VANCOUVER: Delayed due to a minor weather related issue, the 2021 winter drill program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada, has commenced. Azincourt Energy Corp. currently controls a 70% interest in the 25,000+ hectare East Preston project as part of a joint venture agreement with Skyharbour Resources…
Golar LNG Partners LP unitholders approve merger
OSLO: Unit holders of Golar LNG Partners LP (GMLP) voted on and approved the Agreement and Plan of Merger among GMLP, Golar GP LLC, New Fortress Energy Inc. (NFE), Lobos Acquisition LLC and NFE International Holdings Limited. Pursuant to the Merger Agreement NFE has agreed to acquire all of the outstanding common units and general…
Cyviz partners Microsoft to deliver solutions to Microsoft Technology Centers worldwide
OSLO: Microsoft Corporation has selected Cyviz to jointly design, develop and deliver next-generation visual collaboration solutions for Microsoft Technology Centers (MTCs) worldwide, a news release said. The Microsoft Technology Centers (MTCs) are collaborative environments that provide access to innovative technologies and world-class expertise, enabling Microsoft customers and partners to envision, design, and experience products. Microsoft…
David Kornberg named President and CEO of maurices
DULUTH: David Kornberg has been named President and Chief Executive Officer of maurices effective March 15, 2021. maurices announced that long time CEO George Goldfarb will transition to Chairman Emeritus, and serve on the maurices Board of Directors. “Though George’s shoes will be hard to fill, we are confident that David is the right successor….
Figure Acquisition Corp. I raises $287.5 million through initial public offering
SAN FRANCISCO: Figure Acquisition Corp. I closed its initial public offering of 28.75 million units, which included the full exercise of the underwriters’ over-allotment option, a news release said. The offering was priced at $10 per unit, generating total gross proceeds of $287.5 million. Each unit consists of one share of Class A common stock…
Emmanuel Lakios appointed President & CEO of CVD Equipment Corporation
CENTRAL ISLIP: CVD Equipment Corporation, a leading manufacturer of chemical vapor deposition systems and materials, has announced the appointment of Emmanuel Lakios to President & CEO. “Emmanuel Lakios has more than 30 years’ experience in the industry, and we believe he will lead our company to profitability, sustainability and growth” non-executive Chairman of the Board,…
Atos completes acquisition of cybersecurity services company Motiv
PARIS: Atos has completed the acquisition of Motiv ICT Security, the largest independent Managed Security Services (MSS) provider in the Netherlands, a news release said. This move reinforces Atos’s position as the 3rd worldwide Managed Security Services provider1 by strengthening the Group’s local capabilities and bringing its recent investment in the Managed Detection and Response…
Anglo Pacific Group announces $205m Voisey’s Bay Cobalt Stream acquisition
LONDON: Anglo Pacific Group has agreed to acquire a holding company that, in turn, holds a 70% net interest in a stream on cobalt production from the Voisey’s Bay mine in Canada from private equity sellers for cash consideration of US$205 million at closing and further contingent consideration of up to US$27 million. This is…
IDEX Biometrics ADSs to be Listed on Nasdaq as of 1 March
OSLO: IDEX Biometrics ASA announced that the Company will list American Depositary Shares (ADSs) each representing 75 ordinary shares of the Company on the Nasdaq Capital Market. Nasdaq has approved the ADSs for listing, and they are expected to begin trading under the symbol “IDBA” on 1 March 2021, subject to approval by the U.S….
Greencoat UK Wind buys remaining 50% interest in Braes of Doune
LONDON: Greencoat UK Wind PLC has acquired the remaining 50% interest in Braes of Doune wind farm from Funds managed by the infrastructure team of the international business of Federated Hermes for a consideration of £48.1 million. Braes of Doune is located in Stirlingshire, Scotland and comprises 36 Vestas V80 2MW turbines, with a total…
Reckitt Benckiser announced proposed sale of Scholl to Yellow Wood Partners
SLOUGH, UK: Reckitt Benckiser Group (RB) announced a transaction for the sale of Scholl to Yellow Wood Partners. The proposed Sale is a step forward in RB’s plan to bring greater focus to its portfolio, a news release said. Scholl is a leading global footcare brand that produces a wide range of skin care products,…
Reckitt Benckiser acquires Biofreeze brand from Performance Health
SLOUGH, UK: Reckitt Benckiser Group (RB) has entered into a definitive agreement to acquire the Biofreeze brand from Performance Health, a company owned by Madison Dearborn Partners. In the US, Biofreeze is the number one clinically recommended topical pain relief brand, and has delivered robust double-digit sales growth. The acquisition represents a unique and exciting…