Latest Board Changes News

VDM Group remains suspended from ASX trading amid a legal dispute over its Angolan joint ventures, while pivoting towards new critical minerals opportunities in Australia.

Platinum Capital Limited has pulled its proposed scheme of arrangement due to insufficient shareholder support but will proceed with an on-market buy-back. Meanwhile, L1 Capital pushes for management control and board renewal.

Traka Resources has announced a $2.5 million capital raise through a two-tranche placement, alongside significant board and executive changes that could reshape its strategic direction.

Infinity Lithium secures a three-month extension for its San José lithium project amid regulatory challenges, while reshuffling its board to pivot towards Australian precious metals.

Winchester Energy reported steady oil production and revenue for the June quarter while resolving key legal disputes and undergoing significant board changes. The company also withdrew from costly Peruvian exploration plans, focusing on US operations and cost control.

MC Mining reports zero lost time injuries and steady progress on its flagship Makhado Project, while Uitkomst Colliery implements a turnaround plan that boosts sales despite production challenges.

Mount Ridley Mines advances its rare earth exploration strategy with a detailed tenement review and key board appointments, while maintaining a solid cash position at the end of June 2025.

RocketBoots Limited has expanded its sales pipeline with five new customers covering over 8,550 locations and secured a strategic $1 million investment from Bombora Funds, positioning itself strongly in the growing AI retail technology market.

RooLife Group (ASX, RLG) reported $1 million revenue in Q4 FY2025, driven by its UK TikTok marketplace launch and a major solar product order from India, while divesting its digital marketing arm and cutting staff costs.

Lodestar Minerals has completed a pivotal drilling program at its Darwin Project in Chile, confirming promising gold and copper mineralisation. The company also announced a $2.7 million capital raise to fund ongoing exploration and corporate activities.

Sultan Resources advances exploration in NSW’s Lachlan Fold Belt with promising gold-copper targets while managing a modest capital raise and reviewing WA assets.

RBR Group Limited is strategically positioning itself to capitalise on the restart of major LNG projects in Mozambique, advancing joint ventures and raising capital to meet anticipated demand.