The Australian Takeovers Panel has received an application to prevent uranium miner Energy Resources of Australia (ERA) from undertaking its proposed A$476-million renounceable entitlement offer.
The miner last week announced plans for a fully underwr…
ERA raising faces shareholder backlash Read More »
JSE-listed industrial group Barloworld is eyeing several further acquisitions as it closes in on the purchase of a Caterpillar dealership in Mongolia, the due diligence on which has been completed. CEO Dominic Sewela tells Engineering News Online that …
ASX-listed Karoon Energy has completed the retail component of it’s A$284-million capital raise.
The retail entitlement offer closed on November 12, raising A$109-million, priced at 93c a share.
Karoon completes retail placement Read More »
Uranium miner Energy Resources of Australia (ERA) has announced a A$476-million renounceable entitlement offer to fund the rehabilitation of its Ranger project, in the Northern Territory, with major shareholder Rio Tinto saying it would subscribe for i…
Rio supports ERA’s A$476m raising Read More »
ASX-listed junior Fitzroy River Corporation has announced plans to make an off-market takeover offer for fellow-listed Royalco Resources.
The company on Thursday said that it would offer 24c in cash for each Royalco share not currently owned, valuing…
Fitzroy makes a play for Royalco Read More »
CSE-listed exploration and development junior International Mining Corp (IMC) has entered into a nonbinding letter of intent to buy the mining and exploration permits of TSX- and Aim-listed Orosur Mining in Uruguay for $1-million in cash.
IMC has 45 d…
IMC interested in buying Orosur’s Uruguay assets Read More »
ASX-listed AVZ Minerals has raised A$14.1-million through a strategic share placement to new shareholder Yibin Tianyi Lithium.
AVZ on Monday said that it would issue 314.3-million shares to Yibin Tianyi at a price of 4.5c a share, giving the lithium c…
AVZ welcomes new cornerstone investor Read More »
Investment fund Zeta Resources on Friday said it did not intend to accept nickel miner Independence Group’s hostile A$312-million ($214.6-million) takeover bid for Panoramic Resources.
Zeta Resources is managed by Bermuda-based hedge fund ICM, which h…
Top shareholder of Australia’s Panoramic rejects ‘opportunistic’ Independence bid Read More »
ASX-listed Theta Gold Mines has dual listed on the OTCQB market in the US, with the company trading under the code TGMGF.
The company on Friday said that the US listing was sought to provide current and potential North American investors with the appr…
Theta dual lists in the US Read More »
Junior Golden Mile Resources on Thursday told shareholders that it had struck a binding conditional agreement with unlisted Sundaland Resources to divest of its Darlot and Gidgee projects, in Western Australia.
Under the terms of the agreement, Sundal…
Golden Mile to sell noncore assets Read More »
