Perth-based Castile Resources and Kaiser Reef are set to raise up to $25 million ahead of stock market listings next month, despite tough market conditions affecting a number of ASX aspirants.
Subiaco-based Nemex Resources has abandoned plans to wholly acquire Wavefront Biometric Technologies, but will instead raise capital and secure a majority stake in the target.
Tech entrepreneur Rob Newman and company director Ian Olson are leading the latest backdoor listing on the ASX, with their spatial data service Pointerra to join the exchange through a reverse takeover of Soil Sub Technologies.
