PERTH: Canadian uranium developer IsoEnergy Ltd. has agreed to acquire Australian counterpart Toro Energy Ltd. in an all-share deal that aims to create a diversified uranium company with assets across top-tier mining jurisdictions, the companies announced on Sunday. Under the terms of the scheme implementation deed, Toro shareholders will receive 0.036 of an IsoEnergy…
SYDNEY: Moonlight Resources Ltd., a 44.7% owned entity of Lithium Plus Minerals Ltd. (ASX: LPM), has agreed to acquire the Clermont Gold Project in Queensland from Diatreme Resources Ltd. (ASX: DRX), positioning itself for an initial public offering on the Australian Securities Exchange. The A$3.5 million transaction includes A$3.25 million in Moonlight scrip and…
SYDNEY, AUSTRALIA: Australian Rare Earths Limited (ASX: AR3) has announced a pivotal agreement to acquire Valrico Resources Pty Ltd, the proprietor of the Overland Uranium Project. This acquisition marks a significant enhancement to AR3’s portfolio, introducing a project alongside its rare earth explorations. The Overland Uranium Project, which spans an impressive 1,981 square kilometers…
SYDNEY, AUSTRALIA: GTI Resources Ltd has entered into a binding agreement to acquire 100% of Branka Minerals Pty Ltd, holder of 8,900 hectares across several groups of strategically located and underexplored mineral lode claims and 2 state leases, prospective for sandstone hosted uranium, located in the Great Divide Basin (GDB), Wyoming , USA &…