Latest Acquisition Strategy News

Electro Optic Systems (ASX:EOS) invites eligible shareholders to participate in a capped A$25 million Share Purchase Plan at the same price as its recent A$150 million institutional placement, supporting its MARSS acquisition and growth strategy.

Locksley Resources has secured an option to acquire 100% of the Iron Duke Copper & Gold Project near its Tottenham asset, adding an inferred resource of 1.3 million tonnes grading 1.0% copper and 0.6 g/t gold. The low-cost, milestone-based deal supports a district-scale exploration strategy in the Cobar region.

Alcidion Group has acquired Telstra Health's Kyra flow products for $3 million upfront, adding 33 long-term customers and boosting recurring revenue in key Australian states.

4DS Memory is accelerating commercialisation of its 60nm ReRAM technology in India, aligning with the country’s AUD$25 billion semiconductor investment and targeting mature-node industrial and defence sectors.

Cash Converters reports solid 1H26 results driven by a growing loan book, expanding luxury retail footprint, and increased corporate store ownership across 15 countries.

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

Kingsrose Mining has appointed Andrew Caruso as its new CEO, bringing over three decades of mining leadership experience to drive its Scandinavian projects and acquisition strategy. His remuneration package includes a base salary of CND$400,000 plus performance-linked incentives tied to share price milestones.

Genesis Minerals is poised to boost its gold output to an aspirational 500,000 ounces per annum following its strategic acquisition of Magnetic Resources and the construction of a new Tower Hill mill in Western Australia.

NT Minerals has launched a pro-rata non-renounceable entitlement offer aiming to raise up to $968,722 at $0.002 per share, providing shareholders a chance to subscribe for two shares for every five held. The offer opened on 5 May 2026 and closes on 26 May 2026, with electronic access to prospectus documents and a focus on reducing paper usage.

Altitude Minerals has locked in an exclusive option for the W-Project near Winnemucca, Nevada, adding a sizeable epithermal gold-silver system to its portfolio. Historical drilling shows widespread mineralisation but leaves key high-grade feeder zones untested, setting the stage for a 2026 exploration push.

Metals X reported its fourth highest quarterly tin production at Renison with robust financials despite rising unit costs, while progressing the Rentails project and maintaining a strong cash position.

African Gold Ltd has finalised its court-approved scheme of arrangement, transferring all shares and options to Montage Gold Corp and preparing for imminent ASX delisting.