Deals

Oil and gas entrepreneur Peter Allchurch is set to become a major shareholder in Perth company TW Holdings after striking a deal to sell a Texas shale oil project to the listed company.

More than a decade after it exited the cinema advertising market in Western Australia, national media group Val Morgan has returned with the acquisition of local agency CineAds.

The liquidators of timber plantation assets formerly owned by collapsed managed investment scheme Great Southern may have found a buyer for the assets, with an investment trust managed by Sydney-based company New Forests agreeing to purchase the plantations.

Drilling contractor Swick Mining Services is planning to invest up to $6.5 million in a Swedish mineral analysis technology company as it looks to turn around its performance.

MZI Resources has completed a $5 million equity raising, with international private equity group Resource Capital Fund boosting its stake in MZI to just less than 15 per cent.

Shares in West Leederville-based Glory Resources have soared on the back of the gold explorer receiving a $30.5 million friendly takeover offer from Canadian miner Eldorado Gold.

Subiaco-based uranium explorer Black Range Minerals has announced it will pay US$10 million to acquire Canadian miner Uranium One's Shootaring Canyon mill in the US.

National private equity group Catalyst has made its second acquisition in Western Australia, buying frozen foods manufacturer Vesco and announcing plans to merge it with an east coast food business.

Base-metals company Ventnor Resources has announced a joint venture with Sandfire Resources to  fast-track the Thaduna/Green Dragon copper project into production while removing the need for raise add