Latest Due Diligence News

Rincon Resources has secured an option to acquire the Crackerbox Gold Project in Western Australia, a site rich in historical gold and copper mineralisation with promising drill results. The company plans to leverage extensive past exploration data to define a significant resource.

Australian Gold and Copper Ltd expands its South Cobar Project by acquiring a key tenement, boosting its exploration footprint to 1,400km² and reinforcing its position in a promising mineral province.

Genetic Technologies Limited has signed binding term sheets to acquire Ellerfield Wealth and Walker Capital, marking a strategic shift into wealth management backed by a $7.8 million valuation and pending ASX approvals.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

Victor Group Holding Ltd has agreed to acquire a 15% stake in Australian fintech iRich Finance through a share issuance, aiming to enhance its platform and software services without altering its operational independence.

BetMakers Technology Group launches a $13.5 million equity raise to fund the acquisition of Las Vegas Dissemination Company and strengthen its financial position amid improving operational metrics.

Anax Metals has issued a detailed clarification on its recent $3.3 million convertible note placement with Mineral Development Partners, addressing inconsistencies in shareholder approval disclosures and announcing strengthened compliance measures.

Andromeda Metals has achieved a key financing milestone with Merricks Capital's credit approval of a A$75 million debt facility, advancing the Great White Project towards final investment decision.

Dominion Income Trust 1 (ASX – DN1) has announced a wholesale placement of 450,000 new units, aiming to raise $45.45 million at $101 each. The placement targets wholesale investors and supports monthly distributions with a competitive target return.

BetMakers Technology Group reports solid Q3 FY25 financial gains alongside a strategic binding agreement to acquire Nevada’s LVDC, expanding its global racing technology footprint.

BetMakers Technology Group is poised to expand its North American footprint by acquiring LVDC, Nevada’s exclusive pari-mutuel wagering provider, targeting an initial A$4 million in annual revenue.

PointsBet has secured a significantly improved acquisition proposal from MIXI, lifting the cash offer by 13.2% to $1.20 per share and postponing the shareholder vote to June 25. The move intensifies the takeover battle amid ongoing regulatory approvals and a rival bid from Betr Entertainment.