Western Australian small-cap explorer Impact Minerals has announced a successful $2.59 million capital raising to fund drilling projects in New South Wales.
Perth-based online movie streaming and DVD rental provider Quickflix has completed a share placement and board restructure with the appointment of a new non-executive director and new corporate advisers.
Exploration firm Red River Resources has seen its share price jump by over 80 per cent after it entered into a $6.5 million agreement with the administrators of collapsed explorer Kagara, for the sale of its projects in northern Queensland.
Property giant Stockland’s hopes to snare rival Australand have been dealt a massive blow, with the takeover target agreeing to a $2.6 billion offer from Singapore.
Nedlands-based TFS Corporation has announced the purchase of an established Indian sandalwood plantation, with the purchase expected to boost its net profit as a result of a revaluation of the trees.
The Farooq Khan-led Bentley Capital has revealed that it received an $8.4 million offer from a mystery bidder for its stake in the ASX-listed cash shell Molopo Energy.
Rey Resources has entered into an agreement to raise $3 million which will fund a new well in the perth basin, as AWE also this week commenced drilling a new well in the same region.
Perth-based Moko Social Media is preparing to debut on the technology focused NASDAQ stock exchange in New York ahead of a $10 million capital raising.
Baosteel and Aurizon are set to take control of Aquila Resources after another major shareholder threw their support behind the $1.4 billion takeover deal.
Cradle Resources has tapped the investors to raise $3.6 million, while also receiving the first $US5 million tranche of payment as part of its divestment of a 50 per cent stake in its Panda Hill niobium project in Tanzania to Tremont Investments.
Perth exploration firm Hannans Reward has entered into a joint venture agreement with Reed Resources for 20 per cent interest in its Lake Johnston nickel sulphide project west of Norseman.
Perth based hydrocarbon production firm Antares Energy has announced it intends to place 9.75 million convertible notes at an issue price of $2.00 per note to raise $19.5 million.
Aquila Resources’ share price has stabilised at just below its $3.40 per share takeover offer, indicating the market is backing Baosteel and Aurizon to succeed with their $1.4 billion takeover.
Perth gold exploration firm Enterprise Metals has completed a capital raising of $1.2 million, which was achieved through the placement of 24 million shares valued at 5 cents per share.
Perth-based Safety Medical Products is focusing its activities back in the medical sphere, signing an agreement to acquire an unlisted 3D printing company six months after backing out of a deal to purchase a gold exploration project in Brazil.
Nickel and gold explorer Duketon Mines has outlined plans for a $6 million initial public offering in what will be just the second float by a Western Australia-based resources company this year.
Property services and engineering company UGL has clarified that it intends to return surplus net proceeds from the sale of DTZ to shareholders following completion of the transaction and after the pay down of debt.
Westfield will leave its Australian shopping centres behind in search of growth opportunities overseas after winning a tough shareholder battle over its $70 billion restructure.
Stockland boss Mark Steinert has indicated the company may not increase its $2.5 billion bid for rival property developer Australand to match a higher bid from Singapore.
A major shake-up in the national child care industry has resulted in the owners of five Western Australian chains reaping an estimated $150 million from the sale of their businesses this year.
Perth exploration company Black Range Minerals intends to raise $2.1 million in capital through a placement and share purchase plan to fund its offshore projects.
