Latest Performance Linked Incentives News

Noronex Limited has exercised its option to acquire Alaskan Critical Minerals, unlocking ownership of the Sleitat Tin Project in Alaska. The company secured an ASX waiver allowing milestone-based share issuance beyond the usual timeframe, tying payments to resource milestones and a decision to mine.

Moonlight Resources Ltd (ASX: ML8) completed its first year as a listed entity, rapidly expanding its gold and copper exploration at the Clermont Project in Queensland. The company reported a net loss of $1.98 million for FY2026, reflecting active exploration and corporate growth following its December 2025 IPO.

Lovisa Holdings reported a robust FY26 with revenue up 17.6% to A$938.8 million, expanded its global store network to 1,136 locations, and declared a 33 cent final dividend, reflecting strong momentum in key markets.

Underwood Capital Limited (ASX:UWC) posted a 21% drop in profit after tax to $0.193 million for FY26, weighed down by a $1.8 million loss on its Weed Me stake despite gains in listed securities. The company’s net tangible assets held steady at $19.3 million, supported by ongoing share buybacks amid persistent share price discounts.

Ava Risk Group has appointed Bryant Henson as CEO to spearhead its next growth phase, with a sharp focus on expanding its footprint in the United States and strengthening commercial execution worldwide.

Argent Minerals appoints mining veteran Mike McKevitt as CEO to spearhead advancement of its flagship Kempfield Silver Project and evaluate growth across gold and copper assets.

Platina Resources has appointed Dr Paul Polito as Managing Director and CEO, bringing over 30 years of exploration expertise to lead its Western Australian gold projects. His remuneration is heavily tied to operational milestones and share price performance.

Boab Metals is set to complete its A$10 million acquisition of Sandfire's DeGrussa Processing Plant, a move that de-risks and accelerates the Sorby Hills Silver Lead Project’s timeline towards production in H2 2027.

CZR Resources shakes up leadership with Managing Director Stefan Murphy's exit and Milan Jerkovic stepping in as Acting CEO, accompanied by the appointment of Alex Neuling as an independent director.

Vectus Biosystems appoints Dr Tara Speranza as CEO and CTO to accelerate development of lead fibrosis drug VB0004 with performance-linked incentives.

Kingsrose Mining has appointed Andrew Caruso as its new CEO, bringing over three decades of mining leadership experience to drive its Scandinavian projects and acquisition strategy. His remuneration package includes a base salary of CND$400,000 plus performance-linked incentives tied to share price milestones.

Axtec Limited has sold its PaySure loan book to Real Flow and secured a minority stake in the fintech, marking a strategic shift towards a platform-focused, AI-driven distribution model.