Our board moves wrap includes Clive Donner, Chris Singleton, Richard Yeates, Bradley Marwood, Bruce Stewart, Peter Venn, Ben Jones, Luke Timmermans, John Kay, David McArthur, and Andrew Childs.
Gold explorer Middle Island Resources has received commitments to raise $4 million under a share placement, with the proceeds to fund continued drilling at the company's Sandstone project in Western Australia.
SPECIAL REPORT: Financing opportunities have improved markedly from just two years ago for the state's junior miners, amid growing demand for drill rigs and skilled workers.
An independent expert's report has found private equity group Auctus Chillagoe's takeover bid for Mungana Goldmines to be both unfair and unreasonable, saying the 13.5 cents a share price was opportunistic and undervalued the business.
Newmont Mining has agreed to be a cornerstone investor in Middle Island Resources, which is planning a $12.5 million initial public offering and hopes to list on the Australian Securities Exchange later this year.
