News Articles for Westar Capital

Oceana Lithium has made a strong start to its first day on the ASX on the back of an oversubscribed $6 million initial public offering.

Bulletin Resources is raising $3.63 million from a rights issue and placements to fund continued exploration at its flagship Lake Rebecca gold project.

Three Western Australian gold explorers have launched IPOs this past week, with the biggest raising headed by Subiaco-based Barton Gold.

Perth-based Suvo Strategic Minerals is purchasing kaolin operations in Victoria for $2 million, while fellow miner WA Kaolin is getting ready for its ASX debut.

Goldminer Troy Resources has secured exploration funding for its South American project, with the Perth-based company targeting a maiden ore reserve this year.

Perth-based Encounter Resources, Predictive Discovery and Trek Metals have each launched capital raisings, with the proceeds to go towards gold projects in Australia and Guinea.

West Perth-based Australian Vanadium has raised nearly $6.2 million from the recent exercising of approximately 204.6 million options.

Nedlands-based NeuroScientific Biopharmaceuticals, which has been bankrolled by the Clough family, is set to begin trading on the ASX tomorrow, after raising $6 million via an initial public offering.

Auris Minerals chairman Bronwyn Barnes and independent director Susan Vearncombe have been voted off the company's board, after a group of dissident shareholders gained enough support to pass a number of resolutions at a special meeting today.

Auris Minerals chairman Bronwyn Barnes has disclosed that some of the people seeking to oust her had been negotiating a farm-in proposal last year without the knowledge of the company's board.

Perth company Quantify Technology Holdings has received firm commitments for a $5 million capital raising that will support increased development of the company's technology.

Local entrepreneur Mark Lapins' Quantify Technology has wrapped up its first day of trading on the ASX, after completing a reverse takeover of WHL Energy and raising $5 million from investors.

WHL Energy has cleared the way to reinvent itself as a technology business after raising $5 million from investors ahead of its reverse takeover of Perth-based Quantify Technology.

Perth entrepreneur Mark Lapins is aiming to defy waning investor interest in tech startups, announcing plans for a backdoor listing that values his ‘internet of things' firm, Quantify Technology, at $22 million.