Genesis acquires Magnetic Resources

David Najork · Founding Software Engineer

Announced Feb 15, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

—

Target

Magnetic Resources

ASX: MAU · Perth, Western Australia

Acquirer

Genesis

Full Acquisition

Status

Announced

Genesis agreed to acquire Magnetic Resources. Reported deal value: Undisclosed. Status: Announced. Sector: Gold. Target headquarters context: Perth, Western Australia, Australia.

This page summarizes publicly available information about the transaction as of 2026-02-15. Figures and status may change as filings and press coverage update.

MAU : A$ 639m acquisition of Magnetic boosts resources to 21Moz and accelerates ASPIRE 500 ” growth Less than 1 min read MAU Genesis will acquire Magnetic Resources for A$639 million, consolidating a dominant gold position in the Leonora/Laverton region and boosting resources to 21Moz

Deal timeline

Announced

Feb 15, 2026 · tradingview.com

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Gold. Figures and status may change as sources update.

Sources: tradingview.com · Primary article · FireStrike proprietary index