Latest Due Diligence News

Eagle Mountain Mining has successfully renegotiated its US$7.25 million loan with Vincere, gaining a 12-month repayment extension and a discounted early repayment option tied to key project agreements.

Eagle Mountain Mining has taken significant steps to re-enter its Oracle Ridge copper project in Arizona through a strategic option agreement and a potential joint venture with Japan’s Nittetsu Mining. The deal promises to clear debt and fund early development, setting the stage for a medium-term production restart.

Perpetual Limited has taken a significant step by entering an exclusivity agreement with Bain Capital Private Equity to explore selling its Wealth Management business, though no deal is guaranteed.

RAS Technology Holdings has landed a significant contract to provide racing data and managed trading services for LeoVegas Group’s UK brands, including BetMGM UK, marking a strategic expansion into regulated markets.

BPH Global has locked in a six-month exclusive agreement to evaluate a proprietary ginseng-based formulation aimed at enhancing male vitality, signaling a strategic push into Traditional Chinese Medicine-inspired wellness products.

Tivan Limited has secured six new exploration licenses in Timor-Leste, boosting its critical minerals portfolio with copper, cobalt, and gold prospects. The $500,000 deal complements its existing Turiscai Project and positions the company for accelerated exploration in a largely untapped region.

Winsome Resources has secured a 12-month exclusive option to acquire 38 adjoining claims near its flagship Adina Lithium Project in Québec, potentially unlocking new lithium-bearing pegmatite targets.

Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.

Bastion Minerals has agreed to acquire the Ninnis Gold Project in Western Australia’s Northern Goldfields for $125,000 in shares plus a 1.5% royalty, marking a strategic move into a prolific gold region. The early-stage project shows promising geological similarities to major nearby deposits, with exploration set to begin immediately after completion.

Cash Converters International Limited (ASX – CCV) has announced a fully underwritten $25 million equity raising to finance the acquisition of a 29-store Australian franchise network, aiming to expand its corporate footprint and accelerate growth.

Forrestania Resources has extended its option to acquire the Hyden Project, including the Lady Ada and Lady Magdalene gold deposits, with new monthly extension terms that impact its acquisition timeline and costs.

Locksley Resources has received a non-binding Letter of Interest from the U.S. Export-Import Bank indicating potential financing support of up to US$191 million for its Mojave Project, aligning with U.S. efforts to rebuild domestic critical minerals supply chains.