LONDON, UK: CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products which reduce disruptions to everyday life for millions of people, announced that it has disposed of its legacy operations in Italy through the sale of its wholly owned subsidiary, CPP Italia Srl to IGS EMEA SL for a cash consideration of…
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Deterra Royalties agrees to acquire Trident Royalties Plc for £144 million
LONDON: Deterra Global Holdings, a direct wholly owned subsidiary of Deterra Royalties Limited has reached agreement on the terms and conditions of a recommended all-cash offer to acquire Trident Royalties Plc at the rate of 49 pence/share in cash. The proposed transaction will be implemented by way of a court-sanctioned scheme of arrangement. The cash…
First Class Metals finalizes sale of Canadian properties to Seventy Ninth Group
LONDON: First Class Metals, the UK listed metals exploration company seeking economic metal discoveries across its extensive Canadian, focused in northern Ontario land holdings, has completed the formal sale process of the McKellar & Enable properties to the Seventy Ninth Group Limited (“79th Group”) for a combined figure of £270,000. Coinciding with the sale process,…
Petards Group agrees to acquire Affini Technology for £2.8 million
LONDON: Petards Group plc (AIM: PEG), the AIM quoted developer of advanced security and surveillance systems, has today conditionally agreed to acquire Affini Technology Group Limited (ATGL) and thereby indirectly its wholly owned subsidiary, Affini Technology Limited. Affini is a UK based critical communications solutions provider to the transport, blue light, energy, defence and construction…
Mandarin Oriental to sell two retail units adjoining Mandarin Oriental, Paris
LONDON: Mandarin Oriental International Limited, the publicly listed parent company of Mandarin Oriental Hotel Group, has signed an option to sell its interests in two retail units adjoining the Mandarin Oriental, Paris located at 251 rue Saint-Honoré, Paris to Lavender Propco SNC, an entity controlled by Blackstone Europe LLP for €148 million. The proceeds will…
Great Southern Copper secures major mining concessions in Chile
LONDON: Great Southern Copper plc (GSCU) has announced the successful signing of a Purchase Option Agreement for the Artemisa concession group in northern Chile. This move comes after a comprehensive 90-day due diligence period and is set to bolster the company’s Especularita project area with an additional 1,665 hectares of highly prospective land. The new…
Pierre Pellerey appointed Chief Technical Officer at DG Innovate
LONDON: DG Innovate (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, is pleased to announce that ex-Tesla electric motor design engineer Pierre Pellerey has been appointed as the Company’s Chief Technical Officer (“CTO”), a non-board position. Pierre was previously appointed as a consultant to the Company,…
Good Energy Group announces further investment into Zapmap
LONDON: Good Energy Group PLC (AIM: GOOD), the renewable electricity supplier and energy services provider, has made a further £1.7 million strategic investment into Zapmap Limited through a convertible loan note. Good Energy currently holds 49.9% of the issued share capital of Zapmap. Today’s investment of a further £1.7m has been made through a secured…
Ørsted invests in battery energy storage system co-located with Hornsea 3 Offshore Wind Farm
LONDON: Ørsted has taken final investment decision on a battery energy storage system, which will provide stability to the UK energy supply and reduce price volatility. The Tesla battery energy storage system will be installed on the same site as the onshore converter station for Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, near Norwich,…
Anglo Asian Mining signs agreement for copper concentrate sale to Trafigura
LONDON: Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, announced that its subsidiary, Azerbaijan International Mining Company Limited (AIMC) has entered into a prepayment agreement totalling $5 million in respect of its sales of copper concentrate with Trafigura Pte Ltd. AIMC and Trafigura have entered into a prepayment…
Shrutisha Morris appointed Deputy CEO at DSW Capital
LONDON: DSW Capital, a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand, announced that Shrutisha Morris will join the Board as Deputy CEO on 1 August 2024. Shrutisha Morris is a highly experienced finance and business leader, with considerable experience in M&A. She spent seven years at the…
Vinanz expands Iowa bitcoin mining activities
LONDON: Vinanz Limited, the publicly listed Bitcoin mining company with US and Canadian Bitcoin mining operations, announced that the first of its Iowa based SJ19J Pro+ (120TH) are now hashing and running at a combined hashrate 2 Petahash/sec (“PH/s”). “We anticipate that these initial 20 units will gear up to around 2.5 PH/s in the…