Latest Due Diligence News

AUB Group has ended acquisition talks with EQT and CVC after the consortium declined to proceed with a $45 per share offer. The company reaffirms its FY26 earnings guidance and signals confidence in its organic growth strategy.

Genmin Limited has received a pivotal Letter of Intent from Sino-Hunan International Engineering and Development Co., Ltd to finance and co-develop its flagship Baniaka Iron Ore Project in Gabon, marking a significant step towards production.

Core Energy Minerals Ltd has struck a binding deal to acquire the Itambe Rare Earth Project from Rio Tinto, unlocking a district-scale opportunity in Brazil with soil assays revealing rare earth oxide concentrations exceeding 5,000ppm.

Terra Critical Minerals has inked a binding deal to acquire the True American Tungsten Project in Nevada, a high-grade, historically productive site, while launching a $600,000 entitlement offer to fund exploration amid record tungsten prices.

South Harz Potash Limited has taken a significant step beyond its German potash roots by securing an option to acquire the Glava Copper-Gold-Silver project in Sweden, marking the start of a diversified growth strategy into critical metals.

Asian Battery Metals PLC has reported compelling high-grade copper and gold assay results from its due diligence drilling at the Maikhan Uul project in Mongolia, reinforcing the project's potential as a key copper-gold resource in Central Asia.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares in Venus Metals Corporation Limited at a 21% premium, aiming to consolidate control and potentially delist the explorer.

EQ Resources is progressing the refinancing of its €20 million Spanish debt, securing extensions on Oaktree guarantees while negotiating new financing facilities.

National Storage REIT has received a conditional, non-binding proposal from a Brookfield and GIC consortium to acquire all stapled securities at $2.86 each, triggering an exclusivity period for negotiations.

FIN Resources Limited has strengthened its geological team and commenced on-site assessments at the Cabin Lake Gold Project in Canada, progressing due diligence with promising early results.

Neometals Ltd and partner Omaha Value have secured a 60-day exclusive option to evaluate lithium and potash brines from historic oil and gas wells in Utah’s Paradox Basin, aiming to leverage existing infrastructure for accelerated critical minerals exploration.

Reef Casino Trust has lodged a supplementary statement revealing delays in regulatory approvals that are likely to extend the takeover bid timeline by Iris Cairns Property. The board maintains its recommendation to accept the offer despite the uncertainty.