Good evening,

Regis Resources has come up with the gold! After a six or so month auction run by Macquarie Capital, ASX-listed Regis has come out on top in the race to buy IGO’s stake in Western Australia’s Tropicana gold mine.

We revealed Regis had beat out the likes of Gold Road Resources and Evolution Mining for the $900 million stake on Monday afternoon, and a $650 million equity raising is slated to launch on Tuesday morning. We’ve got the details.

Elsewhere, it’s been all quiet on the Bingo Industries/CPE Capital/MIRA takeover front for months – but we’ve spotted some signs of life.

And finally, we take a look at the green transport outfit that’s been pitching a whopper pre-IPO funding round to potential investors over the past few weeks.

Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors