Latest Shareholder Value News

Legacy Iron Ore Limited reported solid progress in its June 2025 quarter, with ongoing gold production at South Laverton and key development milestones at the Mount Bevan magnetite project.

My Foodie Box Ltd reported a $1.39 million profit for FY24 following the sale of its meal kit business to MFB (WA) Pty Ltd, receiving a 40% stake and vendor financing arrangements. The company now seeks new assets to restore shareholder value amid ongoing financial uncertainties.

Bellavista Resources is progressing bioleaching trials at its Brumby Project while conducting due diligence on over 50 potential gold, silver, and copper projects worldwide. The company maintains a solid cash position of $4.15 million as it seeks to expand its portfolio.

MetalsTech Limited has raised A$3.3 million through strategic placements to fund the advancement of its Sturec Gold Mine Pre-Feasibility Study, which shows strong economic potential with a US$768 million NPV. The company is progressing metallurgical testing and ore sorting technology to enhance project value.

Discovery Alaska Limited has terminated its Vinasale Gold Project lease to conserve funds, while maintaining full ownership of the Chulitna Gold Project and exploring new opportunities to boost its portfolio.

ENRG Elements Limited has appointed new management and implemented significant cost reductions while renewing key uranium exploration permits in Niger. The company is also exiting lithium projects in Canada to focus on core assets and new opportunities.

Octava Minerals has secured a binding agreement to acquire the Federation Cu-Zn-Ag Project in Tasmania, reported promising bioleaching test results at its Byro REE-Li Project, and raised $1.5 million to fund exploration and working capital.

Mount Burgess Mining advances metallurgical test work at its Nxuu deposit, navigates leadership changes, and pursues a significant legacy debt extinguishment as it refines its strategic focus.

Epsilon Healthcare has completed a $6.7 million sale and leaseback of its Southport manufacturing site, significantly reducing debt and securing long-term operational stability.

GTN Limited shareholders have overwhelmingly approved a capital return, setting the stage for a payment scheduled on 11 August 2025. This move reflects the company’s ongoing strategy to optimise shareholder value.

Gullewa Limited reports significant progress in its mining and property ventures, including a major drilling campaign and lot sales, setting the stage for an updated resource estimate.

New World Resources has locked in a US$6.5 million unsecured loan from Kinterra to advance its Antler Copper Project and support a pending takeover bid. The funding aims to cover critical permitting, land acquisition, and transaction costs.