Latest Due Diligence News

Deterra Royalties delivered a robust FY25 with a 10% revenue increase and a strategic acquisition that diversifies its commodity exposure. The company’s flagship iron ore royalty remains a strong cash generator as the Thacker Pass lithium project moves into construction.

HMC Capital has reported a record FY25 with pre-tax operating earnings soaring 74% and EPS up 51%, driven by strong asset growth and diversified platform success. The company sets a confident FY26 outlook targeting sustained organic growth and stable dividends.

Pacgold Limited has entered a farm-in agreement to acquire up to 100% of the St George Gold-Antimony Project in North Queensland, unlocking exposure to a critical mineral with soaring prices and strong geopolitical demand.

Universal Biosensors has extended the due diligence period with major investor Viburnum Funds as it continues to negotiate a secured loan facility, with no binding commitment yet reached.

Power Minerals reports compelling high-grade niobium and rare earth element intersections from early-stage auger drilling at its Santa Anna Project in Brazil, extending the known mineralised footprint and reinforcing confidence in a significant resource.

Apiam Animal Health has received a non-binding indicative proposal from Adamantem Capital Management to acquire the company at $0.88 per share, sparking a potential shift in ownership for the veterinary services leader.

betr Entertainment Limited has launched a superior all-scrip takeover offer for PointsBet Holdings Limited, valuing PointsBet shares between $1.22 and $1.29 each and aiming to create Australia’s fourth largest online wagering operator. The deal promises substantial cost synergies and strategic growth opportunities.

betr Entertainment Limited has lodged a replacement bidder’s statement enhancing its all-scrip takeover offer for PointsBet Holdings Limited, promising significant cost synergies and a stronger foothold in Australia’s wagering market.

Botala Energy has raised A$1.5 million through a discounted share placement to fund critical drilling and feasibility work at its Serowe CBM Project in Botswana. Directors and the CEO are backing the raise, signaling confidence in the project’s potential.

Resolution Minerals has explained its decision to disclose an unsolicited $225 million offer from Snow Lake Resources for its Horse Heaven Project, despite the offer being non-binding and Snow Lake’s market cap being significantly lower. The company also detailed its recent advisor change amid NASDAQ listing plans.

Orbminco Limited reports promising new geophysical survey results at its Bronze Fox Project in Mongolia while navigating a significant tax dispute currently under appeal.

Asian Battery Metals PLC has secured an exclusive option to acquire the Maikhan Uul copper-gold project near its flagship Oval discovery in Mongolia, alongside a new exploration tenement, enhancing its critical minerals portfolio.