Latest Acquisitions News

Leeuwin Metals Limited (ASX:LM1) has secured a transformative acquisition of the Marda Gold Project, significantly enhancing its portfolio with a high-grade gold asset in Western Australia. The company also announced a $3.25 million capital raising to fund extensive exploration across its Australian and Canadian projects.

Leeuwin Metals has secured A$3.25 million through a two-tranche placement, positioning the company to complete its transformative Marda Gold Project acquisition and ramp up exploration across Australia and Canada in 2025.

Leeuwin Metals has inked a binding deal to acquire the Marda Gold Project from Ramelius Resources, marking a strategic expansion into Western Australia's prolific goldfields. Alongside promising iron ore results from its West Pilbara project, Leeuwin is positioning itself as a diversified explorer with significant growth potential.

XPON Technologies reports a modest 2% increase in martech revenue and a strong cash position for Q2 FY25, while navigating an 8% decline in annualised recurring revenue amid strategic sales recalibration.

Myer Holdings has completed its strategic acquisition of Just Group, adding five key apparel brands to its portfolio and issuing 890.5 million new shares to Premier Investments.

Energy Resources of Australia (ERA) reports a robust cash position following a $766 million entitlement offer, advancing rehabilitation at its Ranger Project while seeking to extend its operational authority beyond January 2026.

Medallion Metals Limited has intersected multiple zones of semi-massive to massive sulphides at its Harbour View deposit, reinforcing confidence in the continuity of mineralisation at the Ravensthorpe Gold Project. Ongoing metallurgical testwork and drilling progress the company toward a Final Investment Decision in late 2025.

Adavale Resources has completed the acquisition of a majority interest in the Parkes Gold-Copper Project, positioning itself near major NSW mining hubs with plans to upgrade historical resources and accelerate exploration.

FMG Pilbara Pty Ltd, a Fortescue subsidiary, has initiated an off-market takeover offer for Red Hawk Mining, proposing $1.05 per share with a potential increase to $1.20 contingent on acquiring a 75% stake. The Red Hawk Board unanimously endorses the bid, highlighting a significant premium and strategic implications for shareholders.

Australian Oil Company Limited has secured an increased consideration in its Red Earth Assets divestment, receiving A$660,000 upfront while deferring A$540,000 to March 2025.

IperionX has completed its inaugural end-to-end titanium powder production cycle using its proprietary HAMR process and secured exclusive rights to breakthrough titanium technologies, positioning itself for expanded manufacturing capacity and strong market demand.

Pureprofile Limited has upgraded its FY25 financial guidance following a robust first half, highlighted by a 22% revenue increase and a 30% surge in Q2, driven by strong international expansion and automation adoption.