Venus Metals Corporation has commenced proceedings in the Supreme Court of Western Australia against Davide Bosio, Paul Adams, DJ Carmichael and Spectrum Metals, in relation to Spectrum's acquisition of the Penny West gold project.
Cardinal Resources has raised $17.6 million through the exercise of listed options, while Black Cat Syndicate and Azure Minerals were also in the market for equity.
Shaw and Partners has acquired Perth-based financial advisory and planning firm DJ Carmichael, which has approximately $650 million funds under its advice.
Boston-based global advisory, restructuring and investment firm Gordon Brothers has opened its first Perth office, to be led by equipment valuation and auction industry veteran,
Piedmont Lithium has tapped investors for $12.2 million to fund an expansion and upgrade at the company's namesake project in the US state of North Carolina.
Struggling marine services company MMA Offshore will raise nearly $100 million to repay debts and repair its balance sheet, despite opposition from major shareholder Halom Investments.
Lithex Resources has scrapped its planned purchase of internet marketing business Mpire Media, which was the second business Perth entrepreneur Zhenya Tsvetnenko was seeking to list on the stock market.
Final steps are underway for Perth-based global marketing venture Mpire Media's reverse takeover of Lithex Resources, with the junior explorer appointing Shaw Stockbroking as lead manager to its $10 million capital raising.
Perth-based investment group Bentley Capital has launched a $2.3 million unconditional on-market takeover offer for South Australian minerals explorer Marathon Resources.
