Latest Shareholder Vote News

Botala Energy has raised A$1.5 million through a discounted share placement to fund critical drilling and feasibility work at its Serowe CBM Project in Botswana. Directors and the CEO are backing the raise, signaling confidence in the project’s potential.

South Harz Potash Limited has closed its shortfall placement, raising A$180,000 and bringing total equity raised to A$2.58 million to fund its dual-asset strategy in Germany.

Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.

The Takeovers Panel has accepted an undertaking from betr Entertainment, addressing key disclosure and structural concerns in its takeover bid for PointsBet, while declining to declare unacceptable circumstances.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

Origin Energy reported a 6% rise in full-year profit to $1.48 billion, driven by LNG trading gains and operational resilience, while advancing key renewable projects and battery storage developments.

Dundee Precious Metals has confirmed the court sanction hearing date for its recommended acquisition of Adriatic Metals, with key shareholder meetings scheduled and a flexible cash-share mix option offered to shareholders.

Waratah Minerals has raised A$30 million through a strategic placement to accelerate drilling at its Spur Gold-Copper Project, backed by strong institutional demand.

Yowie Group Limited has been sanctioned by ASIC for failing to lodge key financial reports, forcing the confectionery company to issue a full prospectus for capital raising until mid-2026. This regulatory setback follows a turbulent period marked by board changes and trading suspensions.

Elanor Investors Group has firmly rejected an unsolicited takeover offer from Lederer Group for its Commercial Property Fund, while progressing a strategic $125 million investment with Rockworth Capital Partners and continuing asset sales to stabilise its balance sheet.

The Tanzanian Mining Commission has granted consent for Shenghe Resources to acquire all remaining shares in Peak Rare Earths, advancing a major consolidation in the rare earths sector. The deal still awaits shareholder and regulatory approvals before completion.

The Takeovers Panel has issued interim orders delaying Emu NL’s requirement to issue shareholder meeting notices, maintaining the status quo as it reviews the company’s application. This move adds a layer of uncertainty around upcoming resolutions and governance changes.