News Articles for CPS Capital Group

High commodity prices and a wave of cross-border capital have fuelled another busy half for WA's dealmakers.

Jason Peterson has purchased an apartment block on South Perth's foreshore, paving the way for a luxury residential project.

GreenTech Metals has secured firm commitments for $2.3 million via a placement to institutional and sophisticated investors to assist with staged drilling of the company's Whundo project in WA. The funds will be raised via the placement of 28,750,000 million new, fully paid ordinary shares at an issue price of $0.08 per share.

Perth-based explorer Thunderbird Resources is beefing up its bank balance to the tune of $4.1 million ahead of a 2400m drilling blitz targeting high-grade uranium at its flagship Hidden Bay project in the globally-renowned Athabasca Basin in Canada. Fieldwork programs are already underway, with the company's drill-testing of multiple targets at the operation expected to kick off in August.

Shares in West Perth-based Caprice Resources rose by 50 per cent on Thursday afternoon, following news that the company plans to acquire a 90 per cent stake in the Bantam project, located in the West Arunta region of Western Australia.

ASX-listed Peppermint Innovation announced it has raised $1.1m to maximise various artificial intelligence and customer service opportunities.

Stockbroker and investment banker Tony Cunningham is departing CPS Capital, the firm he started more than 21 years ago, to join another boutique firm, Barclay Wells.

CPS Capital managing director Jason Peterson is seeking damages from Fairfax Media over an article published by the national news group that he claims is defamatory.

A new lithium hopeful chaired by former Tianqi Lithium Australia boss Phil Thick has made a solid start to its first day on the local bourse.

West Perth-based Allup Silica is looking to take its four exploration projects to the ASX in March on the back of a $5 million capital raising.

West Perth-based Haranga Resources has relisted on the stock exchange after nearly two years off the boards, with its shares closing up 30 per cent.

Vertex Minerals has made a soft start to its first day of trading, with shares in the WA-based explorer down 10 per cent on its public offering.

West Perth-based Parabellum Resources has quietly listed on the stock exchange, having earlier raised $6 million to explore tenements in NSW.

GreenTech Metals is acquiring tenements from Artemis Resources ahead of an ASX listing next month, having launched an IPO to raise $5 million.

Realty Assist has raised $24 million to roll out buy-now, pay-later style ventures that allow members to access up to 80 per cent equity in a property sale two months in advance.

Dalaroo Metals has had a strong finish to its first day of trading, closing up almost 50 per cent as the company gets ready to explore its Western Australian projects.

Ozz Resources has become the latest explorer to list on the ASX, with its search for gold to begin this month using some of the proceeds from its $5 million IPO.

Torque Metals has listed on the ASX, joining fellow Perth-based explorer Arcadia Minerals which began trading earlier this week.

Local business Coda Minerals is raising $14.4 million to accelerate an exploration program at the company's majority owned Elizabeth Creek copper project in South Australia.

Triangle Energy has secured funds from a share placement to complete work at its Cliff Head oil field in the Perth Basin.

Three Western Australian gold explorers have launched IPOs this past week, with the biggest raising headed by Subiaco-based Barton Gold.

Nickel X has made a slow start to its first day of trading, after raising $7 million under an IPO to accelerate an exploration program at the company's Biranup project in WA.

Local business Nickel X is planning to raise $5 million from an IPO, which will be used to explore its Western Australian projects.

Perth-based Greenland Minerals has launched a $33 million capital raising to fund the development of its flagship rare earths project.

Panoramic Resources is selling a portion of its non-core metals project to a private entity in Dubai for $12 million.

Kairos Minerals has raised $9 million to fund further exploration activities in the Pilbara on the same day Norwest Minerals pursued its first capital raise.

Anglo Australian Resources is seeking to raise $14 million for its gold project near Kalgoorlie, while fellow explorers Ardea Resources and Surefire Resources have also announced capital raisings.

Kairos Minerals is looking to raise up to $4.2 million from a share placement and rights issue, while RTG Mining and Paterson Resources have also recently launched capital raisings.

Invex Therapeutics has received a $5 million investment from Andrew Forrest's Tattarang as part of a share placement, with the proceeds to go towards the company's research into neurological diseases.

Biotech company Zelira Therapeutics has received commitments to raise around $4.6 million from a share placement, while rent.com.au is planning an underwritten $2.9 million rights issue.

US-focused Winchester Energy has received commitments to raise $6.4 million through a share placement to fast-track oil exploration and production activities at its Permian Basin project in Texas.

Share market online chat forum HotCopper Holdings will venture into the North American market after signing a deal to acquire its Canadian equivalent, as it seeks to bounce back from a fiscal 2019 loss.

Paringa Resources is seeking to raise $8.1 million, while Mali Lithium is on the hunt for $5.3 million, both via rights issues.

A UK-based specialist engineering firm is aiming to list on the ASX, with CPS Capital Group appointed lead manager for a $5 million pre-IPO raising.

Invex Therapeutics has become just the third WA-based company to list on the ASX this year, with Minderoo Group its largest shareholder.

Shares in Pura Vida Energy surged more than 80 per cent higher today, to 3.1 cents, after it secured a binding farm-in agreement with UK-based Gemini Resources to earn a 35 per cent interest in two onshore oil and gas projects in Poland.

Symbol Mining has gone into administration, less than three months after the Subiaco junior tapped the market for nearly $2.2 million.

The National Stock Exchange (NSX) will raise up to $10 million via a share placement, with the funds set go towards establishing a Perth office.

Argosy Minerals and Alta Zinc are both undertaking rights issues, to raise up to $6.2 million and $4.38 million, respectively.

Perth-based Cycliq has announced plans to raise up to $2 million as the cycling products developer ramps-up its business in the lead up to Christmas.