Latest Divestments News

RooLife Group (ASX, RLG) reported a strategic pivot in Q1 FY2026, landing major supply contracts worth $174 million and raising $2 million to fuel its own-brand product expansion.

Pilot Energy has made significant strides in its offshore Perth Basin exploration with environmental approval for a major seismic survey and secured substantial financing to support its ongoing projects and transition to clean energy.

Altamin Limited has advanced its geothermal lithium ambitions with a significant A$3.62 million grant from the Italian government, alongside strategic board changes and a $4.39 million capital raise.

Sultan Resources has secured $1.1 million through a placement to fund the acquisition of three promising gold and critical minerals projects in Namibia and Western Australia, marking a significant step in its strategic expansion.

CL8 Holdings has finalized proceeds from its Carly Car Subscription sale, slashed expenses, and is actively pursuing new business opportunities despite a lean cash position.

Triton Minerals progresses the sale of its Mozambique graphite assets despite ongoing legal challenges, while initiating exploration at its promising Aucu Gold-Copper Project.

Golden Mile Resources reports standout assay results from its Pearl Copper Project in Arizona and Leonora Gold JV in Western Australia, alongside a successful $490,000 capital raise to fund ongoing exploration.

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.

Clime Investment Management has bolstered its balance sheet with a $2.3 million placement and launched a strategic product review amid evolving market dynamics and industry consolidation.

McPherson’s Limited updates shareholders on its ongoing transformation journey, reporting modest core brand growth in FY25 and outlining a strategic outlook for FY26 focused on sustainable expansion and operational efficiency.

Mayfield Childcare Limited reported a 5% revenue increase and a 14% rise in underlying EBITDA for Q3 FY25, alongside a $2.4 million debt reduction and an extended borrowing facility. The company also ended a planned divestment and announced a new community partnership.

Lode Resources reports robust high-grade antimony and silver drill results from its Montezuma and Magwood projects, alongside a strategic divestment of its Webbs Consol silver project to Rapid Critical Metals, strengthening its financial position.