Fraser Beattie

The number of Perth-based technology companies pursuing a listing on the ASX this year has hit 10, with Dreamscape Networks due to list in coming days after raising $25 million and Secure2Go kicking off its capital raising this week. 

Sundance Resources boss Giulio Casello has taken a big pay cut as the company seeks to cut costs, with the Perth-based explorer also locking in a $1.3 million investment to assist in the search for a partner for its Mbalam Nabeba iron ore project in Africa.

Pilbara Minerals has further bolstered its board with the appointment of Fortescue Metals Group director of operations Nick Cernotta as an independent non-executive director.

Perth-based companies K2fly, Zelda Therapeutics and Impression Healthcare have wrapped up their first day of trading on the ASX after completing reverse takeovers, with Impression, which counts John Worsfold as a director, the only one to post a gain.

The Australian Securities and Investments Commission has launched civil proceedings against Perth-based State One Stockbroking, and in a separate matter has accepted undertakings from two liquidators employed by Melsom Robson.

The WACA has revealed the nine-figure number it has asked the state government to contribute for a proposed $207 million redevelopment of the East Perth cricket ground.

Poseidon Nickel has landed an agreement for Kidman Resources to use its mothballed Lake Johnston infrastructure to process lithium ore from the Melbourne-based company’s Mt Holland mine, in a deal potentially worth at least $18.5 million.

Rox Resources has locked horns with Marindi Metals over a failed bid to acquire its stake in the Reward zinc project, a day after Marindi started legal action against Kidman Resources over another deal which Kidman says doesn’t exist.

Applecross-based PDC Group has entered into an agreement for the sale of its building information modelling management business to a US construction services firm for an undisclosed sum.