Latest Mergers And Acquisitions News

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

Native Mineral Resources (ASX:NMR) has raised A$3.5 million through a convertible note with existing investor Lind Global Fund III LP, aiming to reduce debt and support operational cash flow.

BPH Global’s Indonesian unit has locked in a four-year MoU with ITBM to integrate student-driven operations and research at its Takalar coastal seaweed site, setting the stage for scaled commercial development and local collaboration.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

CuFe’s expanded scoping study for its Orlando copper-gold project integrates underground mining and new bismuth and silver revenue streams, lifting project NPV to A$908 million at spot prices and shortening payback to 10 months.

Catalina Resources has extended the mineralised strike at its Breakaway Dam Copper Project in WA to approximately 1.2 kilometres, delivering copper intercepts up to 2.17% Cu from recent drilling that confirms a structurally complex, copper-rich VMS system.

Mt Malcolm Mines NL has revised its rights issue, lowering the price to $0.007 per share and adjusting the offer ratio to raise $1.81 million. The funds will support a processing plant feasibility study and advance exploration at its Leonora projects.

Kingsrose Mining has appointed Andrew Caruso as its new CEO, bringing over three decades of mining leadership experience to drive its Scandinavian projects and acquisition strategy. His remuneration package includes a base salary of CND$400,000 plus performance-linked incentives tied to share price milestones.

Perpetual Limited is sharpening its focus on asset management and corporate trust following the binding agreement to sell its Wealth Management arm to Bain Capital for $500 million upfront, aiming to strengthen its balance sheet and simplify operations.

Careteq Limited has cleared $125,000 in director and company secretary loans a month ahead of schedule, using proceeds from a recent $2.2 million capital raising. This move strengthens the healthtech firm’s balance sheet and removes related-party debt ahead of maturity.

Austral Resources has kicked off its 2026 drilling campaign with a standout 10m intercept grading 7.52% copper at the Snow Queen Prospect near its Rocklands facility, underpinning its strategy to build regional scale through satellite deposits.