Social media platform and app developer Thred has enjoyed a steady first day on the ASX, while two other Perth-based companies have made progress on their respective reverse takeovers.
Perth-based precious metals explorer Dragon Mining NL has reversed a decision to purchase a Ukranian gold project as site vendor, Perth company Eurogold Ltd, commences legal action against the government's decision to temporarily close the mine.
The plan of Perth-based precious metals explorer Dragon Mining NL to purchase a Ukranian gold project from fellow Perth company Eurogold Ltd in a scrip deal worth $13 million has hit a snag, with the mine being temporarily closed.
Perth-based precious metals explorer Dragon Mining NL has announced plans to purchase the main asset of fellow Perth company Eurogold Ltd, the Ukranian Saulyak gold project, in a scrip deal worth $13 million.
Perth-based Eurogold Ltd aims to raise $2 million through a share float after its asset sale agreement with Oxus Gold plc was terminated early, leaving the company in need of money to provide it with short term working capital.
