Local explorers Encounter Resources, Horseshoe Metals and RNI have announced plans to raise a combined $9.8 million to fund ongoing work at their respective projects.
Gold miner Doray Minerals is seeking to double its workforce to support its Deflector project, after announcing it has secured $91.7 million in funds to bring the project into production.
New gold mining projects under way or in advanced planning will collectively deliver more than 1 million ounces to production each year when operational.
RNI shares leapt this morning on news that the company is selling its Grosvenor gold project to Metals X in a scrip deal that will help the company refocus on its copper assets.
The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.
RNI shareholders lodged a big protest today, with many voting against resolutions at a general meeting, which was held three days after the debt-laden gold company extended the timing of its $25 million entitlements offer for a second time.
Perth-based gold miner Manas Resources has launched a $4.7 million capital raising plan to fund pre-development work at its Shambesai gold project in southern Kyrgyzstan.
Former GMP Securities managing director Karl Paganin has joined the board of Southern Cross Electrical Engineering, after half of the company's board walked out last month.
Perth-based ferrotungsten miner Hazelwood Resources has kicked off a $12.8 million capital raising to repay debt and expand production at its ATC joint venture facility in Vietnam.
Biopharmaceutical company Bone Medical has announced plans for a reverse takeover and backdoor listing of a geospatial data intelligence company founded by Perth entrepreneur Amir Farhand.
Oil and gas company Zeta Petroleum has launched a proposal to acquire full ownership of Sydney-based Pan Pacific Petroleum by buying all the shares it doesn't already own in the company, in a deal worth $29.4 million.
Select Exploration has brought in a new broking firm to support a $5 million capital raising, ahead of its planned reverse takeover of rent.com.au, after Bailleau Holst backed out of its appointment as joint lead manager.
Osborne Park-based contractor Otoc is continuing its east coast expansion plans with a proposal to buy a Queensland surveying and planning firm for a cash and share package worth up to $4.4 million.
Andrew Frazer has joined GMP Securities as managing director, corporate finance Australia, to replace Karl Paganin who has left the corporate advisory firm after four years.
West Perth gold explorer Orinoco Gold is aiming to become a gold producer in 2015, after announcing a $14 million package to commence production at its Cascavel project.
Subiaco-based explorer RTG Mining has raised $15 million through the placement of about 22 million shares to fund exploration and development of its projects in the Philippines.
Perth-based residential rentals-dedicated website rent.com.au is going public, unveiling a $10 million-plus plan to list on the Australian Securities Exchange via a backdoor listing through Select
SPECIAL REPORT: The gold and technology sectors have experienced a boost in investment activity for the March quarter, but doubts remain over whether it will last.
Perth-based gold companies Perseus Mining and Kingsrose Mining have strengthened their balance sheets after completing share placements worth a combined $40 million.
Gold miner Doray Minerals plans to accelerate drill testing of near-mine exploration targets at its Andy Well gold project in the Murchison region following a $17 million capital raising.
Rialto Energy is seeking to raise up to $21 million to fund exploration and development work at its oil and gas acreage off the coast of Cote d'Ivoire.
Once seen as an attractive capital source for Australian companies, regulatory hurdles in Canada combined with depressed global markets have dampened enthusiasm for dual listings.
WITH a sharp slump last year in the number and value of stock market floats, and little sign of a recovery, more emerging companies will likely pursue a backdoor listing.
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
EXPERIENCED resources investment bankers Neville Gardiner and Jeremy Carlberg are preparing to launch a new corporate advisory outfit in Perth called Torridon Partners, adding further diversity to
Uranium explorer Bannerman Resources has announced that it has received subscription commitments for an $8.2 million share placement, with funds going to complete its feasibility study on its Entan
Equatorial Resources has announced plans for an institutional placement to raise $25.6 million to accelerate the company's drilling and exploration activities in the Republic of Congo.
