Latest Takeover News

Mako Gold Limited reported a challenging quarter with significant cash outflows and has drawn $500,000 from a $1.5 million loan facility linked to Aurum Resources’ takeover offer. The company’s available funding now covers less than one quarter of its operational needs.

Mako Gold Limited has agreed to a takeover by Aurum Resources, creating a stronger gold exploration entity in West Africa with over A$20 million in cash to accelerate development at key projects.

AUCyber Limited has received a conditional takeover proposal from Interactive Pty Ltd at $0.165 per share, prompting a careful board review against a competing offer from 5GN.

Beam Dental Bidco Pty Ltd has extended its off-market takeover offer for Pacific Smiles Group Limited, pushing the closing date to 11 February 2025. This move signals continued strategic interest and keeps the acquisition prospects open.

Aguia Resources has successfully poured its first gold and silver from the Santa Barbara high-grade project in Colombia, marking a rapid operational milestone following its acquisition of Andean Mining.

Orion Minerals has completed critical Black Economic Empowerment transactions, unlocking the path to project financing for its Okiep Copper Project. Definitive Feasibility Studies for its flagship Flat Mines and Prieska Copper Zinc projects are in final review stages, promising stronger project metrics.

Helix Resources has secured a $500,000 investment from Acta Investment Group, simplifying a proportional takeover and appointing Michael Povey as Executive Chair. Meanwhile, promising copper and gold exploration results from the Cobar region signal potential value creation for shareholders.

Torque Metals and Aston Minerals have confirmed key terms of their all-scrip merger, appointing an independent expert to assess fairness. Aston shareholders will receive one Torque share for every 5.2 Aston shares held.

Aurum Resources has announced the suspension of trading and imminent delisting of Mako Gold from the ASX following its successful takeover. Mako shareholders are urged to accept the offer before the deadline to avoid delays in payment.

Global Lithium Resources Limited has formally requested a review of a recent Takeovers Panel ruling, signaling ongoing regulatory scrutiny that could influence its corporate trajectory.

Global Lithium Resources pauses Definitive Feasibility Study on its flagship Manna Lithium Project due to challenging lithium markets, while advancing strategic acquisitions and exploration in Western Australia.

AUCyber Limited has recommended shareholders accept an increased cash takeover offer from 5G Networks Limited, raising the bid by 22.7% to 13.5 cents per share amid ongoing financial uncertainties.