Perth-based unlisted ATM provider Stargroup is set to be bought out for an undisclosed amount by ASX-listed iCash Payment Systems, after iCash announced today it has signed a memorandum of understanding for the acquisition.
Red Mountain Mining has withdrawn its $1.4 million rights issue after underwriter Patersons Securities terminated the agreement, as the company's share price closed lower than the offer price of 0.8 cents for three days.
It has been a tough quarter for dealmakers as commodity and share prices slump but some players see promise in the market shake-out. This Special Report includes a fully updated database with 146 deals for the quarter and an updated stockbrokers list.
Perth-based State One Stockbroking and online broking division Amscot Stockbroking are the first brokers in Western Australia to operate the ASX's new managed fund settlement service.
Oil and gas dealmaker Peter Allchurch has teamed up with fellow Aurora Oil & Gas founder John Kenny, and Houston-based geologist Neville Henry, to list US-focused shale oil hopeful Winchester Energy.
West Perth-based coal miner Continental Coal has announced a non-renounceable $35.1 million rights issue as part of a recapitalization and restructure.
Struggling Perth-based mineral explorer Pluton Resources has announced it intends to raise about $80 million through the issue of about 8 billion shares.
Perth exploration company Black Range Minerals intends to raise $2.1 million in capital through a placement and share purchase plan to fund its offshore projects.
Market speculation has pinpointed Perth-based stockbroker Blackswan Equities as the acquisition target of bigger, listed Western Australian rival Euroz, which went into a trading halt today.
Telecommunications firm ZipTel has signed a marketing deal with Zhenya Tsvetnenko's Mpire Media to promote the former's ZipT smartphone application in more than 120 countries.
Jacka Resources has launched a $3.9 million capital raising and will review its operations and restructure its board in a bid to cut costs following Tangiers Petroleum's failed takeover of the company.
Phoenix Gold has announced plans to raise up to $18.2 million through a share placement and entitlement offer to fund staged development at its Castle Hill mine near Kalgoorlie.
Wolf Minerals has arranged final funding for construction of its Hemerdon tungsten and tin project in England after agreeing to a discounted share placement.
Patersons Securities plans to introduce an employee share scheme to help bolster its net assets by at least $15 million, after posting its third interim loss in succession.
SPECIAL REPORT: The past 12 months have been tough for WA's corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
Exploration firm Energia Minerals has launched a $2.2 million capital raising plan, to fund evaluation and development of its Carley Bore uranium project in the Carnarvon Basin.
Core Services Group has completed a long-planned all-scrip acquisition of Marcon Group worth up to $10.7 million, with an over-subscribed capital raising sealing a deal first announced in November 2012.
Perth-based gold explorer Primary Gold will raise up to $2.4 million for its Toms Gully mine at the Mt Bundy gold project in the Northern Territory with its appointed lead manager Patersons Securities to underwrite up to $1 million to the rights issue.
Perth-based stockbroking firm Hartleys has largely maintained its profitability in challenging conditions - a feat that few, if any, of its competitors managed to achieve in the 2013 financial year
Perth based stockbroking firm Patersons Securities is punting on investors' emerging appetite for biotech stocks, agreeing to underwrite New Zealand biopharmaceutical company Innate Immunotherapeutics's $16.5 million initial public offering.
Perth ‘cashbox' Core Services Group has shown how hard it can be to complete a deal in the current market, announcing today a third iteration of its plan to buy a business that is already part-owne
Carnegie Wave Energy shares have continued their strong run this week, gaining nearly 10 per cent on the ASX today after the renewable energy firm announced a new cooperation agreement with the Wat
Galaxy Resources has restructured its debts and will now turn its focus to its operations after announcing its long-running capital raising has secured $17.2 million to date.
Development and construction firm Diploma Group has gone to the market with a discounted placement and rights issue, to raise $9.1 million to pay down debts and increase working capital.
Alcyone Resources has secured $7.4 million through a recent entitlements offer and shortfall placement, just scraping over the capital raising's minimum subscription level of $6 million.
Galaxy Resources says it has received strong interest from institutional investors in a shortfall placement, after its entitlement offer fell massively short of its $47 million target.
Galaxy Resources says it has reached the minimum subscription caveat of its $47 million million capital raising, which was first launched in May and since extended twice, two days ahead of the offe
