Latest Strategic Pivot News

MPR Australia Limited has completed the sale of its core renewable energy business for $19 million and is now exploring options including returning capital to shareholders or acquiring a new business via backdoor listing.

Kaiser Reef Limited is set to commence a substantial drilling program at its Union Hill waste dumps within the Maldon Gold Project, aiming to unlock significant low-grade gold resources and support ongoing processing operations.

Prospect Resources has completed the sale of its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift towards its larger copper venture in Zambia.

Acrux Ltd reported a remarkable surge in licensing revenue from its topical generics portfolio alongside a strategic pivot towards innovative drug delivery R&D at its 2025 Annual General Meeting.

ECS Botanics has achieved a milestone with direct-to-consumer sales exceeding 60% of total revenue, driven by the launch of innovative sugar-free THC gummies and a strategic distribution partnership.

Golden State Mining has completed a $1.5 million placement at 0.8 cents per share, appointed Keith Middleton as Managing Director, and launched a strategic review of its gold projects in Western Australia.

EROAD Limited reported a 3.3% revenue increase and strong free cash flow in H1 FY26, driven by ANZ market expansion despite a significant North American impairment. The company is focusing on the promising electronic Road User Charges opportunity in Australasia.

Conrad Asia Energy Ltd has had its trading suspension lifted following the completion of a significant farm down of 75% of its Duyung Production Sharing Contract. This move marks a pivotal moment for the company’s asset portfolio and market presence.

Clime Investment Management has agreed to sell its retail client book for $1.65 million, marking a strategic shift to focus on its wholesale business and high-net-worth clients.

Nufarm’s FY25 results reveal robust growth in crop protection and a strategic reset in seed technologies, with a significant reduction in net debt setting the stage for a stronger FY26.

Shriro Holdings Limited has announced a $5 million off-market share buy-back at $0.81 per share, representing nearly 8% of its issued capital and approved by shareholders. The move returns excess capital following a strategic shift and may reshape the company’s growth trajectory.

Forrestania Resources has signed a binding agreement to acquire the Lake Johnston Project, including a 1.5Mtpa processing plant, supported by a $34 million capital raise. This acquisition marks a pivotal step towards near-term gold production and a strategic shift from exploration to development.