Latest Asset Transactions News

TPG Telecom has received Foreign Investment Review Board approval to sell its fibre and fixed Enterprise, Government and Wholesale assets to Vocus for $5.25 billion, marking a pivotal step in its strategic reshaping.

Rapid Critical Metals has agreed to sell its Tin Mountain mining claims in South Dakota to Iris Metals, receiving a mix of shares, cash, and a royalty arrangement that reshapes its asset portfolio.

Silver Mines Limited has secured two historic Californian projects, Calico North and Kramer Hills, adding significant silver and gold exploration potential to its portfolio with minimal upfront cash outlay.

Credit Intelligence Ltd has announced a conditional agreement to sell its loss-making subsidiary Credit Intelligence Holding Limited for AUD 1.5 million, pending shareholder approval and regulatory clearances.

Mineral Commodities Ltd has confirmed an extension to the completion deadline for the sale of its Skaland Graphite Project, now set for no later than June 9, 2025, with financial penalties if delayed further.

Thunderbird Resources has launched maiden exploration programs at its newly acquired NSW gold-antimony projects, uncovering promising historical high-grade assays and expanding its tenement holdings. Concurrently, the company advances copper exploration in Peru and contemplates uranium asset transactions in Canada.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Leo Lithium Limited reports a robust cash position of $269.3 million following the sale of a 40% stake in MLBV, underpinning its financial strength amid ongoing operational expenditures.

The Star Entertainment Group has agreed to sell its Sydney Event Centre assets to Foundation Theatres for $60 million, marking a strategic shift in its property portfolio.