Latest Strategic Pivot News

Elixinol Wellness maintained steady revenue at $3.5 million in Q1 FY26 while boosting gross margins to 45% and reporting a second consecutive quarter of positive underlying operating cash flow.

Australian Silica Quartz Group (ASQ) is set to acquire Australian Kaolin, adding a 47Mt inferred kaolin resource at White Swan and launching a $750,000 placement to fund development. The deal hinges on shareholder approval and an Independent Expert’s fairness opinion.

Riedel Resources has secured majority control of two large gold projects in Western Australia’s Laverton district, transforming into a multi-jurisdictional explorer with a strong cash position to fund upcoming drilling campaigns.

QuickFee reported a 9% normalised revenue decline in Q3 FY26, driven by US finance weakness post-US Pay Now sale, while Australian legal disbursement funding surged, underpinning confidence in FY26 earnings guidance.

Great Dirt Resources bolstered its leadership with key industry veterans, secured $1.446 million in funding, and reported promising lithium anomalies at its Pilbara Project, all while renewing its NSW manganese exploration licence.

Mitchell Services Limited (ASX: MSV) reported a 110% jump in quarterly EBITDA for Q3 FY26, driven by improved weather and stable operations, alongside a solid balance sheet with net debt under $1 million post-dividend.

Agrimin Limited is sharpening its focus on the West Arunta region's critical minerals potential as it steps back from the Mackay Potash Project, executing tenement surrenders and cost controls amid a $1.3 million cash position.

Energy World Corporation is accelerating development of its Pagbilao LNG terminal while launching a strategic review focused on monetising Siemens turbines amid evolving power market dynamics and strong U.S. demand.

Kinetiko Energy is advancing a staged development strategy to unlock its 6 trillion cubic feet gas resource in South Africa, targeting first revenues within 18 months through a capital-efficient, risk-managed approach.

Renegade Exploration has divested its 22% interest in the Carpentaria Joint Venture to True North Copper for $2.88 million, opting for a mix of cash, shares, and performance rights to maintain exposure to the project’s upside while refocusing on North American assets.

Moho Resources has finalised the sale of its Silver Swan North Project, receiving an initial $500,000 payment and securing future milestone and royalty income. The deal strengthens Moho’s balance sheet as it intensifies exploration at its Bush Chook Gold Project in Western Australia.

Elanor Investors Group has finalised a $125 million recapitalisation with Rockworth Capital Partners, restructuring its debt and setting the stage for expansion in Asia. The move repaid existing facilities and bolstered working capital, while a Singapore acquisition awaits regulatory green light.