Bathurst Resources

Shares in West Perth-based Bathurst Resources Ltd made a solid debut on the Australian Securities Exchange today, closing at a 20 per cent premium to their issue price of 20 cents.

West Perth-based Bathurst Resources Ltd will move to acquire the remaining interest in a United States coal miner following shareholder approval.

West Perth-based Bathurst Resources will reverse its acquisition of a United States coal miner after a dispute arose over the original agreements.

Perth-based Bathurst Resources has completed a $16.2 million capital raising which it will use to pursue development of a coal mining project in New Zealand.

Perth-based Bathurst Resources has received the green light to proceed with a mine at the Escarpment at its Buller coal project in New Zealand.

West Perth-based Bathurst Resources hopes to raise $110 million to provide funds for the acquisition and development of its Buller coking coal project in New Zealand.

Perth-based Bathurst Resources has agreed to pay $35 million to buy another coal project in New Zealand's Buller region.

Perth-based Bathurst Resources has dual listed on the New Zealand Share Market today.

Bathurst Resources is seeking to raise $55 million through a share placement to fund the acquisition and development of coal tenements in New Zealand.

Bathurst Resources has signed a $US40 million finance and off-take agreement with CITIC Resources Australia for its Buller coal project in New Zealand.

Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News’ 2011 survey has found.

Board movementsIMX Resources has appointed Bruce McFadzean to its board as a non-executive director, to replace Kellie Benda who has relocated to Sydney. Mr McFadzean was previously managing director of Mawson West and Catalpa Resources. 

A summary of last week's smaller deals that did not get included in our daily news coverage.