Latest Mergers And Acquisitions News

Buru Energy has raised $2.35 million through a Share Purchase Plan and shortfall placement, bolstering funding for its Rafael Gas Project in Western Australia.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

The Royal Court of Jersey has approved Harmony Gold’s acquisition of MAC Copper, setting the stage for MAC’s trading suspension and delisting from ASX and NYSE.

LDR Assets has issued a second supplementary bidder’s statement clarifying the adjusted cash consideration in its takeover offer for Elanor Commercial Property Fund securities following a September 2025 distribution. The statement addresses concerns raised by the ECF Independent Board Committee and highlights the impact of transaction costs on net tangible assets.

Vonex Limited’s shares will be suspended from ASX trading following court approval of its acquisition by Maxo Telecommunications, marking a pivotal moment for the telecom services company.

Carawine Resources Limited’s shares have been suspended from trading following a Federal Court ruling that allows QGold Pty Ltd to compulsorily acquire all remaining shares it does not own.

Aurumin Limited proposes a scheme of arrangement for acquisition by Brightstar Resources, with an independent expert confirming the deal is fair and reasonable. The transaction offers Aurumin shareholders exposure to a larger gold portfolio and enhanced market presence.

Nordic Resources Ltd attributes its recent share price and volume spike to a successful investor roadshow and capital raising tied to its new Finland gold projects, while confirming full ASX compliance.

Emu NL has agreed to delay issuing shortfall securities tied to its recent entitlement offer until late October, as the Takeovers Panel continues its review following a challenge by Dronkay Pty Ltd.

Discovery Alaska Limited has detailed its exploration expenditures and strategic pivot from Alaskan projects to new US acquisitions, affirming its financial health and operational sufficiency to maintain its ASX listing.

Wellard Limited has received a final Australian Taxation Office ruling confirming its recent 15 cents-per-share return of capital is not taxable as a dividend, clarifying the tax implications for shareholders following the sale of its last revenue-generating asset.

ABx Group’s subsidiary ABx3 has received a $2.7 million investment from Good Importing International, granting GII 70% ownership to develop the Sunrise Bauxite Project in Queensland. This funding kickstarts a 12–24 month program targeting regulatory approvals and mine planning, with further investment options on the horizon.