Latest Mergers And Acquisitions News

Aspermont Limited (ASX:ASP) reported a 147% jump in net profit and 11% revenue growth for H1 FY26, driven by steady subscription growth and a ramp-up in non-subscription revenues. The company’s self-funded data and intelligence platform is on track, with Rio Tinto’s enterprise contract validating its strategic pivot.

Sunshine Metals has secured $7.7 million through an oversubscribed Share Purchase Plan, exceeding its $3 million target, to fund the Mt Moss processing facility acquisition and Liontown mine start-up.

Golden Horse Minerals has revealed high-grade gold mineralisation extending over 3km at its Hopes Hill deposit, with recent drilling hitting standout intercepts including 12m at 7.0 g/t Au from 278m. The company is pressing ahead with an aggressive multi-rig 2026 drilling program to expand and refine the resource.

Basin Energy’s maiden drilling at Newmans has uncovered thick, shallow, and high-grade rare earth mineralisation, validating a new geological model focused on preserved weathering zones over fertile granites.

Red Mountain Mining has locked in 100% ownership of the Pioneer Tungsten Project in Montana, an advanced asset with historic drilling pointing to promising tungsten grades. The company plans to kick off drilling in June 2026, capitalising on near-record tungsten prices and US government efforts to secure domestic critical mineral supplies.

Xpedra Resources continues to hit broad, shallow gold zones at its Springfield Gold Deposit in NSW, with a standout 52-metre intercept at 1.35g/t gold reinforcing the project's scale and potential for expansion.

Advanced Innergy Holdings saw an 84% plunge in half-year profit despite a record £116 million order backlog, driven by project timing and IPO-related costs. The company confirmed full-year guidance and is poised for growth with key acquisitions in aquaculture and subsea manufacturing.

Ore Resources has secured an option to acquire six tenements adjacent to its Miriam Gold Project, expanding its landholding along the Miriam Shear Zone and reviving interest in underexplored historical gold prospects.

SHAPE Australia has agreed to acquire Australian Professional Shopfitters (APS) for up to $29.4 million, adding a vertically integrated retail fitout capability and boosting earnings with a 5-7% EPS accretion forecast in the first full year.

Osmond Resources has unveiled new channel sample assays from Spain’s Orión project, revealing outstanding heavy mineral grades that strengthen the case for its maiden Mineral Resource Estimate. Phase 2 drilling is poised to start pending final approvals, while a Scoping Study advances towards completion in late 2026.

Patagonia Lithium's latest passive seismic survey at the Formentera Lithium Project has uncovered basement depths up to 800m, doubling previous drilling depths and suggesting expanded lithium brine volumes. Ongoing pump tests confirm strong aquifer flow, underpinning an imminent resource upgrade.

Xstate Resources confirms Diona-1 as a gas discovery with strong reservoir pressure but faces challenges removing completion fluids. The company is exploring advanced methods to clear the wellbore and enable sustained production.