Listed software developer K2fly is raising $7.25 million from a share placement, primarily to strengthen its balance sheet and pursue potential acquisitions.
Seven Group has entered a trading halt ahead of a $550 million equity raising, aimed at helping the company reduce its debt and pursue further growth opportunities.
Primewest has received an off-market takeover bid from fellow property fund manager Centuria Capital, with the combined group to have $15.5 billion in assets.
Shares in Talisman Mining closed up more than 30 per cent after the company announced its first royalty payment over Mineral Resources’ new iron ore mine in the Pilbara.
Global fund manager Blackstone has changed a condition of its proposed purchase of Crown Resorts, as two royal commissions threaten to strip licences from the gaming group.
The sale of IGO’s 30 per cent stake in the Tropicana gold mine appears close to being completed, with Regis Resources tipped as the successful bidder after Gold Road Resources said its offer had not been accepted.
Australian civil contractor Dowsing Group is set to double its turnover following the acquisition of two civil services businesses and an expansion into New South Wales.
The GO2 People has continued its acquisition strategy with a second 2021 deal, reaching an agreement to purchase Western Australia-based Skill Hire Australia.
James Packer will consider selling his 37 per cent stake in embattled Crown Resorts after US investment fund Blackstone last month made an unsolicited $8 billion offer for the gaming giant.
Rox Resources is planning to demerge two nickel assets into a new listed entity to focus on the development of its flagship Youanmi gold project near Mt Magnet.
Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.
Australia’s second oldest family business, Lionel Samson Sadleirs, has sold its Plantagenet Wine business to Tom Wisdom, a sixth-generation descendant of founder Lionel Samson.
Cranecorp and Tutt Bryant are forming a joint venture to provide clients access to a larger supply of cranes, heavy and lifting and transportation equipment.
Australian Strategic Materials has secured $65 million from investors while announcing plans to raise a further $41 million to build a rare earths processing facility in South Korea.
Mincor Resources has secured $55 million in funding from two banks to progress the restart of its Kambalda nickel operations, expected early next year.
Apollo Consolidated is selling its entire royalty over a goldmine in Cote d’Ivoire to fund further exploration at the company’s Lake Rebecca project in WA.
Subiaco-based Paladin Energy is using funds secured from a placement and fully underwritten rights issue to progress the restart of its uranium operations in Namibia.
