Latest Due Diligence News

Scout Security reports a 52% jump in quarterly cash receipts and a 31% reduction in operating outflows, while advancing plans to acquire New York’s Roo Inc.

360 Capital Mortgage REIT (ASX, TCF) has initiated a non-renounceable 1-for-1 entitlement offer priced at $5.94 per unit, aiming to raise approximately $45.2 million to fund new loan investments and expand its portfolio.

Buxton Resources has strategically refined its exploration portfolio, acquiring promising copper and gold projects while divesting less aligned assets to accelerate discovery potential and shareholder value.

The XRG Consortium has withdrawn its indicative proposal to acquire Santos Limited, highlighting unresolved regulatory and risk allocation issues. Santos remains confident in its growth strategy, driven by key projects set to boost production and shareholder returns.

Rapid Critical Metals has successfully raised A$14 million through a two-tranche placement, backed by top-tier institutional investors, to fund its acquisition of the Webbs Consol Project and accelerate silver exploration in NSW and Canada.

Coppermoly Limited has secured 100% ownership of the Wyemandoo Project in Western Australia, gaining exposure to key critical minerals amid rising global demand.

Altitude Minerals has secured an exclusive option agreement to acquire the Firenze Silver & Gold Project in Nevada, boasting exceptional surface assays and poised for drilling in 2026.

Aldoro Resources has agreed to sell its non-core projects for approximately $3.3 million, enabling a sharpened focus on its flagship Kameelburg Niobium-REE Carbonatite Project in Namibia. The deal includes a significant share distribution in Sultan Resources to Aldoro shareholders.

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

Peak Rare Earths Limited shareholders are set to vote on Shenghe Resources’ $195 million acquisition offer, which includes a 32% premium over recent share prices. Despite a higher unsolicited bid from GICP, the board recommends accepting Shenghe’s proposal.

Metal Bank Limited has completed due diligence on Hastings Technology Metals' gold assets and is set to commence drilling at the Seven Leaders prospect, marking a key step in its Western Australian gold expansion strategy.

Peak Rare Earths Limited held a pivotal scheme meeting on 16 September 2025 to approve Shenghe Resources’ $195 million acquisition offer, which includes a 23% premium on the original proposal. Despite a higher unsolicited bid, the board recommends shareholders back Shenghe’s cash deal.