Staff Reporters

LEEDERVILLE-BASED Pharmanet Group Ltd has announced positive results from research into its protein fragment drug, which inhibits reaction to UVB burns.

IN the words from the old country song The Gambler: “You’ve got to know when to hold ’em, know when to fold ’em, know when to walk away, know when to run.” So it is in business.

Proposed ASX code: EKA Issue price: $0.20 Principal activities: base metals and diamond exploration.

S.S.C.H Investments Pty Ltd ceased to be a substantial shareholder.

Denlin Nominees Pty Ltd became a substantial shareholder with a relevant interest of 14,312,500 ordinary shares (5.00%).

MM&E Capital Pty Ltd increased its relevant interest from 17,427,448 ordinary shares (8.52%) to 19,301,400 ordinary shares (9.44%).

Has today entered into an Option Agreement to acquire the rights to iron ore deposits covered by Exploration licence E29/495 in the Yilgarn district of Western Australia.

Andrew Hadfield and Brian Handley (pictured) have joined the board of Diabetes Australia Western Australia.

Will place 3,117,059 shares at 17 British pence (A$0.40) to sophisticated investors in the UK raising a gross amount of 529,900 British pounds (A$1,246,823).

Partner with good references considered from $250,000. The unique management system doubles the turnover every year. Exciting products in the food industry.

Proposed code: GEM Issue price: $0.20 Principal activities: diamond exploration.Corporate: Monty House (chairman); Les Field (technical director); Anthony Short (non-executive director); Peter Hwang (

Portfolio Partners Limited and entities in the AVIVA plc Group became a substantial shareholder with a relevant interest of 5,540,460 ordinary shares (5.08%).

Paladin Resources Ltd increased its relevant interest from 22,500,000 ordinary shares (5.06%) to 23,500,000 ordinary shares (5.28%).

Merrill Lynch & Co Inc decreased its relevant interest from 25,626,623 ordinary shares (9.82%) to 16,285,022 ordinary shares (5.72%)

Has changed its name to EFTel Limited (EFT).

CAZALY Resources Ltd has lodged its second submission to the Western Australian Department of Industry and Resources in support of its application for the Shovelanna iron ore project, responding to Ri

Bank of Scotland, which recently bought BankWest, the Perth-based regional bank, from the Western Australian state government for $900m, is aiming to recoup $437.7m of that when it floats a 49% intere

To help small business do business better, the Australian Competition and Consumer Commission has established a dedicated small business helpline.

LEADERSHIP Western Australia is a not-for-profit public company that develops the potential of emerging Western Australian leaders from all business sectors.

Proposed code: BNR Issue price: $0.20 Principal activities: mineral exploration.

John Walstab ceased to be a substantial shareholder.

Saracen Mineral Holdings Ltd became a substantial shareholder with a relevant interest of 25,545,230 ordinary shares (9.4%).

Monarch Resources Ltd increased its relevant interest from 51,849,822 ordinary shares (25.4%) to 80,822,748 ordinary shares (39.5%).

Announce that agreement has been reached with Falconbridge (Australia) Pty Ltd to fund exploration for nickel sulphide mineralisation on its 100% owned tenements in the Beasley and Bellary areas of WA

Response to ASX Query

Has today formalised arrangements with DJ Carmichael Pty Limited to raise up to $1,900,000 by way of an issue of up to 10,000,000 fully paid ordinary shares at an issue price of 19 cents per share.

Price: $540,000 This business manufactures a well known range of industrial paints and coatings.

Proposed code: CEO Issue price: $0.20 Principal activities: optical wholesale production.(08) 9328 3311 The company is aiming to raise $2.5 million. Sponsoring securities dealer: Marketech.

Rita Marian Brooks & William Paul Brooks became a substantial shareholder with a relevant interest of 8,357,707 ordinary shares (32.33%).

Richard Zbigniew Opara increased its relevant interest from 63,772,301 ordinary shares (36.38%) to 99,000,000 ordinary shares (45.19%).

Adrian Neil Larking changed its relevant interest from 7,500,000 ordinary shares (13.51%) to 7,531,250 ordinary shares (12.73%).

Has entered into an agreement with Mineralogy Pty Ltd ("Mineralogy") under which SBNC has the exclusive right to purchase Cane River Mining Pty Ltd ("Cane River"), a wholly owned subsidiary of Mineral