Latest Mergers And Acquisitions News

Butn Limited reported a modest net cash increase from operating activities in the December 2024 quarter, ending with a strong cash balance of $16.8 million. The fintech company’s latest cash flow report reveals ongoing investment and notable payments to related parties.

DeSoto Resources has uncovered significant rare earth element mineralisation more than 6km south of its Quantum REE deposit, indicating a potentially world-class REE-Au system. The company is set to launch an extensive 10,000m drilling program in 2025 to further delineate this promising discovery.

Platina Resources reports promising gold mineralisation at its Challa Gold Project and secures a government grant to fund deep drilling at Xanadu, maintaining a strong cash position of $12.3 million.

Telix Pharmaceuticals has finalized its acquisition of RLS (USA) Inc., significantly expanding its radiopharmaceutical footprint across the United States with a network of over 30 radiopharmacies.

Complii FinTech Solutions Ltd reports a robust Q2 FY25 with a $3.048 million cash balance, a net operational cash inflow, and a 12.9% year-on-year increase in Annual Recurring Revenue, driven by strategic divestment and focused growth initiatives.

Thor Energy PLC advances its clean energy ambitions through a strategic acquisition in South Australia's hydrogen sector and promising uranium drilling results in the US.

Battery Age Minerals has reported its best lithium drilling results to date at the Falcon Lake Lithium Project in Ontario, with thick, high-grade spodumene intercepts signaling significant growth potential.

Zelira Therapeutics has received a fourth funding tranche, bringing total investment to US$3.25 million to support FDA clinical trials of its HOPE® 1 cannabinoid medicine targeting irritability in autism spectrum disorder and Phelan-McDermid Syndrome.

Westar Resources reports exceptional gold and silver assay results from its Mindoolah Mining Centre, setting the stage for imminent drilling programs in early 2025. The company maintains a strong cash position while strategically focusing on high-potential projects.

Belararox Limited has initiated a comprehensive six-week field program at its Kalahari Copper Belt Project in Botswana, targeting detailed geological mapping and soil sampling to refine copper exploration targets ahead of planned drilling in mid-2025.

Talisman Mining has successfully completed a six-hole drilling program at its Durnings Prospect, intersecting significant copper-gold and base metal mineralisation that confirms a large polymetallic system. Further assays and a new drilling campaign at Durnings East are underway, promising more insights into the project's potential.

Harris Technology Group Limited reported $3.6 million in sales and a positive operating cash flow in Q2 FY25, driven by strong performance in refurbished technology products as the company adjusts its inventory strategy.