Proposed code: OEX
Issue price: $0.20
Principal activities: oil exploration
Corporate: Max Cozijn (non-executive chairman and company secretary); David Archibald (managing director); G Johnson (non-executive director)
(08) 9321 5000
Oilex is seeking to raise $3 million in an offer scheduled to close July 18.
Berkeley Resources Limited
Proposed code: BKY
Issue price: $0.20 ($0.005 per option)
GICS industry group: metals & mining
Principal activities: gold, nickel and diamond exploration
Corporate: Brian Smith (chairman); Peter Batten (managing director); Rita Brooks (director)
(08) 9284 8815
Berkeley is aiming to raise $4,611,250, in an offer extended until July 14.
Sponsoring broker is Hogan & Partners.
Financial Resources Limited
Proposed code: FRT
Principal activities: commercial lending
Corporate: Raymond Turner (non-executive chairman); Barry Samuels (managing director); Keith Robertson (non-executive director); William Ryan (non-executive director). The company plans to change its name to Transact Limited.
(08) 9321 8122
Financial Resources is hoping to raise $1.45 million in its offer, scheduled to close July 22.
Proposed Code: MAA
Issue price: $0.50
Principal activities: Development and sale of diagnostic and therapeutic health care products.
Corporate: Josef Plattner (chairman/CEO); Giulio Cimetta (non-executive director); Christopher Seels (non-executive director); and Lloyd Halvorson (company secretary).
Medec is hoping to raise up to $3.5 million and at least $2 million from its offer that is scheduled to close on September 11.
Sponsoring broker is State One Stockbroking Ltd.
To be advised
Chameleon Mining NL
Proposed code: CHM
Principal activities: gold exploration
Corporate: Nick Dondas (non-executive chairman); Gregory Barnes (managing director); Suliana Niurou (exploration director); Landan Roberts (executive director, company secretary)
(08) 9367 6855
Chameleon has been aiming to raise $7.5 million.
Sponsoring broker is Findley & Co Stockbrokers Limited.
Gleneagle Gold Limited
Proposed code: GLN
Corporate: Anthony Brennan (non-executive chairman); Ian Prentice (managing director); Joe Kennedy (non-executive director); David Prentice (non-executive director); Kent Hunter (company secretary). It is hoping to raise $5 million.
(08) 9284 5965
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