Deals

Tech company I Synergy Group has wrapped up its first day of trading on the ASX after completing a $3.56 million initial public offering.

Pilbara Minerals has signed a farm-in deal with Atlas Iron over its Mt Francisco lithium project, and the two companies have also struck a preliminary agreement allowing Pilbara to use Atlas Iron's existing infrastructure to support early shipments from the Pilgangoora project.

Potash explorer Agrimin has announced plans to raise up to $13.2 million from investors to fund ongoing work at its Mackay project in Western Australia.

After a failed attempt at a backdoor listing in 2015, geospatial data intelligence company Takor Group has announced new plans to list on the ASX by way of an $8 million initial public offer.

Perth-based Spitfire Materials is seeking to grow its gold exploration portfolio through the acquisition of a private company led by Pilbara Minerals directors Neil Biddle and John Young, in a scrip deal worth $4.7 million.

IT company Cirrus Networks has entered into an agreement to acquire Melbourne-based NGage Technology Group in a cash-and-scrip deal worth $2.5 million.

Todd Corporation-controlled BBI Group has signed an agreement with a Chinese firm for construction of the $6 billion Balla Balla iron ore project in the Pilbara.

The Western Force is calling on the public to purchase $10 million worth of shares in the club in what it has labelled a “last call” to save it from being cut from the Super Rugby competition.

Dormant Perth-based biotech company Pharmanet Group will re-emerge as a gold explorer after entering into an agreement to acquire Keras Australia by way of a reverse takeover.