Local tech company Family Zone Cyber Safety has raised $5.2 million from investors to fund growth opportunities in new markets and bolster its balance sheet.
Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer.
Security checking business Veritas has signed a deal to piggyback Australia Post’s bricks and mortar presence ahead of an anticipated surge in demand for identity checks driven by new federal security legislation.
Three local resources companies have announced successful raisings worth a total of $12 million today, with uranium hopeful Vimy Resources, gold focused Explaurum and gold explorer Catalyst Metals all raising capital.
Recently listed tech company G Medical Innovations Holdings has attracted a $US67.5 million ($A83.9 million) deal for the sale of its smartphone jackets to a Chinese company.
Marindi Metals has conceded defeat in its Supreme Court fight against Kidman Resources over rights to the Mt Holland lithium operation, and has accepted a small settlement payout from Rox Resources over a separate matter.
Graphex Mining has tapped investors for $2.6 million as it moves ahead with development of its Chilalo graphite project in Tanzania, amid legislative changes to how the country’s government receives mining royalties.
New Century Resources has enjoyed fruitful gains on its first day of trading on the ASX after completing a reverse takeover of Perth-based Attila Resources.
Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.
PSC Insurance Group has bought National Franchise Insurance Brokers in a deal worth up to $1.2 million, two months after the Subiaco-based firm was placed into administration.
Metro Mining shares were up 20 per cent after the bauxite hopeful announced the completion of a $38 million capital raising through Perth broking firm Argonaut.
Privately-owned mining equipment supplier Nepean Conveyors is aiming to expand its manufacturing operations in Perth after buying the global conveyor business of Swedish company Sandvik.