Company Updates

Ayesha De Kretser, 17 April 2013 The sky looks decidedly more grey than blue in mining towns at the moment but that hasn’t deterred IPB Petroleum from its plans to wrap up a listing by Friday. IPB is looking to raise a minimum of $2.5 million at 50¢ a share through its float on the Australian […]

As managing director of Mithril Resources, David Hutton is looking to mine the most value possible from a resources company that has flown under the radar of many investors. Since taking up the position in June last year, the previously Perth-based Mr Hutton has improved the company’s share price from 3.2c to 4.5c and has […]

It’s undeniable that the future of IT is ‘Cloud’.  IT procurement is expected to be entirely cloud related within five years and is predicted to be a USD$100bn industry in the US by 2014.  As the public becomes more educated on cloud, and as businesses discover new found cost and operational synergies, Australia is demanding […]

Some of the greatest inventions of the modern age were born from a lateral observation from a curious inventor.  John Chamberlain, founder of biotech company Cocky Smart reflects on a humid day in Western Australia just over a decade ago, “I was in a shearing shed full of sheep one particularly muggy spring that resulted […]

Folkestone to launch its second real estate income fund 79% of current income underpinned by Commonwealth and State Government tenants  Folkestone’s balance sheet to underwrite $8.0 million to assist in the acquisition Folkestone’s (ASX:FLK) real estate funds management subsidiary, Folkestone Funds Management Limited (FFM), announced today that it had exchanged contracts for the acquisition of […]

PERTH, AUSTRALIA: April 10, 2013 – Phylogica Ltd (ASX: PYC, XETRA: PH7), a leading Australian peptide drug discovery company, has engaged Griffin Securities, a specialty investment bank located in New York City, to conduct a formal process for evaluating strategic opportunities available to the Company. Phylogica’s CEO, Dr Paul Watt, commented: “Over the past few […]

ASX Release – 27 March 2013 Mithril Resources Ltd (ASX:MTH) is pleased to advise that a recently completed drilling program at its wholly owned Spargos Reward Gold Mine, located approximately 30 kilometres west of Kambalda (Figure 1), has intersected further high-grade gold mineralisation. The Spargos Reward Gold Mine is one of the priority targets within […]

IPB Petroleum is an Australian, conventional offshore oil exploration company currently floating on the ASX. The Company has built a strategic position with high equity along what it believes to be a potential new oil fairway along the southern margin of the Browse Basin offshore North West Australia. IPB has a strong board and management […]

Relivit has filled Round 1 of its capital raising, achieving $400,000 of investment in the five week campaign. The funds raised will be used to achieve the company’s immediate objectives including securing more commercial waste supply under contracts and selecting the preferred site for the Relivit plant in NSW. Gareth Williamson, Managing Director of Relivit Holdings […]