Latest Strategy Changes News

Carnarvon Energy has committed up to A$89 million to acquire a near 20% stake in Strike Energy, marking a strategic pivot towards Western Australia’s burgeoning gas market while maintaining strong liquidity and advancing exploration plans.

Brazilian Critical Minerals reports exceptional pilot field trial results at its Ema rare earth project, advancing permitting and feasibility studies while attracting strong market interest.

Invictus Energy is preparing to drill the high-impact Musuma-1 exploration well outside its Mukuyu discovery area, while securing National Project Status for its Cabora Bassa Project in Zimbabwe.

Ainsworth Game Technology shareholders will vote on a scheme of arrangement for acquisition by Novomatic AG, offering $1.00 cash per share including a potential fully franked dividend. The deal, valued at a 35% premium, awaits court approval in September.

Summit Minerals appoints Dr Matthew Cobb as Managing Director and reports encouraging early metallurgical results from its Equador Niobium Project, underpinning a strategic refocus on its Brazilian exploration portfolio.

Jcurve Solutions reported a robust second half in FY25, reversing earlier losses with a 41% revenue jump and positive EBITDA, setting the stage for renewed growth ambitions.

Korvest Ltd has reported a record financial year with revenue up 16.2%, driven by major infrastructure projects, and declared a special dividend alongside plans for a significant Kilburn site upgrade.

Firetail Resources has secured options to acquire two high-grade gold projects in the USA, positioning the company for significant growth, while advancing copper exploration in Peru and Canada with strong external support.

Bod Science Limited reports a dramatic reduction in half-year losses alongside revenue growth driven by a strategic shift to THC products. The company remains under a Deed of Company Arrangement with key corporate actions pending shareholder approval.

Korvest Ltd reported a strong FY25 with revenues up 16.2% and net profit after tax rising 19.1%, supported by major infrastructure projects and operational resilience. The company declared a fully franked final dividend plus a special dividend, while advancing plans to expand its Kilburn manufacturing site.

Mount Burgess Mining NL has secured agreements to extinguish nearly $4.7 million in legacy debt, converting a small portion into equity and options, positioning the company for renewed growth.

Multistack International has announced the discontinuation of its current business operations following a significant asset sale that settled a $3.55 million loan, signaling a major strategic shift for the company.