Car dealer network Automotive Holdings Group has added Mazda to its stable of WA dealerships, with the acquisition of Jason Mazda in Osborne Park for $13 million.
Diversified explorer FairStar Resources has secured $260 million in project finance, which will cover 80 per cent of the development cost of its Steeple Hill iron project in the eastern Goldfields.
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
US-focused oil and gas junior Sundance Energy has raised $48.1 million through a share placement, to fund development of its shale gas and conventional oil acreage in Texas and Mississippi.
OM Holdings has announced a plan to raise $24 million to fund continued development at its OM Sarawak manganese and ferrosilicon smelting project in Malaysia.
Austbrokers Holdings has expanded its insurance underwriting agency business with the purchase of majority shareholdings in Perth-based Lawsons Underwriting Australasia and Melbourne-based Guardian
Former CITIC Pacific Mining chairman Dongyi Hua has paid $15 million to take a controlling 40 per cent stake in struggling engineering and construction contractor VDM Group.
Peet chairman Tony Lennon has lifted his interest in the land development company to 21.4 per cent after participating in a special placement tied to its takeover of east coast property company CIC
Subiaco company Kairiki Energy has cancelled a $12 million right issue that was “partially and conditionally” underwritten by Patersons Securities, after failing to achieve its minimum subscription
The Wyllie Group has realised a big profit on its six-year investment in Amcom Telecommunications, selling half of its total holding in the listed Perth company.
Embattled lithium producer Galaxy Resources has announced a deeply discounted $47 million rights issue to give the company a much needed cash injection.
Redbank Copper shares had a lukewarm return to trading today, closing at 0.4 cents after a major restructuring and recapitalisation led by investor Michael Fotios.
Singapore-listed resources construction services firm AusGroup has made a key step towards listing on the ASX, signing a conditional agreement to acquire two Malaysian resort development companies
BC Iron and Cleveland Mining Company have taken the first steps to securing the first three projects under the iron ore miners’ Brazilian strategic alliance.
Once seen as an attractive capital source for Australian companies, regulatory hurdles in Canada combined with depressed global markets have dampened enthusiasm for dual listings.
Oil and gas exploration play Pura Vida Energy will tap investors and financiers for up to $12 million, to fund the ramp-up of drilling activities at its newly-acquired Nkembe block, off the coast o
Gindalbie Metals has secured an agreement for a second $30 million loan from its joint venture partner in the Karara magnetite iron ore development, after delays in the project’s production ramp up
Former agricultural investment company AACL Holdings has decided its future lies with a technology business established by Perth entrepereneur Gavin Burnett.
China’s second largest gold producer will invest $20 million in Perth-based explorer NKWE Platinum under a strategic partnership agreement announced today.
Midas Resources has launched a $2.16 million capital raising plan to fund the expansion and exploration at its Lake Carey and Patersons province gold projects.
