Latest Mergers And Acquisitions News

Southern Cross Electrical Engineering reports a statutory loss of $12.8 million for H1 2025, impacted by WestConnex dispute costs, yet declares a fully franked interim dividend of 2.5 cents per share.

BCAL Diagnostics reported a slight revenue decline and a persistent net loss in its half-year results, with auditors flagging concerns over its ability to continue without additional funding.

Austral Gold has raised A$8.456 million through a strategic placement aimed at accelerating exploration and expanding processing capacity in its key South American assets.

Empire Resources has successfully raised nearly $2.9 million through the first tranche of its planned $5 million placement, with a second tranche pending shareholder approval in March.

The Takeovers Panel has intervened to adjourn Humm Group's shareholder meeting amid ongoing disputes, extending the timeline for key decisions.

Energy Action Limited reported a 20.1% increase in revenue to $6.39 million for the half-year ended December 2025, driven by strong energy procurement growth. However, statutory profit after tax fell 35.7% to $593,881 amid rising expenses and amortisation.

Morphic Ethical Equities Fund Limited reported a half-year profit after tax of $1.26 million for December 2025, declaring a fully franked 1 cent dividend and continuing its share buy-back program.

BPH Energy Ltd reported a half-year net loss of $925,691, weighed down by investment write-downs and associate losses, while raising $1.2 million to fund exploration and development. The company’s future hinges on a Federal Court review of a critical offshore permit held by investee Advent Energy.

King River Resources has secured an exclusive option to acquire the Mindoolah Gold Project in Western Australia, boasting historic high-grade gold production and significant unmined mineralisation. The company plans an aggressive 2026 exploration campaign to unlock the project's substantial potential.

Elementos Limited has raised $29.5 million through a strategic placement to L1 Capital, strengthening its financial position as it pushes forward with key tin projects in Spain and Tasmania.

Pureprofile Limited has agreed to acquire CRNRSTONE, an established Australian qualitative research firm, for $700,000 in cash, enhancing its market research capabilities and expected to be earnings accretive from year one.

Select Harvests Limited has reported a strong FY2025 financial performance with a net profit after tax of $31.8 million and a significant reduction in net debt. The company plans to resume dividend payments in 2026 amid favourable almond market conditions.