Latest Strategy Changes News

Vita Resources has completed a $100,000 capital raise via a placement featuring a novel partly paid share class designed specifically for mining companies. This new share structure defers calls until at least 2030, offering investors flexibility and the company a unique capital management tool.

Westpac Banking Corporation reports steady lending and deposit growth alongside stable margins despite geopolitical headwinds, while transaction costs from its RAMS mortgage portfolio sale weigh on first-half profits.

Cleanaway has trimmed its FY26 EBIT forecast to $460-$480 million, citing a $20 million hit from rising fuel and logistics costs linked to the Middle East war. The company leans on contractual fuel cost pass-throughs and strategic supply deals to cushion the blow.

Green Cross Health (NZX: GXH) has acknowledged discussions with third parties about a possible sale of its Medical division but emphasised that no transaction is guaranteed. The company remains committed to updating shareholders as the situation develops.

Mindax Limited pushes forward its vision for a Mid-West iron ore processing hub with metallurgical testing and strategic investments, while managing a cash runway under one quarter and preparing further capital raises.

European Resources Limited (ASX: ERE) has repriced and relaunched a renounceable rights issue to raise up to $3.4 million, partially underwritten by Mahe Capital for $1.5 million, to fund metallurgical and exploration work at its Korsnäs rare earth project in Finland and Slovakian tenements.

TZ Limited has raised $810,000 through a placement of 16.2 million shares at 5 cents each, with one free attaching option per share subject to shareholder approval.

NT Minerals targets ASX reinstatement by acquiring the Endeavour Project via Slipstream Paynes Find, backed by a $810,000 entitlement offer and a planned share consolidation.

Central Petroleum has secured a binding gas sales agreement with the Northern Territory Government, underpinning two new Palm Valley wells that could lift production capacity by around 40%. The deal replaces a prior arrangement and is supported by an expanded loan facility.

Clara Resources has appointed Duncan Gordon as Executive Director, signalling a strategic pivot to accelerate exploration at its Mareeba Gold Project in North Queensland. Former Managing Director Peter Westerhuis steps down but remains as a consultant.

ClearVue Technologies slashed its quarterly cash burn by 52.7%, trimming $6.9 million in annual costs, as it pushes forward with multiple international solar projects and key product certifications.

EV Resources (ASX: EVR) pushes forward its Mexico Antimony Hub with 11 diamond drill holes completed at Los Lirios, a new near-surface vein discovered, and Tecomatlán plant refurbishment progressing toward a 2H 2026 start.