VANCOUVER, BC: Mkango Resources Ltd. announced that Mkango and Grupa Azoty Zakłady Azotowe “Pulawy” S.A. have agreed to work together towards development of a rare earth separation plant in Poland. A new Polish wholly owned subsidiary of Mkango, Mkango Polska, has been established and a highly experienced Country Director for Poland, Dr Jarosław Pączek, has…
Windar Photonics to develop drone based emission detection system
LONDON, UK: Windar Photonics plc has entered into a new four year development project focused on developing a drone based emission detection system. The project, which brings together five private companies and the Technical University of Denmark (DTU), has a total budget of Euro 2.2 million and is backed by a public grant of Euro…
Schroder European REIT acquires French logistics asset for €6.15 million
LONDON, UK: Schroder European Real Estate Investment Trust has exchanged contracts to purchase a freehold logistics property in Nantes, western France, for €6.15 million, reflecting a net initial yield of 5.5%. The 8,663 sqm warehouse is fully let to Hachette Livre, a subsidiary of the leading French media group Lagardère, with an unexpired lease term…
Venture Life Group has acquired BBI Healthcare Limited for £36 million
LONDON, UK: Venture Life Group has acquired BBI Healthcare Limited, a global market leading Women’s Health and Energy Management/Diabetes company, for a total consideration of up to £36.0 million, a news release said. The acquisition of BBIH, which is expected to be immediately earnings enhancing, is from BBI Diagnostics Group Limited, a company ultimately majority…
ldox plc acquires Aligned Assets Holdco Limited for upto £10.5 million
LONDON, UK: ldox plc has acquired Aligned Assets Holdco Limited, a UK based public sector software business, a news release said. Initial cash consideration is £7.5m, increasing to a total maximum of £10.5m, comprising earn-out amounts of up to £1.5m payable in cash and £1.5m payable in equity over two years. The size of earn-out…
PGS ASA deploys two vessels to expand coverage offshore Canada
OSLO, NORWAY: PGS seismic vessel Ramform Titan has begun acquisition of the Cape Anguille program, in partnership with TGS. This program expands the PGS-TGS joint venture with another 10,000 square kilometers of GeoStreamer 3D coverage in Newfoundland’s prospective Orphan Basin. The survey covers existing lease blocks and open acreage. Acquisition is expected to complete mid-September…
CI Resources Limited to acquire 50% stake in Swiss-based Kemoil SA for A$7.9 million
SYDNEY, AUSTRALIA: CI Resources Limited (CIRL) subsidiary PRL Global has entered into a Share Purchase Agreement (SPA) with Singapore-based Mekatrade Asia to acquire a 50% stake in Swiss-based Kemoil SA for a commitment totalling approximately AU$7.9 million. Based in Geneva, Switzerland, Kemoil operates a supply chain logistics business, enabling the efficient flow of commodities –…
JCurve Solutions acquires Philippines based Creative Quest
SYDNEY, AUSTRALIA: JCurve Solutions Limited (ASX: JCS) has completed the acquisition of the business assets of Creative Quest Events and Marketing Services, a Philippines registered company. Established in 2013, Creative Quest is a full-service digital marketing agency providing a broad range of marketing services specializing in the acceleration of online and offline marketing efforts from…
Bahrain Bourse joins BAB’s campaign against fraud targeting financial services
MANAMA, BAHRAIBN: Bahrain Bourse has joined the national campaign against fraud launched by Bahrain Association of Banks (BAB). During the campaign, awareness messages under the hashtag (#Be_Alert) will be communicated through diverse digital channels directed at all segments of financial services users in the Kingdom of Bahrain to help combat fraudulent activities and curb its…
Walmart and the Elton John AIDS Foundation to change course of HIV in the United States
BENTONVILLE: Walmart and the Elton John AIDS Foundation are joining forces to change the course of HIV in the United States with the launch of “Breakthrough.” This new initiative aims to accelerate the end of AIDS in America by increasing access, education and awareness to safe, convenient HIV testing and services in the southern United States….
K-Electric announces launch of K-solar, a renewable energy company
KARACHI, PAKISTAN: K-Electric Limited (KE) has announced the launch of K-Solar, a renewable energy company that will enable the shift towards a greener and cleaner energy future. K-Solar is the solar power solutions subsidiary of K-Electric, a privately owned and vertically integrated power utility that has been the sole power supplier to Karachi and its…
Nornickel has resumed ore mining at Taimyrsky mine
MOSCOW: MMC Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announced that on June 1 the company began to gradually restart ore mining at the Taimyrsky underground mine and plans to advance mine’s operations to full capacity in the near future. Currently, the…