Deals

Scotland-based oil and gas services firm Global Energy Group has announced the acquisition of Perth-based energy sector access, inspection and maintenance company Vertech Group.

Logistics and supply chain group K&S Corporation has acquired Bunbury-based Collare Transport Group for an undisclosed sum.

Hannans Reward has reached agreement to sell the Discovery Zone copper-iron prospect in Sweden to Avalon Minerals for $4 million.

Perth-based explorer Hot Chili has launched a $35.5 million capital raising to fund development at its Productora copper-gold-molybdenum project in Chile.

Renaissance Minerals has launched a $10 million capital raising to fund exploration at its flagship Cambodian gold project.

Two Chinese entities proposing a takeover of minerals explorer Discovery Metals say they are disappointed by Discovery's rejection.

Struggling scooter manufacturer and retailer Vmoto has launched a £1.56 million ($2.43 million) share placement, and plans to list on London’s Alternative Investment Market.

Syndicated Metals has completed a $2.85 million capital raising to fund exploration and evaluation of its copper-gold project portfolio near Mt Isa in northern Queensland.

Perth-based gold explorer International Goldfields has announced a cash and scrip merger agreement with United States-based Santa Fe Gold Corporation, to create a diversified gold and silver miner

Billabong shares have plunged almost 17 per cent to their lowest ever price, after private equity firm TPG withdrew its $694.5 million takeover offer.

PMI Gold Corporation has entered an agreement with a syndicate of underwriters to raise $C100 million ($A99 million) for the development of its Obotan gold project in Ghana.

The competition regulator has allowed pathology and radiology provider Sonic Healthcare to buy the Healthscope pathology business in Western Australia but won't allow Sonic to acquir

News Ltd's takeover of pay television group Consolidated Media is set to go ahead after the competition regulator ruled out a potential rival bid by Seven Group.

Terry Streeter’s Fox Resources has entered an agreement to purchase a series of coal tenements in Queensland for $2.5 million in cash and shares.

Mining services group Ausdrill has refinanced its debts, announcing today it had signed a new three-year, $550 million dual currency facility with a syndicate of banks.

Global Construction Services has completed the $4.9 million retail component of its $32 million capital raising plan announced early in September.

Struggling gold miner Navigator Resources has pushed back an already-delayed $16 million rights issue for a further three weeks, announcing today the prospectus would not be lodged with the Austral

Earthmoving equipment group Emeco says it is cashed up and on the lookout for “value creating opportunities” after refinancing its $450 million debt facility with a syndicate of banks.

Namibian-focused uranium explorer Deep Yellow has completed a $6.5 million placement to Africa-based specialist mining fund Laurium LP.

Base Resources has announced a plan to raise $40 million to fund development at its Kwale mineral sands project in Kenya.

Origin Energy has raised 500 million euros ($A634.6 million) through a bond issue to raise funds for the $23 billion Australia Pacific LNG (APLNG) project in Queensland.

THE constrained corporate finance market has improved slightly in the first quarter of the new financial year, with overall Western Australian-related activity rising to $13.72 billion from the Jun

WESTERN Australia’s biggest local stockbroker, Patersons Securities, is the latest to reveal it has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million af

There may be plenty of cash about, but the IPO market is struggling as investor confidence remains low.

Perth-based mining juniors GBM Resources, Invictus Gold and Hannans Reward have announced capital raising plans today, collectively worth nearly $7.5 million.

Central Petroleum shares have risen more than 11 per cent after the company announced a $150 million joint venture with oil and gas producer Santos.

Perth-based Cortona Resources and Victoria’s Unity Mining have announced a merger plan to create a gold miner with a market capitalisation of around $90 million.

Doray Minerals has launched a $30.8 million share placement in conjunction with a $12.2 million entitlements offer, ensuring its Andy Well gold development near Meekatharra is fully funded to produ

Shares in Sundance Resources have been placed in a trading halt ahead of an expected announcement from its Chinese suitor Hanlong Mining.

DuluxGroup has finally won over garage door maker Alesco Corporation in its long-running $210 million takeover battle.

PMI Gold Corporation has secured a $US30 million standby finance facility to boost its coffers at it finalises a comprehensive funding package for the development of the Obotan gold project in Ghan

Buru Energy has announced a $40 million placement to fund the acquisition of fresh acreage in the Canning Superbasin, north of Perth.