Latest Board Restructuring News

Miramar Resources has restructured its board, appointing Marion Bush as Managing Director and Jono Fisher as Non-Executive Chairman, aiming to drive growth and exploration success in Western Australia.

Forrestania Resources has declared its takeover offer for Kula Gold unconditional after securing over 76% ownership, extending the offer deadline to January 22, 2026. The move sets the stage for a reconstituted board and accelerated gold production ambitions.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at $0.17 per share, representing a notable premium to recent trading prices. The offer, which allows immediate acceptance via ASX brokers, signals a potential shift in control and strategy for Venus Metals.

EMU NL has sold its Badja Gold Project for over A$3.5 million, retired all debt, and is set to commence a maiden drilling program at its Yataga Copper Project in Queensland, fully funded and under new board leadership.

Charger Metals NL has reported a maiden inferred lithium resource of 8.2 million tonnes at its Lake Johnston project, backed by Rio Tinto's $1.1 million exploration funding. A new drilling program is underway, aiming to expand lithium and gold prospects in Western Australia.

Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.

Winchester Energy reported a slight dip in production but secured a strategic 30% farm-out deal for its Varn waterflood project, alongside significant board restructuring.

Liberty Metals Limited has strategically pivoted into the critical minerals sector with a $2.5 million capital raise, new board appointments, and acquisition of three major Brazilian projects targeting rutile, ilmenite, zircon, and rare earths.

Sunshine Metals reports significant progress in North Queensland with standout gold intersections at Sybil and a $5 million placement led by Lion Selection. Board reshuffle aligns leadership with growth strategy.

Vonex Limited has finalized its Scheme of Arrangement, transferring all shares to Maxo Telecommunications and initiating a board overhaul ahead of its imminent ASX delisting.

Carnavale Resources secures $7.1 million through placement and rights issue to advance the Kookynie Gold Project with a Bankable Feasibility Study underway and a strategic board reshuffle.

Equity Story Group has raised $650,000 through a strategic convertible loan led by new Non-Executive Chair Alex Brinkmeyer, signaling a pivot into property funds management. The company also announced significant board changes, including the appointment of David Nolan as Managing Director.