Latest Mergers And Acquisitions News

TZ Limited has turned down a non-binding offer from Quadient SA for its US Smart Locker subsidiary, Telezygology Inc., citing undervaluation and strategic importance of its Data Centre Security division. The company is now initiating a strategic review to explore future options for the business.

Beetaloo Energy Australia Limited reported a robust cash position and secured new financing facilities to support ongoing development at its Carpentaria project. Despite significant exploration outflows, the company maintains sufficient liquidity to advance operations.

Nordic Resources has raised A$8.5 million in a strongly supported institutional placement to fund expanded exploration and development of its Finnish gold projects, with key assay results imminent.

Beetaloo Energy has completed the largest hydraulic fracture stimulation in Australian history at its Carpentaria-5H well, advancing its pilot project and gas plant construction amid pending regulatory approvals.

Sunshine Metals has completed a pivotal diamond drilling program at its Sybil gold project, revealing multiple high-grade gold intersections that bolster the prospect’s potential. The latest results highlight the presence of rich gold shoots within the A Vein and introduce a newly identified Splay Vein structure.

Stellar Resources advances its Heemskirk Tin Project with expanded drilling revealing high-grade tin zones and ore sorting trials confirming cost-saving potential. Strategic MOUs and a strong cash position underpin the company’s push towards becoming a top global tin producer.

Cettire reports a 3% dip in sales revenue for Q1 FY26 but posts a $10 million quarterly EBITDA improvement, driven by strong growth outside the US. The luxury e-commerce platform is navigating a challenging market with a focus on profitability and geographic diversification.

Codan Limited reported a strong FY25 with significant revenue and profit growth, bolstered by a key U.S. acquisition and a robust outlook for FY26 driven by defense spending and gold market strength.

SSH Group has landed a $2.53 million strategic placement from Hong Kong Xinhai Mining Services, marking a pivotal step in its evolution into a vertically integrated mining powerhouse.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

Broken Hill Mines has raised $38.5 million through a strongly supported placement to accelerate exploration and development at its Rasp and Pinnacles mines, aiming to boost production and capitalise on high silver prices.

Service Stream has delivered a robust FY25 performance with revenue growth, record profits, and a landmark $1.6 billion Defence contract, setting the stage for continued expansion.