Latest Mergers And Acquisitions News

Lotus Resources has locked in US$38.5 million in financing to support the restart and ramp-up of its Kayelekera uranium project in Malawi, targeting positive cash flow by Q3 2025.

CGN Resources has identified 11 new copper, gold, and niobium targets at its Webb project and expanded its land holdings in the Leonora gold district, setting the stage for a busy 2025 drilling campaign.

Butn Limited has posted record quarterly revenue and platform originations for Q2 FY25, alongside sustained positive operating cash flow, signaling robust growth and strategic expansion into crypto-backed lending.

Butn Limited reported a modest net cash increase from operating activities in the December 2024 quarter, ending with a strong cash balance of $16.8 million. The fintech company’s latest cash flow report reveals ongoing investment and notable payments to related parties.

DeSoto Resources has uncovered significant rare earth element mineralisation more than 6km south of its Quantum REE deposit, indicating a potentially world-class REE-Au system. The company is set to launch an extensive 10,000m drilling program in 2025 to further delineate this promising discovery.

Platina Resources reports promising gold mineralisation at its Challa Gold Project and secures a government grant to fund deep drilling at Xanadu, maintaining a strong cash position of $12.3 million.

Telix Pharmaceuticals has finalized its acquisition of RLS (USA) Inc., significantly expanding its radiopharmaceutical footprint across the United States with a network of over 30 radiopharmacies.

Complii FinTech Solutions Ltd reports a robust Q2 FY25 with a $3.048 million cash balance, a net operational cash inflow, and a 12.9% year-on-year increase in Annual Recurring Revenue, driven by strategic divestment and focused growth initiatives.

Thor Energy PLC advances its clean energy ambitions through a strategic acquisition in South Australia's hydrogen sector and promising uranium drilling results in the US.

Battery Age Minerals has reported its best lithium drilling results to date at the Falcon Lake Lithium Project in Ontario, with thick, high-grade spodumene intercepts signaling significant growth potential.

Zelira Therapeutics has received a fourth funding tranche, bringing total investment to US$3.25 million to support FDA clinical trials of its HOPE® 1 cannabinoid medicine targeting irritability in autism spectrum disorder and Phelan-McDermid Syndrome.

Westar Resources reports exceptional gold and silver assay results from its Mindoolah Mining Centre, setting the stage for imminent drilling programs in early 2025. The company maintains a strong cash position while strategically focusing on high-potential projects.