Latest Due Diligence News

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.

Medallion Metals has partnered with global commodity trader Trafigura to secure up to US$50 million in funding and a 7-year copper and gold offtake agreement, advancing its Ravensthorpe Gold Project development.

First Au Limited has struck a deal granting AustChina Holdings an exclusive 19-month option to acquire its Eastern Victorian Goldfield Project, unlocking value from a non-core asset while sharpening focus on its African and Western Australian ventures.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 franchise stores, expanding its corporate footprint on Australia's East Coast. The move aligns with its growth strategy targeting disciplined franchise acquisitions in Australia and the UK.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 Australian franchise stores, aiming to expand its corporate store network and enhance earnings. The move is backed by major shareholder EZCORP, signaling confidence in the company’s growth strategy.

AustChina Holdings has entered a binding agreement to acquire an exclusive option on the Eastern Victorian Goldfield Project, a promising portfolio rich in gold, base metals, and critical minerals. The move complements its existing Tasmanian and Queensland assets and sets the stage for an aggressive exploration campaign.

Infinity Metals reports progress on its San Jose lithium mining license application in Spain while facing drilling delays and strategic shifts in its Australian gold-copper projects.

Sunrise Energy Metals has nearly doubled its scandium resource at the Syerston Project and attracted significant US government financing interest, underscoring the strategic value of its critical minerals assets amid tightening global supply.

Prime Financial Group has secured two strategic acquisitions across its Wealth and Business segments, alongside executing a Non-Binding Indicative Offer for a major Wealth sector target and appointing a new CFO.

Great Northern Minerals has completed its strategic acquisition of the Catalyst Ridge Project in California, positioning itself in a key US critical minerals hub with promising rare earth and antimony prospects.

Orion Minerals has taken a major step forward by signing a non-binding term sheet with Glencore for up to US$250 million in financing and offtake agreements, advancing its Prieska Copper Zinc Mine towards production.

Australian Oil Company Limited has announced an $800,000 capital raising through a two-tranche share placement aimed at advancing its Californian oil and gas projects and exploring new growth opportunities.