Latest Boardroom Shifts News

Eastern Metals Limited is set to raise up to AUD 5 million through a public offer to fund its acquisition of Raptor Resources Limited, marking a significant shift in its business focus and a planned re-compliance with ASX listing rules.

PolyNovo Limited has appointed Bruce Peatey as its new CEO, bringing extensive international healthcare experience to drive the company’s next growth phase. Peatey’s leadership is expected to accelerate PolyNovo’s expansion into new markets and outpatient care.

EV Resources has appointed Michael Brown as Managing Director and CEO to spearhead its North American antimony supply strategy, aiming to restart production in Mexico and expand U.S. projects amid rising demand for critical minerals.

QuickFee Limited reported a 9% revenue increase in Q1 FY26, driven by strong Australian Finance growth despite a US Finance dip. The company completed a US Pay Now business sale for US$26.35 million and announced a 7.5 cents per share capital return, alongside a CEO appointment.

Enero Group reports improved profitability in FY25 despite revenue decline, driven by divestment and AI innovation, with FY26 Q1 EBITDA up 13%.

VHM Limited has secured a significant offtake framework with Mitsui and a US$200 million financing interest from the US Export-Import Bank for its Goschen Rare Earths and Mineral Sands Project, alongside key environmental approvals. These milestones set the stage for a Final Investment Decision in the first half of 2026.

Dalaroo Metals has secured 100% ownership of four gold permits in Côte d’Ivoire, leveraging extensive historical exploration data and planning aggressive drilling to unlock value in a prolific West African gold region.

Vital Metals has locked in firm commitments for an extra $5.6 million placement, building on its August raise, to accelerate development of its Tardiff rare earths deposit in Canada.

Compumedics has secured a $2.15 million placement to fast-track commercialisation of its Somfit D device following early FDA approval, positioning the company for significant growth in the US home sleep testing market.

Ainsworth Game Technology has lodged a supplementary statement supporting Novomatic’s unconditional takeover bid, even as its CEO resigns amid regulatory hurdles. The board unanimously recommends acceptance, with the offer deemed fair by an independent expert.

Buxton Resources has promoted Martin Moloney from CEO to Managing Director, signaling a strategic leadership shift as the company continues its exploration efforts. Meanwhile, Non-Executive Director Jared Jacob departs to join Sandfire Resources.

Odessa Minerals appoints Tim Goldsmith, former Rincon CEO, as Non-Executive Chairman and raises $1.15 million to fuel exploration and acquisitions.