Africa-focused lithium explorer AVZ Minerals has attracted a Chinese miner for the bulk of a $15 million capital raising, which has been priced to take advantage of a recent doubling in its share price.
Local telecommunications company ZipTel has entered into an agreement with London-based Space Digital Media for the provision of its intellectual property (IP) in exchange for a slice of revenues.
A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.
Local explorer De Grey Mining has progressed plans to develop its Pilbara gold project with the release of a scoping study today, which revealed a development cost of $96 million.
Red 5 has struck agreements to buy Gold Fields' Darlot mine and Saracen Mineral Holdings' King of the Hills mine for a combined $34 million in cash and shares.
Perth-based explorer Lindian Resources has announced plans to acquire a majority stake in a bauxite mine in Tanzania in a deal worth nearly $2 million, despite recently introduced legislation mandating increased government ownership of local projects and higher royalties on some minerals.
Local tech company Family Zone Cyber Safety has raised $5.2 million from investors to fund growth opportunities in new markets and bolster its balance sheet.
Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer.
Security checking business Veritas has signed a deal to piggyback Australia Post’s bricks and mortar presence ahead of an anticipated surge in demand for identity checks driven by new federal security legislation.
Three local resources companies have announced successful raisings worth a total of $12 million today, with uranium hopeful Vimy Resources, gold focused Explaurum and gold explorer Catalyst Metals all raising capital.
Recently listed tech company G Medical Innovations Holdings has attracted a $US67.5 million ($A83.9 million) deal for the sale of its smartphone jackets to a Chinese company.
Marindi Metals has conceded defeat in its Supreme Court fight against Kidman Resources over rights to the Mt Holland lithium operation, and has accepted a small settlement payout from Rox Resources over a separate matter.
Graphex Mining has tapped investors for $2.6 million as it moves ahead with development of its Chilalo graphite project in Tanzania, amid legislative changes to how the country’s government receives mining royalties.
New Century Resources has enjoyed fruitful gains on its first day of trading on the ASX after completing a reverse takeover of Perth-based Attila Resources.
Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.
PSC Insurance Group has bought National Franchise Insurance Brokers in a deal worth up to $1.2 million, two months after the Subiaco-based firm was placed into administration.
Metro Mining shares were up 20 per cent after the bauxite hopeful announced the completion of a $38 million capital raising through Perth broking firm Argonaut.
Privately-owned mining equipment supplier Nepean Conveyors is aiming to expand its manufacturing operations in Perth after buying the global conveyor business of Swedish company Sandvik.
Westgold Resources will no longer acquire Silver Lake Resources’ stake in the Cue operation after joint venture partner Musgrave Minerals exercised its pre-emptive right to buy the interest.
John Van Der Wielen-chaired Kyckr announced to the ASX today that it has signed a deal with global information services giant Bloomberg to provide global business registry data for the data service’s customers.
A Canadian company has entered into an agreement to acquire Perth-based Cobalt One under an all-scrip deal that values the target at about $63 million.
