Latest Board Changes News

Dragon Mountain Gold Limited announces a key board change with the appointment of Kenneth Robinson and secures a $700,000 loan to manage upcoming convertible loan repayments.

Openn Negotiation Ltd moves forward with a creditor-approved recapitalisation plan following voluntary administration, while its shares remain suspended on the ASX.

Solstice Minerals reports robust drilling results at its Yarri Gold Project and identifies significant resource extension targets at Nanadie Copper-Gold Project, supported by a $2.1 million strategic placement and a key board appointment.

Amplitude Energy capped FY25 with record production and revenue, while progressing its East Coast Supply Project and announcing significant board changes.

Legend Mining Limited has completed the acquisition of the Pinnacle Well Project in Western Australia, marking its strategic entry into gold exploration while continuing progress at its Rockford Project.

West Wits Mining appoints CEO Rudi Deysel as Managing Director and adds Keith Middleton as non-executive director, while veteran board member Hulme Scholes retires after 14 years. These changes come as the company transitions into operational gold production at its Qala Shallows project in South Africa.

Johns Lyng Group has entered a binding scheme implementation deed with Pacific Equity Partners for a $1.1 billion acquisition at $4.00 per share, representing a significant premium and a 10.3x EV/EBITDA multiple. The transaction awaits shareholder and regulatory approvals, with major shareholder backing and a clear timetable set for late 2025.

Group 6 Metals reported a $23 million loss for H1 2024 amid operational setbacks but completed a major $81 million debt-to-equity recapitalisation, setting the stage for a strategic turnaround.

The Takeovers Panel has introduced a gradual lifting of voting restrictions on ARN Media's 6.83% stake in Southern Cross Media, following Sandon Capital's push to influence board control.

The Takeovers Panel has introduced a phased lifting of voting restrictions on ARN Media’s 6.83% stake in Southern Cross Media, allowing incremental voting rights restoration starting July 2025 amid a contested board spill.

Universal Biosensors has signed a non-binding term sheet for an A$8.5 million senior secured loan with Viburnum Funds, alongside plans for an equity raising. The move comes with governance shifts, including a director resignation to avoid conflicts.

Energy World Corporation Ltd plans to convert $440.5 million of debt into shares at a significant premium, reshaping its capital structure and boosting major shareholders’ stakes. Concurrently, the company announces key leadership changes to steer its next growth phase.