Latest Share Distribution News

Eastern Metals Limited (ASX – EMS) announces a significant return of capital through an in specie distribution of Australian Gold and Copper Ltd shares, pending shareholder approval and key conditions.

Lefroy Exploration has received the first $1.25 million cash advance from BML Ventures, strengthening its financial position ahead of key development milestones at the Lucky Strike and Burns Central gold projects.

ReNerve Ltd is rapidly advancing its nerve repair product portfolio, with four ranges expected on the market by the end of 2025 and expanding global distribution. Clinical studies highlight significant patient benefits, supporting the company’s growth in a booming biomaterials market.

Aldoro Resources has updated the timetable for distributing Sultan Consideration Shares following recent asset divestments, with shareholder approval set for November.

Aldoro Resources has agreed to sell its non-core projects for approximately $3.3 million, enabling a sharpened focus on its flagship Kameelburg Niobium-REE Carbonatite Project in Namibia. The deal includes a significant share distribution in Sultan Resources to Aldoro shareholders.

Hastings Technology Metals has agreed to sell its Western Australian gold assets to Metal Bank Limited for A$2.3 million in shares, enabling a sharper focus on its flagship rare earths project. The deal includes key management moves and an in-specie share distribution to Hastings shareholders.

PPK Group Limited reported a significant statutory loss for FY25, driven by a major non-cash impairment on its Li-S Energy investment, while its ballistic protection arm Craig International Ballistics delivered exceptional revenue growth.

Wesfarmers has announced a $1.50 per share capital management initiative, combining a $1.10 return of capital with a $0.40 fully-franked special dividend, pending shareholder approval at the upcoming AGM.

Platinum Asset Management reports improved FY2025 financials alongside a transformative merger proposal with L1 Capital, aiming to create a $16.5 billion alternative asset manager.

Strickland Metals has completed the distribution of Gateway Mining shares to its shareholders following the sale of its Yandal Project, marking a significant step in its corporate restructuring.

Gateway Mining has completed its $45 million acquisition of the Yandal Gold Project from Strickland Metals, adding a significant 400,400-ounce gold resource to its portfolio. The company plans to advance mining licence applications and exploration activities in Western Australia's underexplored Yandal Greenstone Belt.

Eastern Metals has agreed to sell its Browns Reef Project to Australian Gold and Copper for $1.5 million, including a unique share distribution to existing shareholders, pending approval in September.