Latest Due Diligence News

Sims Limited is consolidating its Houston footprint by acquiring Tri Coastal Trading assets and selling its Mayo Shell property, aiming to boost EBITDA and cut costs significantly.

Wellnex Life Limited is exploring acquisition interest and convertible note funding to accelerate Pain Away's expansion and strengthen its financial footing, signaling a pivotal phase in its turnaround journey.

Eagle Mountain Mining has reached a key milestone as Nittetsu completes due diligence on the Oracle Ridge copper project, moving closer to signing a joint venture agreement expected in April 2026.

Pepper Money has received a non-binding indicative proposal from Challenger and Pepper Group to acquire 100% of its shares at $2.60 each, sparking exclusivity talks and due diligence.

Careteq Limited has agreed to sell its Embedded Health Solutions business for $5 million, aiming to strengthen its balance sheet and focus on expanding its home medication review platform amid ongoing tax disputes.

Ardea Resources’ subsidiary Kalgoorlie Nickel Pty Ltd has received conditional, non-binding letters of support from Export Finance Australia and the US Export-Import Bank for up to AUD 1 billion in financing for its Goongarrie Hub nickel-cobalt project.

Stellar Resources has gained consent to apply for a mining licence adjacent to its Heemskirk Tin Project, advancing plans for a key tailings storage facility and exploring regional processing options.

Klevo Rewards Limited’s subsidiary Fly Wallet has secured key Mastercard compliance and earned over AUD 550,000 in incentives, marking a significant step in its payments platform evolution.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.

Viking Mines has reported outstanding tungsten assay results up to 14.7% WO3 from surface sampling at its Nevada Linka Project, validating historical high-grade mineralisation across multiple sites. These findings underpin the company’s strategic push towards drilling and development in the US tungsten sector.

Summit Minerals has postponed its General Meeting to late February to finalise the Keystone Project acquisition, while advancing exploration with a completed aeromagnetic survey.

Apiam Animal Health shareholders convened on 3 February 2026 to vote on a scheme of arrangement proposing acquisition by Adamantem Capital Fund II, with the board unanimously recommending approval. The scheme offers $0.87 cash per share or scrip alternatives, pending final court approval.