Alkane Resources has received commitments to raise $20 million through a share placement, and up to $34.8 million through a 1-for-8 rights issue, to accelerate exploration and development programs in the Tomingley gold corridor in New South Wales.
NRW Holdings has purchased BGC Contracting for $116.4 million in cash, three weeks after it was named preferred bidder, and plans a capital raising of $130 million to fund the transaction.
West Perth-based Catalyst Metals has received commitments to raise $7.9 million through a share placement, backed by Gina Rinehart's Hancock Prospecting, to accelerate its Four Eagles and Tandarra gold projects in Victoria.
Two Australian Finance Group founders have sold shares worth about $27.6 million, about 5 per cent of the company, as they plan to diversify their portfolios.
Western Australia’s latest initial public offering has brought together an unlikely pairing – a tech company that has been strongly supported by venture capital investors and a stockbroking firm that has traditionally focused on the mining sector.
Not-for-profit group Communicare Inc has announced the acquisition of White Ribbon Australia, following negotiations with liquidators Worrells Solvency and Forensic Accountants.
West Perth-based APM has been forced to lift its takeover bid for ASX-listed Konekt for a second time, increasing its offer price from 64 cents to 70 cents per share, to match a second higher offer from competing bidder Maximus.
US-focused Winchester Energy has received commitments to raise $6.4 million through a share placement to fast-track oil exploration and production activities at its Permian Basin project in Texas.
Perth-based Veris has sold its advisory service arm Elton Consulting to global engineering group WSP for $13 million, in a bid to retire debt and strengthen the company's cash position.
Perth-based Mincor Resources has received commitments to raise $30 million through a placement, backed by major shareholders Andrew Forrest and Independence Group, and is looking to raise a further $5 million through a share purchase plan.
Perth-based Meteoric Resources has received commitments to raise $7 million through a share placement to accelerate its Juruena and Novo Astro gold projects in Brazil.
Ocean Grown Abalone is seeking to raise $2.9 million through a one-for-eight rights issue to progress the feasibility and development of its Esperance hatchery and grow-out project in Western Australia.
Perth-based property group Australian Development Capital (ADC) has acquired the Belmont headquarters of international rail solutions group Hitachi Rail in an $18 million transaction.
Minerals explorer Alderan Resources has entered an earn-in and joint venture agreement worth up to $US30 million with Rio Tinto to explore its Frisco project in Utah.
African-focused gold explorer Tietto Minerals announced it would raise $17 million through a share placement, primarily to fund drilling at the company’s Abujar project in Côte D’Ivoire.
Saracen Mineral Holdings confirmed today it has agreed to buy a 50 per cent stake in Kalgoorlie’s famous Super Pit gold mine with managing director Raleigh Finlayson saying the asset has already delivered positive surprises.
Rio Tinto said it will subscribe to $326 million rights shares of Energy Resources of Australia, which has been desperately seeking funds to close and rehabilitate the controversial Ranger uranium mine.
West Perth-based Talga Resources is seeking to raise $6.25 million through a share placement and purchase plan, primarily to fund the development of its graphite project in Sweden.
Biotech company Phylogica announced it had increased its shareholding in Vision Pharma to 90 per cent, following a $15 million investment using funds it had raised through a recent rights issue.
Engineering company Monadelphous has entered the Chilean market with the acquisition of two jointly-owned mining services providers, Buildtek and Maqrent.
Fortescue Metals Group has agreed to a $6 million farm-in with Carawine Resources to explore its Paterson project in Western Australia, and a $2 million farm-in with Reward Minerals to explore its potash tenements in the McKay range.
Junior gold explorer Breaker Resources has agreed to a non-brokered $8 million placement to a private equity fund managed by New York-based Electrum Group, with the proceeds to fund drilling activities at Breaker’s Lake Roe mine in Western Australia.
Perth-based WestStar Industrial has increased its service capabilities with the acquisition of oil and gas-focused steel fabricator Alltype Engineering.
Venus Metals Corporation has entered into an underwriting agreement with Ord Minnett to exercise $5.7 million worth of options to progress exploration activities at its base metal projects in Western Australia.
Panoramic Resources has advised shareholders not to take action in respect of the off-market takeover offer launched last week by Independence Group, while also criticising some of the conditions attached to the offer.
West Perth-based Sky and Space Global has revised its previously announced plans for a $15 million capital raising, with the funds to be raised through a placement and rights issue at 0.5 cents per share.
Perth bodybuilder Danny Pavlovich is planning a stock market listing of his business Nutrition Systems, which has quietly grown to become one of Australia's leading suppliers of supplements with annual sales of $50 million.
West Perth-based APM has been forced to lift the value of its takeover offer for Konekt by 30 per cent after a competing bidder lodged a proposal for the ASX-listed health solutions provider.
Three Western Australian companies led by experienced mining executives are hoping to defy the slump in new stock market listings by launching initial public offerings over the past week.
Subiaco-based Pointerra has announced commitments to raise $2.5 million through a share placement, primarily to fund the recruitment of further employees and technical resources.
