02/09/2019 - 11:09

Corporate finance deals Aug 26 to 30 2019

02/09/2019 - 11:09

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A summary of last week's smaller deals that did not get included in our daily news coverage.

Corporate finance deals Aug 26 to 30 2019

Arrow Minerals has completed its acquisition of Boromo Gold in an all-scrip deal

 

Babylon Pump & Power has closed its share purchase plan, having received $1.3 million in acceptances. The shortfall will be placed by the underwriter Patersons Securities to bring the total raised to $1.5 million.

 

Empire Oil & Gas has announced a deal to acquire Venator Cooper and Venator Surat, which hold Queensland oil assets, for an all-scrip consideration worth $3.75 million if valued at the 4 cents a share price of the accompanying public offer.

 

Great Southern Mining has completed its acquisition of the Cox’s Find gold project.

 

Sky and Space Global has raised $15 million through a share placement at 1 cent a share.

 

Tanga Resources has announced a placement of shares at 0.3 cents a share to raise $1.8 million.

 

Bryah Resources has raised $2 million through a placement at 6 cents a share.

 

American Pacific Borate & Lithium has entered a $US2 million convertible notes funding agreement.

 

Emu has raised $676,000 through a placement of shares at 3.5 cents a share.

 

Parkway Minerals has completed a $450,000 placement at 0.5 cents a share.

 

Carnavale Resources has placed the shortfall to its 0.3 cents a share entitlement offer, bringing the total raised to $2.2 million.

 

Pacific Bauxite has sold its residual interests in royalties and milestone payments from the Mt Richardson, Rogetta and Golden Camel projects for $100,000.

 

Podium Minerals has raised $1.7 million through a 2-for-3 entitlement offer at 3 cents a share

 

Auroch Minerals has completed its acquisition of the Saints and Leinster nickel projects from Minotaur Exploration.

 

Mineral Resources has completed its acquisition of the Parker Range iron ore project from Cazaly Resources.

 

Duketon Mining has completed the sale of its Duketon gold tenements to Regis Resources.

 

Great Boulder Resources has received firm commitments for a $700,000 placement, and has announced a proposed $1.3 million entitlement offer. Great Boulder has announced an agreement to acquire 75 per cent of the Whiteheads gold project for a total consideration worth $700,000.

 

Victory Mines has raised $116,000 through a placement at 0.1 cents a share, and plans to raise a further $1.5 million through an entitlement offer.

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