Deals

Seven West Media has today become the largest Australian news organisation to strike a content sharing agreement with Google, while also announcing a profit recovery.

Perth-based 88 Energy has announced the resignation of its managing director while completing an oversubscribed share placement of $12 million.

West Perth-based EcoGraf has secured funding from institutional investors to finalise the construction of its $98 million battery graphite processing plant in Kwinana.

Subiaco-based Cyprium Metals is set to acquire copper assets in WA from Metals X while announcing a $90 million capital raising to help fund the purchase.

Listed tech company CV Check is poised for faster growth after acquiring Perth firm Bright People Technologies, bringing together two pioneers in workforce management software.

All four staff members at Subiaco-based firm O’Sullivan Partners will join the ranks at Panetta McGrath Lawyers when the firms merge in April.

Perth-based Argosy Minerals has raised $30 million from investors to begin construction of its Rincon lithium project in Argentina.

Metals-focussed Mamba Exploration has had a strong start to trading, with its share price closing up 52 per cent ahead of a planned exploration program in Western Australia.

Local lithium play Vulcan Energy Resources has secured a cornerstone investment from Gina Rinehart's Hancock Prospecting, as part of a $120 million placement.

Curtin University spin-out Hyprfire has raised $2.25 million from local investors to commercialise Its cyber security technology.

Shares in Perth-based BlackEarth Minerals have more than doubled after it announced a likely offtake deal and joint venture with a major US company.

Perth-based investment group BPH Energy has raised $9 million from a share placement to increase its stake in explorer Advent Energy and fund a drilling program in NSW.

Mining giant BHP has signed an agreement with the operator of Western Australia’s largest solar farm to supply half of the electricity needs at its Kwinana nickel refinery.

WA tech company K2fly has agreed to purchase business assets associated with Wesfarmers’ Decipher for Mining software.

Welshpool-based MACA has completed its acquisition of Downer EDI’s mining services business, which includes contracted work on major operations in Western Australia.

Andrew Forrest’s Western Force has unveiled a new academy in partnership with Fortescue Metals Group, which aims to bolster local rugby talent.

Newly listed businesses on the ASX returned 34 per cent in 2020, while 74 companies joined the bourse.

Perth-based industrial services company Vertech Group has added to a string of acquisitions by purchasing a majority stake in APS, doubling annual turnover to more than $120 million.

NBL club Perth Wildcats has partnered with wearable hearing tech company Nuheara, which today announced a record $6.9 million in first-half sales.

For the second year running, Macquarie Capital and Canaccord Genuity have topped Business News’ league table for capital raisings.

A post-pandemic bounce back in initial public offerings could indicate confidence among WA investors.

Several Perth companies executed value-creating mergers and acquisitions last year, none more so than Pilbara Minerals.

Andrew Forrest’s Tattarang has struck its third Canadian deal, this time to develop a nickel project in Quebec under a $25.4 million agreement with Orford Mining Corporation.

Local businessman Norman Asch and accounting firm partner Todd Grover have become the majority shareholders in Western Australian sign-making company Kingman Visual.

Perth-based exploration company Eclipse Metals has acquired the Ivittuut mine in southwestern Greenland, the world’s only commercial cryolite mine, through a cash and scrip deal.

Rio Tinto has prolonged the operation of New Zealand's only aluminium smelter after signing a power contract the miner says will help its viability.

WA electric vehicle business Vmoto has secured its most significant order to date, with European company Greenmo Group.

All directors of Perth-based Cardinal Resources have accepted a takeover proposal from China’s Shandong Gold, which recently raised its offer price to $1.075 per share.

Perth-registered Piedmont Lithium will spend $US12 million for a stake in both Queensland’s Sayona Mining and its Quebec subsidiary.

Plico Energy has locked in $2.4 million from investors while also agreeing to a $1.6 million debt facility with a major lender, with the funds to go towards its WA marketing initiatives.

Sheffield Resources has agreed to form a joint venture for its Thunderbird mineral sands project in WA, while disclosing its existing financing arrangements have been terminated.

Trek Metals has expanded its exploration efforts in the Pilbara after signing separate agreements to acquire gold and iron ore tenements, close to the company’s Pincunah project.