Latest Acquisition Agreements News

Comet Ridge has raised $40 million through a placement and $875,750 via a share purchase plan to fund the acquisition of Santos’ remaining stake in the Mahalo Gas Project and progress development activities.

QMines Limited has locked in a $15 million strategic funding package with QIC to fully finance its Mt Chalmers Definitive Feasibility Study, while completing a substantial drilling campaign at Mount Mackenzie and launching a major 10,000m drill program at Mt Chalmers.

Gratifii Limited has executed a binding agreement to acquire Mosh, with settlement imminent, while deferring completion of its Simplicity acquisition to early 2027 under revised, earnings-linked terms.

Li-FT Power has gained a two-year exclusive call option, approved by the Superior Court of Québec, to acquire the Renard diamond mine site with plans to explore its conversion for lithium processing.

Vault Minerals is set to terminate its scheme implementation deed with Regis Resources following Regis's decision not to match a superior offer from Genesis Minerals. Vault will pay a $50.7 million break fee to Regis as it moves to finalise the Genesis acquisition.

Pursuit Minerals has expanded its Rio Grande Sur Lithium Project in Argentina by acquiring exclusive rights over 1,362 hectares adjacent to its Mito tenement, increasing the project area to over 10,595 hectares and enhancing its lithium brine resource potential.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Stelar Metals has wrapped up its initial fieldwork at the Hill of Leaders Tungsten Project, setting the stage for drilling campaigns later this year and marking a significant step in exploring a largely untouched mineralised system in the Northern Territory.

Mayne Pharma has been awarded $13.27 million in legal costs by the Supreme Court of New South Wales after successfully defending against Cosette Pharmaceuticals’ claims tied to a terminated acquisition deal.

Tuas Limited has called off its planned acquisition of M1 Limited after failing to meet critical conditions by the extended deadline, while regulatory scrutiny intensifies around its subsidiary Simba Telecom.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.

Regener8 Resources has closed its entitlement offer, raising $1.42 million to fund the acquisition and exploration of its Srebrenica North Project, with new shares set to begin trading next week.