Latest Acquisition News

Oldfields Holdings navigated a challenging first quarter of FY2026 with tight cash flow and subdued sales but made strategic moves to streamline operations and bolster scaffold order backlogs for growth.

Pilot Energy has made significant strides in its offshore Perth Basin exploration with environmental approval for a major seismic survey and secured substantial financing to support its ongoing projects and transition to clean energy.

AXP Energy has drilled its inaugural vertical well in Oklahoma following a significant lease acquisition and raised A$2.7 million to fund exploration, while production in Colorado declined due to operational challenges.

Sultan Resources has secured $1.1 million through a placement to fund the acquisition of three promising gold and critical minerals projects in Namibia and Western Australia, marking a significant step in its strategic expansion.

Askari Metals has secured a major foothold in Ethiopia’s Arabian-Nubian Shield through the acquisition of the Nejo Gold and Copper Project, setting the stage for a high-impact exploration campaign supported by a new capital raise.

Victor Group Holdings reported $1.475 million revenue from cloud services in China but faced a $523,000 negative cash flow due to upfront project costs, with management expecting a turnaround next quarter.

Cleo Diagnostics has secured positive FDA feedback and nearly 1,600 biobank samples, accelerating its ovarian cancer blood test development ahead of a planned 2026 U.S. market entry.

RMA Global Limited kicked off FY26 with a robust 21% increase in recurring revenue, driven by the rollout of Curated Social and a strategic pivot to target US brokerages exclusively. The company’s new Social Studio platform is gaining traction across the US, Australia, and New Zealand.

Diablo Resources has completed its maiden drilling at the Phoenix Copper Project in Utah and secured $2 million in fresh capital to accelerate exploration and expand its US critical minerals portfolio.

M3 Mining Limited has raised $2.25 million to fund ongoing exploration at its Edjudina Gold and Victoria Bore Copper projects, advancing aircore drilling and geophysical reviews in Western Australia.

Red Mountain Mining has bolstered its critical minerals portfolio with key acquisitions in the US and promising exploration outcomes across its global projects, supported by a recent $1.5 million capital raise.

MPR Australia Limited has finalized the sale of its core renewable energy business for approximately $19 million, marking a significant strategic shift. The company now plans to explore options including returning capital to shareholders or acquiring a new business.