Latest News

Matrix Raising $36.7M

Matrix Composites & Engineering has been forced to launch a discounted $36.7 million capital raising to shore-up its balance sheet after a technical breach of its debt covenants. The company, which specialises in manufactured products for the oil and gas and resources industries, announced today that it would seek to raise $25.9 million in an institutional placement priced at $2.10 and separately raise $10.8 million in a one-for-15 non-renounceable rights issue, also priced at $2.10

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Enerdrill to the Rescue

TRANSERV Energy and its Warro joint venture partners may have found a solution to the lack of suitable drilling equipment for onshore oil and gas projects in Western Australia. A new WA-based drilling company, Enerdrill, has been formed to provide a new source of drilling rigs and equipment to the onshore oil and gas industry.

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Argonaut Announces Two Senior Appointments

Argonaut is delighted to announce the appointment of two senior mining professionals; Ben Lane & Adam Miethke. Joining as Directors in Corporate Finance and Metals & Mining Research, Ben and Adam have spent over 3 years...

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Azumah Completes C$20 Million Raising

 Azumah Resources Limited ("Azumah" or the "Company") (TSX:AZR)(ASX:AZM) is pleased to announce that it has completed an offering of 50,405,000 ordinary shares of the Company at a price per share of C$0.40 for total gross proceeds of...

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Argonaut to advise Sino Gas and Energy

Perth-based advisory and stockbroking firm Argonaut has been appointed by Sino Gas and Energy Holdings as its corporate advisor. In connection with the appointment, Argonaut will receive 30 million options, exercisable at 7.5 cents on or before five years from the date of issue...

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