Matrix Composites and Engineering made a strong debut on the local stock market today, with its shares closing at a 36 per cent premium to its issue price.
St Barbara has today revealed a $124 million rights offer, described as the next logical step for the gold miner's growth objectives, chief executive Tim Lehany said.
Small to medium enterprises are sticking with the safety of the big four banks, which have increased their market share in the increasingly competitive market for small business deposits, new figures show.
West Perth-based Cauldron Energy has secured $10 million from Chinese investors to ramp up exploration at its suite of uranium assets in Australia and Argentina.
Liquefied Natural Gas Limited's share purchase plan has been completed, raising almost $18 million, bringing the company's cash position to some $55 million.
Mid-West magnetite hopeful Asia Iron Holdings is targeting a 2012 production start at its flagship $2 billion Extension Hill project near Geraldton, after securing a major state-owned Chinese partner for the venture.
Sundance Resources has raised $85 million from international institutional investors to complete a definitive feasibility study of its Mbalam Project, including mine, process, transport and port infrastructure and also provide general working capital.
Shares in West Perth-based Regis Resources remained steady in trading today following the announcement of a $45 million debt facitlity the company will use to develop its $73 million Duketon gold project.
Azumah Resources has raised more than $4 million through an oversubscribed share placement as part of its push to fast-track exploration and development at its Wa gold project in Ghana.
Woodside Petroleum will raise $US700 million through the issue of corporate bonds in the United States to repay short-term debt and general corporate purposes.
Local brewer Gage Roads has told the ASX that recent share price gains are most likely due to positive news presented to the market about its expansion plans on the back of strong sales.
Malaga-based Matrix Composites and Engineering plans to list on the local stock exchange in a fortnight after raising $15 million through its initial public offer.
Receivers of failed agribusiness company Great Southern today completed the sale of the company's far north Queensland cattle station to Consolidated Pastoral Company for $48 million.
Junior gold producer Troy Resources' plans to raise almost $25 million to continue development at its Casposo gold project pushed down its share value as much as five per cent in trading this morning.
Shares in property developer Port Bouvard have been placed in a trading halt on a request from the company in order to complete the refinancing of its existing loan facilitites with St George bank.
Moly Mines says it has finalised its debt restructure arrangements for its remaining $US134 million interim financing facility after a $US700 million deal was struck last week with privately-owned Chinese company Hanlong Mining Investment.
Collapsed biofuels company Natural Fuel is set to be sold to private WA business NRG Capital for $575,000 after creditors agreed to execute the deed of company arrangement.
Subiaco-based oil and gas explorer Promesa has opened its initial public offer in which it hopes to raise up to $3 million that will predominately be used to fund its interests in two projects in the United States.
Galaxy Resources has extended its relationship with unlisted public company General Mining Corporation, with the pair forming an alliance to explore for lithium in Kazakhstan and Mongolia.
Uranium explorer Raisama has received regulatory approval for a Chinese state-owned firm to take a 14.9 per cent interest, ahead of a $12 million initial public offer expected to be launched within two weeks.
Perseus Mining has unveiled details of its third capital raising this year, with the gold hopeful planning to raise $58.5 million through institutional investors to take its Ayanfuri gold project through to construction.
Perth-based property funds manager Aspen Group has outlined steps taken to address market pressures, which resulted in a $64.7 million loss for 2008-09 after the financial crisis severely hurt property valuations, management fees and transaction activity.
Adelaide-based Flinders Mines is planning to raise more than $50 million through an institutional placement and a fully-underwritten rights issue to progress its Pilbara iron ore project.
Explorer Hazelwood Resources has revealed plans to raise up to $12.35 million to fund exploration works and a bankable feasibility at its Cookes Creek tungsten project in the east Pilbara.
HOUSING Minister Troy Buswell's reform proposals for public housing announced last week could not have come at a better time for national social housing provider Community Housing, which recently announced its intention to move into the Western Australian
