Latest Acquisition News

Praemium Limited reports a 2.2% increase in funds under administration for Q4 FY25, driven by strong gains in Spectrum and SMA platforms, alongside operational upgrades including AI-driven initiatives. However, OneVue platform experiences a significant decline.

Praemium reports a 12% rise in total Australian funds under administration to $64.3 billion in Q4 FY2025, driven by strong inflows into its Spectrum platform and growth in Separately Managed Accounts. However, Powerwrap continues to face net outflows.

Insignia Financial has agreed to a $4.80 per share acquisition offer from CC Capital, representing a 56.9% premium over its recent share price. The Board unanimously recommends the scheme, pending regulatory and shareholder approvals.

88 Energy Limited reports significant progress on its Alaskan projects with a robust prospective resource base and advancing farm-out deals, while securing a key license extension in Namibia and negotiating asset divestment in Texas.

OMG Group Limited has reported a remarkable 253% increase in quarterly cash receipts for Q4 FY25, driving annual revenues up 63% to $4.13 million and positioning the company for further growth in FY26.

Advance Metals has entered a binding agreement to earn a 100% interest in the high-grade Guadalupe y Calvo gold-silver project in Mexico, significantly expanding its resource base to over 100 million ounces silver-equivalent across three projects.

BetMakers Technology Group delivered a standout Q4 FY25 with record adjusted EBITDA and improved margins, while announcing a strategic acquisition to deepen its US market presence.

BetMakers Technology Group capped FY25 with its strongest quarterly results ever, showcasing record profitability, positive cash flow, and a debt-free balance sheet. The company’s strategic investments and recent capital raise set the stage for accelerated growth in FY26, including a key acquisition in Nevada.

Macro Metals Limited and WA Limestone have completed the acquisition of the Derby East Construction Sands Project near Derby, WA, positioning themselves to tap into growing Southeast Asian sand markets. The project offers low-risk mining potential with strong logistics links to the Port of Derby.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Sky Network Television is set to acquire Discovery NZ for a nominal $1, instantly boosting its revenue by around NZD 95 million and expanding its digital footprint through the ThreeNow platform.

DY6 Metals has significantly expanded its rutile and heavy mineral sands footprint in Cameroon while uncovering high-grade gallium mineralisation in Malawi, backed by a fresh A$4.625 million capital raise.