Paladin Energy has announced plans to move to full ownership of fellow Perth-based uranium company Summit Resources, in a scrip deal worth around $7.8 million.
Perth-based Metals X has raised $50 million via an institutional placement, with the proceeds set to be spent at the company’s Nifty copper project in the Pilbara.
Ventnor Resources has exercised an option agreement to acquire the Muchea silica sand project north of Perth, while also announcing a $2.4 million capital raising.
Lion Energy is pleased to advise it has executed an agreement to sell the Company’s holding in South Block A to Blue Sky Resources for a nominal amount of $10.
Constellation Resources, a spin-out of Apollo Minerals’ Fraser Range assets, has begun trading positively on the ASX today, after raising $7 million via an initial public offering.
Mineral Resources and Brockman Mining have announced plans to jointly develop a major iron ore mine that will underpin construction of a new rail line and port facilities at Port Hedland.
Junior explorer PolarX has boosted its coffers with a $3.9 million capital raising, with the proceeds to fund the company’s exploration program at its Alaska Range project.
Bentley-based Spookfish has struck a takeover deal with its largest shareholder, US-based EagleView Technologies, which values the local tech company at $121.6 million.
Resource Development Group has made its first major purchase since the sale of three subsidiaries in 2015, buying a majority stake in mining services business Mineral Solutions Australia for $2.8 million.
Nedlands-based NeuroScientific Biopharmaceuticals, which has been bankrolled by the Clough family, is set to begin trading on the ASX tomorrow, after raising $6 million via an initial public offering.
Fleetwood Corporation has continued with a major reshaping of its business, announcing two acquisitions on the east coast and a $60 million capital raising, one month after selling its caravan manufacturing business.
Car rental and mechanical service company Thrifty WA has begun a $20 million expansion of its operations in the Goldfields, a new branch at Kalgoorlie-Boulder Airport.
Wesfarmers has announced it anticipates the demerger of Coles to be completed by the end of November, after the company’s annual general meeting, and will seek to retain a 15 per cent stake of the business.
MOD Resources has moved to full ownership of its T3 copper project in Botswana, after acquiring UK-based Metal Tiger’s stake of the project in a scrip deal worth $26.6 million.
Hancock Prospecting’s $390 million takeover bid for struggling iron ore miner Atlas Iron has been endorsed by independent expert BDO, which found the pricing was fair and reasonable.
Altech Chemicals is pleased to announce that it has received commitments from a variety of institutional and professional investors for a share placement of ~$17 million.
Listed funeral company InvoCare has continued to expand its market share in Western Australia, after purchasing South West business Archer & Sons Funeral Homes.
Canada-listed BlueBird Battery Metals has entered into an agreement to farm-in to Impact Minerals’ Broken Hill project in NSW, in a cash-and-scrip deal worth about $5.5 million.
Tap Oil has urged shareholders to reject a $29.8 million takeover bid from major shareholder Risco Energy Investments, after independent expert BDO valued the company well above the offer price.
Sandfire Resources has entered into a strategic relationship with Victoria-based White Rock Minerals, which includes a $2.5 million equity investment and an option to earn-in to the junior explorer’s Red Mountain zinc project in Alaska.
Diversified contractor Tempo Australia has announced it will acquire NSW-based telco services company Comsite Services in a deal worth up to $4 million.
Automotive Holdings Group today announced that HNA International (HNA) has confirmed that it is terminating the agreement announced on 23 November 2017 to acquire the Company’s Refrigerated Logisti
