News Articles for Canaccord Genuity Australia

The largest shareholder in Metals X has sold a big line of stock and foreshadowed further sales, as the diversified miner announced plans to invest $15 million developing its Fortnum gold project.

Lithium hopeful Altura Mining has announced plans to raise $23 million to fund development of its Pilgangoora project, with construction targeted for later this year.

Six mining and energy companies have announced plans to raise a combined $98.1 million to fund ongoing work at their respective projects.

Perth miner Galaxy Resources has announced plans to merge with joint venture partner General Mining Corporation to create a larger lithium-focused company, in a deal worth $216 million.

The gold sector has continued to be positive for investors and stockbrokers, with a $12.5 million capital raising announced today by West African Resources adding to more than $150 million worth of deals launched by Western Australian companies this year.

Sandalwood producer TFS Corporation has confirmed a $65 million capital raising to buy-out plantations owned by managed investment schemes.

Blackham Resources will proceed with a $22.9 million refurbishment of the Wiluna gold plant at its Matilda project, with Interquip/Mintrex and Practon Engineering selected as key contractors today.

Gold hopeful Blackham Resources has tapped investors for a $20.3 million capital raising to fund ongoing work at its Matilda project near Wiluna.

Local companies Triton Minerals, General Mining Corporation and Orinoco Gold have announced plans to raise a combined $24.6 million to fund ongoing work at their respective projects.

A technology company led by former Alinta Energy boss Bob Browning is seeking an ASX listing through a reverse takeover of Perth-based Cove Resources.

Perth-based minerals explorer Talga Resources has received firm commitments for a discounted placement to raise $5.5 million.

Perth-based minerals explorer ABM Resources has announced plans to tap investors for a $14.2 million capital raising to fund development of the Old Pirate gold deposit in the Northern Territory.

West Perth-based Red Fork Energy, which has raised $125 million from investors over the past three years to support its shale drilling program in the US, has collapsed after losing the support of its major lender.

Neon Energy may be leaving its Perth headquarters after entering into a merger implementation agreement with MEO Australia, which would create a combined entity based in Melbourne.

FEATURE: The June quarter presented a broad range of transactions for corporate players, however a noticeable lack of direction remains.

Sandalwood producer TFS Corporation has raised $67 million through a share placement, signalling it plans to increase the scale of its plantations.

Shares in Perth-based explorer Tawana Resources are trading lower after the company announced it has raised $5 million through a discounted share placement.

Perth-based juniors A-Cap Resources and Lucapa Diamond Company have tapped the market for capital as they look to advance their respective projects.

Centaurus Metals has raised $5 million for early-stage works at its Jambreiro iron ore project in Brazil while it finalises a debt funding package for the development.

West Perth-based junior Orinoco Gold will tap shareholders for up to $4 million as it works to progress its exploration projects in Brazil.

Tiger Resources has bolstered its finances with a $42.5 million capital raising as it works towards commissioning its Kipoi copper project in the Democratic Republic of Congo.

Shares in Tawana Resources have soared on the back of news the junior miner plans to raise $2.9 million through a share placement.

Junior mining stocks Orinoco Gold and Peak Resources have bolstered their coffers with capital raising that will raise a total of $6.1 million.

C @ today reached its minimum capital raising target of $14 million, after slashing its price by half and lowering its goal by $6 million last week.