Latest Mergers And Acquisitions News

Ballymore Resources has raised $4.5 million through a well-supported placement to accelerate exploration and development across its North Queensland projects, including the promising Dittmer gold deposit.

AKORA Resources has launched a $2.91 million capital raising through a placement and entitlement offer to fund critical development milestones at its Bekisopa Iron Ore Project in Madagascar.

Altair Minerals has entered a binding agreement to acquire up to 70% of the Greater Oko Project in Guyana, positioning itself as a leading gold explorer in a rapidly emerging district adjacent to major discoveries.

Variscan Mines has successfully raised A$2.5 million through a two-tranche placement to advance its high-grade zinc projects in Spain and pursue a strategic earn-in on promising zinc assets in Ireland.

Zoono Group Limited has closed its recent rights issue, raising $785,000 with a significant shortfall remaining. Managing Director Paul Hyslop fully subscribed and may provide further financial support as the company targets growth in Asia and product innovation.

D3 Energy’s latest re-test of the RBD10 well in South Africa’s ER315 permit shows a remarkable 38% increase in gas flow, underscoring unique reservoir dynamics that could lower development costs.

Lincoln Minerals Limited has announced a pro-rata renounceable entitlement issue to raise approximately $1.5 million, partially underwritten by Mahe Capital Pty Ltd, to fund exploration across multiple projects including copper, uranium, graphite, and magnetite.

Askari Metals has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, clearing a key hurdle ahead of acquisition settlement and setting the stage for maiden drilling campaigns.

Antilles Gold initiates a $650,000 share placement to fund working capital and prepare for a major $29.5 million EPC contract with Xinhai Mining, advancing the Nueva Sabana copper-gold mine development in Cuba.

Lincoln Minerals has announced a renounceable entitlement issue to raise up to $1.5 million, aiming to advance its critical minerals projects in South Australia, including imminent drilling at the Minbrie Copper & Base Metals Project.

Perpetual Resources has raised $1.6 million to accelerate exploration of lithium and caesium deposits in Brazil, following promising initial drilling results at its Igrejinha project.

DMC Mining Limited has extended the closing date of its public share offer to mid-September due to delays in securing exploration licences for key projects in Guinea. The company plans further regulatory updates as it awaits final approvals.