Latest Mergers And Acquisitions News

Amplia Therapeutics has successfully raised A$2.65 million through its Share Purchase Plan, exceeding expectations and bolstering funding for pivotal clinical trials of its lead drug narmafotinib.

Omega Oil and Gas confirms the commercial viability of its Canyon Sandstone reservoir in Queensland’s Taroom Trough, with SLB modelling indicating nearly 1 million barrels of oil equivalent per well and significant upside potential.

CleanSpace Holdings Limited reported a 26% increase in revenue to $19.8 million for FY25, alongside a significant reduction in net loss to $478,276. The company’s strategic expansion and innovation efforts underpin its improving financial health and global market presence.

Propel Funeral Partners has reported record FY25 results, exceeding revenue and EBITDA guidance while maintaining steady dividends and announcing a key executive transition.

Propel Funeral Partners reported a 7.9% revenue increase in FY25, driven by acquisitions and modest organic growth, while maintaining strong cash flow and a solid balance sheet. The company signals continued expansion supported by favorable demographics and a leadership transition.

Propel Funeral Partners reported a solid 14.5% increase in statutory profit for FY25, driven by strategic acquisitions despite a slowdown in death volumes. The company also declared a fully franked final dividend of 7.0 cents per share.

Southern Cross Gold Consolidated Ltd reports significant high-grade gold and record antimony intersections at its Sunday Creek project, extending mineralization to 560m depth and beyond known boundaries. The dual-commodity profile enhances the project's strategic and economic potential amid rising global antimony demand.

Rincon Resources has exercised its option to acquire 100% of the Crackerbox Gold Project in Western Australia, unlocking access to a highly prospective greenstone belt with significant historic gold and copper mineralisation. The company plans to launch an extensive exploration program to expand known mineralisation and evaluate resource potential.

Chrysos Corporation reported a robust 46% revenue increase to A$66.1 million for FY25 but faced a significant net loss of A$8.2 million, reflecting rising costs and operational challenges.

Ainsworth Game Technology has terminated its proposed scheme of arrangement with Novomatic due to insufficient shareholder support, yet the board still recommends accepting Novomatic’s unconditional $1 per share takeover bid.

IperionX secures a $12.5 million funding tranche from the U.S. Department of Defense to fast-track expansion of its Virginia titanium manufacturing capacity beyond 1,000 metric tons annually.

Big River Industries reported a 2.3% revenue decline for FY25 amid tough market conditions but achieved a notable rebound in the second half, driven by operational efficiencies and cost controls. The company maintains a strong balance sheet and a cautiously optimistic outlook for FY26.