Latest Shareholder Alignment News

Ovanti Limited has secured $8 million through a strategic share placement to accelerate its US Buy Now, Pay Later expansion, highlighted by a new three-year NASCAR sponsorship deal.

North Stawell Minerals has confirmed Campbell Olsen as its permanent part-time CEO, aiming to leverage his expertise to advance exploration in the Stawell Mineralised Corridor.

Australian Vanadium Limited has locked in a US$10 million secured loan from major shareholder RCF to advance its flagship vanadium project and prepare for a significant government battery storage tender.

Lode Resources has finalized the sale of its Webbs Consol silver project to Rapid Critical Metals, securing $3.75 million in cash, $8 million in shares, and a royalty stake, fueling its exploration push in silver and antimony.

Gold Road Resources shareholders have overwhelmingly approved the acquisition by Gold Fields’ Gruyere Holdings, moving the deal closer to completion pending court approval.

Carbonxt Group has successfully closed its non-renounceable pro-rata entitlement offer, issuing over 51 million Loyalty Options and raising approximately $514,000 to support its expansion plans.

Iris Cairns Property Pty Ltd has launched an off-market takeover bid for all units in Reef Casino Trust at $3.87 cash per unit, a significant premium supported unanimously by the trust’s board and major unitholders. The offer opens on 12 September 2025 and closes on 13 March 2026, subject to regulatory approvals and conditions.

Wesfarmers Limited has updated its dividend details, confirming a fully franked ordinary dividend of AUD 1.11 per share payable on 7 October 2025, with shareholders able to receive payments in AUD, NZD, or GBP.

Blue Energy Limited has successfully raised $3.2 million through a two-tranche placement, complemented by a proposed $250,000 share purchase plan, to fund drilling and pipeline development in Queensland’s North Bowen Basin.

McMillan Shakespeare Limited reported a 14.1% rise in statutory net profit after tax to $95.3 million for FY25, alongside a fully franked final dividend of 77 cents per share. The company’s strategic investments in digital platforms and acquisitions underpin its growth trajectory.

IVE Group Limited reported a 69% jump in net profit for FY25 despite a slight revenue dip, driven by margin expansion and operational efficiencies. The company maintains a strong balance sheet and outlines ambitious growth and sustainability plans for FY26.

Otto Energy has appointed industry veteran Chris Dorros as CEO, signaling a strategic push to leverage his two decades of upstream energy expertise. The move aligns with Otto’s growth ambitions and shareholder value focus.