Latest Acquisitions News

Thor Energy PLC has fast-tracked exploration activities at its newly acquired South Australian hydrogen and helium licence following a promising independent resource assessment. The company reported a net cash outflow but maintains a solid cash position to support upcoming work.

Westar Resources wraps up low-grade drilling at Mindoolah, opts out of acquisition, while progressing exploration at Gidgee North with promising geophysical targets and pending assay results.

GWR Group Limited reported $2.53 million in royalties from the Wiluna Iron Ore Project through February 2025 and continues exploration at its Prospect Ridge Magnesium Project with pending assay results. The company holds strong cash reserves and is actively pursuing a major Western Australian acquisition.

Zeus Resources reports strong progress on its Casablanca Antimony Project acquisition in Morocco, highlighted by exceptional assay results and expanded mineralisation. Concurrently, the company secures a new South Australian tenement for critical minerals and divests its Mortimer Hills Project with royalty upside.

Kaiser Reef Limited has announced a transformative acquisition of the Henty Gold Mine from Catalyst Metals, alongside a substantial capital raise and operational advancements, positioning the company for significant growth in gold production.

Betr Entertainment Limited reported robust Q3 FY25 results, showcasing strong quarter-on-quarter growth and strategic investments including a $15 million equity raise for the TopSport acquisition and a significant stake in PointsBet Holdings.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and advance a superior takeover proposal valued at A$360 million. The move positions betr as PointsBet’s largest shareholder and challenges the existing MIXI scheme with enhanced funding certainty and synergy prospects.

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet Holdings Limited and advance a superior takeover proposal. The move aims to create a leading Australian wagering operator with significant cost synergies and a clear path to ASX 300 inclusion.

betr Entertainment Limited has unveiled a revised $360 million proposal to acquire PointsBet Holdings, backed by a $130 million fully underwritten equity raise and promising $40 million in annual synergies. The offer aims to outmaneuver a competing bid, delivering enhanced funding certainty and operational scale.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

SelfWealth Ltd has secured Federal Court approval for its acquisition by Syfe’s holding company, Svava Pte Ltd, marking a pivotal moment as its shares are suspended from trading on the ASX.

My Rewards International has completed its acquisition of Fly Wallet and strengthened its financial position with a $15 million put option facility, while working to lift its ASX trading suspension.