Augusta seafood group Ocean Grown Abalone’s $5 million fund raising campaign is progressing under the stewardship of adviser View Street Partners, with the launch of its official offer document as
The transport and logistics subsidiary of Perth-based, family-owned CFC Group has acquired McAleese Group’s entire heavy haulage fleet for an undisclosed sum.
Perth-based technology company Smart Parking has announced plans to raise up to $10.9 million from investors to fund enhancements to its products, as well as sales and marketing work.
Perth-based OTOC has further expanded its operations with the acquisition of Tasmanian business Lester Franks Survey & Geographic for up to $5 million in cash and shares.
Technology company DTI Group has announced plans to raise $11.6 million from investors to bolster its balance sheet and fund development of its products.
Poseidon Nickel has landed an agreement for Kidman Resources to use its mothballed Lake Johnston infrastructure to process lithium ore from the Melbourne-based company’s Mt Holland mine, in a deal potentially worth at least $18.5 million.
Singapore-based Mitra Energy has completed the $US10 million ($A13.3 million) purchase of the Stag oil field off the Pilbara coast, but is still awaiting regulatory approval to take over as operator.
The wealth management division of HLB Mann Judd’s Perth office has expanded with the acquisition of local financial advisory firm Sovereign Plus for an undisclosed sum.
Applecross-based PDC Group has entered into an agreement for the sale of its building information modelling management business to a US construction services firm for an undisclosed sum.
Altura Mining has attracted a Chinese lithium battery producer for a $41.6 million investment in the business to assist with the development of its Pilgangoora lithium project in the Pilbara.
The first Sunday Times newspaper to be published under ownership of Seven West Media will be printed later this month, after purchase contracts were officially signed today.
Gold Road Resources has entered into a joint venture agreement with South African mining giant Gold Fields for its Gruyere project near Laverton, in a deal worth $350 million plus royalties.
Graphite explorer Metals of Africa has announced a $9 million capital raising and rebranding plans, with the company to change its name to ‘Battery Minerals Limited’.
A joint venture comprising Henderson-based contractor Civmec and international engineering firm Black & Veatch has been selected as preferred proponent for a $196 million wastewater project south of Perth.
A neuroscience-focused business that has been backed by the Perth-based Trevisan family has made a solid debut on the ASX after completing a $7 million initial public offering led by Azure Capital.
Oil and gas explorer Xstate Resources has entered into an agreement to acquire a 24.5 per cent stake in a producing onshore oil field in California for $US13 million ($A17 million).
Perth gold miner Saracen Mineral Holdings has locked in a financing facility of up to $150 million with a banking syndicate, replacing a previous loan deal that expired in September.
The founder and chairman of Fortescue Metals Group has reaffirmed his commitment to the iron ore industry by increasing his stake in the business, buying $6.9 million worth of shares in an on-market trade.
Belmont-based security company Threat Protect Australia has locked in a $10.5 million funding package with a Melbourne-based wealth management business, to continue its growth plans.
MMJ Phytotech has accepted a competing bid for the spin-out of its medical cannabis-focused Canadian subsidiaries onto the TSX Venture Exchange, with the new deal worth $C42 million ($A41 million).
Perth-based miner South32 has entered into an agreement to buy the Metropolitan Colliery and a 16.7 per cent stake in the Port Kembla coal terminal in NSW from Peabody Energy Corporation for $US200 million ($A261 million) in cash.
Altura Mining has followed the example of neighbouring lithium project developer, Pilbara Minerals, by purchasing a mothballed mine camp from Roy Hill Holdings.
The Australian Securities Exchange has softened the changes to its listing requirements for companies wishing to trade on the stock market, with the new rules to take effect from next month.
Soon-to-be lithium miner Galaxy Resources has expanded an existing agreement with investment group OCP Asia to borrow a further $16 million to meet working capital costs until first revenue is achieved at its Mt Cattlin mine.
Energy giant Woodside Petroleum says it has completed its $US440 million purchase of ConocoPhillips’ stake in an oilfield off the coast of Senegal, despite leaving a contractual dispute with one of the project’s partners unresolved.
Aspiring lithium miner Pilbara Minerals has agreed to purchase Roy Hill Holdings’ dormant 300-person camp facility for use at its Pilgangoora project for an undisclosed sum.