Latest Mergers And Acquisitions News

AXP Energy has raised A$2.7 million through a two-tranche placement to expand its innovative gas-to-power-bitcoin mining operations and accelerate oil and gas drilling activities in Oklahoma.

DigitalX Limited has announced a bold strategy to increase its Bitcoin holdings more than fourfold by the end of 2027, reinforcing its position as a leading Australian digital asset manager.

Snow Lake Energy has completed due diligence and confirmed its participation in GTI Energy’s $4.5 million placement, securing a near 10% stake and a strategic foothold adjacent to GTI’s Lo Herma uranium project.

ARC Funds Limited has withdrawn its scrip offer for the remaining shares in The Term Deposit Shop Pty Ltd after securing acceptances for just over 10% of the target shares, raising its ownership to nearly three-quarters of the company.

GBM Resources has appointed Daniel Hastings as its new CEO, bringing 25 years of global mining expertise to drive strategic growth and operational excellence.

Australian Rare Earths Limited (AR3) has received a $1 million instalment from the Australian Government’s $5 million IPCM grant, boosting progress on its Koppamurra Rare Earths Project. This funding supports critical metallurgical testwork and a Pre-Feasibility Study, positioning AR3 as a key future supplier of rare earths.

Santana Minerals has raised A$63 million through a fully underwritten placement and a Share Purchase Plan to fast-track development of its Bendigo-Ophir Gold Project, attracting strong support from international and domestic investors.

Buxton Resources has completed its deepest drillhole yet at the Centurion Project, uncovering complex geology that leaves key mineral targets unresolved but promising further exploration.

JB Hi-Fi Limited reported a robust 10% increase in FY25 sales to AUD 10.55 billion, alongside a strategic dividend hike and a planned CEO transition, signaling confidence in future growth.

AnteoTech Ltd has received a $2.59 million cash rebate from the Australian Tax Office for its 2025 R&D activities, underscoring the success of its recent strategic initiatives.

JB Hi-Fi reported a robust FY25 with 10% sales growth and increased dividends, while preparing for a leadership change.

JB Hi-Fi Limited reported a robust FY2025 with revenue up 10% to $10.55 billion and net profit after tax rising 5.4% to $462.4 million. The company declared a fully franked final dividend and a special dividend, while announcing a CEO succession plan.