Latest Mergers And Acquisitions News

Jindalee Lithium has secured US government approval for its McDermitt Lithium Project’s exploration plan, reported strong drilling results, and extended exclusivity on a US SPAC listing valued at US$500 million.

DroneShield Limited has triggered the vesting of over 9 million performance options following a significant $200 million cash receipts milestone, reflecting rapid growth and a new incentive framework.

Strata Minerals has secured full ownership of the Zelica Gold Project in WA’s Eastern Goldfields, launched maiden drilling targeting high-grade gold, and expanded the project footprint through a strategic acquisition, supported by a $1.1 million capital raise.

Cynata Therapeutics has successfully raised $1.2 million through an At-The-Market equity raise, issuing shares at a discount to support its ongoing clinical programs. This capital injection aims to bolster working capital as the company advances its proprietary stem cell therapies.

Prestal Holdings reports a significant 26.4% decline in revenue and a sharp fall in EBITDA for the first half of FY26, reflecting ongoing market challenges. Despite the downturn, the company maintains a strong cash position heading into the new year.

Resolution Minerals is fast-tracking development of the historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring a nearby processing mill and stockpiles amid soaring tungsten prices.

Cycliq Group Ltd reported a 21% decline in customer receipts for Q2 FY2026, offset by a solid net operating cash inflow and a strong Black Friday campaign that generated $1.3 million in gross revenue.

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Multistack International Limited reported a net operating cash outflow of A$196,577 for the December quarter but maintains a solid cash buffer as it pursues the sale of its Australian subsidiary.

Multistack International Limited has announced plans to discontinue its current business operations and is working towards disposing of its Australian subsidiary after continued losses and cash burn.

DigitalX Limited reports a stable Bitcoin treasury position and a modest cash decline in December 2025, alongside a positive return from its Lime Street Capital investment.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea and initiated a major resource expansion campaign, alongside a strategic acquisition to broaden its regional footprint.