Latest in M&A, JVs & Divestitures

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Entrée banks $37 million for Oyu Tolgoi

Entrée Resources (TSX:ETG) has closed an upsized, oversubscribed private placement to raise C$36.2 million ($37 million) to fund an updated technical report on the Entrée/Oyu Tolgoi joint venture (JV) in Mongolia. The company issued around 12.49 million units at C$2.90 each…

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Willetech eyes majority stake in Aldoro’s Kameelburg

Aldoro Resources (ASX:ARN) expects to execute definitive agreements within 15 business days for Willetech International Investment to acquire a 51% interest in part of the Kameelburg Critical Minerals Project in Namibia. The parties have signed a memorandum of understanding establishing the…

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Viridis secures $1.3 billion offtake with Solvay

Viridis Mining and Minerals (ASX:VMM) targets first production from the Colossus Rare Earth Project in Brazil in 2028 after executing a long-term binding offtake agreement with Rhodia Operations, a subsidiary of Solvay (EBR:SOLB). The initial term begins at first production…

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Vanguard Building Solutions Acquired by CET Energy Solutions

Vanguard Building Solutions founder Mike Sherman and CET Energy Solutions CEO John J. Duquette both commented on the deal at announcement. Neither the purchase price nor the post-closing leadership structure was disclosed. Vanguard Building Solutions was named PSE&G’s top Trade…

M&A, JVs & Divestitures

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