M&A and equity raisings
1,881 deals since January 2025, each with its advisers and sources · as at 10 Nov 2026 · Venture rounds
1,881 deals · A$506bndisclosed · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| Dec 2025 | Cobalt Blue Holdings | – | – | Placement | Completed | 5.3 | Lithium and battery metals | Pamplona Capital (lead manager)Bell Potter (lead manager) |
| Dec 2025 | Felix Gold | – | – | Placement | Completed | 18.0 | Gold and silver | Petra Capital (lead manager) |
| Dec 2025 | Locksley Resources | – | – | Placement | Completed | 17.0 | Rare earths, mineral sands and critical minerals | Alpine Capital (lead manager)Titan Partners Corporate Finance (lead manager) |
| Dec 2025 | Norwood Systems | – | – | Placement | Completed | 0.7 | Software | Red Leaf Securities (lead manager) |
| Dec 2025 | Sunstone Metals | – | – | Placement | Completed | 8.0 | Gold and silver | Morgans (lead manager)Shaw and Partners (lead manager) |
| Dec 2025 | True North Copper | – | – | Placement | Completed | 12.5 | Copper and base metals | Morgans (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Sydney Desalination Plant | Ontario Teachers' Pension Plan | Utilities Trust of Australia | Acquisition | Completed | – | Water | Johnson Winter Slattery (buy-side) |
| Dec 2025 | Winchester Energy | – | – | Placement | Announced | 0.3 | Oil and gas | CPS Capital Group (lead manager) |
| Dec 2025 | Exultant Mining | – | – | IPO | Listed | 5.0 | Copper and base metals | Steinepreis Paganin (issuer)Hall Chadwick (issuer)Mining Insights (issuer)Mining Access Legal (issuer)GBA Capital (lead manager)Bay Financial (lead manager) |
| Dec 2025 | Frontier Energy | – | – | Placement | Completed | 11.5 | Renewable energy and storage | Euroz Hartleys (lead manager)Bell Potter (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Astral Resources | – | – | Placement | Completed | 65.0 | Gold and silver | Euroz Hartleys (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Simberi Gold Project | St Barbara | Kumul Mineral Holdings | Stake | Announced | 100.0 | Gold and silver | Allens (sell-side)Gilbert + Tobin (buy-side) |
| Dec 2025 | Talga Group | – | – | Placement | Completed | 14.5 | Lithium and battery metals | Allens (issuer)Euroz Hartleys (lead manager)Bell Potter (lead manager) |
| Dec 2025 | Thrive Tribe Technologies | – | – | Placement | Completed | 0.3 | Software | Clee Capital (lead manager) |
| Dec 2025 | Torque Metals | – | – | Placement | Completed | 15.0 | Gold and silver | Evolution Capital (lead manager)Morgans (lead manager) |
| Dec 2025 | ARC Funds | – | – | Placement | Completed | 0.7 | Asset and wealth management | K&L Gates (issuer)Morrison Securities (issuer) |
| Dec 2025 | Nelson Resources | – | – | Placement | Completed | 3.3 | Gold and silver | Euroz Hartleys (lead manager) |
| Dec 2025 | Ore Resources | – | – | Placement | Completed | 7.5 | Gold and silver | Canaccord Genuity (lead manager)Alpine Capital (lead manager) |
| Dec 2025 | Victorian Livestock Exchange | – | Palisade Investment Partners | Acquisition | Announced | – | Agriculture and agribusiness | Kidder Williams (buy-side) |
| Dec 2025 | Strata Minerals | – | – | Placement | Completed | 1.2 | Gold and silver | CPS Capital Group (lead manager) |
| Dec 2025 | WIN Metals | – | – | Placement | Completed | 5.5 | Gold and silver | GBA Capital (lead manager) |
| Dec 2025 | Acusensus | – | – | Placement | Completed | 30.0 | Software | Morgans (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Alexium International Group | – | – | Entitlement offer | Completed | 6.8 | Chemicals and fertilisers | Steinepreis Paganin (issuer) |
| Dec 2025 | Embark Early Education | – | – | Placement | Completed | 12.0 | Education and childcare | Unified Capital Partners (lead manager) |
| Dec 2025 | Winsome Resources | – | Li-FT Power | Scheme | Completed | – | Lithium and battery metals | Azure Capital (sell-side)DLA Piper (sell-side)RSM (sell-side)MinVal (sell-side)PwC (sell-side)Canaccord Genuity (buy-side)Allion Partners (buy-side)McCarthy Tétrault (buy-side) |
| Dec 2025 | Li-FT Power | – | – | Placement | Announced | – | Lithium and battery metals | Canaccord Genuity (lead manager) |
