A local oil and gas explorer led by Steinepreis Paganin partner Peter Wall has announced plans to acquire a digital technology company in a backdoor listing.
Leaner times in the junior mining and exploration sector have resulted in widespread cuts to chief executive pay, but the restraint has not been shared equally across the sector, with some actually lifting salaries.
Minerals explorer Dourado Resources has announced that its subsidiary, Abbotts Exploration, will acquire a 100 per cent interest in Anuman Holdings, which holds tenements in the same regions as Duo
Perth-based Dourado Resources has boosted its exploration portfolio following the acquisition of unlisted public company Zelta Holdings for $1.2 million.
Perth-based Dourado Resources is vying to become the next Western Australian company to list on the local exchange, opening its initial public offer to raise up to $5 million.
