ACQUISITION

VN8 grows to $51M Annual Recurring Revenue with Latest Acquisition

Today, up and coming telco company Vonex (ASX:VN8) announced an agreement to acquire Queensland based telco OntheNet, adding ~$15M in recurring revenue and ~$2M in EBITDA.

RAS Picks up Prospective Lithium Ground Near $2.3BN Core Lithium

Our $10M capped explorer Ragusa Minerals (ASX: RAS) has picked up more lithium ground near $2.3BN capped Core Lithium’s and $61.1M capped Lithium Plus in the Northern Territory.

Pantera acquires “Hellcat” polymetallic project

Our early stage exploration investment Pantera Minerals (ASX:PFE) has just made a new asset acquisition while it waits to restart drilling on its iron ore project.

New Acquisition for VN8 as “Hunt for Growth” Strategy Continues

Yesterday, Vonex (ASX: VN8) announced its latest acquisition - this time it's South Australian telco Voiteck that will soon be incorporated into the VN8 group.

CPH is targeting US growth through M&A - Seeking a CEO

Today Creso Pharma’s (ASX:CPH) announced the acquisition of a range of CBD brand and product assets that deliver anti-inflammatory relief to professional and amateur athletes suffering from chronic muscle and joint pain.

Vonex Integrates $31M Direct Business into its Operations

Today, VN8 provided an update on the integration of its latest and largest acquisition — the $31M Direct Business purchased from MNF Group, the integration is progressing well as the companies combine into one - and the growth announced today is impressive.

Uranium is Back - and GTR is Finally Coming Good

We added GTR to the Next Investors portfolio almost 18 months ago when the uranium price went on a run. However, the uranium price rise wasn’t sustained - it cooled off and traded sideways over the next year, as did GTR’s share price.[to insert]

VN8 Quarterly: So close to being cash flow positive. Completes giant acquisition, cap raise. We topped up.

Our telco investment Vonex Ltd (ASX: VN8) reported yet another robust quarterly result today, with unaudited sales revenue of $4.8 million for the quarter, leading to annualised recurring revenue (ARR) of $18.7 million.

ARN Adds Lithium to Nickel

Aldoro Resources (ASX: ARN) has just acquired new lithium ground. Lithium is a key ingredient in electric vehicle batteries and demand is expected to surge as the world switches to electric vehicles over the next decade.

VN8 to consume its biggest ever acquisition

Vonex (ASX: VN8) today announced a new acquisition to deliver $15.6M revenue with an EBITDA of approximately $5M in CY2020.

Halucenex forms important partnership as psychedelics space heats

Creso Pharma Limited (ASX: CPH, FRA:1X8) has today announced that its acquisition target Halucenex Life Sciences Inc. has signed an agreement with Nucro-Technics, a Pharmaceutical Contract Research Organization (CRO) that is a partner to pharmaceutical, biologic, and medical device companies located all over the world.

Vonex Outlines Success of Acquisition Growth Strategy

Telecommunications innovator Vonex Limited (ASX: VN8) has provided an update on its activities for the quarter ended 31 March 2021. Supported by organic growth and a strong cash position of $3.9 million and nil debt, Vonex continued its proactive approach to acquisition opportunities during the quarter.

GTI Resources commences Utah Uranium Exploration Fieldwork

GTI Resources Ltd (ASX: GTR) has advised that the first phase of its spring exploration field activity commences this week, following settlement of the acquisition and transfer of two State of Utah mineral leases from Anfield Energy Inc.

Due diligence done and another acquisition affirmed as AHI comes firing out of halt

Advanced Human Imaging (ASX: AHI) is back trading and has come out of its halt firing, releasing two announcements in relation to completing due diligence on Triage and signing a binding Letter of Intention for the acquisition of Israeli based ‘Musculoskeletal Assessment’ company, Physimax Technologies Limited.

Latin Resources affiliate company to acquire Chile Copper Project

On Friday, Latin Resources Limited (ASX: LRS) announced its Canadian affiliate company Westminster Resources Limited (TSX-V: WMR) has entered into an agreement to acquire a copper project in Chile.

SURPRISE: We are Now Psychedelics Investors

Once again, medicinal cannabis company Creso Pharma (ASX: CPH) keeps pleasantly surprising us. Today they have REALLY surprised us by announcing they have acquired a Psychedelics company.

Vulcan acquires GeoT, world leading geothermal consulting team

Vulcan Energy Resources Limited (ASX: VUL) has released an announcement today, outlining the binding agreement signed to acquire 100% of geothermal sub-surface consultancy company GeoThermal Engineering GmbH (GeoT).

Alberta acquisition another potential catalyst for Sacgasco

Sacgasco Limited (ASX: SGC) has taken a 20% Working interest (WI) in oil and gas producing assets in southern Alberta, Canada. The company is targeting gas supply to the premium local Californian gas market and the burgeoning LNG market in North America.

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