The company behind the reverse takeover of local cloud-based technology company Norwood Systems has raised $5.5 million in an oversubscribed share offer.
Shares in Subiaco-based explorer Uramet Minerals have gained more than 5 per cent in morning trade after announcing it had executed a binding heads of agreement to enter into a joint venture to explore for gold in Guyana.
Subiaco-based explorer Uramet Minerals has agreed to sell its Barr Creek project tenements in Queensland to the Joe Gutnick-led Legend International Holdings for $750,000.
Investors trying to pick the next big thing in the resources boom poured their money into a diverse group of Western Australian companies last year, including iron ore, coal and phosphate stocks.
Subiaco-based uranium and base metals explorer Uramet Minerals Ltd has closed its initial public offer early, after raising the maximum subscription amount of $7 million.
Subiaco-based uranium and base metals explorer Uramet Minerals Ltd will raise $7 million in its initial public offer to fund exploration of its Northern Territory and Queensland tenements.
