Latest Strategy Changes News

Latitude 66 has agreed to sell its 17.5% interest in the Greater Duchess Joint Venture for an upfront A$2 million, with potential for further contingent payments, while progressing exploration in Australia and Finland amid regulatory challenges.

Latitude 66 Ltd reported a significant quarterly cash outflow but has secured a $750,000 short-term loan linked to the pending sale of its Greater Duchess JV interest, aiming to sustain its exploration activities.

Western Yilgarn NL has significantly expanded its bauxite portfolio with the acquisition of the Cardea projects, lifting its total JORC bauxite resources to 188 million tonnes, while also securing a promising new gold project in Western Australia’s Gascoyne region.

Range International Limited reported a robust Q2 2025 with revenue surging 75% year-over-year and strong operational momentum despite supply challenges. The company’s strategic moves in Indonesia and the Philippines, alongside a favorable tax court ruling, set the stage for an ambitious growth trajectory.

Manhattan Corporation reports progress on its planned acquisition of the Hook Lake Project in Nunavut alongside promising high-grade gold drilling results at Tibooburra and ongoing lithium exploration in Nova Scotia.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Mont Royal Resources reported a net cash outflow in Q2 2025 driven by one-off merger expenses, while outlining plans for a capital raising to support ongoing operations.

Mont Royal Resources is progressing its merger with Commerce Resources to create a dual-listed Canadian critical metals developer, combining rare earth and lithium assets in Quebec.

Openn Negotiation Ltd has reported a remarkable financial turnaround in its half-year results to December 2024, shifting from a significant loss to a modest profit while divesting key subsidiaries.

Openn Negotiation Limited reported a $245k net cash outflow from operations in Q1 2025, offset partially by $211k in financing activities, leaving the company with just $6k in cash. The company depends on interest-free loans from its major shareholder to sustain operations amid limited liquidity.

Australis Oil & Gas reported a dip in Q2 sales volumes and revenue due to operational challenges but maintained positive cash flow and reduced debt. The company is actively seeking a funding partner to unlock the potential of its Tuscaloosa Marine Shale assets.

Zimi Limited has completed production of its Smoke Connect safety range, progressed Matter Connect certification, and moved Senoa manufacturing to a new facility, while engaging investors for a capital raise.