Latest Mergers And Acquisitions News

Provaris Energy has successfully raised $1.325 million through an oversubscribed placement, aiming to advance its 2026 development milestones in hydrogen and carbon dioxide storage technologies.

Little Green Pharma Ltd (ASX: LGP) has proposed a full acquisition of Cannatrek Ltd via a scheme of arrangement, creating a vertically integrated medicinal cannabis group with pro forma FY26 revenues exceeding AUD 100 million. The scheme, supported by an independent expert, offers liquidity and strategic growth opportunities amid regulatory and market risks.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.

Ovanti Limited has terminated its SPAC transaction with Miluna Acquisition Corp, shifting focus to alternative NASDAQ listing opportunities better aligned with its U.S. expansion strategy. The company is strengthening leadership and accelerating its U.S. growth plans.

Rimfire Pacific Mining’s latest drilling confirms significant scandium mineralisation at the Malamute Prospect within the Rabbit Trap Project, underpinning a strategic acquisition decision.

Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.

Identitii Limited has closed its recent rights issue, raising $379,336 before costs but falling short by $2.5 million after the termination of its underwriting agreement. The company plans to issue new shares and place the remaining shortfall to fund growth initiatives for its BNDRY platform.

Ore Resources has initiated a 1,000-metre diamond drilling program at its Forrest prospect, aiming to deepen geological insights and expand gold resources within its Coolgardie Gold Project. This follows a successful reverse circulation drilling phase and sets the stage for a comprehensive 30,000-metre exploration campaign across 2026.

Advance Metals has reported significant broad, high-grade silver and gold intersections at its Yoquivo Project in Mexico, setting the stage for a major resource upgrade and a potential shift to scalable mining methods.

Battery Age Minerals has confirmed significant high-grade gold and silver mineralisation along a 2.7 km strike at its El Aguila Project in Argentina, with follow-up drilling planned to test depth and extensions.

Ragusa Minerals’ recent site visit to its Purple Pansy Project in Arizona confirms promising high-grade manganese oxide mineralisation, setting the stage for accelerated exploration activities.

Diablo Resources has significantly increased its Star Range Silver-Antimony Project footprint in Utah by acquiring an additional 646.5 acres adjacent to the South Star Prospect, enhancing geological continuity and exploration potential.