Troubled iron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $1, along with some royalty payments.
South Australian mining junior Flinders Mines has announced a capital raising of $5 million, with the company to put the cash towards a loan repayment and tenement expenditure commitments at its Pilbara iron ore project.
Subiaco-based minerals explorer Avanco Resources has signed an earn-in agreement with Canadian Jaguar Mining for the Gurupi gold project in Brazil, while Spitfire Materials has acquired 100 per cent of a gold project in Western Australia.
Perth-based Hillcrest Litigation Services is transforming into a baby food company after signing an agreement to acquire the manufacturer of Bubs Organic products.
Perth-based Trident Capital has been brought in to advise an Israeli technology company on its $6 million inital public offering and listing on the ASX.
Independence Group has put forward a $20.5 million bid for emerging nickel play Windward Resources, competing against a previous deal put forward by Michael Fotios's Eastern Goldfields.
RCR Tomlinson managing director Paul Dalgleish is no longer a substantial shareholder in the engineering group after selling $5.2 million worth of shares.
Perth-based biotechnology company Metavone hopes to list on the ASX next month after raising up to $5 million from investors in an initial public offering.
ASG Group's board has recommended its shareholders approve a takeover offer from a Japan-based consulting and IT services firm, which values the business at more than double that of a previous bid three years ago.
Perth-based gold explorer Breaker Resources has confirmed a $12.4 million capital raising to fund ongoing work at its Lake Roe project near Kalgoorlie.
MMJ Phytotech has announced plans to spin-out its medical cannabis-focused Canadian subsidiaries onto the TSX Venture Exchange through the reverse takeover of a resources company.
Echo Resources and Metaliko Resources are expected to announce a tie-up this week, after the two ASX-listed companies with assets in the eastern Goldfields region announced trading halts today.
Engineering business VEEM is forecasting strong growth in revenue in the current financial year but a fall in profit, the family owned company has disclosed in the prospectus for its $25 million initial public offering.
Resource Capital Funds is set to emerge with a near 30 per cent stake in Vimy Resources when the uranium company completes a $22 million capital boost to fund ongoing work at its Mulga Rock project in the eastern Goldfields.
The competition watchdog says it won't oppose Vocus Communications' proposed acquisition of Nextgen Networks, plus two development projects, for up to $861 million.
Perth-based Emeco Holdings has gone into a trading halt ahead of announcing fresh merger plans, with Queensland-based Orionstone and Victoria-based Andy's Earthmovers earmarked as the other players.
Local petroleum executive John Begg is planning to list his recently formed private company, Bombora Natural Energy, after striking a deal to farm-in to UIL Energy's Perth Basin tenement.
Local recruitment agency Tecside Group has made its second acquisition for the year, announcing the purchase of Melbourne-based labour hire business In-Fusion for an undisclosed sum.
Perth-based contractor NRW Holdings has rattled the tin for $20 million to reduce its debt levels and place the company in a better position to pursue future opportunities.
Wellard chief executive Mauro Balzarini has sold a big chunk of his stake in the local agribusiness to a Chinese firm and repaid the company $16.3 million through his private investment vehicle.
