Latest Mergers And Acquisitions News

Asara Resources has reported significant auger geochemistry results from its Kada Gold Project in Guinea, delineating an 18 km gold anomaly at Bamfele and a drill-ready 1 km target at Damissa Koura, extending beyond historical exploration limits.

Zenith Minerals (ASX: ZNC) has commenced an eight-hole reverse circulation drilling program at its Consolidated Dulcie Gold Project, aiming to grow and enhance its recently defined 675,000 ounce inferred gold resource. The campaign targets near-resource zones and strategic gaps along a 6 km mineralised corridor, while regional exploration efforts continue.

AuMEGA Metals Limited has launched a prospectus for a dual-tranche capital raising totalling approximately C$23.7 million, subject to shareholder approval, aimed at advancing its exploration programs in Newfoundland and Labrador, Canada.

Meeka Metals’ March quarter gold production declined due to heavy rainfall impacting mining access, while processing throughput improved significantly. The company expects stable throughput in the near term and increased output as underground ore contributes more.

Key Petroleum Ltd (ASX:KEY) has completed a placement of over 3 million shares, raising approximately AUD 176,660 before costs to fund asset acquisitions, development, and working capital.

Octava Minerals (ASX:OCT) has completed its acquisition of the Byro Critical Minerals Project in Western Australia, issuing over 8.5 million shares and 2 million performance rights to vendors, subject to escrow and milestone conditions.

Loyal Metals Ltd (ASX:LLM) has reported assay results from drillhole 25HRDD003 at its Highway Reward Copper-Gold Project in Queensland, confirming a large, continuous VHMS Copper-Gold-Silver system. The 179m intersection at 1.47% copper equivalent supports a bulk-style mining opportunity distinct from historical narrow-lens models.

Peninsula Energy has partially converted US$4.1 million of its convertible loan facility with Adare Finance, reducing its outstanding debt and issuing nearly 20 million shares at A$0.30 each. This transaction supports ongoing funding for the Lance Uranium Project restart and Reset Plan execution.

National Storage REIT (ASX:NSR) has confirmed satisfaction of key foreign investment conditions for its proposed acquisition by a Brookfield-GIC consortium, with securityholder meetings scheduled for mid-April.

Orbital UAV has entered the Middle East market with a USD 1.1 million order from a UAE sovereign government for its 50HFE propulsion systems and signed a long-term distribution agreement to expand its UAV propulsion presence.

Mesoblast Limited (ASX:MSB, Nasdaq:MESO) reported net sales of US$30.3 million for its FDA-approved cellular therapy Ryoncil in the March quarter, bringing total revenue since launch close to US$100 million. Strong sales in February and March offset January’s seasonal dip.

Sheffield Resources (ASX:SFX) has provided an update on ongoing debt restructuring negotiations for the Thunderbird Mineral Sands Mine, highlighting operational disruptions and additional working capital support from Yansteel. Uncertainty remains over the successful amendment of senior loan facilities.