Finders Resources' major shareholder, Eastern Field Developments, has changed its hostile takeover bid for the copper miner to 'unconditional' status, with the Indonesian consortium continuing to raise concerns about the company's Wetar project.
Three Perth-based junior miners have tapped investors for more than $10 million, while gold explorer Crusader Resources will raise up to $US15 million ($19 million) as the company seeks a dual listing on London's AIM.
A tieback of the Scarborough field into the Pluto LNG plant could well be the next major energy development in Western Australia, after Woodside Petroleum announced a deal to increase its stake in the field.
Okapi Resources Limited (ASX:“OKR”) (“Okapi” & “Company”) is pleased to announce that, further to its announcement of 24 January 2018, it has completed the issue of 2,142,857 fully paid ordinar
Lithium hopeful Prospect Resources has repriced its recently announced $10 million capital raising, with last week's slump in the stock market forcing the company to drop the proposed share price.
Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia.
Medical dermatology company Botanix Pharmaceuticals has raised $15 million through a strongly supported share placement, with the proceeds set to be spent on developing its lead product for acne.
Ardiden Limited (ASX: ADV) is pleased to announce that it has completed the successful acquisition of 100% of the early stage Bold Property Colbalt-Copper Project in Ontario, Canada with a final pa
The state government has selected investment bank Investec as its commercial adviser on land registry agency Landgate, adding to speculation it is a likely privatisation target.
Rare earths developer Northern Minerals has lifted the limit on its share purchase plan to $15 million on the back of strong demand from existing shareholders.
Copper and gold explorer Stavely Minerals has raised $8.3 million via a share placement and share purchase plan, with the company completing drilling programs at a number of tenements on the east coast.
Oil and gas producer AWE has given suitor Mineral Resources three business days to match a superior proposal lobbed by Mitsui & Co, after reaching an in-principle agreement with the Japanese firm.
Global Energy Ventures has raised $6.7 million through a share placement, with the proceeds to be used on the development of the company's compressed natural gas technology.
Local explorer De Grey Mining will proceed with a $15 million acquisition of the Indee gold project, located near Port Hedland, from private company Northwest Nonferrous Mining Australia.
Westgold Resources Limited (ASX:WGX) (Westgold) is pleased to advise that its wholly owned subsidiary, HBJ Minerals Pty Ltd (HBJ) has signed mining tribute agreement over Cannon Mine area.
Shares in AWE jumped 16.5 per cent today after Japanese group Mitsui & Co became the third bidder for the oil and gas producer, which is the operator and half owner of the Waitsia gas field north of Perth.
Japanese group Mitsui & Co. has announced a surprise $600 million takeover bid for AWE, trumping two existing bids for the oil and gas producer, with the main attraction being AWE's Waitsia gas project north of Perth.
Four Perth-based miners have tapped investors for more than $30 million, with Panoramic Resources raising $20.9 million for its Savannah nickel project in the Kimberley.
Shares in US-focused cybersecurity company WhiteHawk will begin trading on the ASX tomorrow after the company completed a $4.5 million initial public offering using Perth brokers and advisers.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
Perth-based Tiger Resources has sold its assets in the Democratic Republic of Congo, including its Kipoi copper project, to a consortium of Chinese investors for $US260 million ($325 million).
Sir Ron Brierley-chaired Mercantile Investment Company has increased its bid for Perth-based Bauxite Resources to 11 cents, putting it within the price range set out in the independent expert's report.
Mining equipment supplier Imdex expects it will be able to deliver substantial productivity benefits to its clients after striking an option agreement over New Zealand company Flexidrill.
Junior explorer Spitfire Materials has tapped investors for $5.3 million via a strongly supported share placement as the company ramps-up exploration work at its Western Australian gold project.
Saracen Mineral Holdings says it is on track for its 2018 financial year production target after announcing solid gold output for the December quarter, while also signing a deal to sell its Wallbrook project near Kalgoorlie.
ASX-listed tech business Dreamscape Networks has entered into an agreement to acquire Gold Coast-based web hosting company Quadra Hosting for $2.5 million in cash.
On 12 January 2018, Valmec completed the issue of 22,522,083 fully paid ordinary shares in the capital of the Company (Option Shares) upon the exercise of 22,522,083 listed options (ASX:VMXO) with
Blackham Resources has signed up Hartleys as lead manager for a $36 million capital raising that will be priced at just 4 cents per share, while mining contractor MACA has agreed to lend $14 millio
