Perth-based telecommunications company Norwood Systems has tapped the market for nearly $2.1 million to fund ongoing development and commercialisation of its products.
Biotech Botanix Pharmaceuticals has raised $7.4 million in a placement of new shares to help it fund the further development of its dermatology products that contain a synthetic form of the cannabis compound, cannabidiol.
Ian Middlemas-chaired coal explorer Paringa Resources has secured a $US20 million ($A26 million) facility to fund ongoing development of its Poplar Grove project in the US.
Perth-based Geopacific Resources has put forward a takeover bid for its joint venture partner, gold-focused Kula Gold, in an all-scrip deal that values the target at about $9.3 million.
Perth retail chain Muscleworx is poised for national expansion after buying its major competitor and securing backing from private equity investor Banksia Capital.
Aspiring mineral sands miner Sheffield Resources has entered into offtake agreements for 20 per cent of zircon produced from its planned $348 million Thunderbird project near Derby.
Gold miner St Barbara has taken a 9.5 per cent stake in junior explorer Peel Mining for $3.3 million, with the funds to be put towards development of Peel’s copper-gold deposits in NSW.
Perth-based HealthEngine has shown that investors still have an appetite for quality tech companies, announcing today it has raised $26.7 million from venture capital and private equity investors in a deal led by major global player Sequoia India.
Paladin Energy’s planned $US10 million sale of a 30 per cent stake in the Manyingee uranium project to Avira Energy has been thwarted, with Avira unable to secure financing in time.
Draig Resources has a new management team that includes former Gryphon Minerals managing director Stephen Parsons, who will focus on the company's recently acquired Bellevue gold project west of Laverton.
Junior explorer Dragon Mining has announced plans to delist from the ASX as it progresses its listing on the Hong Kong Stock Exchange, while also revealing a $17.5 million capital raising.
Gold explorer GBM Resources has been forced to terminate merger plans with Canadian company WCB Resources after a loan agreement with a funding party fell through.
Six listed companies based in Perth have announced funding deals worth a combined $36.9 million, with the largest being a $20.6 million capital raising by gold explorer Orecorp.
Pilbara Minerals has signed a farm-in deal with Atlas Iron over its Mt Francisco lithium project, and the two companies have also struck a preliminary agreement allowing Pilbara to use Atlas Iron's existing infrastructure to support early shipments from the Pilgangoora project.
Decmil Group has entered into a joint venture agreement with US-based SolarReserve for the construction of a 70-megawatt solar photovoltaic plant in NSW.
Potash explorer Agrimin has announced plans to raise up to $13.2 million from investors to fund ongoing work at its Mackay project in Western Australia.
Lepidico has formally rejected rival Lithium Australia’s $23.8 million takeover bid, after an independent expert labelled the offer as neither fair nor reasonable.
After a failed attempt at a backdoor listing in 2015, geospatial data intelligence company Takor Group has announced new plans to list on the ASX by way of an $8 million initial public offer.
Perth-based director Andrew Chapman is at the centre of an escalating battle between the board and the management team at US-focused tech company 1-Page over control of the business and its $30 million of cash.
Perth-based Spitfire Materials is seeking to grow its gold exploration portfolio through the acquisition of a private company led by Pilbara Minerals directors Neil Biddle and John Young, in a scrip deal worth $4.7 million.
Perth-based Navigator Resources has announced plans to exit the resources industry by acquiring an Australian pharmaceutical business and relisting on the ASX through the backdoor.
IT company Cirrus Networks has entered into an agreement to acquire Melbourne-based NGage Technology Group in a cash-and-scrip deal worth $2.5 million.
Sheffield Resources has moved to the next stage of progressing its Thunderbird mineral sands project near Derby, after releasing a bankable feasibility study which revealed a development capex of $348 million.
Todd Corporation-controlled BBI Group has signed an agreement with a Chinese firm for construction of the $6 billion Balla Balla iron ore project in the Pilbara.
The Western Force is calling on the public to purchase $10 million worth of shares in the club in what it has labelled a “last call” to save it from being cut from the Super Rugby competition.
Perth-based explorer Alara Resources has signed an offtake agreement for copper from its Al Hadeetha project in Oman, with the deal including a $US6 million ($A7.8 million) pre-payment.
Dormant Perth-based biotech company Pharmanet Group will re-emerge as a gold explorer after entering into an agreement to acquire Keras Australia by way of a reverse takeover.
Carnegie Clean Energy has announced plans to raise up to $6 million to fund its share of the development costs of the $20 million Northam solar power project.
Heavy equipment supplier Emeco Holdings has launched a fully underwritten $20 million capital raising to fund its three-way merger with east coast companies Orionstone and Andy’s Earthmovers.
Shares in cleaning and catering company Spotless Group have jumped nearly 50 per cent after infrastructure and mining services firm Downer lobbed a $1.26 billion takeover offer.
