SANDNES, NORWAY: Horisont Energi has selected Saipem S.p.A. and Technip Energies B.V. for two independent concept studies for the full conceptual design of the Barents Blue carbon-neutral ammonia plant in Hammerfest, northern Norway. The studies will be key for future decisions to realize the Barents Blue project. “By engaging Saipem and Technip Energies, two leading…
Eastinco Mining and Exploration forms new joint venture for critical metals in Southern Rwanda
LONDON, UK: Eastinco Mining and Exploration PLC (EME) has agreed terms and formally signed a new Joint Venture Agreement with a Rwandan entity to explore and develop mineral opportunities over an area covering 2,750 hectares in southern Rwanda Rwandan entity holds a license for the exploration and development of tantalum, niobium, tin and tungsten metal…
PDS Biotechnology Corporation commences public offering of shares at Nasdaq
LONDON, UK: NetScientific plc announced that its portfolio company, PDS Biotechnology Corporation (Nasdaq: PDSB) commenced an underwritten public offering of shares of its common stock. PDS Biotechnology Corporation, a clinical-stage immunotherapy company developing novel cancer therapies based on the Company’s proprietary Versamune T-cell activating technology, has commenced an underwritten public offering of shares of its…
Tremor International Ltd. launches initial public offering on Nasdaq
TEL AVIV, ISRAEL: Tremor International Ltd. has commenced an initial public offering on the Nasdaq Global Market of 6,768,953 American Depositary Shares (ADSs), representing an aggregate of 13,537,906 ordinary shares. Each ADS represents two ordinary shares of Tremor. The last closing price of Tremor’s ordinary shares on the AIM market of the London Stock Exchange…
Access Intelligence to acquire media intelligence and analysis firm, Isentia for AUD35.6 million
LONDON, UK: Access Intelligence will acquire the entire issued and to be issued ordinary share capital of media intelligence and analysis firm, Isentia for an equity valuation of approximately AUD $35.6 million (£19.4m), valuing each Isentia share at AUD$0.175 (£0.095). As the acquisition will see the Company acquire the Isentia Group, the Acquisition also means…
HeiQ Plc acquires Life Material Technologies Limited for an upfront $6.45 million
LONDON, UK: HeiQ Plc has acquired 100% of the share capital and voting rights of Life Material Technologies Limited, Hong Kong for an upfront consideration of $6.45 million, a news release said. Of total consideration $2.55 million is payable in cash and US$3.9 million to be satisfied through the issue of new ordinary shares by…
Harvest Technology Group to acquire Silicon Valley-based SnapSupport for $2.59 million
SYDNEY, AUSTRALIA: Harvest Technology Group (ASX: HTG) has executed a formal Stock Purchase Agreement (SPA) for the acquisition of Silicon Valley-based software-as-a-service (SaaS) company, SnapSupport Inc for $2.59 million to be paid in HTG shares. The SPA follows the entry by Harvest and SnapSupport into a binding term sheet in respect of the acquisition, and…
WT Financial Group to acquire Sentry Group for $7 million
SYDNEY, AUSTRALIA: WT Financial Group Limited (WTL) has entered into a share purchase agreement (SPA) to acquire all of the issued capital of Sentry Group Pty Limited for an initial purchase price of $7 million. This will be provided to the Sentry selling shareholders as to 50% in cash and 50% in the form of…
Norsk Solar to build North Macedonia’s largest solar power plant
STAVANGER, NORWAY: Norsk Solar AS has signed a joint development agreement to build a solar power plant in North Macedonia, paving way for a new sustainable business model in the country and an increased project pipeline for Norsk Solar AS in the region. “We have been actively working in the Balkan-region for years, and now…
VCL Vintners forecast CAGR of over 5.0 percent in whisky sales through to 2023
LONDON, UK: VCL Vintners has reported unprecedented demand from Asian investors as the boom in spirits continues to match growth in disposable incomes. VCL Vintners is London’s destination brokerage for investment in fine Scotch whisky casks. The appetite for whisky in Singapore in particular has been rapidly growing, as was documented by a report in…
SBB sells its shares in Entra ASA to Castellum for NOK 3.139 billion
OSLO, NORWAY: Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) has divested 14.947 million shares in Entra ASA at a price of NOK 210 per share to Castellum, corresponding to NOK 3.14 billion. The sale represents approximately 10% return during the time of the holding, corresponding to an annual return of 20%. SBB has also decided to…
Online grocery startup GrocerApp raises $5.2 million in Series A funding
KARACHI, PAKISTAN: Online grocery delivery platform, GrocerApp, has raised $5.2 million in a Series-A round from leading institutional and angel investors. The round was led by Hayaat Global, with participation from Millville Opportunities Fund New York, MENA based Wamda Capital, Jabbar internet group & Nama Ventures, China based Haitou Global, and Pakistan-based LeanBricks and Walled…