Latest Strategy Changes News

Desert Metals Limited has completed the second tranche of its placement, raising a total of $1.25 million through new shares and options issued to investors and its lead manager.

Gold Mountain Limited has delivered a transformational quarter, confirming significant rare earth and lithium mineralisation in Brazil and securing $3.57 million in fresh capital to advance exploration.

Global Lithium Resources has released a strong Definitive Feasibility Study for its Manna Lithium Project, confirming its economic resilience, while also initiating an IPO to spin out its Marble Bar gold assets.

Strata Minerals has secured full ownership of the Zelica Gold Project in WA’s Eastern Goldfields, launched maiden drilling targeting high-grade gold, and expanded the project footprint through a strategic acquisition, supported by a $1.1 million capital raise.

International Equities Corporation Ltd reported a sharp 40% revenue decline and increased losses for the December 2025 quarter, driven by economic pressures and weak tourism. The company has ceased operations at Seasons Heritage Melbourne as lease challenges mount.

Prestal Holdings reports a significant 26.4% decline in revenue and a sharp fall in EBITDA for the first half of FY26, reflecting ongoing market challenges. Despite the downturn, the company maintains a strong cash position heading into the new year.

Codrus Minerals reports encouraging initial diamond drilling results at its Bull Run Gold Project in Oregon, while progressing uranium exploration in Canada and executing a significant asset sale in Western Australia.

Ioneer Ltd has reported a significant uplift in the economics of its Rhyolite Ridge lithium-boron project, alongside ongoing strategic partnership talks and strong market demand for lithium and boric acid.

Assetora Limited has announced a $4 million pro-rata rights issue priced at $0.16 per share, with half the offer underwritten by existing shareholders to strengthen its balance sheet and repay debt.

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Echo IQ has completed clinical validation of its EchoSolv HF heart failure detection software with the Mayo Clinic Platform, achieving outstanding accuracy. The company has now formally submitted its FDA 510(k) clearance application, positioning itself for significant commercial expansion in the US healthcare market.

Multistack International Limited reported a net operating cash outflow of A$196,577 for the December quarter but maintains a solid cash buffer as it pursues the sale of its Australian subsidiary.