FINANCIAL Resources bought the remaining 50 per cent of Aspen Group’s capital in joint venture debenture issuing vehicle Aspen Financial Resources Limited for $150,000.
Company has closed its renounceable 1 for 4 rights issue with applications for 8,230,825 shares totalling $1,234,623.75, being a 76% take up by shareholders.
The buoyant stock market and strong commodity prices have enabled a raft of Western Australian resource companies to raise additional capital this month for expansion projects.
THE Australian Competition and Consumer Commission has held up the sale of Joyce Corporation’s foam business to Pacific Brands until at least next month.
LARGE Australian wine player Casama Group, through its national wine warehousing and logistics arm BAM Wine Logistics, has been buoyed by the growing d