West Perth-based Heritage Gold NZ Ltd will raise around $1.6 million through an issue of rights on a one for seven basis, raising funds to advance exploration of the company's gold tenements in Australia and New Zealand.
Biotechnology company Rockeby Biomed Ltd has announced plans to raise $2 million through a share purchase plan to existing shareholders, to help fund the international expansion of the company's existing products and continue research and development acti
West Perth-based Vulcan Resources Ltd has been hammered by investors after disclosing that planning for its flagship Kylylahti project in Finland has been adversely affected by higher than expected costs and an unfavourable exchange rate.
West Perth-based Beadell Resources Ltd will pay $2 million in cash and scrip to Boulder-based Challenge Drilling to guarantee priority access to both aircore and reverse circulation drill rigs over a 2 to 3 year period, the company has announced.
West Perth-based Universal Resources Ltd has signed a joint venture agreement with Claremont Resources Ltd, which will see the latter company spend up to $6.5 million on the Burra Zinc project in exchange for 77 per cent of Universal's interest in the ten
Drilling services company Ausdrill Ltd has completed a $95 million capital raising through a share placement and share purchase plan to fund expansion in Australia and Africa, including a move into contract mining in Australia.
CVRD-Inco will proceed to step three of the Kalgoorlie Nickel Project, its joint venture with West Perth-based Heron Resources Ltd, and will pass on a draft program and budget for the works by Saturday.