Latest Mergers And Acquisitions News

Moab Minerals is progressing its Manyoni uranium project with a planned JORC-compliant resource estimate and is nearing completion of a key tenement acquisition, while securing fresh funding to support ongoing exploration.

Comet Resources has sold a significant stake in International Graphite, using part of the proceeds to clear its debt, triggering a board resignation and signaling a shift in shareholder dynamics.

PainChek Limited has raised A$7.5 million through a strongly supported placement to accelerate its US market entry following anticipated FDA clearance and expand its innovative AI pain assessment technology internationally.

Anax Metals has raised $3.3 million through convertible notes to push forward its Whim Creek copper-zinc project in Western Australia, while resolving a recent arbitration with its cornerstone investor Mineral Development Partners.

Compumedics has secured two significant four-year distribution agreements in China worth A$24.4 million, reinforcing its strategic foothold in Asia with committed annual growth of at least 10%.

Bubs Australia Limited reports a strong FY25 with 29% revenue growth to $102.5 million, positive EBITDA turnaround, and sustained cash flow improvements. The company also advances its US market ambitions with a key FDA submission underway.

SQX Resources has advanced its exploration strategy by integrating new and historical data at its Queensland projects, aiming to define a mineral resource while maintaining a solid cash position.

Raiz Invest Limited reported robust growth in Q4 FY25, with active customers and funds under management hitting new highs, supported by a strategic partnership with Drip Invest and ongoing product innovation.

PlaySide Studios has raised $6.6 million through a share placement to bolster its balance sheet ahead of the launch of its new original game, MOUSE, P.I. For Hire. The capital raise includes director participation and an upcoming Share Purchase Plan for existing shareholders.

Morris Group has launched a conditional, non-binding takeover proposal for Reef Casino Trust, offering $3.70 per unit, rivaling the existing Iris bid. The Independent Board Committee urges unitholders to hold off while assessing this alternative.

Horizon Oil reports a 9% decline in net Proved and Probable reserves to 9.0 million barrels of oil equivalent, offset partially by a life extension at Maari. A significant acquisition in Thailand is set to materially increase reserves in the near term.

AVJennings Limited has issued over 6.7 million shares to satisfy the vesting of performance and retention rights as part of its ongoing acquisition by Proprium Capital Partners and AVID entities.