Latest It Distribution News

Coventry Group Limited has appointed Nik Alpert as Acting Group CEO and announced a planned CFO transition, signaling a new leadership phase for the industrial distributor.

Magellan Asset Management announces a 16.25 cents per unit final distribution for its Global Fund Active ETF for the six months ending June 2025, with key dates set for early July.

Elders Limited has updated its dividend details for the six months ending March 2025, confirming an 18-cent per share payout, half of which is franked, with a Dividend Reinvestment Plan offering a 1.5% discount.

Australia and New Zealand Banking Group Limited (ANZ) has announced a quarterly distribution of AUD 1.3062 per security on its capital note AN3PL, with a 70% franking rate and payment scheduled for September 22, 2025.

La Trobe Financial Asset Management has launched a Distribution Reinvestment Plan (DRP) for its Private Credit Fund, offering unitholders a streamlined way to reinvest cash distributions into additional units without brokerage fees.

Kali Metals has expanded gold mineralisation at its Marble Bar Gold Project to a 2km strike length, including a 600m extension into the newly acquired Peggy tenement, with high-grade rock chip results up to 19.1 g/t Au. The company is now preparing for its first drilling campaign to test these promising targets.

Firebird Metals has reported promising lab-scale results for its lithium manganese iron phosphate cathode material, showing a significant energy density improvement over standard LFP. The company is moving towards pilot-scale production and global commercialisation.

Enova Mining advances its CODA Central project in Brazil with six auger holes completed, targeting promising titanium and rare earth mineralisation. Assay results are anticipated by late July, alongside ongoing metallurgical testing to unlock processing pathways.

ParagonCare appoints Carmen Riley as CEO effective July 1, 2025, with a planned transition period under outgoing CEO David Collins to complete integration and pursue M&A opportunities.

DroneShield has landed its largest-ever contract worth $61.6 million from a European military reseller, surpassing its entire 2024 revenue. Delivery is slated for Q3 2025, marking a significant milestone in the company's growth trajectory.

Savannah Goldfields has announced a new gold Exploration Target at its Phily’s Deposit within the Georgetown Project, adding to its growing portfolio of promising near-surface resources.

Sun Silver Limited has verified significant antimony mineralisation at its Maverick Springs Project in Nevada, with historical drill core re-assays revealing broad intercepts and visual stibnite presence. The company is advancing a strategic engagement with the US Department of Defence to position the project as a critical domestic mineral source.