Our board moves wrap includes Joel Ives, Guy Robertson, Sue Murphy, Eve Howell, Kevin Small, Patrick Soh, Jessamyn Lyons, Karla Mallon, Andrew Palfreyman, Simon Brealey, and Laurence Roe.
Oil and gas contractor MMA Offshore has launched an $80 million equity raising to reduce its total debt, while chairman Andrew Edwards has announced his resignation.
Buru Energy managing director Keiran Wulff announced his resignation today as the oil and gas exploration firm appointed two new non-exececutive directors.
Shares in Perth-based oil and gas explorer Tangiers Petroleum have closed lower after the company announced plans to launch a heavily discounted $5 million share placement.
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.
Cash strapped Jacka Resources has appointed two broking firms to assess capital raising options after confirming that a friendly takeover offer from Tangiers Petroleum looks set to fail.
Jacka Resources says it hasn't given up hopes of a potential friendly takeover by Tangiers Petroleum, despite terminating a bid implementation agreement for the deal.
Tangiers Petroleum's friendly takeover bid for Jacka Resources appears to be in doubt following the resignation of Tangiers executive chairman Eve Howell, citing the loss of support of several major shareholders.
Tangiers Petroleum is to acquire Jacka Resources via a friendly off-market takeover bid, combining to create an Africa-focused upstream oil and gas company valued at about $80 million.
The significant issue of female representation in the boards of Australia's companies has been pushed to the background amid the rhetoric of the gender wars being waged in Canberra.
IT might not be the busiest of times in Western Australia's corporate advisory scene, but that has not stopped positive moves by several firms – albeit without much fanfare – that have included the