Latest Strategic Pivot News

NZX has appointed seasoned investment executive Hishaam Mirza as its new Chief Executive, aiming to boost the exchange's scale, liquidity, and international relevance.

Marquee Resources shareholders rejected key share issues tied to the Tungsten Mountain acquisition, prompting the company to scrap the deal and refocus capital on advancing and monetising its existing portfolio.

Xenitra’s Hong Kong subsidiary Fukang has inked a three-year A$5 million procurement framework for specialised medical nutrition products, broadening its foothold beyond OTC medicines in China’s booming healthcare market.

Tusker Minerals has agreed to sell its Malawian rare earth assets to AuKing Mining for up to A$4.85 million, while retaining key rutile projects and upside exposure through equity stakes.

Accent Resources NL (ASX: ACS) has responded to ASX queries following dramatic share price surges, providing comprehensive shareholder data and reaffirming its focus on advancing the Magnetite Range Project while progressing the sale of the Norseman Gold Project.

Image Resources NL’s CEO Patrick Mutz will resign at the end of August 2026, with Chair Winston Lee stepping in as Executive Chair during the leadership transition. The company continues to operate its Atlas project while exploring innovative synthetic rutile processing.

Locksley Resources has ceased active exploration at its US critical minerals projects following a technical review and a sharp drop in antimony prices, opting to maintain claims on a low-cost basis while reassessing its hydrometallurgical technology partnership.

The Calmer Co. has locked in an exclusive global distribution agreement for its kava extract ingredients, underpinning a potential A$25 million revenue stream over three years across key markets including the US and ASEAN.

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

Thrive Tribe Technologies has completed a small-scale capital raise, issuing 235 million shares at $0.001 each to bolster working capital. The lead manager, Clee Capital, will receive a fee and options subject to shareholder approval.

Galilee Energy has raised A$3.5 million to fund a sidetrack drilling program at Zydeco-1, targeting 13.7 Bcf of gas and 610,000 barrels of condensate in Louisiana, while selling its Glenaras Gas Project to sharpen focus on US growth.

Cluey Ltd is offering to buy back shares valued under $500 from small shareholders at a 10% premium before its ASX delisting, aiming to tidy up its register and ease the transition off the exchange.