Latest Due Diligence News

Energy Transition Minerals Ltd has issued a prospectus offering up to 68.75 million free-attaching quoted options to placement participants as part of a $9.35 million capital raising. The options, exercisable at $0.12 and expiring in 18 months, aim to support expansion in Greenland and project development despite ongoing litigation risks.

Kalamazoo Resources reports robust assay results from its Ashburton Gold Project and secures $1.13 million in capital to fuel ongoing exploration across Western Australia and Victoria.

Peako Limited reports compelling exploration results from its East Kimberley projects alongside the granting of new lithium-focused tenements and a successful $1.8 million capital raise.

Genesis Energy's FY25 Q2 report highlights a strategic pivot towards renewable energy and enhanced portfolio flexibility, marked by the Lauriston solar farm's early generation and a sharp cut in carbon emissions, even as total generation declined.

IPB Petroleum has appointed a new chairman and is intensifying efforts to secure funding for drilling its key Browse Basin assets, while maintaining a strong cash position and exploring new project opportunities.

Discovery Alaska Limited is actively assessing new project opportunities and reviewing strategies for its key Alaskan gold assets, while maintaining cautious financial management with limited cash reserves.

Peregrine Gold Limited has agreed to sell its Deadman Flat and Perry Creek Project to Capricorn Metals Ltd for A$1.5 million in shares, while maintaining upside through royalties and milestone payments. This deal strengthens Peregrine’s balance sheet and accelerates its focus on the Tin Can Trend exploration.

Great Divide Mining has completed due diligence on the Adelong Gold Project, clearing the way to acquire a 15% stake and take operational control. The company aims to swiftly restart production at the historic mine.

Insignia Financial has received a second revised indicative proposal from Bain Capital to acquire the company at A$4.60 per share, matching a rival bid and signaling a competitive acquisition process.

Great Divide Mining has completed its due diligence on the Adelong Gold Project, paving the way for a strategic stake acquisition and operational control aimed at resuming gold production within a year.

Catalina Resources has made significant strides in its mineral exploration portfolio, acquiring over 650 km² in the Central Yilgarn and reporting promising high-grade gold and rare earth element intersections across multiple projects.

Nanoveu has completed due diligence and is set to finalise its acquisition of EMASS, integrating cutting-edge AI-enabled SoC technology into its EyeFly3D™ platform to expand applications across wearables, IoT, and smart devices.