Nic is the content researcher at Business News. He handles the research of new lists for BNiQ, as well as collecting and compiling corporate finance and directors' interest data. Nic is also responsible for the appointments section, and is usually the primary contact for those wanting to have their organisation added to the website and database. He joined Business News in 2015 after studying journalism, humanities and science at the University of Western Australia.
Perth companies MCS Security Group and Intiga Security are planning to list on the ASX through a reverse takeover of Red Gum Resources, following a similar move by Threat Protect Australia, which is also pursuing a backdoor listing.
Panoramic Resources has responded to the slump in nickel prices by halting production in the Deacon orebody at its Lanfranchi project, resulting in half the project staff being laid off over the weekend.
Sirius Resources has announced that it has nominated Belmont-based Zenith Pacific as its preferred tenderer to build, own, operate and maintain a combined diesel-solar power station at Sirius’ Nova nickel project in Fraser Range.
Perth-based telecommunications business Vonex’s backdoor listing through acquisition by Aleator Energy has received a big boost after the Aleator share purchase plan closed 374 per cent oversubscribed.
Shares in West Perth nickel miner Mincor Resources fell today with the announcement of its quarterly results, which reported a $1.51 million operating loss for the quarter and an unaudited $17.68 million profit for the year.
Perth-based medical cannabis company Phytotech Medical has completed its $20.7 million merger with Canada-based firm MMJ Bioscience and raised $4.8 million in an oversubscribed placement to sophisticated investors.