Latest Mergers And Acquisitions News

Viridis Mining and Minerals has been selected for a major Brazilian government funding package to accelerate its Colossus rare earth elements project, marking a pivotal step in diversifying global critical mineral supply chains.

AdAlta Limited has successfully placed the remaining shortfall in its renounceable rights issue, raising a total of $1.3 million to advance its cellular immunotherapy pipeline. The company also addressed an administrative breach involving director share allocations, ensuring compliance with ASX rules.

Ballymore Resources’ latest drilling at the Dittmer Project in north Queensland has uncovered exceptional bonanza-grade gold intersections, including a staggering 221.31 g/t gold over 0.4 metres. The company is now preparing to test a deep porphyry target that could redefine the project’s potential.

Macarthur Minerals Limited has issued a replacement prospectus for a renounceable entitlement offer aiming to raise approximately AUD 2 million, fully underwritten by Gold Valley Yilgarn Pty Ltd. The offer includes free attaching options and supports the company’s exploration and operational funding needs.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

African Gold Ltd has completed a strategic investment with Montage Gold Corp, involving a share swap and private placement worth approximately A$9.2 million, reshaping ownership stakes between the two miners.

ASX Limited has finalised the sale of its investment in Digital Asset Holdings for $57 million, securing a substantial pre-tax gain that will bolster its FY25 financial results.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project, unlocking nearly 1,000 square kilometres of historic copper and silver mining territory in Spain. The company is accelerating exploration with geological mapping and airborne geophysics ahead of planned drilling later this year.

The Reject Shop Limited has announced a special fully franked dividend of AUD 0.77 per share, contingent on the approval of its acquisition by Dollarama Inc. Key dates for the dividend include an ex-dividend date of 4 July and payment on 14 July 2025.

The Reject Shop has announced a fully franked special dividend of $0.77 per share as part of its acquisition by Dollarama, boosting the total transaction consideration to $6.68 per share.

ASPI Isotopes Inc. has proposed a scheme to acquire all Renergen shares at a 41.3% premium, aiming to create a global critical materials powerhouse. The deal, subject to shareholder and regulatory approval, will delist Renergen from multiple exchanges.

Renergen Limited shareholders have received a detailed circular outlining ASP Isotopes Inc.'s firm intention to acquire the company through a scheme of arrangement, with a general meeting scheduled for 10 July 2025 to approve the deal.