Deals

The Jersey Street asset was sold by a syndicate of six sellers.

The low-profile Perth billionaires bought the asset from global aerospace and defence group L3Harris Technologies for $4.18 million.

Nickel junior GME Resources has lined up a potential offtake deal with global automotive manufacturer Stellantis as it sounds out investors for a planned capital raising.

Duratec will buy private welding and engineering business Wilson’s Pipe Fabrication for up to $18 million in a bid to tap into the oil and gas market.

Battery materials company Talga Group has tapped institutional investors for $22 million to bankroll the expansion of its Vittangi Anode project in Sweden.

Gold Road Resources has taken up nearly $26 million worth of new shares via De Grey Mining’s latest placement to cement its place as the junior’s biggest shareholder.

Daughter of bankrupted Perth racing identity Alan Macalister, Kirsty Wardle, has sold two Bayswater properties, both subject to freezing orders in the Federal Court.

De Grey Mining is sounding out institutional investors for a $150 million capital raising to fund a definitive feasibility study for its star asset.

Uranium explorer Basin Energy has listed on the ASX with plans to size up three exploration projects in Canada following a $9 million initial public offering.

The Perth fund manager has bought a South Guildford industrial asset and Queensland medical facility for close to $23 million combined.

Mining contractor Thiess has moved to a 51.83 per cent shareholding in takeover target MACA, giving it effective control of the Perth company.

Core Lithium has kicked off a $100 million share placement to advance exploration and construction efforts at the Finniss lithium project in the Northern Territory.

Red 5 is chasing $60 million from institutional investors to cover ramp-up costs for its new King of the Hills operation as consolidation talks with fellow Leonora miner St Barbara continue.

Perth-founded APM Human Services International has moved to bolster its presence in North America by acquiring an employment services business for $225 million in cash.

Hawaiian fetched more than $100 million for the St Georges Terrace asset.

MC Mining is expecting to raise $40 million to fund its flagship Makhado project via a renounceable rights issue.

Firefinch says it is evaluating alternative funding options after pulling the pin on a planned capital raising, pointing to a weaker gold price and Australian-US dollar exchange rates.

A Queensland-based commercial property investor and funds manager has acquired an industrial and engineering workshop in Kalgoorlie for $10.9 million.

Genesis Minerals has secured full control of friendly takeover target Dacian Gold, triggering Nev Power’s retirement from the board and the appointment of prominent director Tony Kiernan.

A nine-hectare lot with holding income has been sold for $31.5 million, with plans to develop an A-grade logistics facility on the vacant portion of the land.

Centuria Capital is the confirmed buyer for the office tower, in a joint venture with MA Financial Group.

AIC Mines has laid plans to make a $36 million scrip bid for recently-listed explorer Demetallica, sending the target’s share price up 42.5 per cent.

Subiaco-based lithium play Octava Minerals closed its first trading day on the local bourse up 27.5 per cent on the back of $6 million initial public offering.

West Perth-based Anson Resources has received commitments to raise $50 million as it works towards making a final investment decision for its flagship project in Utah.

Lithium Energy has tapped new and existing investors for $15 million to fund a drilling campaign at its Solaroz lithium project in Argentina.

Shares in Warrick Hazeldine-chaired Global Lithium Resources have risen to a new high after major shareholder Mineral Resources lifted its interest in the business.

Rio Tinto and its largest customer China Baowu Steel Group have cemented a joint venture to develop the Western Range iron ore deposits in the Pilbara at a cost of $US2 billion.

Gaming entrepreneur Laurence Escalante has acquired almost 10 per cent of software business icetana as part of a changing of the guard in major support.

Perth-based multinational APM Human Services has shot down speculation it is gearing up to take over employment services major Angus Knight.

A subsidiary of Shanghai Stock Exchange-listed Chifeng Gold has bought $49.3 million worth of shares in aspiring West African gold producer Tietto Minerals.

Aspiring gold producer Greatland Gold has recruited three of the state’s most prominent company directors while also attracting Andrew Forrest’s Wyloo Metals as its top shareholder.

Mineral Resources shares have soared to an all-time high amid speculation that the Chris Ellison-led miner is considering a spin-out of its lithium operations.