Latest Mergers And Acquisitions News

Thor Energy has announced the issuance of 25 million new shares following successful exploration milestones and director performance targets, with shares set to begin trading on AIM and ASX on August 1.

Iceni Gold Limited reported its most significant quarter yet at the 14 Mile Well Gold Project, delivering high-grade gold intersections along the Guyer Trend and securing a $2.5 million oversubscribed placement to fund ongoing exploration.

Vonex Limited has taken a key step in its acquisition by Maxo Telecommunications, lodging a draft Scheme Booklet with ASIC that includes an independent expert’s report. This move brings the proposed takeover closer to shareholder approval and regulatory clearance.

My Foodie Box Ltd reported a $1.39 million profit for FY24 following the sale of its meal kit business to MFB (WA) Pty Ltd, receiving a 40% stake and vendor financing arrangements. The company now seeks new assets to restore shareholder value amid ongoing financial uncertainties.

OncoSil Medical has reported a record 20% quarterly increase in dose sales and secured $8.7 million in new capital, underpinning its clinical and commercial expansion in pancreatic cancer treatment.

Rand Mining Ltd reported solid gold production of 8,916 ounces in the June 2025 quarter, alongside improved cash flow and ongoing exploration success at key Western Australian projects.

Entertainment Rewards Ltd reports a 6.1% revenue increase in Q4 FY25, driven by growth in key programs and a new $2.5 million loan facility, while narrowing its operating loss.

White Energy Company Limited reported promising exploration results across multiple Australian projects targeting critical minerals, alongside progress in commercialising its innovative coal briquetting technology in South Africa.

AuKing Mining Limited has strengthened its financial position with a $5 million loan facility and progressed its strategic Cloncurry Gold Project acquisition, while its Koongie Park JV reports promising scoping study results.

Bellavista Resources is progressing bioleaching trials at its Brumby Project while conducting due diligence on over 50 potential gold, silver, and copper projects worldwide. The company maintains a solid cash position of $4.15 million as it seeks to expand its portfolio.

PolyNovo Limited reports a robust FY25 with nearly 29% sales growth, a significant cash increase to A$33.5 million, and expanding global market presence. The company’s strategic investments and product innovations signal strong momentum ahead.

GreenHy2 Limited has strengthened its cash position to $1.58 million while progressing its flagship Telstra hydrogen storage project and expanding its battery technology portfolio.