Latest Divestments News

Hastings Technology Metals has secured shareholder approval to distribute Metal Bank shares as it divests its gold assets, marking a strategic pivot towards rare earths.

Alligator Energy has sold its Northern Territory uranium assets to DevEx Resources for $7.5 million, streamlining its portfolio to concentrate on South Australian projects like Samphire. This move injects liquidity and reduces ongoing costs, positioning the company for accelerated development.

Olympio Metals has agreed to sell its Dufay Project in Quebec to Fokus Mining for CAD$500,000, streamlining its portfolio to concentrate on the promising Bousquet Gold Project near major gold mines.

Cyclone Metals has appointed Paul Berend as Managing Director and welcomed Caue Araujo as Non-Executive Director, signaling a sharpened focus on its flagship Iron Bear project alongside partner Vale S.A.

Southern Cross Media Group has secured crucial ACMA approval for its proposed merger with Seven West Media, advancing a major consolidation in Australia’s media landscape. The deal now moves closer to final shareholder approval.

Swoop Holdings Limited showcased robust subscriber growth and strategic divestments at its November 2025 AGM, targeting significant margin improvements and operational efficiencies.

PeopleIN Group reported a challenging FY25 with revenue down 6.5% and EBITDA down 10%, yet strengthened its balance sheet through debt reduction and a strategic sale. The company is poised to capitalise on Queensland's infrastructure boom and Defence sector opportunities.

PeopleIN Limited is set to divest its majority stake in Techforce Personnel, securing over a 100% return and strengthening its balance sheet to fuel future acquisitions.

Neometals has released initial gold assay results from its Barrambie Ranges drilling program, revealing promising high-grade intercepts that reinforce the project's exploration potential while advancing the Ironclad deposit towards production.

Sports Entertainment Group Limited (SEG) reports a robust start to FY26 with a 63% jump in underlying EBITDA and advances its strategic exit from Perth Wildcats.

PPK Group reports record revenue at Craig International Ballistics and advances lithium sulfur battery technology, while preparing for a CEO transition and focusing on sovereign manufacturing.

Maggie Beer Holdings reveals strategic progress in its 2025 AGM, focusing on operational simplification, financial stability, and targeted growth for its iconic brands.