Latest Mergers And Acquisitions News

Rent.com.au Limited reported a net cash outflow of $497k in Q3 FY25 but secured a $1.7 million capital injection through a fully-underwritten entitlement issue to support ongoing operations.

Universal Biosensors reported a 28% increase in customer receipts to $1.6 million for Q1 2025, alongside improved cash flow and plans for a new product launch later this year.

Morella Corporation has made significant progress in lithium and rubidium exploration across its Western Australian projects, while securing fresh funding through a recent share placement to support ongoing drilling and resource definition.

Thunderbird Resources has launched maiden exploration programs at its newly acquired NSW gold-antimony projects, uncovering promising historical high-grade assays and expanding its tenement holdings. Concurrently, the company advances copper exploration in Peru and contemplates uranium asset transactions in Canada.

Locality Planning Energy Holdings Ltd (ASX: LPE) reports a cashflow positive nine months to March 2025, confirms no material impact from Cyclone Alfred, and announces key board appointments to support growth.

Jindalee Lithium Limited reported a solid cash position of A$3.74 million at the end of March 2025, supported by a successful equity raise and asset disposals, extending its funding runway to 4.5 quarters.

Jindalee Lithium advances its McDermitt Lithium Project in the US with a robust 63-year Pre-Feasibility Study, enhanced permitting progress, and strong US government support under the FAST-41 initiative. Strategic partnerships and funding efforts are underway to de-risk and develop this critical mineral asset.

Burley Minerals has completed maiden drilling at its Cane Bore Iron Project with assay results due soon, while securing $1 million in fresh capital to accelerate exploration in Western Australia’s Pilbara region.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.

Yari Minerals has identified 30 new lithium exploration targets in Western Australia's Pilbara region using advanced satellite imagery, while resolving a key arbitration with Impact Silver that clears the path for future projects.

Orbital Corporation Ltd reported a positive operating cash flow of $0.7 million for Q1 2025, supported by a solid order book and ongoing development of a new larger capacity engine prototype.

Opyl Limited reports strong progress in AI-driven clinical trial optimisation with active commercial initiatives, strategic partnerships, and a planned capital raise to support growth amid tight cash reserves.