Latest Strategy Changes News

Leo Lithium announces it will return remaining funds from the Goulamina sale to shareholders and delist from the ASX on 22 September 2025, following a strategic review and lack of suitable acquisitions.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Centrex Limited and its subsidiary Agriflex have completed their deed of company arrangement, ending external administration and transferring ownership to PRL Global Limited.

Kingsgate Consolidated reports a strong FY25 at its Chatree Gold Mine with 75,000 ounces produced and sets ambitious FY26 targets, while advancing its Chilean project.

Syrah Technologies has secured a US$11.7 million cash payment from the US government under the Inflation Reduction Act, marking a significant financial boost for its Vidalia Active Anode Material facility.

Aspire Mining has extinguished legacy contract rights over its Ovoot and Nuurstei projects, regaining full marketing control and improving its cost structure and funding flexibility.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Scout Security has completed the first tranche of a $600,000 capital raise amid its ASX trading suspension, aiming to settle debts and progress towards relisting.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Zenith Minerals reports compelling gold assay results from its 2025 drilling campaign at Queensland’s Red Mountain Project, revealing broad mineralised zones with high-grade intervals and confirming the project’s potential as a significant intrusion-related gold system.

AXP Energy has commenced drilling operations on its Charlie #1 Well in Oklahoma, backed by a recent A$2.7 million capital raise. The project targets multiple stacked pay zones and aims to expand gas-to-power and bitcoin mining ventures.

LDR Assets Pty Ltd has initiated an off-market takeover bid for all stapled securities in the Elanor Commercial Property Fund (ECF), offering $0.70 cash per security, representing a premium over recent trading prices and net tangible asset backing. The offer opens on 11 September 2025 and is set to close on 13 October 2025.