Perth-based Jacka Resources says it has received all funds from an option underwriting agreement, which will be applied to upcoming appraisal and exploration work.
Announcement below:
India-owned Sembawang Australia has widened its offer for Macmahon Holdings’ construction division, announcing a $38 million offer that also includes the purchase of the rail business.
Bedshed owner Joyce Corporation will investigate further an opportunity to invest in a national retail company that specialises in kitchens and wardrobes.
Perth company Euroz has reported a sharp rise in its first-half net profit, with higher profits at its investment companies offsetting weaker earnings from its core stockbroking business.
Henderson-based shipbuilder Austal has fallen $14 million short of its target for the retail component of a $78 million capital raising completed today.
MZI Resources has reached agreement with two major banks to secure a $54 million project finance facility for the Keysbrook mineral sands development south of Perth.
There has been a small burst of activity in the flagging new floats sector, with three Western Australian firms completing initial public offers this week, raising more than $25 million collectively.
The state government will get a US$22 million stamp duty windfall after Canadian company Cameco completed the purchase of the Yeelirrie uranium project for US$430 million.
Nexus Energy has exercised a put option to sell 2 per cent of its 17 per cent stake in the Crux gas field off the northwest coast to Royal Dutch Shell for $75 million.
Murchison explorer Fortunis Resources has made a successful debut on the Australian Securities Exchange after raising $2.8 million through an initial public offering last week.
Perth-based Firestone Energy has received an all-scrip takeover proposal from the Brian McMaster-chaired Range River Gold, that values it at $24.9 million.
