Five Perth-based junior miners and explorers have announced plans to raise a combined $29.8 million to fund ongoing work at their respective projects, with Excelsior Gold also attracting a new cornerstone investor.
Oil and gas company AWE has found a new buyer for its majority stake in the Cliff Head offshore oil project, after Elixir Petroleum was unable to complete a previously announced deal.
Perth-based telecommunications company Norwood Systems has tapped investors for a $5 million capital raising to fund ongoing development of its products.
Iron ore miner Mineral Resources has added another string to its bow, taking a 19.3 per cent stake in domestic gas supplier Empire Oil & Gas, a week after the company increased its slice of the Mt Marion lithium project.
Perth entrepreneurs Tony Sage and Ranko Matic have both hit roadblocks on their path to turn their respective businesses into online gambling companies through reverse takeovers.
Lithium hopeful Altura Mining has announced plans to raise $23 million to fund development of its Pilgangoora project, with construction targeted for later this year.
Shares in Southern Cross Electrical Engineering surged on news the company has entered into an agreement to buy a local telecommunications contractor in a deal worth up to $17.2 million.
St John Ambulance WA has bought a Perth-based healthcare company as part of a plan to provide urgent care centres across the metropolitan area, and help alleviate pressure on emergency services.
Perth-based Seafarms Group has received firm commitments for a $10 million capital raising to fund ongoing work at its $1.45 billion Sea Dragon prawn aquaculture project in the Northern Territory.
Satterley Property Group will build its largest residential estate in Victoria after purchasing 214 hectares of land in a deal believed to be worth $100 million.
Local junior miners Marindi Metals and Agrimin have announced plans to raise a combined $5.5 million to fund ongoing work at their respective projects.
A Perth-based company that supplies building products and materials has grown its business with the acquisition of a local competitor in an all-scrip deal.
Perth miner Galaxy Resources has announced plans to merge with joint venture partner General Mining Corporation to create a larger lithium-focused company, in a deal worth $216 million.
Online screening and verification company CVCheck has announced plans to raise up to $7.6 million from investors as it wraps up its acquisition of New Zealand-based company Resume Check.
Seven West Media has this morning confirmed plans to buy Perth’s The Sunday Times newspaper and the Perth Now website from Rupert Murdoch’s News Corporation.
Two Perth-based resources companies are planning to switch sectors with the acquisition of cancer-based biotechnology firms, with one planning a backdoor listing and the other seeking support for an IPO.
Junior miners Azure Minerals, Cazaly Resources, Antipa Minerals and First Graphite have raised a combined $25.1 million to fund ongoing work at their respective projects.
Israel-based materials company Dotz Nano has joined the wave of tech firms from that country seeking to raise capital in Australia via a listing on the ASX.
Innovative concrete manufacturer Eden Energy has tapped investors for a $10.3 million capital raising to fund the expansion of its product in the United States.
Two petroleum industry executives with a strong Perth connection have struck a deal that will see Oil Search boost liquefied natural gas development in Papua New Guinea, after negotiating a $US2.2 billion ($A3 billion) deal to buy InterOil.
Outgoing migme chairman Howard Dawson plans to become a director of a Singapore-founded fantasy sports company that is seeking an ASX listing through Nevada Iron, as another Perth company backed out of a tech acquisition because of an ASX ruling.
