Perth gold explorer Emmerson Resources has completed raising $1.87 million through a 49 million share placement to Evolution Mining, satisfying all conditions precedent to the joint venture agreement.
Perth broker Euroz Limited has more than doubled its annual net profit to $26.5 million, after the acquisition of Blackswan Equities lifted its profit guidance for the financial year.
Perth company CVCheck is meeting increasing demand for its services as employers seek to apply greater levels of scrutiny to the details provided by job applicants.
Perth-based Altona Mining has agreed to sell all of its Finnish operations and most of its exploration assets to Swedish miner Boliden Mineral AB for about $US95 million.
Perth-based explorer Zenith Minerals has acquired 51 per cent interest in Fitzroy Resources’ Rookwood project, with an option to purchase the remainder.
Shares in Perth-based Poseidon Nickel have risen 23.7 per cent after the company agreed to acquire Norilsk Nickel’s Black Swan project near Kalgoorlie for an undisclosed amount.
FEATURE: An investment in each of the 10 largest capital raisings by companies in Western Australia during 2013 would be 14 per cent underwater at current prices, according to research conducted by Business News.
Perth-based oil and gas company Antares Energy has received a fresh $US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.
Graphite and nickel exploration company Kibaran Resources has raised $3.1 million through a share placement, just months after it completed a similar placement in February.
Western Australian small-cap explorer Impact Minerals has announced a successful $2.59 million capital raising to fund drilling projects in New South Wales.
Perth-based online movie streaming and DVD rental provider Quickflix has completed a share placement and board restructure with the appointment of a new non-executive director and new corporate advisers.
Exploration firm Red River Resources has seen its share price jump by over 80 per cent after it entered into a $6.5 million agreement with the administrators of collapsed explorer Kagara, for the sale of its projects in northern Queensland.
Property giant Stockland’s hopes to snare rival Australand have been dealt a massive blow, with the takeover target agreeing to a $2.6 billion offer from Singapore.
Nedlands-based TFS Corporation has announced the purchase of an established Indian sandalwood plantation, with the purchase expected to boost its net profit as a result of a revaluation of the trees.
The Farooq Khan-led Bentley Capital has revealed that it received an $8.4 million offer from a mystery bidder for its stake in the ASX-listed cash shell Molopo Energy.
Rey Resources has entered into an agreement to raise $3 million which will fund a new well in the perth basin, as AWE also this week commenced drilling a new well in the same region.
