Latest Strategic Acquisition News

Tasmea Limited forecasts a robust 34% increase in net profit after tax for FY26, driven by a record order book and strategic acquisitions, while reaffirming its FY25 earnings guidance.

Lightning Minerals Ltd has requested a voluntary suspension of its shares on the ASX as it prepares to announce a significant acquisition and capital raising. The suspension is set to last until the announcement or the resumption of trading on 27 June 2025.

Augustus Minerals has secured a key position in the Mt Kare Gold Project by acquiring ACM Contract Mining PNG Ltd, positioning itself second-in-line for the exploration license in Papua New Guinea.

Xero Limited has announced a binding agreement to acquire Melio Limited for US$2.5 billion, backed by a fully underwritten A$1.85 billion equity raise. This strategic move aims to accelerate Xero’s US growth and more than double its FY25 revenue by FY28.

Pilot Energy has completed the first stage of acquiring full ownership of the Cliff Head Oil Joint Venture assets, positioning itself to advance a pioneering carbon capture and storage project with new international partners.

FOS Capital has completed its acquisition of Aldridge Traffic Systems, backed by a $3.7 million placement, marking a strategic expansion in the Australian lighting market.

Xstate Resources has appointed joint lead managers for a $2-3 million capital raise aimed at re-compliance with ASX listing rules and trading reinstatement. The company also plans a key acquisition pending shareholder approval.

Infragreen Group Limited has launched a $40 million initial public offering to accelerate growth in sustainable infrastructure across Australia and New Zealand, while strengthening its balance sheet through significant debt repayment.

Zenith Minerals has announced a significant 41% increase in the inferred gold resource at its Dulcie Far North Project, now totaling 302,000 ounces. This milestone follows extensive drilling and strategic land consolidation, positioning the project for further growth.

Matsa Resources has confirmed the unconditional status of its A$113 million option agreement with AngloGold Ashanti for the Lake Carey Gold Project, triggered by rising gold prices and strategic payments.

Leeuwin Metals has completed a significant phase of drilling at its Marda Gold Project, with assay results pending and plans underway for further exploration at a high-grade target.

Sunshine Metals has exercised its option early to acquire the Sybil Epithermal Gold Project, setting the stage for drilling to commence in July-August 2025. The project boasts historic high-grade gold results and strategic significance near Charters Towers.