News Articles for APP Securities

Nuheara has tapped investors for $5 million to primarily fund an increase in inventory levels and marketing for its IQbuds Boost hearing bud, after winning a contract to supply the UK's National Health Service with the product.

Local tech company Nuheara has tapped investors for $6 million, with the proceeds set to fund an increase in inventory levels of its noise cancelling earbuds.

Social media company migme has received firm commitments for a $7 million capital raising, which it says was oversubscribed by $2 million.

Select Exploration has brought in a new broking firm to support a $5 million capital raising, ahead of its planned reverse takeover of rent.com.au, after Bailleau Holst backed out of its appointment as joint lead manager.

Oil and gas explorer Tangiers Petroleum has raised $7 million in a discounted placement to complete its acquisition of the Icewine project in Alaska.

Medical marijuana company Phytotech Medical is set to be the year's first listing in Western Australia, after taking special steps to deal with last-minute legal concerns by the ASX and keen demand from investors.

Shares in Geopacific were up 9.3 per cent today as the company announced a $3 million rights issue, with the company planning to step up exploration activity at its Cambodian Kou Sa project.

Perth-based uranium explorer and developer Toro Energy has secured a $10 million cash injection from global investor The Sentient Group, with a further $10 million to directly fund Toro's Wiluna project still to come.

Shares in Perth-based oil and gas explorer Tangiers Petroleum have closed lower after the company announced plans to launch a heavily discounted $5 million share placement.

Flinders Mines has announced plans to raise $14.3 million through a share placement and entitlement offer to fund a bankable feasibility study and further exploration on its Pilbara iron ore project.

SPECIAL REPORT: The biotech sector came to life in 2013 but pricing was critical to the success or failure of capital raisings.

Sabre Resources has raised $8 million to expand drilling programmes at its Guchab copper prospect in Namibia.

Western Australian firms Raisama Energy and Southern Gold have seen their share prices plunge on the Australian Securities Exchange after announcing capital raising plans to raise a combined $8.8 m

Noble Mineral Resources has completed a $10 million share placement to fund the final commissioning of the processing plant at its Bibiani gold project in Ghana.

Excelsior Gold has completed a $4.8 million capital raising to fund the development of its Kalgoorlie North gold project.

In a year when big deals were few and far between, the $4 billion acquisition by the Kerry Stokes-controlled WA Newspapers Holdings to buy most of his other media assets was something of a standout

Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.