Euroz Hartleys Group shareholders will receive a special dividend and return of capital amounting to $80 million from the sale of its fund management business which settled earlier this year.
Plico Energy has locked in $2.4 million from investors while also agreeing to a $1.6 million debt facility with a major lender, with the funds to go towards its WA marketing initiatives.
Euroz subsidiary Westoz Funds Management has emerged as a strong critic of the proposed takeover of Zenith Energy, one day after Zenith revealed the scheme was at risk of failing.
Gold explorer Orecorp is raising $13.3 million from an institutional share placement to fund its move to full ownership of the Nyanzaga gold project in Tanzania.
