Lynas Rare Earths has agreed to acquire Meteoric Resources through an all-share scheme of arrangement with an implied equity value of A$968 million. If implemented, the deal would add the Caldeira ionic clay rare earth project in Brazil to Lynas’ Australian and Malaysian operations.
Liontown Farms Into Centenario Lithium Brine Project in Argentina
Liontown has signed a binding farm-in with NEXT Lithium Corp. to earn up to 100% of the Centenario lithium brine project in Salta, Argentina, for US$40 million of spend and up to US$140 million in milestones.
IsoEnergy to Acquire Toro Energy for A$75 Million
IsoEnergy (ISOU) has agreed to acquire ASX-listed Toro Energy in an all-stock deal valued at about A$75 million; on completion it would add the Wiluna Uranium Project in Western Australia to its development pipeline.
Pilbara Minerals to Acquire Latin Resources in All-Share Lithium Deal
Pilbara Minerals acquires Latin Resources in an all-share deal, adding the Salinas Lithium Project in Brazil. Transaction implies A$0.20 per LRS share, a 57% premium to 10-day VWAP.
Paladin Energy to Acquire Fission Uranium for C$1.14 Billion in All-Scrip Deal
Paladin Energy to acquire Fission Uranium in an all-scrip deal valuing Fission at C$1.14 billion, adding the high-grade Patterson Lake South project in Canada’s Athabasca Basin.