The last 10 days of 2016 were a busy period for WA corporate deals, with the Rae family attracting a bumper price for its Gull New Zealand business, Chinese group MMG selling the Golden Grove mine, Diploma Group going into receivership and seven new listings on the ASX.
Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.
Perth-based Excalibur Mining Corporation's shares closed over 150 per cent higher on news it was considering an acquisition of Singapore-based tech company Dropmysite for an undisclosed sum.
Fremantle-based Cell Aquaculture Ltd and South Perth-based Excalibur Mining Corporation Ltd have settled Supreme Court proceedings between the two, the companies announced today.
Fremantle-based Cell Aquaculture has launched Supreme Court proceedings against South Perth-based mineral explorer Excalibur Mining Corporation Ltd, demanding payment of $500,000 from Excalibur.