Latest Acquisition News

AXP Energy has commenced drilling operations on its Charlie #1 Well in Oklahoma, backed by a recent A$2.7 million capital raise. The project targets multiple stacked pay zones and aims to expand gas-to-power and bitcoin mining ventures.

LDR Assets has declared its off-market takeover bid for Elanor Commercial Property Fund unconditional, signaling a decisive step in its acquisition strategy. The offer now proceeds without conditions, with payment accelerated for accepting securityholders.

LDR Assets Pty Ltd has initiated an off-market takeover bid for all stapled securities in the Elanor Commercial Property Fund (ECF), offering $0.70 cash per security, representing a premium over recent trading prices and net tangible asset backing. The offer opens on 11 September 2025 and is set to close on 13 October 2025.

Fortuna Metals has secured two key exploration licences in Malawi’s emerging rutile province, positioning itself next to Sovereign Metals’ world-class Kasiya deposit. The company also appoints Tom Langley as CEO to spearhead exploration efforts.

Red Mountain Mining has secured 87 claims in Utah’s historically rich Antimony Mining District, strategically adjoining Trigg Minerals’ high-grade Antimony Canyon Project. This move strengthens RMX’s position in the US critical minerals sector amid rising antimony prices and government supply chain initiatives.

E79 Gold Mines has reported significant gold intercepts from reconnaissance drilling at its Laverton South Project, highlighting the emerging potential of the T14 South gold prospect. These early results suggest a promising new target within a prolific gold belt in Western Australia.

Highfield Resources has negotiated a standstill agreement with key noteholders, delaying enforcement actions on matured convertible notes and buying vital time to secure funding for its flagship Muga Potash Project in Spain.

Highfield Resources has fully terminated its senior secured project finance facility, exiting its last lenders to focus on cash preservation and alternative funding for its Muga Potash Project in Spain.

Vulcan Energy has gained City of Landau Council approval to acquire land for its pioneering geothermal and lithium extraction plant, marking a crucial step toward sustainable energy and lithium supply in Europe.

PRL Global Limited has completed its strategic acquisition of the Ardmore Phosphate Mine in Queensland, setting the stage for a ramp-up in operations and first shipments later this year.

DigiCo Infrastructure REIT has appointed Michael Juniper as a senior executive and director, aiming to leverage his extensive experience to accelerate growth and sustainability in its data centre portfolio.

Spenda Limited announces the resignation of CEO Adrian Floate due to health concerns, appointing COO Corrie Hassan as interim CEO and welcoming Francis DeSouza to the Board. The company aims to maintain momentum following a record revenue year.