Latest Mergers And Acquisitions News

OD6 Metals has transformed its portfolio with the completed acquisition of Nevada’s Quinn Fluorspar Project, but the strategic expansion comes alongside a larger loss, ongoing funding needs and substantial permitting risk. The company is now targeting drilling and a maiden resource at Quinn while advancing laboratory-scale rare earth processing work at Splinter Rock.

OzAurum Resources has shifted Mulgabbie North from feasibility work into early construction, backed by encouraging laboratory heap leach results and a $4.10 million placement. But the company remains loss-making, cash-burning and dependent on further funding, with its auditor flagging a material uncertainty over going concern.

Carnaby Resources’ proposed acquisition by Evolution Mining has moved closer to completion after ASIC registered the scheme booklet and Evolution waived the ACCC clearance condition. The scrip deal still requires shareholder and Court approval, with the vote set for 26 October.

Meeka Metals has reported its first full-year profit as a gold producer, but the $51.3 million result came after a difficult second half and $107 million of growth investment. The company is now betting that higher-grade underground ore, processing upgrades and a fresh Mt Holland portfolio can improve cash generation.

TG Metals has strengthened its gold and lithium resource base, but the annual report carries a material uncertainty over its ability to continue as a going concern. The company ended June with $641,906 in cash, before securing a further $2.5 million placement after year end.

Cygnus has cleared the remaining conditions tied to its options and share rights, but Central Asia Metals now expects Kazakhstan approval after the scheduled 23 September court date. The proposed takeover timetable will be pushed back, with approval currently expected by 12 October.

Elementos has materially strengthened its balance sheet while moving its Spanish Oropesa tin project closer to permitting, financing and a final investment decision. The annual report also highlights a doubling of Cleveland’s inferred tungsten resource, but both projects still require substantial capital and further approvals.

Agrimin has completed its withdrawal from the Mackay Potash Project and repositioned itself around exploration at the 480-square-kilometre Mount Squires Project. The pivot reduced the company’s annual loss, but left it with $1.08 million in cash, net current liabilities and no JORC mineral resources or ore reserves.

Parbo Resources has completed a $5 million IPO raise ahead of a proposed ASX listing, giving the pre-revenue explorer fresh funding for its Western Australian projects. Its FY2026 accounts show a $187,285 loss, $2.29 million in cash at year-end and $1.31 million in capitalised exploration assets.

Avantis Emerging Markets Equity Active ETF delivered a A$2.001 million audited profit in its first reporting period, with A$14.598 million in net assets at 30 June 2026. Its 20.29% return was positive, but fell 3.03 percentage points short of the MSCI Emerging Markets IMI Index.

The Colonial Motor Company (NZX:CMO) increased shareholder profit, lifted its annual dividend and sharply reduced borrowings and inventory in 2026. The New Zealand automotive group is entering a more difficult trading period, however, with price pressure, new-brand competition and a chair transition ahead.

North Stawell Minerals has extended a steep west-dipping gold-bearing structure at Darlington with a 0.5-metre intercept, though the latest grade is well below nearby high-grade results. The company says the trend remains open at depth and along strike, with further drilling needed to test its potential scale.