Latest Mergers And Acquisitions News

Koonenberry Gold (ASX, KNB) reports promising soil sampling results from its Wilga Flats Project in NSW, revealing a 4.2km gold and base metal anomaly akin to the nearby Cowal Gold Mine. The company aims to progress these targets to drill-ready status backed by a strong cash position.

Hammer Metals has reported promising high-grade gold assays from its Bronzewing South Project near the historic Bronzewing Mine, signalling potential for a significant new gold discovery in Western Australia.

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.

Centaurus Metals has successfully raised $3.1 million through a Share Purchase Plan, complementing a recent $20 million placement to fund the development of its flagship Jaguar Nickel Sulphide Project in Brazil.

Lindian Resources appoints Zekai Komur as Executive Director to spearhead delivery and expansion of its Kangankunde Rare Earths Project, with Stage 1 fully funded and construction progressing ahead of schedule.

Neometals has completed the sale of its lithium-ion battery recycling business, securing over A$10 million in cash and refocusing on its core mining and processing projects.

Contact Energy's August 2025 report reveals stable retail sales, a notable drop in generation costs, and robust hydro storage, underpinning its renewable expansion plans.

Lakes Blue Energy has successfully raised $5.8 million through a two-tranche placement, bolstering its efforts to advance the Wombat Project amid promising drilling results.

Foresta Group Holdings has finalized a $4.6 million insurance settlement related to 2021 asset damage at Apple Tree Creek, marking the close of a multi-year claim process.

Benz Mining Corp reported a CAD 3.58 million net loss for Q1 2025, driven by ramped-up exploration at its newly acquired Western Australian gold projects. The company bolstered its cash position with a CAD 27 million private placement post-period, aiming to fuel further resource growth.

Control Bionics Limited has confirmed its compliance with ASX continuous disclosure rules following an inquiry about the timing and content of its financial results announcements.

Warriedar Resources has received ASIC approval to delay its 2025 AGM until January 2026, allowing time for critical shareholder votes on proposed share option schemes tied to a Capricorn Metals acquisition.