Latest Acquisition News

AUB Group Limited has announced the acquisition of a 95.9% stake in UK-based PIHL Holdings Limited (Prestige) for AUD 432 million, significantly expanding its UK retail insurance broking footprint. To fund this strategic move, AUB is launching a fully underwritten AUD 400 million institutional placement alongside a share purchase plan.

Red Sky Energy has successfully brought the Yarrow 1 well online ahead of schedule, boosting production and cash flow at its Innamincka Dome projects while advancing drilling and evaluation at Killanoola and offshore Angola.

Boab Metals has secured 100% ownership of the Sorby Hills Silver-Lead-Zinc Project, fully funding the operation and setting sights on first production in the second half of 2027.

Raiz Invest has reported a record $2.1 billion in funds under management, driven by strong growth in its Plus and Kids products, while outlining an ambitious 2026 roadmap featuring AI enhancements and new trading capabilities.

Fulcrum Lithium has expanded its Alkali Flats lithium project and advanced metallurgical testing, while securing permits for a major Phase 3 drilling campaign, all against a backdrop of soaring lithium carbonate prices.

Anax Metals Limited has secured a strategic $2.4 million placement and a $3.5 million loan, reinforcing its development plans for the Whim Creek Project in Western Australia's Pilbara region. The company is progressing its feasibility study update, due in March 2026, while advancing partnerships and funding strategies.

Austral Resources Australia Ltd has emerged strongly from a 26-month ASX suspension, delivering robust copper production and sales that beat expectations in the December 2025 quarter. The company’s strategic acquisitions and exploration efforts position it for growth in 2026.

Terra Metals has announced a breakthrough high-grade platinum group metal discovery at its Southwest Prospect within the Dante Project, with drillhole SWT008 returning grades up to 52.97 g/t PGE3 from near surface. This discovery signals a potentially large, continuous magmatic sulfide system with promising scale and open-pit development potential.

Energy Transition Minerals Ltd (ETM) reported key progress in its December 2025 quarter, including legal developments for its Greenland rare earth project, advancing a strategic mine acquisition in Spain, and moves toward a US Nasdaq listing.

Kairos Minerals has acquired the Pincunah Project adjoining its Mt York Gold Project in WA’s Pilbara, unlocking new high-grade gold targets and planning a focused drilling campaign in 2026.

Electro Optic Systems (EOS) reports a record $459 million contract backlog, major new defence contracts including a $120 million laser weapon deal, and a strategic acquisition to boost counter-drone capabilities.

Karoon Energy delivered 2025 production near the upper guidance range, marked by a leadership change and significant operational improvements. The company outlines cautious yet optimistic 2026 growth and cost guidance amid ongoing maintenance and exploration activities.