Goldfields Credit Union may proceed with its plan to demutualise and list on the Australian Securities Exchange early in 2012, more than a year after its original target listing date.
Southern Cross Goldfields has launched a $5.6 million capital raising plan to fund gold production studies for its Marda gold mine and an accelerated exploration program at its surrounding tenement
VDM Group has confirmed a full year net loss of $35.5 million for the year ended June 30, driven by $39.2 million in writedowns and a slowdown in revenue.
Perth-based Court Resources has announced a $40 million plan to list on the Australian Securities Exchange under the moniker ANCOA NL and to restart the mothballed Hillgrove antimony-gold project i
Navigator Resources says it is set to eliminate its debt after Patersons Securities found investors to top up the balance of a $32.6 million rights issue, following an initial shareholder take-up o
NSL Consolidated says it has successfully completed a $4.3 million equity raising to fund ongoing development and exploration at its Indian iron ore mines.
PRIVATE equity group Archer Capital has emerged rapidly this year to become one of the largest investors in Western Australia, following its purchase of the company behind the Chicken Treat and Red Rooster fast food chains.
With 10 out of 11 Western Australian resources-focused listings from December 2010 trading above their issue price, 2011 promises to be a strong year for minerals-related investment.
Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.
STOCKBROKING is widely perceived to be a lucrative trade, and that is certainly true for the smarter operators, but what is even more interesting is the highly varied performance of major broking firms in Perth.
Goldfields Credit Union has announced plans to demutualise and form an alliance with stockbroking firm Patersons Securities ahead of its listing on the ASX.
Central Asia Resources has advised that the underwriter of its $6.2 million renounceable rights issue, Patersons Securities, has exercised its right to terminate the underwriting agreement.
Patersons Securities has today opened its new office in East Perth after luring a smaller than expected group of advisers from RBS Morgans' Perth division.
Patersons Securities has been ranked as the top Perth stockbroker with capital raisings worth in excess of $1 billion in Thomson Reuters' 2009 league tables.
The global economic downturn coupled with two major acquisitions has pushed the bottom line of Patersons Securities into the red, with the Perth stockbroking firm recording a net loss of $389,238 for the 2009 financial year.
THE local office at newly formed Morgan Stanley Smith Barney has been given a mandate to ramp-up its private client adviser numbers, as Perth's broking sector settles into its new look.
Stockbroking firm, Patersons Securities has launched a new specialist fixed income and hybrid securities joint venture based in Sydney called Davies & Partners.
Eastland Medical Systems plans to raise more than $2 million, partly underwritten by Patersons Securities, to fund the final step of its anti-malaria treatment project.
Tolhurst Group has unveiled that its stockbroking business will be sold for some $2 million to Patersons Securities, in what is a dramatic fall on the value of the deal after it was revealed earlier this year.
TALK of further consolidation among stock broking firms has come to pass with Patersons Securities unveiling its latest merger deal, with Melbourne-based Tolhurst Group, this week.
West Perth-based metals explorer Reed Resources Ltd has received confirmed commitments to a capital raising that will fast track its Barrambie vanadium project.
Australian stockbroker Patersons Securities Ltd is launching a significant expansion of its national network with the opening of an office in Brisbane.
Australian stockbroker Patersons Securities Limited has announced that Rod Evans, Shaun Duffy and David De Loub have joined the firm to head up the newly created Patersons Capital Partners.
Perth-based stockbroker Patersons Securities Ltd has changed its corporate structure to allow for external investment in the firm after it posted a 2006-07 net profit increase of 82.3 per cent to $9.3 million.
PATERSONS Securities executive chairman Michael Manford has declared the stockbroking firm is not up for sale, following market speculation about a potential deal with the Asia-Pacific arm of French b
Perth-based Patersons Securities Ltd has agreed to a two-year review of its compliance procedures under an enforceable undertaking to the Australian Securities and Investments Commission, after an investigation into the firm's Canberra operations.
The past 12 months have been a boom period for Perth's big stockbroking firms, but the year ended on a sour note for the state's largest broker, Patersons Securities, which has run into compliance problems at its Canberra branch.
STOCKBROKING firm Patersons Securities has joined its listed competitor Euroz Securities in achieving a bumper profit in the second half of 2004, as it benefits from the strong stock market and growth in capital raisings.