Southern African-focused Askari Metals has terminated the contract of its managing director Gino D’Anna, although he will remain a non-executive director of the company.
Askari Metals has closed up 12 per cent on its first day of trading, as the company gets ready to explore a handful of copper and gold projects in WA and NSW.
Finance group Argonaut has won a Supreme Court ruling against Perth company director Russell Moran, who could owe in excess of $30 million after taking out a high-interest loan six years ago to buy
Our daily board moves wrap includes Pierre Fallourd, Geoff Newman, Gino D'Anna, Brett Fraser, Frederick Hess, Peter Bennetto, Rick Crabb, David Riekie, Angus Middleton, Stephen Jones, and Mark Borman.
Three Perth-based junior miners have tapped investors for more than $10 million, while gold explorer Crusader Resources will raise up to $US15 million ($19 million) as the company seeks a dual listing on London's AIM.
Subiaco-based lithium explorer MetalsTech has enjoyed steady gains on its first day of trading on the ASX, after completing a $4.3 million initial public offering.
Perth-based companies K2fly, Zelda Therapeutics and Impression Healthcare have wrapped up their first day of trading on the ASX after completing reverse takeovers, with Impression, which counts John Worsfold as a director, the only one to post a gain.
Subiaco-based software company K2fly has kicked off its national roadshow in the hopes of raising up to $5 million before a backdoor listing on the ASX, despite a recent shift in market sentiment.