Latest Shareholder Voting News

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.

Macarthur Minerals has provided updated details ahead of its 2025 AGM regarding share issuances and convertible note conversions that affect key shareholder voting power. The changes notably adjust the stakes of Gold Valley Yilgarn Pty Ltd and Copulos Group.

Platinum Asia Investments Limited (PAI) held a pivotal Scheme Meeting seeking shareholder approval to restructure by exchanging shares for units in the Platinum Asia Fund Complex ETF (PAXX), accompanied by a special dividend payment. The outcome will reshape PAI’s investment management and ownership structure.

WhiteHawk Limited has completed the first tranche of its capital raising, issuing over 135 million shares and raising A$1.56 million, with a second tranche pending shareholder approval in September.