SYDNEY, AUSTRALIA: Lithium Energy Limited (ASX: LEL), a prominent player in the industry, has officially announced the sale of its 90% stake in the Solaroz Lithium Brine Project located in Argentina. The deal, valued at a substantial US$63 million (approximately A$97 million), was made with CNGR Netherlands New Energy Technology B.V. (CNNET), a subsidiary of…
APM Human Services to be acquired by Madison Dearborn Partners
SYDNEY, AUSTRALIA: APM Human Services International Limited (ASX: APM), a leading provider of employment services, has announced the signing of a Scheme Implementation Deed with Ancora BidCo Pty Ltd, an entity under the control of private equity firm Madison Dearborn Partners, LLC. This agreement sets the stage for the acquisition of all issued share capital…
Keras Resources plc hits milestone with Delta Plant commissioning
LONDON: Keras Resources plc has announced the successful commencement of dry commissioning at its Delta processing facility. The initial phase, known as C1, marks a significant milestone for the company’s wholly-owned subsidiary, Falcon Isle Resources Corp. This phase includes the energisation of motors and confirmation that all installed items meet design requirements. The transition from…
Springfield Properties enters Strategic Collaboration with Barratt for Durieshill
LONDON: Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, has entered into a strategic collaboration agreement with BDW Trading Limited (Barratt), the principal operating subsidiary of Barratt Developments PLC, for the development of the Group’s Durieshill site, creating a new village near Stirling. With planning in…
Marlowe plc divests GRC software and services assets for £430 million
LONDON, UK: Marlowe plc, the leader in business-critical services, announced completion of the sale of certain Governance, Risk & Compliance (GRC) software and services assets for an Enterprise Value of £430 million and, as a result, confirms the timetable for the £150 million special dividend set out by the Group on 22 May 2024. The…
Power Metal Resources secures £2 million investment, eyes uranium joint venture
LONDON: Power Metal Resources PLC (AIM:POW) has announced a substantial investment agreement with ACAM LP. The deal involves a £2 million investment through a loan note arrangement, accompanied by warrants, marking a strategic step forward for Power Metal’s global uranium ambitions. The legally binding subscription agreement with ACAM LP includes the issuance of loan notes…
Hunting PLC receives $86 million OCTG order from KOC
LONDON: Hunting PLC (LSE:HTG), the global engineering group, has secured a second OCTG order with KOC, through distributor in Kuwait, with an order value totalling $86 million. The OCTG casing and connections related to this order are similar to those announced on 15 May 2024. This second order continues to strengthen Hunting’s relationship with KOC…
M.P. Evans Group acquires 5% in Indonesian planted hectarage
LONDON, UK: M.P. Evans Group PLC, a producer of sustainable Indonesian palm oil, has completed the purchase of the 5% minority holding in the majority (70% by Group-owned planted hectarage) of its Indonesian subsidiary trading companies. The acquisition has been made by the Group’s wholly owned subsidiary, P.T. Evans Indonesia, and encompasses the 5% shareholdings…
TPFG acquires The Guild of Property Professionals and Fine & Country
LONDON, UK: The Property Franchise Group PLC (AIM: TPFG), the UK’s largest multi-brand property franchisor, announced the acquisition of the entire issued share capital of both GPEA Limited and associated companies, trading as The Guild of Property Professionals (The Guild) and as Fine & Country, for a total consideration of approximately £20 million. The consideration…
Mark Perrins appointed Group Chief Executive Officer of Strip Tinning Holdings
LONDON, UK: Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connection systems to the automotive sector, announced that, further to the announcement on 30 April 2024, Mark Perrins has been appointed Group Chief Executive Officer (“CEO”) and joins the board of directors of the Company effective immediately. Mark Perrins has served as…
Mosman Oil and Gas acquires 10% working interest in a helium project in USA
LONDON: Mosman Oil and Gas Limited (AIM: MSMN) the hydrocarbon, helium and hydrogen exploration, development, and production company, has acquired a 10% working interest (WI) in a helium project in Las Animas County, Colorado, USA (the “Vecta Helium Project”) from Vecta Oil and Gas Ltd, a private company that has explored, drilled and produces helium…
Regal Partners acquires Merricks Capital for A$235 million
SYDNEY, AUSTRALIA: Regal Partners Limited (ASX:RPL) has entered into a share sale deed to acquire 100% of the issued share capital of JRJJ Capital Pty Ltd (the head entity of the business trading as “Merricks Capital”. Merricks Capital, founded in 2007 by current Executive Chairman and Chief Investment Officer (“CIO”) Adrian Redlich, is a hard…