Latest Acquisition News

AuKing Mining Limited has advanced its strategic footprint with a 15% earn-in agreement at Queensland’s Cloncurry Gold Project and strengthened its board with seasoned mining experts, while navigating financial challenges and project delays.

Albion Resources has secured a binding agreement to acquire the Yandal West Gold Project, unveiling multiple high-grade gold targets for imminent drilling, supported by a $2 million capital raise.

Zoom2u Technologies reported a 5% increase in Q2 FY25 revenue to $1.66 million, alongside a modest EBITDA loss of $29,000. The company also adopted a new Treasury Management Policy to accept Bitcoin payments, signaling strategic innovation.

Zoom2u Technologies reports a positive EBITDA and cash flow for the first half of FY25, driven by growth in its Locate2u and Shred2u platforms, despite a revenue dip in its core Zoom2u delivery service during Q2.

Foresta Group Holdings has raised $3.1 million through a convertible note and share placement, while securing exclusive technology licensing and key offtake agreements to propel its flagship New Zealand biomass project.

Parabellum Resources Limited reported a net cash outflow of $145,000 from operating activities in the December 2024 quarter, maintaining a solid cash position of $1.63 million. The company continues to invest in exploration while refraining from new financing activities.

Parabellum Resources reports a capital return from its Temarise investment and a strategic board reshuffle, while progressing exploration plans across its New South Wales projects.

Reward Minerals has completed the acquisition of the Beyondie Potash Plant, positioning itself to advance its innovative potash processing technologies and reduce production costs. The move, funded through a non-dilutive loan extension, marks a significant step toward commercialising its patented SOP recovery methods.

Redcastle Resources has kicked off an extensive 8,500-metre drilling program across its Eastern Goldfields projects, supported by a recent $3.7 million capital raise and strategic licence acquisition.

FlexiRoam Limited reports a modest decline in quarterly cash receipts amid rising operating outflows but counters with strategic marketing optimizations and a director-backed loan to sustain growth.

Mineral Commodities Ltd reports steady progress on its Munglinup graphite project and secures A$2.4 million in convertible loans, while navigating operational setbacks and a conditional sale of its Skaland asset.

Enova Mining has secured $1.5 million through a two-tranche placement to fund key project developments and exploration activities across its lithium and rare earth assets in Brazil and Australia.