Latest Mergers And Acquisitions News

Mach7 Technologies maintains its FY25 revenue growth guidance with strong recurring revenue gains, despite a modest shortfall in contracted annual recurring revenue. The company also advances its share buyback program, signaling confidence in its financial position.

Netwealth Group Limited has reported a record $15.8 billion in Funds Under Administration net flows for FY25, marking a 40% increase over the previous year and pushing total FUA to $112.8 billion. The company’s strong platform growth and strategic board appointment signal continued momentum.

Kinterra Capital GP Corp. II has increased its takeover offer for New World Resources Limited to A$0.062 per share, presenting shareholders with a superior all-cash proposal compared to rival Central Asia Metals Plc. The offer, backed by Kinterra’s 19.3% stake, aims for full ownership and potential delisting of NWR.

White Cliff Minerals has initiated diamond drilling at its Rae Copper Project in Nunavut, Canada, targeting a large unexplored sedimentary basin. Supported by a recent A$14.4 million capital raise and Canadian government backing, the company aims to advance its promising copper exploration.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

PPK Group has merged its two nanomaterials subsidiaries, White Graphene and BNNT Technology, aiming to streamline operations and enhance commercial efficiency in the boron nitride sector.

Black Cat Syndicate has significantly expanded its Paulsens Gold Operation tenure by acquiring three new tenements near the Big Sarah prospect, revealing extensive gold-bearing vein corridors. With high-grade historical and recent assay results, the company is poised to advance drilling plans in the coming quarter.

Sarama Resources has successfully closed the first tranche of a A$2.7 million equity placement to fund exploration at its Cosmo Gold Project and support ongoing arbitration efforts. The second tranche, involving options and director participation, awaits shareholder approval.

ikeGPS Group Limited has announced a fully underwritten A$18 million placement and a A$2 million share purchase plan to fund new product development and expand its market leadership in North America's utility software sector.

ASX Compliance has formally questioned Rewardle Holdings Limited over delayed disclosures, financial inconsistencies, and governance concerns tied to its investments in Pepper Leaf, Beanhunter, and CloudHolter.

Bryah Resources has signed a binding option to acquire the high-grade Golden Pike gold project in Canada, while appointing Greg Hill as its new CEO to steer exploration and development efforts.

Ashley Services Group reports a slight dip in FY25 EBITDA amid Victorian project delays and funding cuts, opting to suspend dividends to focus on debt reduction and future growth.