Carnarvon Petroleum has boosted its coffers with a $16 million capital raising to fund drilling at its Buffalo oil field in the North West Shelf, while also announcing a share purchase plan to raise up to $4 million.
West Perth-based Latitude Consolidated has agreed to sell its Mt Ida gold project near Leonora to Alt Resources in a cash and scrip deal worth $2 million.
Artemis Resources has announced plans to sell its stake in Canadian joint venture partner Novo Resources for $20.7 million, with the proceeds set to be spent on exploration at the company’s conglomerate gold assets in the Pilbara.
ASX-listed travel company Helloworld has taken a majority stake in Asia Escape Holidays, four years after a backdoor listing plan by Asia Escape and two other Perth travel agencies fell through.
West Perth-based Rox Resources has announced plans to spin-out its Mt Fisher gold project into a newly established company, Helios Gold, via an initial public offering.
Gold miner Beadell Resources has raised $US23 million ($30 million) via a share placement and convertible debentures to fund an upgrade of its Tucano mine.
Scarborough-based West African Resources has tapped investors for $35 million via a capital raising to progress its Sanbrado gold project in Burkina Faso.
A new business backed by Quadrant Private Equity and the Perth-based family of Timezone founder Malcolm Steinberg has completed the purchase of Ardent Leisure Group’s bowling and entertainment division.
After overhauling Tap Oil’s board earlier this year, major shareholder Risco Energy Investments has made a $29.8 million takeover offer for the Perth-based oil and gas company.
Local shipbuilder Austal has expanded its footprint in the US with the acquisition of technology company ElectraWatch in a cash deal worth $US6.7 million ($9 million).
Peter Bilbe-led Adriatic Metals began trading on the ASX today, after the company raised $10 million via an initial public offering to fund exploration work at its Veovaca and Rupice projects in Europe.
Applecross-based Mineral Resources is looking to sell a 49 per cent stake in its Wodgina lithium project, as work to investigate the feasibility of a lithium hydroxide or carbonate processing plant at the site continues.
New Century Resources has raised $40 million to complete the restart of its zinc mine in Queensland, while Vimy Resources and Geopacific Resources have tapped investors for $6 million and $10 million respectively.
Emeco Holdings has made its fifth big acquisition in the past three years, acquiring Queensland-based Matilda Equipment for $80 million while also announcing a $90 million capital raising to fund the purchase.
Local startups and young technology companies registered a big decline in funds raised in the March quarter compared to December, according to the latest report from tech sector analysts Techboard.
Japanese group Mitsui & Co has begun the compulsory acquisition process of Waitsia gas field operator AWE, after increasing its stake in the oil and gas company above the 90 per cent threshold last week.
Perth-based Apollo Minerals has announced plans to spin-out its Fraser Range assets via an initial public offering, as the company focuses on its European tungsten and gold projects.
King & Wood Mallesons Partner Nathan Collins, who was involved in the debt restructuring of troubled uranium miner Paladin Energy, says the deal, which left existing shareholders with a 2 per cent stake, was the only real option for the company.
West Perth-based Australian Finance Group has announced it will purchase a 30.4 per cent stake of Sydney-based commercial property lender Think Tank Group for $10.9 million.
Brian Gilbertson-led Jupiter Mines has made a steady start to trading on the ASX today, after the manganese miner completed a $240 million initial public offering.
Emerge Gaming (formerly Arrowhead Resources) started trading on the ASX today, after the former junior explorer completed a reverse takeover of private technology company Gaming Battle Ground for $3.7 million, and raised $5 million via an initial public offering.
Gold-focused Titan Minerals has signed an agreement to purchase a processing plant in northern Peru in a cash and scrip deal for approximately $6.5 million.
Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every t
Perth-based Andrew Hopkins has led a $508 million buyout of national panel beating business AMA Group, with the deal backed by private equity giant Blackstone.
Mark Connelly-led Tao Commodities is set to commence trading on the ASX on Monday, after the junior explorer raised $4.7 million via an initial public offering.
Perth-based Genesis Minerals has received commitments to raise $5 million through a share placement, with the funds to be spent on a drilling program and a feasibility study at its Ulysses gold project.
Finbar Group has raised $31 million through a share placement, with the funds going towards the construction of the $350 million Canning Bridge project in Applecross and the $108 million Palmyra Apartments Estate project.
Junior explorers Black Mountain Resources and Australian Vanadium have announced $3 million capital raisings, while gold-focused Crusader Resources is tapping investors for $6.5 million as part of its initial public offering on the London AIM.
