Latest Acquisition News

FOS Capital has completed its acquisition of Aldridge Traffic Systems, backed by a $3.7 million placement, marking a strategic expansion in the Australian lighting market.

Flagship Minerals has exited its lithium project in Chile amid market oversupply, redirecting resources to its Pantanillo Gold Project with a significant 1.05 million ounce gold resource estimate.

Novo Resources Corp has significantly enhanced its exploration portfolio with new farm-in agreements and a joint venture with Northern Star Resources, targeting standalone gold and copper projects with over 1 million ounces potential.

Xstate Resources has appointed joint lead managers for a $2-3 million capital raise aimed at re-compliance with ASX listing rules and trading reinstatement. The company also plans a key acquisition pending shareholder approval.

Engenco Limited is set for trading suspension and delisting from the ASX after Elph Investments secures a 95.57% stake and moves to compulsorily acquire remaining shares.

Infragreen Group Limited has launched a $40 million initial public offering to accelerate growth in sustainable infrastructure across Australia and New Zealand, while strengthening its balance sheet through significant debt repayment.

Greatland Resources Limited is set to list on the ASX following a corporate reorganisation, showcasing robust production at its Telfer gold-copper mine and advancing development at the Havieron project.

Donaco International Limited has entered a binding acquisition scheme with On Nut Road Limited at A$0.045 per share, deemed fair and reasonable by an independent expert. The Board unanimously recommends shareholder approval ahead of the August 2025 vote.

The Reject Shop held a virtual Scheme Meeting approving Dollarama's $6.68 per share acquisition offer, reflecting a substantial premium and unanimous board support. The deal now awaits Federal Court approval, with implementation expected by late July.

Boab Metals has successfully raised $6 million through a share placement and an ATM set-off, positioning the company to advance its Sorby Hills Project in Western Australia.

Zenith Minerals has announced a significant 41% increase in the inferred gold resource at its Dulcie Far North Project, now totaling 302,000 ounces. This milestone follows extensive drilling and strategic land consolidation, positioning the project for further growth.

Matsa Resources has confirmed the unconditional status of its A$113 million option agreement with AngloGold Ashanti for the Lake Carey Gold Project, triggered by rising gold prices and strategic payments.