Latest Mergers And Acquisitions News

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

Finder Energy has partnered with global energy giant SLB to fast-track the engineering phase of the Kuda Tasi and Jahal oil fields, potentially bringing forward first oil by a year. This strategic alliance promises cost savings and a streamlined path to project execution.

Betr Entertainment has reaffirmed its superior $1.33 per share acquisition proposal for PointsBet, challenging the rival MIXI offer ahead of a crucial shareholder vote. With strong funding and synergy claims, Betr signals confidence that MIXI’s $1.20 bid will be rejected.

Xanadu Ltd’s major shareholder Zijin Mining has accepted Bastion Pte. Mining Ltd’s takeover offer, pushing Bastion’s stake close to 30% and prompting the Takeover Committee to recommend shareholders accept the bid.

Aurum Resources reports significant shallow, wide gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, reinforcing its 2025 drilling campaign and resource expansion ambitions.

BetMakers Technology Group has launched a $1 million Share Purchase Plan (SPP) at $0.10 per share, offering eligible shareholders in Australia and New Zealand a chance to increase holdings at a discount following a $12.5 million institutional placement.

Dubber Corporation has initiated court proceedings against its former auditors following a $26.6 million misappropriation uncovered in FY24, aiming to restore financial stability by year-end.

Clean Seas Seafood updates shareholders on a lower scrip alternative ratio following Yumbah Aquaculture’s significant asset impairments, while the scheme meeting is postponed to early July.

FBR Limited has entered a non-binding MOU with Habitat NT for the sale of a Hadrian X robotic block-laying unit, aiming to accelerate construction in Darwin amid a housing shortage and infrastructure upgrades.

Investigator Resources has secured $4.3 million through a share placement to fund expanded drilling programs and advance its Paris Silver Project DFS in South Australia.

D3 Energy has acquired two promising exploration permits in South Australia’s Arckaringa Basin, marking a strategic move to diversify its helium and hydrogen portfolio alongside its South African assets.

Micro-X has successfully met key development milestones worth $2.3 million across contracts with ARPA-H, Billion Prima, and the US Department of Homeland Security, marking steady progress in its innovative medical and security imaging technologies.