Latest Acquisition News

Independent lab tests confirm helium levels over 12 times atmospheric background and hydrogen concentrations exceeding 6,200 times background at Prominence Energy's PEL 803 in South Australia, underpinning a robust subsurface gas system model.

PC Gold has acquired the former Territory Iron accommodation camp near its Spring Hill Gold Project for A$770,000, gaining 64 rooms and full utilities. The move cuts capital costs and development time, supporting exploration and mine development.

Freedom Bidco, Inc. has launched a non-binding cash proposal to acquire all Strata shares at A$0.16 each, matching the last traded price before suspension and offering shareholders a rare liquidity event ahead of Strata's expected ASX delisting.

Rent.com.au has set new records for RentBond® loan volumes in May 2026, fueling revenue growth and positive operating cashflow. The company is on track to double revenue and achieve EBITDA positivity by mid-2027, with recurring revenue surpassing 75% of total income.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.

Diamond Infraco has extended its takeover offer for Atlas Arteria to 25 June 2026, waiving several key conditions and adjusting the timeline for regulatory updates.

Pan African Resources has secured conditional ASX admission, meeting a key requirement in its $311 million scheme to acquire Emmerson Resources. The deal awaits shareholder and court approvals ahead of a June 15 vote.

Northern Star Resources acknowledges activist investor Elliott's stake and proposals, confirms ongoing CEO recruitment, and highlights progress on key projects while rejecting a sale process.

The Supreme Court of Western Australia has approved the scheme of arrangement under which Genesis Minerals will acquire Magnetic Resources, triggering trading suspension and setting a clear timetable for share transfers and new listings.

Reward Minerals has kicked off field activities at its Mountain Pond and Copper Lance projects in Newfoundland, advancing towards maiden drilling at the Jackpot Gold Prospect with sampling results due soon.

Peako Limited is set to acquire a substantial gold exploration portfolio in Saudi Arabia’s emerging Central Arabian Gold Region, backed by a $5.17 million placement to fund near-term drilling and exploration.

Spenda Limited has secured $1.85 million from its institutional entitlement offer at $0.004 per share, progressing its $8.545 million capital raise aimed at debt reduction and product development. The retail component opens next week to raise an additional $6.7 million.