Brazil-focused gold explorer Crusader Resources has recommended shareholders accept an all-scrip takeover offer from AIM-listed Stratex International, that values the target at $54 million.
Pilbara Minerals has announced another capital raising, this time by way of a placement and share purchase plan, to fund development of its Pilgangoora lithium project.
Independence Group has announced plans to sell its Stockman copper-zinc project in Victoria for $47.2 million in cash and royalty payments, but will record a $20 million impairment on the project.
An Osborne Park-based recruitment technology company focused on the education sector has announced plans to list on the ASX through the reverse takeover of Aquaint Capital Holdings.
Norway-based investment bank Pareto Securities has completed its first major Australian deal, as sole manager of a $US100 million ($A133 million) bond issue announced today by Pilbara Minerals.
Australian mining and exploration companies have been urged to target North American investors, with PCF Capital Group saying this strategy could bring $4 billion into the local industry.
Nickel miner Western Areas has announced plans to sell its stake in an ilmenite-copper-nickel explorer which is dual-listed on the AIM and FSE markets for up to $27.5 million.
An Israeli tech company has commenced trading on the ASX after raising $5 million from investors through an initial public offering and setting up shop in West Perth.
Local gold explorers Anova Metals and Exterra Resources have entered into a merger agreement, with Anova to wholly acquire Exterra in an all-scrip deal worth $21.3 million.
An Australian company operating in the bitcoin and blockchain space has committed to become a 40 per cent shareholder in software company DigitalX by way of a $4.35 million investment.
A third party has made a play to acquire private company Bombora Natural Energy, after Zeta Petroleum backed out of its takeover plans with the target yesterday.
Sandalwood producer Quintis has revealed more operational and financial pain, with the embattled Perth company suspending plantation sales, lowering forecast product sales and admitting a $27 million investment would not proceed.
ASX-listed app company MyFiziq has entered into a joint venture agreement with a Singaporean company for the development of a new diagnostic tool for the medical sector.
Waste management business Tox Free Solutions has traded two of its east coast businesses for an industrials business owned by JJ Richards & Sons under an asset swap agreement.
Live cattle exporter Wellard has announced the sale of one of its mid-sized ships to Israeli company Dabbah Slaughterhouse for $US26 million ($A35 million).
CTI Logistics chairman David Watson has sold down his shareholding for the first time since he founded the business in 1972, with Forager Funds Management acquiring some of his shares and investing further funds to become a substantial shareholder.
Zinc and copper explorer Orion Minerals has received a $3 million investment by private equity group Tembo Capital to fund work at its projects in Africa, and has flagged a further $1.8 million capital raising.
Local explorer GTI Resources has terminated plans to acquire Poseidon Nickel’s Windarra gold assets near Laverton, after missing a near-$1 million payment deadline.
Mineral sands miner MZI Resources has tapped its major shareholder Resource Capital Funds for a $US5 million ($A6.7 million) debt financing deal to expand the mining area at its Keysbrook operation near Serpentine.
Perth IT firm ASG Group has made an all-cash $123.4 million offer to acquire Melbourne-based SMS Management & Technology, but the target has maintained its recommendation of an offer previously put forward by another competitor.
Onshore oil producer Buru Energy has taken full ownership of the Ungani operation in the Canning Basin as part of an asset swap with its joint venture partner, Mitsubishi Corporation.
Swick Mining Services has raised about $5 million from investors to fund the buyout of minority shareholders in a mineral analysis and measurement technology company in which it already owns a major stake.
Subiaco-based Coventry Resources will be rebranded after completing the $8.3 million acquisition of a gold explorer focused on projects in Alaska, and announcing plans for a $10 million raising.
A joint venture between Cottesloe-based Triangle Energy Global and Royal Energy has taken full ownership of the Cliff Head offshore oil project in the Perth Basin after buying out previous stakeholder Roc Oil for $US3.75 million ($A5 million).
West Perth-based Encounter Resources has tapped investors for $3.4 million to fund ongoing exploration at its gold projects in the eastern Pilbara region.
