Latest Mergers And Acquisitions News

MyEco Group reported an 8.6% increase in FY25 sustainable product sales, driven by strong growth in its MyEco® brand globally. The company is executing an operational restructure expected to deliver $2.5 million in cost savings in FY26 while navigating volatile resin markets and US tariff uncertainties.

Nimy Resources has been hit with a $3.75 million legal claim from Lind Global Fund alleging breach of a placement agreement. The mining company disputes the claim and plans to defend the case in court.

Peak Rare Earths advances its Ngualla project with a proposed A$158 million acquisition by Shenghe Resources, alongside a successful A$7.5 million capital raise and rising rare earth prices.

Mount Hope Mining has defined a maiden gold exploration target at Mt Solitary and more than doubled its landholding in the Cobar basin, setting the stage for a maiden drill program in September 2025.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project in Northern Spain, backed by overwhelming shareholder support. The company is advancing geological mapping and preparing for drilling later this year, while also raising A$780,000 through an institutional placement.

IMDEX has acquired an 80.5% stake in Norway’s Earth Science Analytics for A$26 million, integrating its AI-driven EarthNET platform to boost digital orebody knowledge across mining and energy sectors.

The Lottery Corporation has appointed Wayne Pickup as its new CEO, succeeding Sue van der Merwe who is retiring after 35 years in the industry. Pickup brings 25 years of global lottery experience and will begin in November 2025, pending regulatory approvals.

Koba Resources has issued over 11 million new shares and attached options to fund exploration at its Yarramba Uranium Project, signaling renewed momentum in its uranium ambitions.

Adavale Resources has raised $0.588 million through a strategic placement to accelerate drilling and exploration at its Parkes Gold and Copper Project, including the London Victoria Gold Mine.

Raptis Group Limited reported a solid quarter ending June 2025, posting positive operating cash flow and bolstering its cash reserves to nearly $2 million. Significant investing outflows were offset by substantial financing inflows, positioning the company for future operational stability.

Ainsworth Game Technology shareholders will vote on a scheme of arrangement for acquisition by Novomatic AG, offering $1.00 cash per share including a potential fully franked dividend. The deal, valued at a 35% premium, awaits court approval in September.

Greenvale Energy has completed the acquisition of the Oasis Uranium Project and is preparing for its maiden drilling program, while airborne surveys reveal promising uranium targets across its Northern Territory portfolio.