Acquiring Company
First AU Limited
Acquired Company
Javelin Minerals Limited
Description
First AU Limited has announced it plans to acquire Javelin Minerals Limited through the issuance of over 3.5 billion shares and options as takeover payment. The proposed issuance is set for 18 November 2026, subject to security holder approval. The total estimated value of the takeover consideration is approximately AUD 35 million. The move is part of a broader strategy to expand First AU's mineral assets.
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Based on deal dataFrequently asked
Who acquired Javelin Minerals Limited?
Javelin Minerals Limited was acquired by First AU Limited, based in Australia. The deal was reported on September 16, 2026. First AU Limited is a mineral exploration and development company. It focuses on acquiring and developing gold and other base metal projects. The company is listed on the Australian Securities Exchange (ASX). First AU Limited is privately held and operates in Mining.
When did First AU Limited acquire Javelin Minerals Limited?
First AU Limited's acquisition of Javelin Minerals Limited was reported on September 16, 2026. First AU Limited has announced it plans to acquire Javelin Minerals Limited through the issuance of over 3.5 billion shares and options as takeover payment. The proposed issuance is set for 18 November 2026, subject to security holder approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Javelin Minerals Limited do?
Javelin Minerals Limited is an Australian mining and exploration company. It is engaged in exploring for mineral deposits, primarily gold. The company is also listed on the Australian Securities Exchange (ASX). It is privately held, operating in Mining, and is based in Australia.
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