Deals

Red Gum Resources and White Star Resources are the latest exploration companies to shift focus away from the resources sector, signing deals to move into geospatial imagery and internet travel bookings respectively.

Perth-based stockbroker Euroz has appointed former MLC chief executive Steve Tucker to head up a new funds management subsidiary as the company eyes opportunities in the listed investment company sector.

Chinese steel giant Baosteel and listed railway operator Aurizon have cleared a key hurdle in their $1.4 billion joint takeover bid for Perth-based Aquila Resources, with the Foreign Investment Review Board giving the green light to the proposed deal.

Tangiers Petroleum has completed its second capital raising for the month after receiving "strong, unsolicited demand" from major investors.

Silicon Valley-based online recruitment company 1-Page has outlined plans to launch a backdoor listing on the ASX through mining exploration company Intermet Resources.

Biotech player Orthocell has appointed two financial advisory firms to seek out investors as part of the company’s plans to go public.

Shares in Perth-based rubber recycling and manufacturing company Reclaim Industries have soared on the ASX on the back of its $3.8 million all-scrip takeover of cloud-based recruitment business Skills Connect.

Perth financial planners and former Test cricketers John "Sam" Gannon and Craig Serjeant are set to be two of the big winners from a $670 million takeover deal that will create Australia's third largest wealth manager.

West Perth-based explorer Avanco Resources has raised $23 million through a share placement as it works towards development of its Antas and Pedra Branca copper projects in Brazil.