Latest Board Composition News

LDR Assets Pty Ltd, part of the Lederer Family Office, has initiated an off-market takeover offer for all stapled securities in the Elanor Commercial Property Fund at a 5.3% premium to recent prices. The bid signals a potential overhaul of ECF’s management and governance.

Raptis Group Limited has announced the resignation of CEO Russell Garnett, with Executive Director Malcolm Cory stepping into the leadership role. This executive shuffle follows a recent board change and signals a new chapter for the company.

Platinum Capital Limited has received nominations for three new directors following a shareholder requisition, setting the stage for a pivotal general meeting. The company must now consider the appointments of Richard Caldwell, Julian Martin, and Geoff Wilson.

Story-i Limited reported a significantly reduced half-year loss of $386,949 for December 2024, down from nearly $24 million a year earlier, as it exits its Indonesian operations and focuses on recapitalisation and new investments.

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.

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.

Winchester Energy has appointed Jason Peterson and David Wheeler as non-executive directors, restoring its board to the required three members and addressing recent regulatory notices.

PVW Resources Limited has appointed David Wheeler as Non-Executive Chairman while director Colin McCavana has resigned, marking a notable shift in the company’s leadership.

Far Northern Resources has completed its first phase of drilling at the Bridge Creek project, confirming significant high-grade gold mineralization and preparing for an expanded second phase of exploration.

Spenda Limited has reported a record-breaking FY25 with cash receipts soaring 114% to $11.5 million and launched its APG Pay platform backed by a $50 million funding commitment. The company also trimmed operating costs by 39%, setting a leaner foundation for FY26 growth.

The Takeovers Panel has issued interim orders requiring Bryah Resources to retain and provide detailed voting records from its upcoming general meeting, signaling heightened regulatory scrutiny amid shareholder tensions.

Alkane Resources secured shareholder approval for its merger with Mandalay Resources, marking a pivotal step toward creating a combined gold and antimony producer. The transaction awaits final court confirmation in Canada.