Latest Mergers And Acquisitions News

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

SQX Resources has validated and surpassed historical gold grades at its Red Bird Project in Arizona, with assays reaching 49.2 g/t Au. A maiden drilling campaign is planned for January 2026 to explore this promising gold system further.

Somerset Minerals has reported robust assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation at Jura North with promising depth potential. The latest drilling reinforces the project's scale and resource upside.

Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.

Legend Mining has secured key exploration licences and rights adjacent to its Pinnacle Well Project, significantly enlarging its footprint near Leonora, WA. These acquisitions enhance the project's gold prospectivity and set the stage for upcoming exploration activities.

Medibank is set to acquire Better Medical, a network of 61 GP clinics across four states, for approximately $159 million, enhancing its primary care footprint and preventive health initiatives.

Kore Potash has initiated a formal sale process as it seeks a strategic partner with potash mining expertise for its Kola Project, while also reviewing funding options to support project construction.

DroneShield has triggered the vesting of 44.5 million performance options after surpassing $200 million in cash receipts, setting ambitious new revenue hurdles up to $500 million to drive future growth and shareholder alignment.

Mayne Pharma updates shareholders on the extended Foreign Investment Review Board approval deadline and the rescheduled court hearing for its acquisition scheme by Cosette Australia BidCo.

Lithium Universe Limited has successfully raised $2.46 million through the first tranche of a share placement, fueling its ambitions to build a green lithium refinery in Canada and advance innovative solar panel recycling technologies.

Forrestania Resources has completed its acquisition of North Iron Cap Pty Ltd, adding a JORC-compliant gold resource of over 100,000 ounces to its portfolio. The move strengthens its position in Western Australia’s prolific gold mining regions.

Elixir Energy has received a $3.861 million R&D tax refund, providing crucial funding for its upcoming Taroom Trough appraisal drilling and production testing programs.