Saint Helier, Jersey-based gold mining and minerals exploration Lydian International pocketed C$4.7 million in a private share sale to its shareholders International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (ERBD) to fund its operations in Armenia.
Dublin, Ireland-based oil exploration firm PetroNeft Resources raised $6.7 million (€4.8 million) in combined share placement and debt facility to support the development of its oilfield in Russia.
West Perth, Australia-based mineral exploration firm Rox Resources landed $3.3 million from the placement of 73.3 million shares to fund its nickel project in the Goldfields.
Thousand Oaks, US-based agricultural biotechnology seed firm Ceres Inc got $23 million from a recent public offering of common stock to be used for its operations and other corporate purposes.
Perth, Australia-based coal miner The Waterberg Coal Company Ltd raised A$2.4 million from an equity issue to London, UK-based investment firm Investec Asset Management to gain additional working capital for its current project.
Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
West Perth, Australia-based public exploration and mining firm Golden Rim Resources raised $491,000 in placement to continue developing its Balogo project in Burkina Faso, Africa while the firm is still trying to determine other funding options.
Backed with a $20,000 convertible note from Atlanta Capital, Yik Yak is an anonymous messaging app that allows college students to share their gripes to other users within a five-mile radius, TechCrunch reported.
The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
Teen apparel retailer Aeropostale, which had posted losses for four straight quarters, is reportedly mulling over a capital increase from private equity investors. Should the teen apparel retailer decide to raise capital, Aeropostale may do it via a private investment in public equity (PIPE) deal.
As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.
India-based technology firm HCL has entered into the healthcare segment with an equity position in Bharat Family Clinic, causing a buzz in the sector, the Business Standard reported.
Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Charlottesville, Virginia-based wind power developer Apex Clean Energy Inc raised around $4.4 million in the latest stage of its $25-million equity funding round which started last year.
Hutton Collins, a provider of preferred capital, will be investing €50 million in the form of a subordinated loan and minority equity interest in Dedalus Group, a healthcare IT systems company based in Italy.
Subscribe to VCpost newsletter
- (Video) OUKITEL WP5000 Review
- Have Online Casinos Now Usurped Their Land-based Counterparts?
- Enterprise Initiatives that Advance Idea Innovations
- Forget the kitties - cryptocelebrities are the latest blockchain money spinner
- OUKITEL Engineers Team Endorse for the 10000mAh K7, To Make the Best large battery smartphone
- Debt in the US: Is the Government Setting a Bad Example for All of Us?
- OUKITEL K7 is Coming soon: 10000mAh battery with 18:9 diaplay
- How Fintech Is Changing The Shape Of The Market