Latest Mergers And Acquisitions News

Polymetals Resources has hit a production milestone with the start of high-grade Upper North Lode mining and first Direct Shipping Ore sales, driving a surge to $27.8 million revenue and positioning the Endeavor Mine for sustained growth.

Orpheus Uranium has secured key regulatory approvals for advanced exploration across multiple projects and raised $4.37 million, including a cornerstone investment from IsoEnergy, as it prepares for a busy 2026 drilling season.

Universal Store Holdings has announced the retirement of long-serving CEO Alice Barbery, with George Do stepping up as her successor from November 2026. Barbery will remain engaged as a Non-Executive Director and consultant, ensuring continuity amid leadership change.

ReadCloud Limited posted a record $5.2 million in quarterly cash receipts for Q2 FY26, driven by surging demand in its school-focused ReadCloudVET and eBooks divisions. The company now serves 440 schools and is on track to meet its FY26 financial targets without raising capital.

49 Metals Limited has secured $10 million through its IPO to fund a detailed exploration campaign in Nevada’s Walker Lane Trend, including an 8,000-metre drilling program at the Gold Mountain project targeting high-grade gold zones.

Prospect Resources has revealed significant new gold assay results from Nyungu Central, part of its Mumbezhi Copper Project in Zambia, confirming gold's broad presence alongside copper and cobalt. This discovery could materially improve project economics through valuable by-product credits.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

X2M Connect has secured a new Smart Community Agreement for 800 homes in Victoria’s Glanmire Park estate, adding an estimated $1.6 million revenue opportunity to its growing Australian smart community pipeline.

Hastings Technology Metals has secured a critical supply of African monazite concentrate to fuel its newly acquired hydromet plant in Thailand, aiming to start production by Q4 2026. This move positions Hastings closer to generating operational cash flow while expanding rare earths supply capacity.

Patronus Resources has consolidated 100% ownership of the Guppy-Benalla area for $250,000 cash, removing joint venture constraints and positioning itself to advance exploration near its 475koz Cardinia East gold resource. Follow-up drilling is planned after heritage surveys.

Audeara Ltd has posted its second straight quarter of positive operating cash flow, driven by a record Australian wholesale order and expanding technology licensing deals. The company’s cash balance rose to $1.05 million as it advances global market expansions.

SRJ Technologies’ subsidiary ACE has secured a multi-year contract with Divetech, part of AD Ports Group, to deliver robotic inspection services across the UAE maritime network, potentially generating up to US$1.3 million over 18 months.