Steinepreis Paganin

Perth company Stealth Global Holdings will start trading on the ASX tomorrow after completing a $12.5 million IPO and paying $9 million for local firm Heatleys Safety and Industrial.

SPECIAL REPORT: WA companies participated in 175 corporate finance transactions worth $7.6 billion in the September quarter, with one of the most complex and innovative being the recapitalisation of Eastern Goldfields.

Property developer Nicheliving has hit the restart button on its planned ASX listing, after making several major changes to the business, including announcing plans to appoint a new corporate adviser and auditor.

Terry Streeter-chaired Moho Resources is set to list on the ASX tomorrow, while the experienced mining executive has also been appointed to the board of Chile-focused explorer Emu.

SPECIAL REPORT: Corporate finance dealmakers in Perth worked on just more than 800 transactions last year worth $51 billion.

The tally of new ASX listings from Western Australia remains at just two this year, with Gold Tiger Resources (Australia) canning its IPO after being hit by weak equity markets and gold sector woes and having to issue a supplementary prospectus.

Invex Therapeutics has become just the third WA-based company to list on the ASX this year, with Minderoo Group its largest shareholder.

A junior miner’s chief executive says he has voluntarily submitted to ASIC the contents of an internal investigation into a failed project expansion in India.

The chief executive of iron ore exploration and development company Elmore, formerly IndiOre, has confirmed his brother’s law firm undertook the independent review into the business’s failed project expansion, which was approved and under construction despite no adequate mineralisation being discovered.

A recycling and waste management business led by Bob McKinnon and Tom Rudas has kicked off plans for a stock market listing, with the company hoping to “supercharge” its growth and turn recent losses into substantial profits.

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.

Azure Capital, Canaccord Genuity and DLA Piper were among the most active advisers on corporate finance deals in 2019.

Oil and gas explorer Otto Energy is looking to raise up to $17.5 million, despite current market conditions, to fund the development of its well in the Gulf of Mexico.

Despite tough market conditions, two experienced Perth-based lawyers have today launched Mason Ledger, a full-service commercial law firm touting several major recruits from across the legal spectrum.

UPDATED: Private equity player Aurenne Group has made a $32 million all-cash takeover offer for ASX-listed Alt Resources, which is developing the Bottle Creek gold mine in Western Australia.

A flood of money for goldminers has defined WA’s corporate finance market this year, with Canaccord Genuity and Macquarie Capital leading the charge.

Western Australian companies Dacian Gold and NTM Gold have agreed to merge their assets, with the combined group to have a market capitalisation of $285 million.

A post-pandemic bounce back in initial public offerings could indicate confidence among WA investors.

For the second year running, Macquarie Capital and Canaccord Genuity have topped Business News’ league table for capital raisings.

Listed tech company CV Check is poised for faster growth after acquiring Perth firm Bright People Technologies, bringing together two pioneers in workforce management software.

Law firms Steinepreis Paganin and Thomson Geer and stockbroker Canaccord Genuity were the top deal makers in the June half.

Cleantech business Hazer Group and marine technology manufacturer VEEM have raised a combined $13 million from share placements to fund research and development initiatives.

Metalicity has sought to consolidate ownership of two gold projects in Western Australia after launching a hostile takeover bid for joint venture partner Nex Metals.

A Perth company that has partnered with Woodside Petroleum on multiple technology projects is raising capital to fund the global rollout of its ‘digital twin’ technology.

Apollo Consolidated shares ascended after receiving an off-market takeover offer from WA gold player Ramelius Resources as the company ramps up pursuits for feasible gold assets.

Ramelius Resources is on track to complete a $180 million takeover of Apollo Consolidated, having acquired more than half of the explorer's issued capital.

GreenTech Metals is acquiring tenements from Artemis Resources ahead of an ASX listing next month, having launched an IPO to raise $5 million.

Pitcher Partners chair Bryan Hughes and his wife Mai are looking to take their fresh food box business to the Australian Stock Exchange via a $6 million IPO.

Emerald Resources is proposing to acquire gold explorer Bullseye Mining in a $117 million scrip deal, granting the unlisted company some respite from its ongoing legal action.

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

Osborne Park-based Veris has struck a $30 million deal with Telstra, sending the surveying company's shares up by more than 25 per cent.

Sydney-based law firm Hamilton Locke has entered the Western Australian market with a bang after recruiting four corporate finance partners from HWL Ebsworth Lawyers.

Cyprium Metals is seeking up to $26 million from investors to fund a restart of its Nifty copper project in WA’s Pilbara region.

As the days of easy equity draw to a close, companies are pivoting to different methods of raising capital.

UUV Aquabotix will go ahead with a reverse takeover of emerging consumer fintech One Click Life after a successful fund raising effort that resulted in the maximum $5.5 million being accepted after oversubscriptions.

Zenith Insurance Services, Dardanup Butchering Co, Austral Pool Solutions, Omni Dental and Forpark Australia were among numerous private WA companies to change hands late last year.

Corporate advisory business Sternship Advisers and law firms Corrs Chambers Westgarth and Hamilton Locke lifted their market shares in 2022.

Leeuwin Metals’ debut on the ASX has marked the end of a two-month initial public offering drought for Western Australian companies.

The law firm is set to occupy level 14 of the 43-storey tower.

The golf industry is considering a range of non-traditional strategies to help ensure the game’s future.