Digital entertainment system business Swift Networks has won a contract to provide its services to Rio Tinto's Jerriwah Village near Tom Price, for an undisclosed sum.
Pacific Ore has become the latest backdoor listing hopeful to be held up by the corporate watchdog, though several other companies have moved forward with their reverse takeovers.
Small companies hoping to list on the stock market are facing tougher conditions, with more than a dozen announced deals in Western Australia hitting problems this year and the ASX foreshadowing tighter regulation of new deals.
Belmont-based Swift Networks is seeking an ASX listing by entering into a heads of agreement with Stanfield Funds Management, while Stanfield has dropped plans to acquire Singapore-based tech firm Sprooki.
