Edited announcement

Henderson-based drill and blast company Brandrill Ltd has completed a $3 million capital raising, after scaling back shareholder applications which had totalled $5.2 million.

West Perth-based nickel company Rusina Mining NL has completed two placements, with UK-based European Nickel PLC and its Philippines-based partner DMCI Holdings Inc, raising around $3.8 million

West Perth-based investment company LinQ Resources Fund has increased its net profit for the 2006-07 financial year by 271 per cent to $138.4 million, up from $37.3 million the year before.

Research released by the Australian Bureau of Statistics shows support for culture and the arts is strong in Western Australia, with 88 per cent of people attending cultural events.

West Perth-based hydrocarbon developer European Gas Ltd will acquire French coal mine methane production company Gazonor SA for around $42 million, the company has announced.

A series of personal journals owned by members of Western Australia's prominent Bussell family have been acquired by the State Government, along with National Cultural Heritage Account, the Shire of Busselton and Bussell family descendents for $80,000.

Cannington-based security technology group QRSciences Holdings Ltd has raised around $6.3 million through a rights issue, which it will use to retire convertible notes held by Vision Opportunity Master Fund Ltd and Platinum Partners Value Arbitrage Fund L

West Perth-based biotechnology company CollTech Australia Ltd has been granted a patent in China for the method behind the company's production of ovine collagen, cementing it as the only supplier in the nation.

Perth-based CityView Corporation Ltd has increased its stake in its Angolan metal projects to 64 per cent, more than doubling its shareholding in the past 12 months, the company has announced.

West Perth-based Jubilee Mines NL will acquire an additional 6.7 per cent stake in the Emu Lake nickel joint venture project from Skryne Hill Pty Ltd, upping its stake to 66.7 per cent.

Property developers Robert Norman Francis, of Ashfield, and Michael Francis Byrne of Mosman Park have been banned from managing corporations for two and five years respectively, the Australian Securities and Investments Commission has announced.

Tourism Western Australia has launched a video-streaming website to showcase footage of tourism destinations and events, in a site developed by Sydney-based agency Soap Creative.

Osborne Park-based copper-gold explorer Talisman Mining Ltd has announced plans to shift focus onto iron ore mining, following a report on the prospects of its Wonmunna project.

Rio Tinto Ltd could acquire up to 19.9 per cent of Perth-based iron ore hopeful Grange Resources Ltd, making it Grange's largest security-holder, after agreeing to sell iron ore tenements adjoining the Southdown magnetite deposit.

Perth-headquartered bio-nanotech company pSivida Ltd has completed the recruitment stage of the second phase of a clinical study of cancer treatment technology BrachySil in the treatment of inoperable pancreatic cancer.

The Esperance Port Authority has granted Osborne Park-based iron ore hopeful Golden West Resources Ltd an extension of time for its option over land required for developing an iron ore export facility, the company announced today.

South Perth-based Australian Wine Holdings Ltd will raise $1.5 million through a placement managed by Resource Venture Capital Partners Pty Ltd, with the group also to advise on new opportunities, following the divestment of most of AWL's wine assets.

West Perth-based mineral explorer Legend Mining Ltd has completed the divestment of its Gidgee Gold Project to West Perth-based Apex Minerals NL, after receiving 34 million Apex shares as per the agreement.

Former Evans & Tate Ltd executive chairman Franklin Tate has resigned as a director of the company, as well as being its Brand and Product ambassador, the company announced today.

Talkative colleagues have well and truly replaced the cigarette break as the biggest enemy of workplace productivity, according to a new survey by recruitment company Robert Walters.

Perth-based asset management company PearlStreet Ltd has signed the sale and purchase agreement for the acquisition of former Leighton Contractors Pty Ltd subsidiaries Metlabs and ITS for $32 million, the company has announced.

Perth-based metals explorer View Resources Ltd has completed its $30 million capital raising, ahead of a production ramp-up at its Bronzewing Gold project and recommissioning of the Carnilya Hill Nickel project.

Malaga-based scaffolding and form-work supplier PCH Group Ltd will provide scaffolding services to Fortescue Metals Group's Pilbara Iron Ore and Infrastructure project at the Cloud Break Mine, under a contract signed today.

Welshpool-based solar power and water solutions provider Solco Ltd has raised $2.6 million through a renounceable rights issue, with 86 per cent taken up in the primary rights issue.

The first trial of a train running in the New Metro Rail tunnel was successfully completed over the weekend, Planning and Infrastructure Minister Alannah MacTiernan said in an anouncement today.

East Perth-based Fortescue Metals Group Ltd will join the S&P/ASX 100, when Alinta is removed on August 17, after the company is fully acquired by a Babcock & Brown and Singapore Power consortium.

West Perth-based drilling products company Imdex Ltd is back on the acquisition trail, has finalised its $3.5 million payment to fully acquire Canada-based drilling fluid based system manufacturer Poly-Drill Drilling Systems Ltd.

West Perth-based oil and gas explorer GulfX Ltd will acquire South Australia-focused Syngas Energy Ltd in a scrip bid of 112 million shares, worth around $12.3 million, the company has announced.

West Perth-based minerals explorer Halcyon Group Ltd has taken a stake in West Perth-based exploration company Dragon Mountain Gold Ltd, but will remain focused on nickel, the company has announced.

Perth-based Entrust Funds Management has announced that its Esplanade Property Fund will place 17.4 million units to raise up to $3.4 million for further property acquisitions.

Como-based mineral exploration company GME Resources Ltd has allotted part of its rights issue to raise $10.4 million, the company announced.

The State Government will boost its funding into not-for-profit tenant support agencies from $6 million to $10 million over five years for agencies offering education, advocacy and support services to tenants.