News

WCM Global Growth Limited reported a robust FY2025 with net profit soaring to $69.5 million and a 31% portfolio return, prompting increased dividends and a successful $76.7 million capital raise.

Australian Gold and Copper Ltd has completed its acquisition of the Browns Reef tenement package, doubling its South Cobar Project area and setting the stage for a maiden resource estimate at the Evergreen target.

Perpetual Limited has taken a significant step by entering an exclusivity agreement with Bain Capital Private Equity to explore selling its Wealth Management business, though no deal is guaranteed.

Aguia Resources has successfully raised approximately $4 million through a non-renounceable entitlement offer and placement of the shortfall, strengthening its capital position ahead of key project developments.

Eden Innovations is set to complete the sale of its Georgia industrial property for US$5 million, aiming to significantly reduce its debt burden. The sale proceeds will primarily repay over US$4 million of the company’s iBorrow loan, easing financing costs.

INOVIQ Limited has completed a $9.5 million placement to institutional investors and launched a $2 million Share Purchase Plan for existing shareholders, aiming to bolster its cancer diagnostics and therapeutics pipeline.

Klevo Rewards has completed a partial entitlement offer, raising $1.77 million with underwriters covering 40% of the targeted $4.12 million capital raise. The company now faces decisions on allocating the remaining shortfall shares.

Johns Lyng Group’s acquisition by Sherwood BidCo has been legally approved, triggering a suspension of JLG shares on the ASX. Shareholders are set to receive $4 per share or scrip consideration by late October.

Venari Minerals is set to close its Share Purchase Plan on 6 October, following a successful $5.5 million placement to institutional investors. Eligible shareholders in Australia and New Zealand can still apply for shares without brokerage fees before the deadline.

Washington H. Soul Pattinson and Company Limited (SOL) has completed the allotment of shares under its and Brickworks’ share schemes, issuing over 433 million Topco shares to shareholders. This marks a significant milestone in the companies’ corporate restructuring.

Fat Prophets Global Contrarian Fund has successfully closed its Share Purchase Plan, raising nearly $1 million from existing shareholders. The capital injection will see over 740,000 new shares issued at a modest discount.

Mayne Pharma has publicly refuted recent media claims about plans to close its Salisbury manufacturing site, clarifying its position amid ongoing regulatory scrutiny of its Scheme transaction with Cosette.