Latest Acquisitions News

New Murchison Gold turned its Crown Prince operation into a powerful cash generator, reporting $146.95 million in net profit after tax and $201.7 million in cash for the nine months to 30 June 2026. The next test is whether Cloudkicker, Lydia and the Crown Prince underground opportunity can extend that performance.

Lac Gold’s first 15,000-metre drilling campaign at Rouyn has strengthened its geological model, including a standout 5.65-metre intersection grading 141.29 g/t gold. But the annual report also flags a material uncertainty over going concern as the company approaches its first C$6.67 million promissory note repayment.

Fin Resources’ first drilling campaign at Cabin Lake delivered gold in all eight holes, including two high-grade shallow intersections at Arrow. But the ASX-listed explorer also reported a sharply wider loss, a major impairment and an auditor-highlighted material uncertainty over its ability to continue without further capital.

The Australian Wealth Advisors Group Ltd (ASX:WAG) has replaced its unaudited FY2026 result with audited accounts showing $1.21 million in profit before tax and $889,469 after tax. The result comes as AWAG exits CHPW, expands its advisory investments and lifts its authorised representative target to about 150 by December.

D3 Energy has lifted its combined 2C recoverable helium resource by 65% to 35.6 BCF while securing A$6.12 million in fresh capital. The annual report also shows the cost of advancing the portfolio, with the FY2026 loss widening to A$6.11 million and operating cash outflow reaching A$3.84 million.

Sunshine Metals reduced its annual loss and ended June with $20.6 million in cash, but its auditor flagged a material uncertainty over the company’s ability to continue as a going concern. The warning comes as Sunshine funds the Mt Moss processing conversion, faces a $10 million deferred payment and targets first gold in mid-2027.

Sonic Healthcare delivered a strong FY2026, with underlying net profit up 17% to A$621 million and dividends rising to A$1.08 per share. The next test is whether US efficiencies, LADR synergies and organic growth can offset Swiss fee cuts, a delayed UK contract ramp-up and heavier investment demands.

Narryer Metals has advanced its Australian critical-minerals portfolio and agreed to acquire the Redhill Copper Project, but its FY2026 accounts flag a material uncertainty over continued funding. The company ended the year with A$1.36 million in cash after a A$1.32 million loss attributable to shareholders.

Iris Cairns Property has lodged a formal, unconditional cash offer for the Reef Casino Trust units it does not already own, valuing the maximum transaction at about A$33.1 million. The bid gives remaining unitholders a 29.54% premium to the latest pre-offer closing price, but points towards tighter liquidity, possible delisting and lower future distributions.

Nick Scali delivered a sharp recovery in FY26 earnings, with net profit rising 31.2% to $75.7 million as gross margins widened and the UK loss narrowed. The furniture retailer is entering FY27 with a larger showroom network, a new distribution centre and four further ANZ openings planned.

Comet Ridge now controls the entire Mahalo Gas Hub after completing its Santos buyout, but the annual report flags a material uncertainty over funding and a potential $28.7 million CleanCo settlement. The company is targeting a final investment decision while remaining pre-production and reliant on further finance.

Lachlan Star’s 2026 annual report puts its 90%-owned New Waverley project at the centre of the company’s exploration strategy after drilling outlined shallow, high-grade gold mineralisation across roughly 400 metres. The company ended the year with $6.52 million in cash, but remains loss-making and without a mineral resource or ore reserve.