Latest Mergers And Acquisitions News

Savannah Goldfields has successfully completed a $2.69 million capital raise through a placement and institutional entitlement offer, setting the stage for a retail offer and a broader $14 million funding program to restart gold mining operations.

DigitalX Limited has completed the placement of all shortfall shares from its recent rights issue, raising a total of approximately $5.09 million and attracting new supportive shareholders. The company is deploying these funds to expand revenue-generating staking activities within the digital asset space.

BlueBet Holdings Ltd has announced the acquisition of TopSport, a strategic move expected to boost its market share and profitability. The deal is supported by a $15 million equity raising to fund the upfront payment and growth initiatives.

BlueBet has announced a strategic acquisition of TopSport, supported by a $15 million equity raise, aiming to boost market share and deliver significant earnings accretion by FY26.

Dreadnought Resources has raised $4.1 million to advance its Mangaroon Gold Project, including a strategic partnership with Black Cat Syndicate. The funding underpins a self-funded exploration strategy targeting high-grade gold production in Western Australia.

Thor Energy plc has appointed Andrew Hume as Managing Director, bringing a seasoned energy executive to spearhead its expansion into natural hydrogen exploration.

InFocus Group Holdings has completed its acquisition of Bangkok-based Prodigy9, enhancing its software engineering and data analytics capabilities while aiming for rapid cash flow generation.

Blackstone Minerals Limited has requested an immediate voluntary suspension of its shares as it finalises a proposed merger, signaling a significant strategic shift for the mining company.

Brookfield Capital Partners has submitted a non-binding proposal to acquire Insignia Financial at A$4.60 per share, matching rival offers and setting the stage for a competitive bidding process.

Maggie Beer Holdings reports a sales increase for 1H FY25 but faces declining EBITDA, prompting a strategic overhaul focused on cost reduction and operational streamlining.

Cosmos Exploration has raised A$1.25 million through an oversubscribed placement to support its strategic option agreement to acquire EAU Lithium, positioning itself deeper in Bolivia’s lithium-rich Triangle.

Centuria Office REIT reported solid HY25 results, delivering $34.7 million in Funds From Operations and maintaining strong portfolio occupancy. The REIT is actively transforming office space into data infrastructure, positioning itself for future growth amid a challenging office market.