Latest Distributions News

Condor Energy has advanced its offshore Peru exploration with a new Raya West prospect, lifting its unrisked prospective resources above 3.3 billion barrels, while moving to 100% ownership of TEA 86 to streamline licence conversion and partnerships.

Orbital Corporation advances its UAV engine production and hybrid propulsion technology while managing a $0.5 million net cash outflow in Q1 2026, supported by a $43 million business pipeline and new international contracts.

Mayne Pharma’s third quarter results show modest revenue growth but a sharp improvement in cash flow and earnings, powered by the strong launch of DistributeRx and robust Women’s Health sales.

Argent BioPharma secured a 48% stake in CannPal Animal Therapeutics, shipped its largest CannEpil® order to Ireland worth A$783,000, and filed a US provisional patent for its NanoBodies platform, underpinning its neuro-immune strategy and commercial growth.

Peak Processing reported its first positive EBITDA month in March 2026, driven by operational efficiencies and strong production growth. The company upgraded its Q4 production forecast and expanded key customer contracts, signaling a turning point after a challenging period.

GCM Corporation finalises exclusive rights to its Very High Density technology, launches its first commercial heat sink products, and expands global prototyping efforts targeting high-growth sectors including EV infrastructure and data centres.

Redcastle Resources completes a 13,539m grade control drilling program at Redcastle Reef, delivering exceptional high-grade gold intercepts and identifying a 300m western extension. Sixteen new gold targets emerge across the underexplored TBone Belt as mine readiness progresses toward mid-2026 production.

Mont Royal Resources is on track to release an updated Preliminary Economic Assessment for its Ashram Rare Earths project in May, with a promising geological review highlighting the BD-Zone as a key area for resource expansion. The company also secured a strategic non-binding MOU with Saguenay Port Authority and extended funding for critical infrastructure.

Sea Forest Limited’s 3Q26 revenue surged 92% to $1.1 million, boosted by expanding SeaFeed™ sales and a pioneering low-carbon wool launch with Theory. New cattle supply deals raise herd commitments to 131,000, underpinning growth amid supportive government policies.

Middle Island Resources has completed its Phase 2 drilling at the Bobija polymetallic project in Serbia, reinforcing continuity of gold-silver-base metal mineralisation. Extensive soil sampling across Tisovik, Priboj, and Ober projects has identified multiple promising targets, with RC drilling planned pending land access approvals.

Latitude 66 Limited has unveiled two new gold lodes at its Laverton Gold Project, significantly broadening the mineralised corridor at Tin Dog and reshaping exploration priorities.

Antares Metals is poised to drill its Conglomerate Creek prospect in Queensland, targeting seven geophysical anomalies linked to a buried intrusion with a 1,000m RC program starting late May 2026.