The Michael Ruane-led minerals explorer Reward Minerals has received firm commitments for a $5.2 million capital raising to fund ongoing work at its LD potash project in the Little Sandy Desert.
West Perth-based oil and gas explorer Orca Energy has been forced to abandon a $20 million capital raising after concerns were raised by the Australian Securities Exchange.
West Perth-based explorer Monto Minerals has joined the wave of backdoor listings, with the company announcing plans to acquire a US tech company for $13 million.
MGC Global, which is currently the takeover target of Perth-based Erin Resources, has signed a $60 million agreement to sell its cosmetic cannabis product to a European cosmetic production company.
Perth online screening and verification company CVCheck will soon lodge a prospectus on the ASX, detailing plans to raise up to $10 million in an initial public offering.
Fortunis Resources has received positive news about its planned backdoor listing, while Basper and Aziana have had to make amendments to their proposals.
Local minerals explorer Helix Resources has offered a 50.1 per cent stake in its Joshua project in Chile to EPG Exploration Fund, in exchange for drilling services and about $3.9 million.
With the takeovers of iiNet and Amcom Telecommunications heading into the final stretch, the investment bankers and other advisers that worked on these deals will be looking forward to a very handy pay day of more than $40 million.
Local minerals explorer Kasbah Resources has received commitments for a $3 million capital raising, while also announcing a range of cost reductions including cutting executive pay, reducing staff and restructuring its board.
Saudi Arabia and Oman-focused copper-gold explorer Alara Resources has flagged the possibility of a scrip merger with an unnamed party, while also announcing the appointment of a new managing director.
Two telco companies that provide roaming services have begun their first day of trading on the ASX today, with Norwood Systems making solid gains while Flexiroam closed flat.
A Subiaco-based piping company led by businessman Andrew Haythorpe has announced plans to buy a New Zealand tech company, in a backdoor listing worth about $5.5 million.
Billionaire Warren Buffett's Berkshire Hathaway is buying a $500 million stake in Insurance Australia Group after the two companies entered into a 10-year partnership.
iiNet chairman Michael Smith has welcomed an independent expert's review of TPG Telecom's proposed $1.6 billion takeover of the Subiaco-based internet services provider.
Chile-focused copper explorer Hot Chili has received firm commitments for an $8.1 million capital raising to fund ongoing work on its Productora project.
Foxtel will take a 15 per cent stake in Network Ten after the two broadcasters signed a long awaited deal to bolster the third-placed free to air TV network.
Amcom Telecommunications shareholders have overwhelmingly voted in favour of a $1.2 billion tie-up with rival Vocus, defying TPG Telecom's attempts to block the deal.
Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $7 million.
Perth-based scooter manufacturer and retailer Vmoto has received firm commitments for an $8.9 million capital raising to fund its various investment initiatives.
Australia's corporate watchdog has launched an inquiry into TPG Telecom's planned $1.6 billion takeover of iiNet, after saying the deal may lead to a substantial lessening of competition.
West Perth-based trucking company CTI Logistics has acquired an unlisted Sydney-based logistics business with national reach, in exchange for a cash and share package worth $27 million.
Forge Group founder Peter Hutchinson is planning to move into agribusiness, with ASX-listed Style announcing the $20 million acquisition of Nor-West Seafoods.
General Mining Corporation shares fell sharply today after the company announced revised terms for the acquisition of an interest in Galaxy Resources' Mt Cattlin tantalum project near Ravensthorpe.
Perth-based ferrotungsten miner Hazelwood Resources has kicked off a $12.8 million capital raising to repay debt and expand production at its ATC joint venture facility in Vietnam.
Shares in Subiaco-based coal miner Pan Asia Corporation skyrocketed on news it had sold its flagship TCM project to a Singapore firm for about $28.8 million.
Gold Road Resources has raised $39.3 million in an oversubscribed placement and is now fully funded to complete a feasibility study on its Gruyere project east of Laverton.
West Perth-based Anatolia Energy has announced a friendly merger with a Nasdaq-listed uranium miner, with the two companies planning to focus on developing Anatolia’s Temrezli uranium project in Turkey.
