Latest Distribution News

Skylark Minerals has more than tripled the Inferred Mineral Resource at its Zaranou Gold Project in Côte d’Ivoire to 1.20 million ounces after 2026 drilling at M’Basso. The company has also signed a binding agreement to lift its project interest from 51% to 90% for US$1.2 million.

ECS Botanics has delivered a fifth consecutive quarter of positive operating cash flow, while branded sales and international expansion continue to reshape the business. The next test is whether planned UK and Polish launches can convert into recurring revenue.

NewPeak Metals is preparing to drill at least 1,000 metres west of its broad Las Opeñas discovery, where gold grades have increased towards the Belleza Breccia volcanic centre. The funded campaign will test whether the large gold-polymetallic system contains a more valuable gold-dominant core.

MaxiPARTS has completed its $11.2 million purchase of Air Brake Systems, an acquisition expected to lift earnings per share by 17% before synergies. The deal adds a commercial vehicle braking business with $20 million in revenue and is forecast to contribute $5.5 million to group operating EBITDA by FY29, including synergies and underlying growth.

Pro Medicus has signed a seven-year, A$24 million contract with Billings Clinic - Logan Health for a cloud-based deployment of its Visage 7 imaging platform. The transaction-based structure offers potential additional upside, although the announcement does not quantify future volumes or revenue timing.

South32 has maintained FY27 production guidance across every operation, while Sierra Gorda delivered stronger copper output and Hermosa cleared a major permitting hurdle. The quarter also exposed a sharp Cannington setback, with zinc-equivalent production falling 27% as paste backfill constraints disrupted mining.

FleetPartners has agreed to a $1.131 billion cash takeover by SG Fleet after a competitive auction lifted the offer to $5.30 per share. The deal still requires shareholder, court and regulatory approval, with completion targeted for March 2027.

Arena REIT has raised its FY2027 distribution guidance to 19.0-20.2 cents per security as rent collection and replacement operator arrangements improve across its troubled Edge portfolio. The upgrade remains partly dependent on transactions, lease assignments and approvals being completed.

Monadelphous Group Limited (ASX:MND) enters FY27 with record FY26 revenue of $2.98 billion, a 52.1% profit increase and more than $680 million of new contracts secured since year-end. The engineering services group is also carrying a disputed claim worth about $200 million and a sizeable exposure to fossil-fuel markets.

Ramsay Health Care has cleared the first legal step towards distributing its 52.79% stake in Ramsay Générale de Santé to shareholders. The proposed demerger now goes to consecutive shareholder meetings on 24 November, backed by the board and Deloitte’s independent expert.

Associate Global Partners lifted funds under management 20% to $1.672 billion in FY2026, powered by $172 million of net inflows and stronger WCM performance. The funds platform remains loss-making, but adjusted losses narrowed and post-year-end inflows began strongly.

St Barbara reported a $489.7 million FY26 statutory profit, but almost all of it came from the deconsolidation of New Simberi Gold rather than recurring operations. The annual report also confirms a debt-free balance sheet, a 5-cent fully franked dividend and a portfolio moving from transaction-making to project delivery.