Major second-tier accounting franchise BDO has dumped the firm representing it in NSW and Victoria in a schism which is likely to cause further musical chairs in the sector.
Iron ore and vanadium miner Atlantic has lined up a $41.7 million funding package to cover a cash shortfall caused by delays in production of ferrovanadium and iron ore exports from its Windimurra dev
Entrust Private Wealth Management has announced a merger with Finovia, a Melbourne-based funds manager backed by the private investment arm of the Wyllie family.
Waratah Resources has launched a $3.5 million capital raising to advance exploration efforts at its suite of iron ore projects in the Democratic Republic of Congo.
South Africa’s Exxaro Resources has taken its stake in takeover target African Iron to 97.88 per cent, allowing it to compulsorily acquire the remaining shares in the company.
Goldfields Credit Union has lodged a prospectus ahead of its long-awaited stockmarket float, revealing that it will spend $1.86 million to demutualise and raise $9 million in new capital.
Perth-based exploration juniors Jacka Resources, Excelsior Gold and MOD Resources have launched capital raising initiatives worth approximately $24 million collectively.
PMI Gold Corporation has entered a share purchase agreement with a syndicate of underwriters to raise $C35 million ($A32.8 million) to complete feasibility studies for its Obotan gold project in Ghana
OFTEN overlooked in the chest-thumping world of corporate finance are the accounting firms that perform many of the transactional elements of each deal.
Gold miner Northern Star Resources has raised $45 million to boost its balance sheet, saying it is now well-funded to pursue aggressive exploration at its Paulsens and Ashburton gold projects, and to
Geraldton company Bhagwan Marine is planning to expand its oil & gas services business after gaining financial backing from private equity group Catalyst Investment Managers.
Listed company STW Group has added to its Perth media and communications interests by purchasing a 49 per cent shareholding in public and investor relations firm Purple Communications.
Perth companies Arafura Resources and Raisama have both slashed the size of their board of directors, in order to cut costs as they continue long-running negotiations over the funding and development