Latest Strategy News

Eureka Group Holdings (ASX: EGH) expects FY26 underlying EBITDA to meet or exceed $21.1 million, driven by seniors’ occupancy above 97% and rent growth exceeding 6%. Capital recycling and a robust acquisition pipeline support growth.

Kalamazoo Resources reports robust high-grade drilling results from its Mt Olympus Resource Definition Program, reinforcing resource continuity and growth potential at the Ashburton Gold Project.

Culpeo Minerals has reported standout copper and gold assays from rock chip sampling at its Fortuna Project in Chile, highlighting potential new target zones at La Florida and El Quillay prospects.

Strata Investment Holdings has dismissed a cash acquisition proposal from Freedom BidCo, citing undervaluation, even as it raises A$8 million to fund strategic investments and litigation.

Redcastle Resources has reported strong assay results from its ongoing drilling at Redcastle Reef and Queen Alexandra, underpinning its active mining and staged development plans in Western Australia's Eastern Goldfields.

PMET Resources has identified a promising pathway to refine spodumene concentrate into battery-grade lithium carbonate directly at its Shaakichiuwaanaan site in Quebec, using Primero’s ALi® atmospheric leach process. Bench-scale tests produced 99.8% pure lithium carbonate, suggesting potential logistics and carbon footprint advantages.

Strickland Metals has reported a significant leap in gold recovery rates at its Gradina Deposit, achieving an average 94.3% recovery and higher gold concentrate grades, marking a key milestone ahead of its Rogozna Project Pre-Feasibility Study.

Norwood Systems has extended its voicemail services contract with a major Tier 1 telecommunications operator through to mid-2028, expected to generate approximately A$1.5 million in revenue over the term.

AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.

Theta Gold Mines has issued US$90 million in senior secured bonds, securing crucial funding held in escrow to progress its TGME Gold Project in South Africa, aiming for first gold production in early 2027.

Tesoro Gold’s latest infill drilling at the Ternera deposit confirms strong continuity and grade, setting the stage for a maiden Ore Reserve. The company now pivots to a 12,000m discovery campaign along its extensive El Zorro gold corridor in Chile.

Diamond Infraco has increased its takeover bid for Atlas Arteria to A$5.10 per security, marking a 17.78% premium over pre-offer prices and declaring the offer unconditional except for prescribed occurrences. The bidder urges securityholders to accept or sell on-market before the June 25 deadline.