Latest Strategic Acquisition News

Red Mountain Mining has secured the Yellow Pine Antimony Project in Idaho’s historic Stibnite Mining District, positioning itself near Perpetua Resources’ major gold-antimony reserve. The company’s recent $1.5 million capital raise will fund exploration efforts across this and its Utah project.

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.

Cobalt Blue Holdings has completed the issuance of over 22 million shares following a placement announced earlier this month, leveraging its ASX capacity. The move marks a key step in the company’s capital strategy without requiring additional disclosure.

Tambourah Metals has identified seven promising antimony drill targets at its Speewah Nth project, supported by strong silver and copper anomalies from recent sampling. The company plans up to 1200 metres of reverse circulation drilling pending approvals.

Trigg Minerals has acquired a 100% stake in the Central Idaho Antimony Project, a district-scale high-grade antimony-gold asset in a Tier-1 US jurisdiction, supported by a $5 million strategic placement from Tribeca Investment Partners.

Australian Unity Limited has launched a $120 million equity raising through a non-underwritten entitlement offer and placement, aiming to strengthen its balance sheet and support strategic acquisitions.

Tuas Limited has reported a robust turnaround in FY25 with positive net profit and strong subscriber growth, alongside completing the strategic acquisition of M1 Limited. The company sets sights on further expansion amid regulatory review.

Tuas Limited delivered a strong turnaround in FY25 with a 29% revenue increase and a return to profitability, while announcing a conditional acquisition of Singapore’s M1 Limited that could reshape its market position.

Asian Battery Metals has confirmed excellent copper recoveries of up to 95% from metallurgical testing at its Oval Cu-Ni-PGE discovery in Mongolia, validating a straightforward flotation process for producing marketable copper concentrate.

Metal Bank Limited moves swiftly to expand its Western Australian gold footprint through the acquisition of Hastings Technology Metals’ gold assets and a $2.3 million capital raising aimed at fast-tracking exploration and production.

Enegex Limited has secured a significant gold exploration portfolio in Côte d’Ivoire, acquiring over 3,700 square kilometres of highly prospective permits and setting the stage for near-term drilling. The acquisition is backed by $5 million in funding and the appointment of seasoned West African exploration leader Paul Roberts as Managing Director.

QPM Energy has reported its first-ever profit alongside a 12.6% revenue increase and significant growth in gas reserves and electricity generation capacity.