Latest Acquisitions News

Australian Strategic Materials (ASM) has postponed its shareholder Scheme Meetings to early August 2026, following Energy Fuels’ major financing and acquisition moves. The updated timetable awaits court and regulatory approvals, with the ASM board maintaining its unanimous recommendation.

ALS Limited (ASX:ALQ) has delivered a landmark FY26 with underlying net profit after tax surging 25.8% to $381.2 million, beating 2027 targets a year early and raising its dividend by 10%. The company continues to invest heavily in automation, digital initiatives, and laboratory expansions while advancing its climate strategy amid a post-year-end cyber incident.

The Elmet Group has exercised its option to acquire 20 million shares in EQ Resources, lifting its stake to over 23.6 million shares and reinforcing a strategic partnership that aligns mining and manufacturing in the Western tungsten supply chain.

Genesis Minerals (ASX:GMD) reports robust drilling results at Laverton, underpinning plans to expand processing capacity and organic growth. The completion of the A$639 million Magnetic Resources acquisition adds 2.2Moz to resources, lifting total resources to 21.3Moz and reserves to 5.4Moz.

Duxton Farms has agreed to sell its recently acquired apples business for $9.2 million, marking a strategic pivot away from horticulture towards core development projects and higher-return investments.

Turnstone Resources has reported standout rock chip assays up to 31.6g/t gold and 12.9% copper at its Glava project in Sweden, alongside validation of historic drill core at Torsby West, reinforcing the potential for a sizeable copper-gold system.

Platina Resources has secured full ownership of the Sunrise Bore Project near Laverton, WA, and kicked off a 2,775-metre drilling program targeting a historically mineralised gold corridor.

CZR Resources (ASX:CZR) has launched a recommended all-scrip takeover bid for Zuleika Gold (ASX:ZAG), valuing the company at $44.8 million and offering a significant premium to Zuleika shareholders.

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Ashley Services Group is set to acquire major logistics labour hire contracts generating $162 million in annual revenue, with the deal expected to enhance earnings per share in FY27.

Pilot Energy remains suspended from trading as it pursues strategic funding for its Cliff Head Carbon Storage Project, securing $500,000 in short-term loans to support working capital.

Toro Energy has officially been acquired by IsoEnergy’s subsidiary through a scheme of arrangement, with Toro shares now delisted from the ASX and shareholders receiving IsoEnergy shares as consideration.