Latest Executive Management News

FBR has fully underwritten its A$2.5 million share purchase plan, removing the immediate risk of an unfunded shortfall but adding cash fees and potential option dilution. Alpine Capital can also terminate the arrangement in several circumstances, including a 10% fall in the S&P/ASX 200 Index.

Unith Ltd has closed its 1-for-7 entitlement offer, raising $295,725 from a partial take-up, leaving a significant shortfall that the company plans to place within three months.

MyState Limited posted a 58% rise in statutory net profit after tax to $56.2 million for FY26, boosted by integration progress and strong portfolio growth. The company declared a fully franked final dividend of 12.5 cents per share, marking a 3-cent increase for the year.

Develop Global has locked in GR Engineering to build its Yitirrti processing plant in the Pilbara, advancing a project on track for mid-2028 production and backed by a US$400 million Trafigura financing deal.

RPM Automotive's CEO Roy Norris resigned following mutual agreement with the board amid strategic leadership discussions. The company is launching a search for a new CEO and aims to bolster its governance with new independent directors.

Amaero has won a US$344,000 low-rate-initial-production contract from Bechtel Plant Machinery to supply piping for the US submarine industrial base, leveraging its advanced PM-HIP manufacturing technology.

Matsa Resources has restructured its board and management team, appointing three new non-executive directors with deep technical and commercial expertise to support the expansion and development of its Lake Carey gold asset.

BCAL Diagnostics has developed BREASTEST Monitor, a blood test showing promising accuracy in detecting local breast cancer recurrence in women over 50, aiming to simplify post-treatment monitoring.

Viridis Mining locks in a fixed-price, turnkey contract for critical power infrastructure at its Colossus Rare Earth Project, aligning with the company’s Final Investment Decision and production timelines.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Variscan Mines announces the resignation of CEO Stewart Dickson and the appointment of Tom Kent as executive director, signaling a strategic shift following the San Jose Mine Restart Study.

Western Gold Resources is advancing its Gold Duke Project with a 12,000-metre Life of Mine extension drilling program running alongside Stage 1 production, aiming to boost resources and extend mine life.