Deals

EHR Resources has launched a $12 million capital raising to fund diamond exploration overseas, while Rumble Resources is raising $6 million to fund its next gold drilling program in Western Australia.

Strandline Resources has secured a major portion of capital costs for its Coburn mineral sands project, with the Northern Australia Infrastructure Facility (NAIF) to provide up to $150 million in funding.

Listed stockbroking and funds management firm Euroz has offered to buy competitor Hartleys in a scrip deal that would give Hartleys’ current shareholders a 17 per cent stake in the combined group.

BHP Nickel West has invested in a new growth opportunity by acquiring the Honeymoon Well development project from Russia’s Norilsk Nickel, which is exiting Australia.

Property fund manager Primewest has purchased a national agricultural asset management company for $10 million, two days after establishing a $300 million fund targeting neighbourhood shopping centres.

Cardinal Resources has received an all-cash takeover bid from Chinese producer Shandong Gold, which has offered to buy the West Perth-based company for 60 cents per share.

Franchisor Joyce Corporation has sold its remaining stake in Lloyds Online Auctions for $3.8 million to an entity controlled by Lloyds director Steven Sarkis.

Australia's competition regulator says it will not oppose a planned merger between mortgage aggregators Australian Finance Group and Connective, despite holding previous concerns around competition.

Building a supercomputing facility in Australia to rival the world’s biggest is among DUG Technology founder Matt Lamont's ambitious goals, to which end the company has announced a $26 million initial public offering.

Santos has entered into a new gas supply agreement with Johannesburg-listed Gold Fields for three of its gold mines in Western Australia.

Shares in Rox Resources have risen by more than 50 per cent today after the gold explorer released latest assays for its Youanmi joint venture project in Western Australia.

Gold explorer Vango Mining has launched a $15 million share placement to fund upcoming drill programs at its flagship Marymia project in Western Australia.

Explorers Kin Mining, Mindax and Bryah Resources have each launched capital raisings today, with the majority of the proceeds to advance drill programs in Western Australia, while Chile-focused Tesoro Resources is seeking funds to advance its El Zorro gold project.

Perth-based Hazer Group is raising $8.4 million from a share placement to fund the development of its proposed hydrogen plant, which will be built at Water Corp's Woodman Point facility, while Harvest Technology Group is raising funds for software development.

Piedmont Lithium has launched a $29 million capital raising to advance its namesake project in the US, while Arafura Resources and Vimy Resources are raising funds to develop rare earth and uranium projects in Western Australia and the Northern Territory.

Metals X has signed a $32 million farm-in and joint venture agreement with IGO, which will explore the company’s copper operations in the Paterson province, while also announcing the potential restart of its Nifty operations.

Online retailer Kogan.com has recorded surging sales and is raising up to $115 million through a share sale to institutional and retail investors, while electronics and furniture retailer Harvey Norman also reported its sales were up this morning.

EHR Resources has signed a strategic alliance with a privately owned company focused on diamond exploration in Botswana, marking its third diamond deal in three months.

Black Rock Mining has entered into a strategic alliance agreement with South Korean industrial company Posco to develop its flagship graphite project in Tanzania.

ASX-listed Waterco is purchasing Kreepy Krauly distributor Autopool for $3.08 million, as the company seeks to expand its range of pool equipment products.

Legend Mining has launched a $20 million share placement to progress its nickel-copper project in the Fraser Range, while fellow Western Australian explorers Auroch Minerals and Xantippe Resources have also announced capital raisings.

Subiaco-based Peninsula Energy is raising $40.3 million under a heavily discounted rights issue to help repay its existing term debt and advance its flagship uranium project in the US.

Subiaco-based Perseus Mining is set to gain control of a potential new gold project near its Sissingue mine after announcing a friendly takeover bid for Exore Resources in a scrip deal worth around $60 million.

Shares in Decmil dropped by more than 50 per cent today after the engineering and construction company completed a heavily discounted rights issue, which is part of a broader $50 million capital raising plan.

Subiaco-based Black Cat Syndicate is set to acquire two gold projects from Silver Lake Resources in a deal worth around $5.2 million.

Rox Resources, Kingston Resources and Core Lithium have received commitments to raise a combined $20.6 million under share placements, with part of the proceeds to go towards the companies' gold and lithium projects.

Technology company Kyckr is raising up to $10 million from a placement and share purchase plan, with the Sydney-based firm planning to use the funds to build on recent international sales.

Warrego Energy has received commitments to raise $15 million from a two-tranche share placement, with the proceeds to go towards drilling at its West Erregulla development in the Perth Basin.

Kairos Minerals is looking to raise up to $4.2 million from a share placement and rights issue, while RTG Mining and Paterson Resources have also recently launched capital raisings.

Panoramic Resources has edged closer to the restart of its Savannah nickel mine in the East Kimberley after launching a $90 million capital raising, with Western Areas to emerge as a new strategic investor.

Invex Therapeutics has received a $5 million investment from Andrew Forrest’s Tattarang as part of a share placement, with the proceeds to go towards the company’s research into neurological diseases.

Kalium Lakes has formally launched a heavily discounted share placement and rights issue to raise up to $61 million, with the funds to cover an overrun in capital costs at its Beyondie potash project in Western Australia.