Latest Mergers And Acquisitions News

Carnaby Resources has ramped up exploration at its Greater Duchess Copper Gold Project with a new drilling campaign at Trekelano and robust assay results across multiple prospects, backed by a strong cash position following a $4.2 million capital raise.

Tesoro Gold’s latest drilling at the El Zorro Project reveals significant high-grade gold beyond existing resource boundaries, while a fresh A$11.1 million capital raise sets the stage for accelerated development and exploration.

New Murchison Gold Limited has confirmed ultra-high-grade gold mineralisation at unprecedented depths below its Crown Prince open pit project, signalling strong underground potential. The latest diamond drilling results include a staggering 0.28m at 17,240 g/t gold, reshaping the project's future development outlook.

Native Mineral Resources Holdings Limited reported a $3.2 million net cash outflow from operations in Q1 2025 but strengthened its balance sheet with a $4.52 million capital raising post-quarter.

Culpeo Minerals reports promising copper-gold-silver results at Vista Montana and secures a strategic option to acquire the Jupiter Copper Project in Chile, while preparing maiden drilling programs across key assets.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

Pureprofile Limited reported a robust 16% revenue increase in Q3 FY25, driven by strong international expansion and new AI-powered solutions, while reaffirming its FY25 financial guidance.

Westgold Resources reported robust Q3 FY25 exploration results, drilling 83km and investing $11 million across its Murchison and Southern Goldfields portfolios, highlighting high-grade gold intercepts and advancing the Fortnum Expansion Project.

Pureprofile Limited has reported a robust Q3 FY25 with revenue up 16% and EBITDA up 16% year-on-year, driving a 20% increase in year-to-date revenue and a 35% jump in EBITDA. The company’s international expansion and new AI-driven solutions underpin its confident outlook for FY25.

Capricorn Metals delivered a strong March quarter with rising gold output at Karlawinda, record operational cash flow, and significant progress on Mt Gibson development. The company also closed its gold hedging contracts, increasing exposure to gold price gains.

Weebit Nano has marked a pivotal quarter by achieving automotive-grade AEC-Q100 qualification for its ReRAM technology, advancing integration with semiconductor giant onsemi, and securing a robust cash position to fuel growth.

Loyal Lithium bolsters its North American lithium portfolio with significant exploration advances at Trieste and strategic board appointments, positioning itself strongly for the electric future.