Dormant explorer New Horizon Coal has extended its deadline for an $18.8 million capital raising after receiving an underwriting commitment for 70 per cent of the target amount, as it looks to shift its focus to oil.
Kidman Resources has entered into an agreement to farm-in to 19 lithium-prospective tenements in Western Australia owned by nickel miner Western Areas, with the scrip-and-spend deal worth up to $11.6 million.
Graphite-focused tech company Hazer Group has announced plans to form a joint venture with diversified business Mineral Resources, after MinRes boosted its stake in Hazer by subscribing for $5 million worth of shares.
Property-focused software company Servtech Global Holdings has wrapped up its first day of trading on the ASX, after completing a $6 million initial public offering.
TNG spin-out Todd River Resources has raised $6 million from its initial public offering ahead of its ASX debut, which could occur before the end of the month.
Copper explorer MOD Resources launched its second capital raising in three months, tapping investors for $14.6 million to fund ongoing work at its T3 project in Botswana.
Takeover target Lepidico has tapped investors for nearly $5.7 million, a day after Breakaway Research recommended the Perth lithium company as a ‘speculative buy’.
Western Australia's biggest gas retailer, Alinta Energy, has been bought by a Hong Kong jewellery and property conglomerate, with Premier-elect Mark McGowan saying the deal confirmed his opposition to privatisation.
Lithium-focused Marquee Resources has closed higher on its ASX debut, after spinning out from Force Commodities and completing a $3.5 million initial public offering.
Ian Middlemas-led explorer Apollo Minerals has entered into an agreement to acquire a major stake in a tungsten-copper-gold project in France, in a cash and scrip deal worth up to $13.5 million.
Heavy equipment supplier Emeco Holdings has turned its focus to completing its merger with east coast companies Orionstone and Andy’s Earthmoving after noteholders backed a complex balance sheet restructuring today.
West Africa-focused gold miner Perseus Mining has locked in $US60 million of debt finance with Macquarie Bank to fund ongoing work at its Sissingue and Edikan mines.
Perth-based junior explorer Amex Resources is set to be wholly acquired by one of its shareholders after a lucrative takeover proposal was made, valuing the iron ore hopeful at $54 million.
Gold and nickel miner Independence Group has expanded its presence in the Fraser Range after entering into an agreement to farm-in to Orion Gold’s tenements in the area for an initial $2 million in cash and scrip.
Niobium explorer Cradle Resources has recommended shareholders accept a takeover offer from joint venture partner Tremont Investments, which values the target at $55 million.
Perth-based explorer Platina Resources has tapped investors for $7 million to fund ongoing work at its Owendale scandium-cobalt-nickel-platinum project in NSW.
Lithium Australia’s $23.8 million takeover bid for rival Lepidico appears to be heading for rejection, with the target company not confident about the operational methods of Lithium’s core asset.
Listed communications and ICT services provider Inabox Group has grown its local presence with the acquisition of Perth-based Logic Communications for $1.5 million in cash.
Spanish-controlled CIMIC Group has stood its ground over its Macmahon Holdings takeover play, telling the market today it would not lift its offer price despite the target entering into a counter-agreement with an Indonesian miner.
BC Iron is branching out of its iron ore focus by spending up to $10.5 million as part of a joint venture with freshly listed sulphate of potash explorer Kalium Lakes.
The investment vehicle of Pakistani meat producer Tariq Butt has sold its remaining 9.5 per cent stake in Wellard to private company Heytesbury, at a premium to the listed agribusiness’s recent trading price.
CIMIC Group's takeover bid for mining services provider Macmahon Holdings has become more complicated after Macmahon signed a heads of agreement that could give Indonesian miner Amman Mineral Nusa Tenggara a 44 per cent stake in the company.
Southern Cross Electrical Engineering expects to bounce back from a net loss in the first half of the 2017 financial year after announcing the “transformational” acquisition of a Sydney-based electrical contractor.
Subiaco-based lithium explorer MetalsTech has enjoyed steady gains on its first day of trading on the ASX, after completing a $4.3 million initial public offering.
The competition watchdog has raised concerns over South32’s proposed $US200 million acquisition of Peabody Energy Corporation’s Metropolitan Colliery in NSW, on the grounds that it may lessen competition in the region.
Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.
Dacian Gold has reignited plans to undertake a large equity raising, announcing today a $110 million placement and entitlement offer to fund development of its Mt Morgans gold project near Laverton.
Perth-based explorer Australian Mines has announced plans to raise up to $6.3 million from investors to fund ongoing work at its Sconi and Flemington scandium-cobalt projects.
Cape Lambert Resources Limited has sold its royalty on the Mayoko iron ore project for $1 million cash subject to the formality of the new owners signing off on the transaction.
