CityView

WHILE junior explorers dominated the 10 best-performing Western Australian stocks last financial year, was there a defining characteristic that bound together the worst performers for the year? A lack of scale would seem to be one possibility, with the 10

Perth-based CityView Corporation is facing a shareholder revolt with a group using the internet to express their concern over chief executive Mark Smyth and his management of the company.

Chairman of Perth-based CityView Corporation, Manuel Africano has outlined the company's plans for growth in an address to shareholders today including the acquisition of mining organisations, Fortitude Minerals and Canzar Resources.

Perth-based oil and gas company CityView Corporation Ltd will acquire an oil refinery for $367 million to treat crude oil in west Africa.

EXPLORATION companies Navigator Resources Ltd and CityView Corporation Ltd have successfully completed share placements to raise $5 million and $10 million, respectively.

Perth-based CityView Corporation Ltd aims to raise $2.3 million for working capital through an entitlements offer of one option for every five shares held, the company has announced.

Perth-based CityView Corporation Ltd has acquired the right to purchase 100 per cent of Petro Energy Africa Ltd, a move that would give it operational control of the North Matanda oil project in Cameroon.

Perth-based oil and gas exploration company CityView Corporation Ltd is on the verge of entering into a joint venture agreement with Johannesburg-based Petro African Energy plc.