Margaret River-based Palandri Group’s financial wing aims to raise up to $15 million through a notes issue to retire debt to its principal financiers, including Maple Commercial Finance, with which Palandri has $11 million worth of debt facilities.
Perth-based optical marketing group C@ Ltd have secured a draw down loan facility of $500,000 to counter falling revenue, following the resignation of two directors, including its chief executive.
Subiaco-based investment property manager Wentworth Holdings Ltd has announced a revision to its forecast earnings before interest, tax and depreciation from $6.6 million to $9 million for the 2006-2007 financial year.
Margaret River-based Palandri Group's financial wing aims to raise up to $15 million through a notes issue to retire debt to its principal financiers, including an $11 million debt with Maple Commercial Finance.
South Perth-based bamboo flooring products company Style Ltd says it is set to generate revenue of at least $80 million over three years, following a deal for a minimum of 1600 containers of its floating floor product.
Shares in Welshpool-based water and power solutions company Solco Ltd have been suspended from quotation, after the failure of a placement with a German investment bank.
West Perth-based mining company Rubirosa Ltd aims to raise $12 million through the sale of shares to build, commission and commence operation of a mineral processing plant in Southern Oregon, USA.
Tony Fitzgerald has resigned as executive chairman of Nedlands-based opthalmic specialty company Advanced Ocular Systems, as a part of further restructuring to the company board and operating procedures.
Nedlands-based information and technology company ISS Group Ltd has won a contract to provide its BabelFish software and operational conformance products to Shell Canada Ltd.
Consolidated Minerals Ltd has announced it will compulsorily acquire West Perth-based nickel explorer Titan Resources Ltd, having purchased 90.4 per cent of stock in the company.
Perth-based communications company Commoditel Ltd aims to raise $475,000 in a rights issue to shareholders, with the money to go towards the company's working capital reserves.
A six-year court case reached its end yesterday with East Perth-based North Australian Diamonds Ltd being awarded $3.3 million in damages, following a botched pro-rata offer with Australian Gold Fields NL.
West Perth-based petroleum company Carnarvon Petroleum Ltd will raise $2.5 million through a share placement with Hartleys Ltd to raise money for a new drilling campaign.
Malaga-based bottled water producer Refresh Group Ltd may enter a bidding war with national giant Coca Cola Amatil Group for control of Victoria's Palm Springs Ltd.
West Perth-based company Eastland Medical Systems Ltd has acquired 50 per cent of Erskine-based sterile barrier and packaging products manufacturer Ampack Medical Pty Ltd.
West Perth-based minerals explorer Venture Minerals Ltd aims to raise $5 million in a scrip offer to fund evaluation of its exploration projects in Western Australia, South Australia and Tasmania.
Perth-based mineral explorers Hazelwood Resources aims to raise $4 million to fund exploration and evaluation of their tenements through the recent issue of a prospectus for equities.
Perth-based minerals investment company Mineral Securities Ltd has increased its investment in copper producer CopperCo Ltd to 18.2 per cent, making it the company's largest shareholder.
Perth-headquartered technology player pSivida Ltd's founding chief executive Gavin Rezos has revealed he will step down for personal reasons as the company shifts its focus to the US, where it plans to base his replacement.
