Daily Roundup

CUP.ASX VR1.ASX WIN.ASX EOS.ASX HAS.ASX

Count Ltd Acquires Oracle Group, Raises Equity

Count Ltd (ASX:CUP) has entered into a binding agreement to acquire 100% of the Oracle Group, a leading provider of financial advice, accounting, and investment management services. The $72.2 million acquisition will be funded by a $35.9 million equity raise and new debt, and is expected to be low double-digit earnings per share (EPS) accretive on a pro forma basis for fiscal year 2026.

The Oracle Group acquisition significantly accelerates and strengthens Count's position as a diversified financial services group. It enhances the company's participation in structurally high-growth end markets and bolsters the platform for future organic growth and financial planning acquisitions. The combined entity will have $42 billion in funds under advice and $6.2 billion in funds under management, with a network of 98 employed advisers across 14 offices.

Vection Executes DXLabs Acquisition

Vection Technologies Ltd (ASX:VR1) has executed an agreement to acquire 100% of Digital Experience Labs Pty Ltd (DXLabs), a fast-growing Australian digital transformation and solutions business. The acquisition adds immediate revenue of $3.5 million and EBIT of $0.8 million to Vection, while strengthening the company's Australian delivery team and enterprise customer base.

The transaction unlocks meaningful cross-sell opportunities by combining Vection's AI and spatial computing solutions with DXLabs' specialisation in automation and integration platforms. Key DXLabs management and staff will be retained to ensure a seamless integration and accelerate growth.

WIN Builds Scale at Radio Gold with High-Grade Acquisitions

Widgie Nickel Ltd (ASX:WIN) has signed a tenement sale agreement to acquire the high-grade Princess Royal gold mine and secured an option to acquire the Stumpy Doodle gold mine, complementing its Radio Gold Project. These acquisitions are expected to expand the project footprint, increase resource potential, and provide multiple potential high-margin sources of ore to support future development scenarios.

The Princess Royal Exploration Target is estimated at 26,000 to 40,000 tonnes at 8.0 to 12.0 grams per tonne of gold, for 7,000 to 15,000 ounces of gold. WIN plans to commence drilling at Princess Royal to target extensions to known mineralization and follow up on high-grade historic intercepts.

EOS Secures New US Orders and Korea Contract Update

Electro Optic Systems Holdings Ltd (ASX:EOS) has received new US orders worth $17 million for Remote Weapon Systems, including contracts to develop and deliver enhanced capabilities for the US Army and produce Slinger Remote Weapon Systems for Northrop Grumman.

EOS has also provided an update on its conditional $80 million contract with a Korean counterparty to manufacture and supply a 100kW High Energy Laser Weapon. Discussions are ongoing to convert the conditional contract to an unconditional agreement in the second quarter of 2026.

Hastings Acquires Hydromet Plant in Thailand

Hastings Technology Metals Ltd (ASX:HAS) has executed a binding term sheet to acquire a fully-permitted hydrometallurgical Mixed Rare Earth Chloride (MREC) processing facility in Kabin Buri, Thailand. The $15 million acquisition provides Hastings with immediate access to a production-ready facility in a lower-cost jurisdiction, delivering a capital-efficient pathway to early production and revenue.

The Thai plant has a potential capacity of 30,000 tonnes per annum of MREC following ramp-up, providing significant flexibility to treat multiple feedstocks, including potentially from Hastings' Yangibana Rare Earths and Niobium Project. The acquisition transforms Hastings' future, establishing a Southeast Asian processing hub for rare earth feedstock.