Latest Mergers And Acquisitions News

Xstate Resources has launched a $2-3 million capital raising with a priority offer to existing shareholders, coinciding with a shareholder meeting to approve a key acquisition.

Finbar Group has signed a conditional contract to sell a key Rivervale site for $13.68 million, paving the way for a large-scale build-to-rent development backed by community housing initiatives.

Leo Lithium has received the final US$177.6 million payment from the sale of its Goulamina stake and is advancing lithium-focused acquisitions, with a potential deal announcement expected soon.

Resources & Energy Group Limited has raised $1.1 million through a discounted share placement to accelerate gold production and exploration at its East Menzies project in Western Australia.

Codeifai Limited has confirmed entering a binding agreement to acquire the QuantumAI Secure platform from Credissential Inc, affirming its compliance with ASX continuous disclosure rules amid regulatory scrutiny.

Scorpion Minerals has commenced a targeted RC drilling campaign at its expansive Pharos Gold Project in Western Australia, aiming to follow up on multiple historic high-grade gold zones along a highly prospective shear corridor.

Regal Partners estimates at least $35 million in performance fee revenue for the first half of 2025, driven by strong global equity strategies and diverse alternative funds. The full half-year results will be released on 25 August.

Santa Fe Minerals Limited has entered binding agreements to acquire the promising Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd, backed by a $1.2 million capital raise at a significant premium. The acquisition positions Santa Fe to advance exploration on high-grade gold mineralisation zones with substantial growth potential.

Santa Fe Minerals has entered binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire, backed by a $1.2 million capital raise at a 61% premium. The acquisition includes promising permits with historic high-grade gold intercepts, setting the stage for an aggressive exploration campaign.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

Acrux Limited has secured a further $0.46 million advance on its FY25 R&D Tax Incentive, bringing total advances to $2.19 million and supporting its pharmaceutical product development and working capital needs.

Golden Mile Resources has reported encouraging initial assay results from its maiden drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. The findings support the potential for a substantial mineralised system and set the stage for further exploration.