| Dec 2025 | Medallion Metals | – | – | Placement | Completed | 60.0 | Gold and silver | Canaccord Genuity (lead manager)Petra Capital (lead manager) |
| Dec 2025 | Alta Copper Corp. | – | Nascent Exploration | Acquisition | Completed | 151.7 | Copper and base metals | Haywood Securities (sell-side)Fort Capital Partners (sell-side) |
| Dec 2025 | 3D Energi | – | – | Placement | Completed | 14.5 | Oil and gas | Euroz Hartleys (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Intelligent Monitoring Group | – | – | Placement | Completed | 20.0 | Business and professional services | AE Advisors (issuer)Canaccord Genuity (lead manager)Morgans (lead manager) |
| Dec 2025 | Resources & Energy Group | – | – | Placement | Completed | 2.0 | Gold and silver | Whairo Capital (lead manager) |
| Dec 2025 | Viking Mines | – | – | Placement | Completed | 4.3 | Rare earths, mineral sands and critical minerals | GTT Ventures (lead manager)Advantage Management (lead manager) |
| Dec 2025 | Mt Henry Gold Project | Westgold Resources | Alicanto Minerals | Asset sale | Announced | 64.6 | Gold and silver | Thomsons (sell-side) |
| Dec 2025 | Alicanto Minerals | – | – | Placement | Completed | 28.0 | Gold and silver | Canaccord Genuity (lead manager)Argonaut (lead manager)Euroz Hartleys (lead manager) |
| Dec 2025 | Mahalo Gas Project (42.86% interest) | Santos QNT | Comet Ridge | Asset sale | Completed | 40.0 | Oil and gas | Taylor Collison (buy-side)Corrs Chambers Westgarth (buy-side) |
| Dec 2025 | Humm Group | – | Credit Corp Group | Scheme | Announced | – | Payments and fintech | Flagstaff Partners (sell-side)Macquarie Capital (buy-side) |
| Dec 2025 | Trade Window Holdings | – | – | IPO | Listed | 5.0 | Software | UHY Haines Norton (issuer) |
| Dec 2025 | Cleo Diagnostics | – | – | Placement | Completed | 5.0 | Medical devices and technology | Petra Capital (lead manager) |
| Dec 2025 | Micro-X | – | – | Placement | Completed | 6.2 | Medical devices and technology | Morgans (lead manager)Hawkesbury Partners (lead manager) |
| Dec 2025 | Provaris Energy | – | – | Placement | Completed | 0.5 | Renewable energy and storage | Ethicus Advisory Partners (lead manager) |
| Dec 2025 | AU SB Minerals | – | Clara Resources Australia | Acquisition | Announced | – | Gold and silver | Cerberus Advisory (buy-side)HopgoodGanim Lawyers (buy-side) |
| Dec 2025 | Peppermint Innovation | – | – | Placement | Completed | 0.5 | Payments and fintech | CPS Capital Group (lead manager) |
| Dec 2025 | Rana Gruber ASA | – | Champion Iron | Takeover | Completed | – | Iron ore and steel | Wikborg Rein (sell-side)DNB Carnegie (sell-side)BAHR (buy-side)Stikeman Elliott (buy-side)Ashurst Perkins Coie (buy-side)McCarthy Tétrault (buy-side)Clarksons Securities (buy-side) |
| Dec 2025 | Champion Iron | – | – | Placement | Announced | 152.3 | Iron ore and steel | FaskenClayton Utz |
| Dec 2025 | Advanced Energy Minerals | – | – | IPO | Listed | 40.0 | Rare earths, mineral sands and critical minerals | BDO (issuer)WSP (issuer)CM Group (issuer)Thomsons (issuer)Ord Minnett (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Blue Star Helium | – | – | Placement | Completed | 8.2 | Oil and gas | Blackpeak Capital (issuer)Canaccord Genuity (lead manager) |
| Dec 2025 | Gratifii | – | – | Placement | Completed | 2.5 | Software | Stralis Capital Partners (lead manager) |
| Dec 2025 | Hartshead Resources | – | ACAM GP | Scheme | Completed | 40.0 | Oil and gas | Blackwall Legal (sell-side)Miles Thomas (sell-side)BDO (sell-side)Yaxley Tax Consulting (sell-side)S&F Investment Advisors (buy-side)Auctus Advisors (buy-side)Gilbert + Tobin (buy-side)Watson Farley & Williams (buy-side) |
| Dec 2025 | Chimeric Therapeutics | – | – | Placement | Completed | 4.4 | Biotech and pharmaceuticals | PAC Partners (lead manager)Taylor Collison (lead manager) |
| Dec 2025 | Chimeric Therapeutics | – | – | Placement | Completed | 8.4 | Biotech and pharmaceuticals | McCullough Robertson (issuer)PAC Partners (lead manager)Taylor Collison (lead manager) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built All countries covers Australia and New Zealand. The United Kingdom, the United States, Canada, Singapore, China and India are planned.