News Articles for CPS Capital Group

Property developer Nicheliving has hit the restart button on its planned ASX listing, after making several major changes to the business, including announcing plans to appoint a new corporate adviser and auditor.

While many people talk about universities and business working together, the John Poynton chaired Sapien Cyber is doing it.

Real estate group The Agency has entered an agreement with CPS Capital Group to underwrite a minimum $10 million capital raising.

Property developer Nicheliving Holdings has substantially revised its plans for a stock market float after striking a deal to give 20 per cent of the company to a Singaporean investor who recently launched a $21.4 million legal claim.

Technology companies Syntonic and Family Zone are planning to grow their respective international customer bases after announcing separate $5 million share placements today.

The planned listing of Nicheliving Holdings has provided a detailed insight into the state of the business and its future plans.

Local gold explorers Echo Resources and Kairos Minerals have raised a combined $22 million from investors to fund ongoing work at their respective projects in Western Australia.

Aspiring lithium miner Lepidico has attracted backing from Galaxy Resources as part of a $7 million capital raising, while Northern Minerals and Musgrave Resources have tapped their respective investors for a combined $7 million.

Property developer Nicheliving Holdings has announced plans to raise up to $12 million and seek an ASX listing to finance the next stage of its growth strategy.

Six local resources companies have announced capital raisings of around $26 million for projects including in lithium and rare earths, with one of the businesses, Okapi Resources, planning to join the ASX bourse.

Four local mining hopefuls have raised $13.2 million between them for new projects, with Egan Street Resources and Ardea Resources in the two biggest deals.

Gold and copper explorer Ausmex Mining Group has debuted on the ASX after completing a reverse takeover of Perth-based Eumeralla Resources.

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.

Shares in HotCopper Holdings got off to a bright start today after the investor chat forum listed on the ASX, with the stock closing up at 26.5 cents.

Investor chat forum HotCopper is aiming to list on the ASX in September after lodging a prospectus that reveals a big sell-down by existing shareholders and an expected loss in the current financial year, and makes no mention of outgoing managing director Greg D'Arcy.

Two very different Perth companies, tech start-up Pointerra and precast concrete manufacturer WestStar Industrial, have begun trading on the ASX today after completing their respective reverse takeovers.

Local technology company Velpic has received firm commitments for a $5.8 million capital raising while signing an NRL club as a new customer.

Two Perth-based resources companies are planning to switch sectors with the acquisition of cancer-based biotechnology firms, with one planning a backdoor listing and the other seeking support for an IPO.

Medical technology company ResApp Health has tapped investors for a $12.5 million capital raising to help push its technology into the US market.

Three local junior miners plan to raise a combined $11.6 million to fund their respective operations.

Aleator Energy has appointed Brydie McKee as its chief executive officer and Angus Parker as chief technology officer.

SPECIAL REPORT: Livestock exporter Wellard has had a rocky start to life as a listed company after completing Western Australia's second-largest capital raising of 2015, and the state's sixth-largest initial public offerings of all time. Wellard's $299 million IPO was one of the few high points of 2015, when a lack of mining deals led a sharp slide in overall capital raising activity.

MSM Corporation International and Department 13 International both debuted on the ASX today, after completing their respective reverse takeovers and backdoor listings.

Wave technology companies Stonehenge Metals and Carnegie Wave Energy have released details of their plans to raise up to a combined $7.5 million.

Local software and technology development company Investia Technologies is seeking an ASX listing through a reverse takeover of Advanced Engine Components.

Minerals Corporation has appointed CPS Capital Group as lead manager for a $7 million capital raising, as the company works through delays in its acquisition of online music competition business Megastar Millionaire.

Perth security company Threat Protect Australia marked its listing on the ASX today with news it has completed due diligence on one of two planned acquisitions.

Perth-based rare earths explorer Greenland Minerals and Energy will undertake a $6.1 million non-renounceable rights issue to fund ongoing work at its Kvanefield project.

Perth-based precious metals companies Black Mountain Resources and Torian Resources both announced capital raisings today.

The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.

Perth-based Magnolia Resources has engaged two brokers to undertake a $5 million capital raising as part of its reverse takeover of Canadian e-commerce company PDT Technologies.

Gleneagle Gold announced its intention to exit the resources sector through the back door today, with a proposal to buy a Melbourne-based unlisted biotechnology company for a share package worth $2 million.

Perth-based minerals explorer Rift Valley Resources has signed a deal to wholly acquire the Mtemi Resources Group of Companies after completing a $4 million capital raising.

Matthew Wood has resigned as executive chairman and director of Lindian Resources, with current non-executive director Eddie King stepping into the chairmanship.

Minbos Resources will issue more than 203.3 million new ordinary shares and 93.3 million new unlisted options to investors as part of its conversion of outstanding convertible notes and securities.

Oil and gas dealmaker Peter Allchurch has teamed up with fellow Aurora Oil & Gas founder John Kenny, and Houston-based geologist Neville Henry, to list US-focused shale oil hopeful Winchester Energy.

A private investor has committed $5 million to the public listing of US-focused oil and gas explorer Winchester Energy.

Perth-based juniors A-Cap Resources and Lucapa Diamond Company have tapped the market for capital as they look to advance their respective projects.

Perth-based Volta Mining has raised $2.5 million to advance its exploration efforts at the DSO Newman iron ore project in the Pilbara and has completed the acquisition of Pilbara Commodities.

Metals of Africa has announced plans to raise nearly $2.5 million to fund exploration activities and first drilling at the Rulio prospect at its Rio Mazoe base metals project in Mozambique.