Latest Strategic Pivot News

Antares Metals Ltd has been reinstated to ASX trading following its announcement of a proposed acquisition and capital raising, signaling a pivotal moment for the base metals miner.

Evergold Minerals has confirmed significant gold mineralisation at its Bynoe Project in the Northern Territory, shifting focus from lithium to gold. The company plans an extensive exploration campaign in 2026 to capitalise on this promising discovery.

Audeara Limited has secured its largest-ever Australian wholesale purchase order worth $560,000, driving year-to-date wholesale revenues to $1.75 million and matching full FY25 figures. The company is also expanding manufacturing into China, signaling growing international ambitions.

Melbana Energy has postponed drilling the Amistad-11 well in Cuba after joint venture partner Sonangol failed to meet payment obligations, triggering a formal Notice of Default.

Phoslock Environmental Technologies is set to resume production at its Changxing factory after a four-year halt, signaling renewed confidence in market demand and operational stability.

Enegex Limited has launched power auger drilling and trenching programs on its key permits in Côte d’Ivoire, following promising gold-in-soil anomalies and historical data. Four permit applications have also been approved, setting the stage for aircore drilling in early 2026.

Verbrec Limited has completed a transformative acquisition of Alliance Automation, significantly expanding its digital capabilities and service footprint across Australia and New Zealand.

L1 Global Long Short Fund Limited has announced a $415 million non-renounceable entitlement offer alongside a strategic shift under new management. The capital raise supports the transition to the L1 Global Long Short Strategy following a portfolio monetisation.

Hastings Technology Metals has secured shareholder approval to distribute Metal Bank shares as it divests its gold assets, marking a strategic pivot towards rare earths.

Findi Limited reported a 51% surge in revenue to $49.26 million for the half year ended 30 September 2025, driven by key acquisitions in India. However, the company posted a significant operating loss of $24.65 million amid integration costs and faces material uncertainty over its going concern status.

Delorean Corporation marks a pivotal shift to build-own-operate bioenergy projects with the completion of its $53 million Yarra Valley Water facility and strong progress on its SA1 Salisbury project, backed by $51.5 million in financing and robust market demand.

Cann Group Limited has announced a dramatic 81% reduction in core debt alongside a strategic pivot to higher-margin flower products, positioning the company for its first EBITDA-positive year in FY26.