Latest Transformation News

PARKD Limited has successfully raised A$0.78 million through a placement oversubscribed by investors including construction giant McNab Group, to fund its strategic expansion into the East Coast prefabrication market.

Canyon Resources has raised A$215 million through a strategic equity package to fast-track its Minim Martap bauxite project and deepen its investment in Camrail, with key backing from Cameroon's largest financial services group.

Mammoth Minerals reveals a major deep-seated intrusive target at its Picha Copper Project in Peru, supported by advanced geophysical surveys under the BHP Xplor program. This finding aligns with surface copper mineralisation and sets the stage for refined exploration.

Locksley Resources appoints Kerrie Matthews as CEO and Danny George as COO to fast-track the Desert Antimony Mine and establish a U.S.-based antimony supply chain. Their leadership aims to overcome critical supply chain gaps amid rising demand.

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.

Finder Energy has secured a pivotal funding boost as TIMOR GAP increases its stake in the KTJ Project, accelerating the path to final investment decision by mid-2026. This farmin agreement significantly de-risks the project and aligns with Timor-Leste’s strategic development goals.

Premier Investments reported a 31.1% rise in net profit after tax for FY25, driven by strong growth in its continuing operations after divesting its Apparel Brands to Myer. The company is now concentrating on expanding its high-margin Peter Alexander and Smiggle brands.

Premier Investments reported a 31.1% rise in net profit after tax for FY25, driven by strong sales growth at Peter Alexander and a strategic shift following the sale of its Apparel Brands to Myer.

Premier Investments reported a 31% jump in net profit to $338.2 million for FY25, driven by the sale of Just Group and a $1.03 billion fully franked In-Specie Distribution to shareholders. Continuing operations showed a profit decline amid strategic brand investments.

Somerset Minerals reports strong visual copper mineralisation from its Phase-2 drilling at the Coppermine Project, Nunavut, with assays pending. Concurrent geophysical and geochemical surveys aim to unlock multiple copper discoveries across its extensive landholding.

Australian Unity Limited has announced a $120 million equity raising through a pro rata entitlement offer and wholesale placement, underpinning its ongoing transformation and capital management strategy. The company also reported robust FY2025 financial results, highlighting significant revenue growth and improved profitability.

My Foodie Box Limited, soon to be Tarrina Resources Limited, is pivoting from meal kits to mineral exploration by acquiring promising gold and base metal projects and raising $5 million to fund exploration.