Deals

Dalaroo Metals has had a strong finish to its first day of trading, closing up almost 50 per cent as the company gets ready to explore its Western Australian projects.

Western Australia’s Eagle Mountain Mining and 92 Energy have each announced capital raisings and will use the proceeds to explore their North American projects.

Dexus has bought Jandakot airport and surrounding land for $1.3 billion, establishing its footprint in WA logistics infrastructure.

Karl Simich-led Sandfire Resources is set to become one the largest listed copper producers through the $2.6 billion cash acquisition of an operation in Spain.

Gina Rinehart’s West Kimberley station Nerrima has sold for more than $30 million, as well as two additional pastoral stations Ruby Plains and Sturt Creek for an undisclosed sum.

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.

Raleigh Finlayson is set to lead Genesis Minerals after agreeing to invest $7 million in the local gold explorer, as part of a broader raising backed by Nev Power and Michael Bowen.

Privately owned Perth company APM has established a powerful advisory board ahead of a likely ASX listing, with new appointments led by Ben Wyatt and Nev Power.

Gold explorer Star Minerals is on track to list on the ASX next month, having received a $2.5 million investment from Magnolia Capital.

Nex Metals Explorations has sought undertakings from joint venture partner Metalicity after alleging a breach in the pair's joint venture agreement amid a hostile takeover.

Pearl Gull Iron has had a quiet start to its first day of trading, as it continues to explore its Cockatoo Island tenements off the coast of WA.

Wesfarmers looks like it may have sealed a takeover of Australian Pharmaceutical Industries (API) after an increased offer for all shares.

GBM Resources is seeking to raise $7.4 million to continue exploring for gold in Queensland's Drummond Basin, while Conico and Corazon also announced capital raisings.

Shares in Pilbara Minerals jumped 8 per cent to close near all-time highs today after the company announced strong results from its second online lithium auction.

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.

Sydney Airport Corporation is closer to a decision on a takeover offer and will let an investor group examine its books after a higher bid.

Private equity group Five V Capital has made its second WA-focused investment this year, becoming a shareholder in share registry Automic Group.

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

Santos and Oil Search have struck an agreement to merge their businesses through an all-scrip deal worth $21 billion.

DXN has secured $5.6 million in equity and debt, which will in part be used to purchase a data centre in Darwin.

Supercomputing business DUG Technology has raised funds from a discounted share placement to expand into the military, space, and renewables markets.

Mincor Resources has secured funds to build an accommodation camp for its proposed Cassini nickel operation near Kambalda.

Chris Ellison-led Mineral Resources has pocketed almost $330 million from the sale of its stake in lithium miner Pilbara Minerals.

MICROMINE has completed its second acquisition in less than three months, having purchased fellow Western Australian mining software business Alastri.

Shareholders in Red Hill Iron have voted in favour of selling an entire stake in a West Pilbara joint venture to Mineral Resources.

A joint venture between WA companies Pathfinder Resources and Cazaly Resources is set to list on the ASX in October, having launched an initial public offering to raise $9 million.

Grand Gulf Energy is raising $3.3 million to fund the acquisition of Australian helium business Kessel Resources.

Bellevue Gold says it is fully funded to bring its namesake project in WA to production after raising $106 million from a share placement and finalising a $200 million loan with Macquarie Bank.

Four Western Australian explorers are preparing to list on the ASX, having launched initial public offerings to raise a combined $34 million.

Shares in MGC Pharmaceuticals have risen more than 40 per cent after the WA company revealed first orders for its plant-derived medicinal products in the US.

Beacon Minerals is set to extend the life of its Jaurdi asset in Western Australia following the purchase of a nearby gold project.

West Perth-based Definitiv is set to bolster its Asia Pacific reach after being bought by fellow software company The Access Group.