BRISBANE: Fiji Kava Ltd, an Australian-Fijian medicinal kava health and wellness company, announced a non-exclusive licence agreement with BioCeuticals, a Blackmores-owned company, to develop a co-branded product for release in Australia and New Zealand. The agreement will see BioCeuticals licence the use of Fiji Kava’s high quality noble kava extract for its BioCeuticals Clinical AnxioCalm…
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).
Class Limited agrees to acquire Smartcorp for $4.2 million
PERTH: Class Limited, a developer of application software, has announced the execution of an agreement to buy 100% of the shares in Assuriti Pty Ltd (Smartcorp) for $4.2 million, adjusted for net assets. The transaction comprises an upfront cash payment of $2.73 million on completion, plus $1.47 million in Class shares escrowed for 18 months….
Paul Tyler appointed next CEO of Superloop
BRISBANE, AUSTRALIA: Superloop Limited announced the appointment of Paul Tyler as the Company’s next Chief Executive Officer commencing 1 October 2020. Mr Tyler comes to Superloop with more than 25 years’ experience in senior leadership roles, most recently as Chief Customer Officer of NBN Co Ltd (NBN) responsible for scaling its aspirations in the business,…
Global Oil & Gas Limited to acquire 20% equity interest in Goshawk Energy Corporation
PERTH: Global Oil & Gas Limited (GLV) has entered into an exclusive Heads of Agreement (HOA) for the option to acquire a 20% equity interest in Goshawk Energy Corporation Pty Ltd, a news release said. Goshawk owns several strategic licences, which are prospective for oil and gas located in Western Australia’s Canning Basin covering an…
Peter Snowsill appointed Chief Executive Officer of Aurora Labs
SYDNEY: Aurora Labs Limited has appointed Mr Peter Snowsill as Chief Executive Officer, with immediate effect, a news release said. Mr Snowsill has served as the interim CEO since March 2020 and previously as the Chief Operating Officer. Mr Snowsill has over 25 years technology-based executive, engineering and project management experience across Australia, Asia Pacific…
Atomo receives TGA approval for its COVID-19 rapid antibody test
SYDNEY: Atomo Diagnostics Limited announced that the Therapeutic Goods Administration (TGA) has approved its rapid SARS-CoV-2 antibody blood test for use by medical professionals in Australia. With approval now granted for the Atomo Rapid COVID-19 (IgG/IgM) test, the product will now be added to Atomo’s existing Australian Register of Therapeutic Goods (ARTG) listing, alongside the…
Emerald Clinics signs real-world evidence contract with UK’s cannabis company Canopy Growth
SYDNEY: Emerald Clinics Limited, a leader in the collection and clinical translation of Real-World Evidence technologies, has been engaged by Spectrum Biomedical UK (SBUK), the UK subsidiary of the world’s largest cannabis company Canopy Growth, to develop a Real-World Evidence system in the United Kingdom (UK). Under the agreement Emerald will design and deliver a…
MyFiziq signs term sheet with behavioural change company Biomorphik
PERTH: MyFiziq Limited has signed a binding term sheet with Biomorphik Pty Ltd, an Australian based behavioural change and technology company, with the aim of reducing health costs at all levels of society from the individual, to healthcare and insurance systems, and governments. Biomorphik has created a pre-emptive health platform, built on a simple idea:…
Sigma Healthcare sells two distribution centres for $172 million
SYDNEY: Sigma Healthcare Limited announced that final contracts have been executed for the sale and leaseback of two Distribution Centres (DC’s) for proceeds totalling $172 million. Sigma Healthcare Limited is a full line wholesale and distribution business to pharmacy. It is also the owner of Australian pharmacy retail brands: Amcal Max, DDS, Amcal and Guardian….
Michael Davey appointed Chief Executive Officer of RateMyAgent
PERTH: RateMyAgent (RMA) announced the promotion of Michael Davey to the role of Chief Executive Officer and the resignation of Mark Armstrong, who will stay as an Executive Director and concentrate on the near term strategy for penetrating the US. RateMyAgent is an Australia-based review platform expanding rapidly in the United States and New Zealand….
Suvo commences trading on ASX following AUD$5 million capital raising
PERTH: Suvo Strategic Minerals Limited has commenced trading on the Australian Securities Exchange following a heavily oversubscribed capital raising of AUD$5 million via the issue of 250 million shares at AUD$0.02 per share. Based on the capital raising price, Suvo has a market capitalisation of AUD$10.5 million. Suvo received applications from investors well in excess…
BNK Banking Corporation appoints Brett Morgan as CEO
PERTH: BNK Banking Corporation Limited announced the appointment of highly experienced financial services industry professional, Mr Brett Morgan, as its new Chief Executive Officer (CEO). Mr Morgan will assume the role of CEO for the Banking (BNK) and Wholesale (Better Choice) Home Loans businesses, with John Kolenda CEO of the Finsure aggregation business. BNK Chairman,…