Latest Mergers And Acquisitions News

Botala Energy has completed its A$1.35 million placement and is seeking up to a further A$1.5 million from existing shareholders at A$0.045 a share. The funds are earmarked for flow testing and production activities at the Pitse Pilot, exploration drilling and working capital.

Propel Funeral Partners says its acquisition engine remains funded after resilient first-quarter trading offset a temporary contraction in industry death volumes. Revenue and Operating EBITDA were each broadly flat year on year, while constant-currency growth was approximately 3%.

Litchfield Minerals has made a potential Harts Range partnership the centrepiece of its 2027 strategy, with BHP expected to take the project to its investment committee later this month. The explorer is also trimming holding costs, separating non-core assets and seeking a second drill-ready copper or gold project.

Count Limited has entered FY2027 with sharper earnings momentum, record funds under management and a larger acquisition pipeline after shareholders approved all AGM resolutions. The company also outlined its biggest Equity Partnership investment yet, while maintaining a higher dividend and a $1.25 million Oracle synergy target.

Krakatoa Resources has reported another batch of high-grade gold and antimony assays from its Zopkhito project in Georgia, led by 16.25g/t gold over 0.60 metres and 8.27% antimony over 0.70 metres. The results add geological detail as drilling, ore-sorting tests and work towards a maiden JORC 2012 resource continue.

Ordell Minerals has reported further broad, shallow gold intercepts at McNabs East, including a 46-metre zone at 1.01g/t and a 1-metre high-grade interval at 32.59g/t. The results strengthen the geological case for a maiden resource, but the resource and any mining decision remain outstanding.

Australia and New Zealand Banking Group Limited (ASX:AN3) reported a 27% increase in 2026 cash profit to $7.542 billion, helped by substantial cost reductions and stronger fee and trading income. The annual report also flags rising credit impairment, a softer housing market and unfinished regulatory remediation work.

Dalaroo Metals has found significant gold mineralisation 1.25 km from its original high-grade discovery at the Bondoukou Gold Ridge Project in Côte d’Ivoire. The results expand the exploration story, but wide drill spacing and unknown true widths mean continuity is still unproven.

Rox Resources has fired and extracted the first production stope at United North while new drilling returned several high-grade gold intervals, including 5.50 metres at 15.46g/t. Two intercepts sit outside the current mine plan, and construction remains on schedule for first gold in mid-2027.

Southern Cross Electrical Engineering has completed its acquisition of Entire Operations, paying $70 million upfront for a Victorian fire protection and mechanical services group. The deal gives SCEE a new mechanical services capability and strengthens its ambition to build a national fire services platform.

Metals X has secured an extension to decide whether to make a firm offer for First Tin, after submitting a revised non-binding cash proposal. The new deadline is 5.00pm London time on 20 November 2026, but the takeover remains uncertain.

Novo Resources reduced its nine-month loss and operating cash burn, while a C$16.4 million revaluation of its San Cristobal Mining investment lifted marketable securities to C$37.8 million. The stronger balance sheet still faces a major test in December, when approximately A$10 million of deferred consideration falls due.