Latest Acquisitions News

Novo Resources Corp. reported a net loss of CAD 22.4 million for 2025, slightly improving from the previous year, while securing a $5.9 million capital raise to support ongoing exploration and operations.

Insignia Financial has secured a crucial regulatory approval from APRA, advancing the proposed acquisition by Daintree BidCo. The deal now moves closer to a shareholder vote scheduled for mid-April.

Chariot Resources has raised A$2.1 million through a share placement, attracting institutional and sophisticated investors to back its expanding lithium projects in the US and Nigeria. The placement includes free attaching options, pending shareholder approval.

Sequoia Financial Group faces a pivotal shift as HUB24 stops accepting new business from its InterPrac Financial Planning advisers, prompting a strategic transition for the company’s adviser network.

EV Resources has restructured its Tecomatlán plant acquisition to fast-track antimony production with a low-risk, milestone-based payment plan. Refurbishment is underway, supported by strong metallurgical results and a clear path to near-term output.

Novo Resources has officially listed over 25 million free-attaching options on the ASX, following its recent capital raising. These options, exercisable at 15 cents, underpin the company’s ongoing exploration ambitions across Western Australia and New South Wales.

Horizon Oil has released a first supplementary and replacement bidder’s statement for its off-market takeover offer for Cue Energy, proposing a mix of cash and shares that values Cue at a 10-14% premium. The deal aims to create a diversified oil and gas producer across Asia-Pacific with significant synergies.

Great Dirt Resources has appointed seasoned mining executives Tim Laneyrie and Sam Brooks to its leadership team, aiming to accelerate exploration and strategic acquisitions. These moves coincide with governance changes and a new corporate address, signalling a fresh phase for the ASX-listed explorer.

McLaren Minerals has revealed promising high-grade heavy mineral results from its newly acquired Barossa Project in South Australia's Eastern Eucla Basin, highlighting significant zircon and ilmenite content. The company plans follow-up exploration in 2026 to expand and validate these findings.

Infotrust has agreed to acquire Canberra-based Catalyst Cyber, marking a strategic push into federal government cyber security markets with an expected earnings boost from the deal.

Magnetic Resources NL is set to be acquired by Genesis Minerals Limited, with outstanding options cancelled for cash following an ASX waiver. Performance rights will vest and be exercised prior to the scheme’s record date.

Reward Minerals has executed a binding agreement to acquire the Mountain Pond Gold Project in Newfoundland, featuring high-grade gold and copper assays and no prior drilling. The company plans to commence drill testing in the 2026 field season.