Latest Mergers And Acquisitions News

Resolution Minerals has reported its strongest gold grades to date at Golden Gate South, including 1 metre at 14.8 g/t gold, while extending the identified mineralised zone to approximately 600 metres. The results point to possible higher-grade feeder zones, but true widths and the broader continuity of the system remain unconfirmed.

Dataworks has secured firm commitments for a A$3.0 million placement and will seek up to a further A$1.24 million from shareholders to fund debt repayment, government contract mobilisation and commercial expansion. The raise gives the company more capital to pursue growth, but at a discount that will increase the share count and potentially add substantial option dilution.

Argent Minerals has intersected visible gold in two apparently unmined quartz veins beneath historic workings during the second hole of its maiden Trunkey Creek drilling program. The encouraging visual result remains unquantified until photon assay results establish the grades and true widths.

Franklin Templeton Australia is reshaping the FRGG Active ETF, replacing its concentrated global growth strategy with Putnam’s broader core equity approach and cutting management fees by one-third. The fund is expected to adopt the ticker FTPG in October, subject to approval, but the transition may bring tax and distribution consequences for investors.

Manhattan Gold has secured commitments for an A$4.5 million placement to fund more than 4,000 metres of drilling and related exploration at its Hook Lake project in Nunavut. The full raising remains partly conditional, with A$1.14 million requiring shareholder approval in November.

Scalare Partners has swung to positive EBITDA as acquisitions of Tank Stream Labs and Planet Startup lifted FY26 total income 411% to $17.9 million. The startup investor remains loss-making after sharply higher depreciation, amortisation and financing costs, while its portfolio reached $12.5 million across 25 companies.

Cycliq has secured firm commitments for a $1.5 million placement priced at a steep discount, giving the cycling technology company cash for inventory, AI development and other priorities. The raise also comes with a substantial package of options and further dilution subject to shareholder approval.

Trek Metals has secured a nine-month option to acquire the 154-claim Matrix Manganese Project in Arizona for a total potential cash consideration of A$200,000. The deal offers a low-cost route into a US critical-minerals opportunity, but carries a significant related-party consideration because CEO Derek Marshall owns about 66.67% of the vendor.

Latrobe Magnesium is shifting its growth priority to a proposed 50 ktpa magnesium plant in South Carolina, backed by 32 ktpa of non-binding customer interest and a 20-year feedstock agreement. The project carries substantial indicative economics, but still needs funding, site acquisition, feasibility work, permits and binding offtake contracts.

Aureka Resources has reported high-grade gold mineralisation beyond the current inferred resource at its Irvine project in Victoria, including a 4.74g/t intercept at depth and the first significant results from a 2km gap between established lodes. The results expand the exploration story, but remain early-stage drilling data with further assays pending.

AuKing Mining has approved planning for an approximately 1,000-metre diamond hole at its Tundulu Rare Earths Project in Malawi. The hole will test the depth of the carbonatite system at Nathace Hill after strong initial RC results and two deep diamond intersections.

Sarytogan Graphite has intersected 318 metres of copper mineralisation from surface at its Ilksan prospect in central Kazakhstan, including a higher-grade 15.2-metre zone grading 0.40% copper. The result extends the system identified in an earlier hole, with assays from a deeper 452-metre hole due in the coming weeks.