News Articles for JP Equity Partners

Strickland Metals has raised funds to support a resource expansion at its Yandal project in the Goldfields, with drilling scheduled to start in January.

Wangara company Dynamic Drill and Blast is raising $10 million from a share placement to fund its recently announced acquisition of Orlando Drilling.

Rockingham-based WA Kaolin has kicked off a capital raising to fund the scale-up of its WA operations; it joins several companies planning to mine the specialist industrial mineral.

Mining contractor Dynamic Drill and Blast says it will use funds raised from a $5 million initial public offering to tackle a strong tendering pipeline and potentially grow the business in Western Australia's civil sector.

InteliCare's in-home monitoring technology for the sick and the elderly made a spectacular debut on the ASX this week with the company's shares running hard from 20c to a crescendo of 58c for the week. Lead Manager, JP Equity closed the book early after getting a flood of bids totalling $6.2m against the targeted $5.5m, which caused scale backs and a flurry of on market buying.

Leederville-based startup InteliCare had a positive start to trading on the ASX today, with its shares closing at 31.5 cents each, more than 50 per cent above their issue price.

At a time when health care has never been more prominent in the minds of many and home care solutions are more urgently sought, Intelicare's artificial intelligence powered, in-home monitoring system for the sick and elderly is set to come into sharp focus. As the company seeks to ride on the coat tails of an ageing baby boomer population, its upcoming public listing on the ASX would seem exquisitely timed with the elderly confined to quarters right now due to the Coronavirus and largely quarantined from their loved ones.

Buoyed by a second successful capital raising at the end of 2019, a Leederville-based firm is taking a high-tech, personalised approach to aged care.

Pacifico Minerals, Todd River Resources and Syndicated Metals are set to raise $4.6 million, $2.9 million and $1 million, respectively.