Acquiring Company
Nexum Resources
Acquired Company
Cobalt X
AustraliaAustraliaMiningMiningMineralDescription
Altair Minerals has entered into a binding term sheet to sell its wholly owned subsidiary Cobalt X to Nexum Resources. Altair will receive seven million Nexum shares at a deemed issue price of $0.20 each, valued at $1.4 million. Completion remains subject to due diligence, regulatory approvals and third-party or shareholder consents.
Who to call at Nexum Resources, and when
When Nexum Resources changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nexum Resources raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nexum Resources, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Nexum Resources. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Nexum Resources makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Cobalt X?
Cobalt X was acquired by Nexum Resources, based in Australia. The deal was reported on November 9, 2026. Nexum Resources is an unlisted public company planning an initial public offering within the next six months. It is acquiring Cobalt X, a subsidiary holding Queensland mining leases and exploration permits. Nexum Resources is privately held and operates in Mining.
When did Nexum Resources acquire Cobalt X?
Nexum Resources's acquisition of Cobalt X was reported on November 9, 2026. Altair Minerals has entered into a binding term sheet to sell its wholly owned subsidiary Cobalt X to Nexum Resources. Altair will receive seven million Nexum shares at a deemed issue price of $0.20 each, valued at $1.4 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cobalt X do?
Cobalt X is a wholly owned subsidiary of Altair Minerals. It holds an 80 per cent beneficial interest in three Wee Macgregor mining leases and full ownership of four exploration permits for the Mt Cobalt project in Queensland. It is privately held, operating in Mining, and is based in Australia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.