Renaissance announces $10m capital plan

Renaissance Minerals has launched a $10 million capital raising to fund exploration at its flagship Cambodian gold project.

Vmoto to raise $2.4m, list on AIM

Struggling scooter manufacturer and retailer Vmoto has launched a £1.56 million ($2.43 million) share placement, and plans to list on London’s Alternative Investment Market.

Syndicated raises $2.8m for Qld assets

Syndicated Metals has completed a $2.85 million capital raising to fund exploration and evaluation of its copper-gold project portfolio near Mt Isa in northern Queensland.

International Goldfields enters US merger deal

Perth-based gold explorer International Goldfields has announced a cash and scrip merger agreement with United States-based Santa Fe Gold Corporation, to create a diversified gold and silver miner wit

PMI Gold signs agreement to raise $100m

PMI Gold Corporation has entered an agreement with a syndicate of underwriters to raise $C100 million ($A99 million) for the development of its Obotan gold project in Ghana.

Calibre announces $74m cash and scrip acquisition

Engineering firm Calibre Group has acquired Queensland’s G&S Engineering Services in a cash and scrip deal worth up to $74 million, at today’s share price.

Fox shifts focus to Queensland Coal

Terry Streeter’s Fox Resources has entered an agreement to purchase a series of coal tenements in Queensland for $2.5 million in cash and shares.

Ausdrill announces $550m in bank financing

Mining services group Ausdrill has refinanced its debts, announcing today it had signed a new three-year, $550 million dual currency facility with a syndicate of banks.

GCS completes $4.9m retail rights issue

Global Construction Services has completed the $4.9 million retail component of its $32 million capital raising plan announced early in September.

Another delay for Navigator capital raising

Struggling gold miner Navigator Resources has pushed back an already-delayed $16 million rights issue for a further three weeks, announcing today the prospectus would not be lodged with the Australian

UK fund backs Deep Yellow placement

Namibian-focused uranium explorer Deep Yellow has completed a $6.5 million placement to Africa-based specialist mining fund Laurium LP.

Cashed-up Emeco looking to add value

Earthmoving equipment group Emeco says it is cashed up and on the lookout for “value creating opportunities” after refinancing its $450 million debt facility with a syndicate of banks.

Base to raise $40m for Kenya project

Base Resources has announced a plan to raise $40 million to fund development at its Kwale mineral sands project in Kenya.

Sluggish IPO sector reflects tough market

There may be plenty of cash about, but the IPO market is struggling as investor confidence remains low.

Staff shed amid falls

WESTERN Australia’s biggest local stockbroker, Patersons Securities, is the latest to reveal it has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million after

Making room for private equity

THE constrained corporate finance market has improved slightly in the first quarter of the new financial year, with overall Western Australian-related activity rising to $13.72 billion from the June q

Junior miners to raise $7.5 m for exploration

Perth-based mining juniors GBM Resources, Invictus Gold and Hannans Reward have announced capital raising plans today, collectively worth nearly $7.5 million.

Cortona and Unity announce $25.6m merger deal

Perth-based Cortona Resources and Victoria’s Unity Mining have announced a merger plan to create a gold miner with a market capitalisation of around $90 million.

Doray to raise $43m for Andy Well

Doray Minerals has launched a $30.8 million share placement in conjunction with a $12.2 million entitlements offer, ensuring its Andy Well gold development near Meekatharra is fully funded to producti

PMI Gold lines up $US30m in standby finance

PMI Gold Corporation has secured a $US30 million standby finance facility to boost its coffers at it finalises a comprehensive funding package for the development of the Obotan gold project in Ghana.

Buru acquires new acreage, launches $40m placement

Buru Energy has announced a $40 million placement to fund the acquisition of fresh acreage in the Canning Superbasin, north of Perth.