Deals

Potash hopeful Agrimin has sought further funds needed to develop its $637 million Mackay project in the Pilbara, as the company closes in on a final investment decision.

West Perth-based Haranga Resources has relisted on the stock exchange after nearly two years off the boards, with its shares closing up 30 per cent.

MCS Services has acquired Carlisle-based Highways Traffic for an initial estimated $2 million in a move to diversify from its WA security offerings.

Subiaco-based gold and copper explorer Carnaby Resources is planning to spend $20 million in new capital on a substantial drilling program at Greater Duchess projects over east.

Fortescue Metals Group will acquire a UK-based engineering firm connected to late F1 team owner Frank Williams in a bid to bring race-bred battery technology to its iron ore fleet.

A disability support group plans to repurpose the building into offices.

Swick Mining Services has completed the demerger of its technology business, Orexplore, which listed on the ASX this morning at 15 cents a share.

Centaurus Metals has garnered $75 million in funding from the likes of Sprott Group and Harmanis Holdings to pin down feasibility of its nickel project in Brazil.

A pharmaceutical company specialising in the treatment of common colds and viral diseases will list on the ASX this month, having raised $7 million through an IPO.

A local investor has bought a 1,383 square metre fully-leased site east of Perth.

Genesis Health + Fitness franchise network will introduce three new sites in Western Australia, converting high-profile fitness personality Adam Bailey’s pre-existing Bailey Fitness clubs.

Shares in MetalsX spin out NiCo Resources were up 80 per cent on its ASX listing today, after the nickel company’s IPO raised more than $12 million.

“It has been a busy year and it continues to be,” is how Simon Reed describes current market conditions in Western Australia.

Zuleika Gold shares have surged 90 per cent on the back of a sizeable cornerstone investment from prominent Western Australian mining investor Mark Creasy.

HBF’s expansion spree has rolled on apace this year, with the not-for-profit health insurer moving to acquire WA-based allied health outfit Life Ready Health Group.

Vertex Minerals has made a soft start to its first day of trading, with shares in the WA-based explorer down 10 per cent on its public offering.

A Sydney fund manager has bought a property leased by St John of God.

Perth-based rentals site rent.com.au has looked towards institutional investors to raise $2.5 million to lift the profile of its portable payments and planning app, RentPay.

Perth builder Gerry Matera has bought 50 per cent of M/Construction and merged it with his company Marawar to create WA’s largest Aboriginal construction business.

US-based private equity group Blackstone has increased its bid for Crown Resorts for a fourth time and on this occasion the casino operator has signalled it will likely support the takeover.

Liontown has found its first binding offtake partner in South Korean battery giant LG Energy Solution, who is lined up to acquire one third of Kathleen Valley’s start-up production capacity.

Stealth Global has doubled the size of its national retail store network by acquiring United Tools, which has been trading at close to break-even.

Global management consulting firm Oliver Wyman has agreed to buy boutique practice Azure Consulting, which has 20 staff across offices in Perth and Melbourne.

After selling seafood in the state for more than half a century, Catalano’s is looking to use capital from a planned ASX listing to fund an expansion into the east coast.

Andrew Forrest-backed Swoop Holdings is completing its first acquisition of the year, having agreed to buy South Australian network provider iFibre for $1.5 million in cash.

Swedish company Hexagon has expanded its WA presence with a second local acquisition, buying drilling technology business Minnovare in a deal potentially worth in excess of $100 million.

The prime industrial land sold for a total of $9.62 million.

Peet sells 250ha site no longer considered part of its short-to medium-term development plans.

Perth broking firm Euroz Hartleys Group is set to merge two of its investment companies with fellow ASX-lister and Geoff Wilson-led WAM Capital.

Pacific Bauxite is hoping to ride Chalice Mining’s spectacular success, but instead of the usual ‘nearology’ play, it is buying into the same commodities and taking the name of Chalice’s main project.

WA-based developer Peet has secured full ownership of the $6.7 billion Flagstone City project in South East Queensland, acquiring a 50 per cent shareholding from its joint venture partner.

Prospect Resources is selling a majority stake in its Zimbabwe flagship lithium project to China’s Zhejiang Huayou Cobalt Co for $528 million in cash.