MELBOURNE: Australian Primary Hemp Ltd (APH) announced an exclusive two-year agreement with Annex Foods Pty Ltd for the supply of hemp seeds. The Agreement is the culmination of a close collaboration between APH and Annex. The Agreement is valued at $760,000 and marks a significant milestone in APH’s strategy of expanding its ingredients supply business….
Category: Australian Exchange
Australian Securities Exchange news today and company announcements regarding mergers, acquisitions, appointments, expansion and technology of companies listed on Australian Securities Exchange (ASX).
Malachite formalises acquisition of Sunshine Minerals Solomon Islands nickel
SYDNEY: Malachite Resources Limited has executed a Share Purchase Agreement to formalise its acquisition of the remaining 85% interest in Sunshine Minerals Limited that it does not already own. Malachite previously acquired 15% of Sunshine, a private company incorporated in the Solomon Islands. Sunshine owns 80% of Sunshine Nickel Limited (SNL) which holds prospecting licence…
Boingo wireless signs agreement with Skyfii
SYDNEY: Skyfii Limited an omnidata intelligence company, announced that NASDAQ-listed Boingo Wireless has added Skyfii’s ‘IO Insight’ data visualization feature within its intelligent network insights platform. Boingo, a leading provider of indoor wireless networks, selected Skyfii’s solution to further enhance its innovative data services for venue customers that include major airports, stadiums, convention centers and…
Auburn Resources to acquire Ripple Resources
PERTH: A Term Sheet has been executed between Auburn Resources Limited and Armour Energy Limited for the acquisition of Armour’s wholly owned subsidiary, Ripple Resources Pty Ltd by Auburn, a news release said. Ripple currently holds a number of mineral exploration tenements in Queensland and the Northern Territory considered to be prospective for lead and/or…
9spokes and Fundation sign agreement to promote 9Spokes platform to US clients
AUCKLAND: 9Spokes, a powerful business ecosystem, has signed a distribution partner agreement with Fundation Group LLC, a US fintech focused on modernizing how credit is delivered to the small and medium-sized (SMB) business market. Under the Agreement, the parties will coordinate business development to introduce the 9Spokes platform to Fundation’s relationships with US-based banks and…
Fonterra confirms appointment of Teh-han Chow to CEO Greater China
SYDNEY: Fonterra has confirmed the appointment of Teh-han Chow to the role of Chief Executive Officer, Greater China. Fonterra CEO Miles Hurrell says since December 2019, Teh-han has been at the helm in an acting capacity, overseeing the Co-op’s overall Greater China business, including Ingredients, Foodservice, Consumer Brands and China Farms. “He’s made an impressive…
ReNu Energy completes sale of 30% interest in Goulburn and Beaudesert bioenergy projects
PERTH: ReNu Energy Limited has completed the sale of its 30% interest in the Goulburn and Beaudesert bioenergy projects to Resonance Water Finance UK Limited, a news release said. ReNu Energy has received $500,000 in consideration for the sale and further payments of approximately $280,000 for the second generator project at the Beaudesert facility, accrued…
Appointment of Christine McLoughlin to the Cochlear Limited Board
SYDNEY: Cochlear Limited announced the appointment of Christine McLoughlin to the Cochlear Board. Ms McLoughlin’s appointment will become effective on 1 November 2020.Ms McLoughlin has served on the boards of a number of ASX50 companies and is a highly respected company director with domestic and international experience in financial and health services and telecommunications. Cochlear…
PainChek granted patent in China
SYDNEY: PainChek Ltd, developer of the world’s first smartphone-based pain assessment and monitoring application, has received a patent in China for its pain assessment invention, a news release said. The Company received notification that the Chinese Patent Office had accepted its application, following on from the receipt of similar protection for its intellectual property (IP)…
AppsVillage appoints Asaf Fox as VP of Products
SYDNEY: AppsVillage Australia Ltd, a SaaS solutions provider for small and medium businesses, has appointed Asaf Fox as Vice President of Products, to lead the enhancement of JARVIS and the Company’s SMB app development and marketing platform. Mr Fox brings more than a decade of experience in product development for some of the world’s largest…
MGC signs distribution agreement signed with UK medicinal cannabis provider LYPHE
PERTH: MGC Pharmaceuticals Ltd, a European bio-pharma company, has signed distribution agreement for MGC Pharma’s EU GMP cannabinoid medicines with leading United Kingdom medical cannabis provider, LYPHE Group Limited, a news release said. The Agreement provides MGC Pharma direct access to LYPHE’s established distribution channels into the growing UK market for medical cannabis products. MGC…
SunRice’s CopRice acquires Riverbank Stockfeeds’ dairy and beef business
PERTH: The SunRice Group’s CopRice subsidiary, which produces stockfeed and companion animal products, has signed a purchase agreement to acquire the dairy and beef business of Riverbank Stockfeeds, a Victorian-based producer of livestock products. The acquisition includes Riverbank’s feed mill at Leongatha, and dairy business across Gippsland and south west Victoria. The acquisition provides an…