Bulls N' Bears ASX Runner of the Week is… Invictus Energy. The company's stock soared after a Qatari-backed Sheikh made a major African gas grab for its monster Cobora gas project. Basin Energy was also in the spotlight after acquiring a Queensland uranium-rare earth double act while Ark Mine's and TechGen also sizzled, all combining to take out this week's Bulls N' Bears Runners of the week.
West Perth-based Invictus Energy has announced it will raise $US10 million, or $15.24 million, to further advance its Cabora Bassa project in Zimbabwe.
Oil and gas exploration company Invictus Energy is set to raise $15.2 million in a bid to expand operations at its Cabora Bassa project in northern Zimbabwe.
Our board moves wrap includes Carl Travaglini, Michael Naylor, Susan Field, David Southam, Aaron Bertolatti, Gautam Varma, John Bentley, Robin Sutherland, Nick Vickery, Joey Evensen, Ralphe Porter, Kelly Moore, Michelle Kennedy, and Shane Hartwig.
Our board moves wrap includes Heather Zampatti, Paul Everingham, Andrew Milner, Barnaby Egerton-Warburton, Jenn Morris, Matthew Worner, Paul Graham-Clarke, Amber Banfield, and Ian Murray.
Today's board moves wrap includes Caedmon Marriott, Lincoln Ho, Troy Flannery, Campbell Olsen, Maddison Cramer, Andrew Wackett, Eric de Mori, Elissa Brown, Peter Gilmour, Lisa Wynne, and Steve Harding.
Venus Metals Corporation has entered into an underwriting agreement with Ord Minnett to exercise $5.7 million worth of options to progress exploration activities at its base metal projects in Western Australia.
Shares in Perth-based Sunbird Energy finished the day's trading on the ASX up 26 percent at 2.6 cents, after announcing an agreement for the supply of gas from its Ibhubesi gas field in South Africa to Eskom Holdings' Ankerlig power station.
Sunbird Energy has announced a deal with Vandasia Investments under which the gas explorer and developer will secure a $25 million cash injection and a new major strategic partner.
The Perth office of international engineering firm Wood Group Kenny has been appointed by Sunbird Energy for works on the Ibhubesi gas project off the coast of South Africa.
Perth-based exploration firm Sunbird Energy's shares will commence trading on the Australian Securities Exchange tomorrow, following the successful completion of a $9 million initial public offerin