TORONTO: Cypherpunk Holdings Inc. has closed an oversubscribed, non-brokered private placement offering through the issuance of 19.867 million units at a price of C$0.15 per Unit for gross proceeds of C$2.98 million. Each Unit is comprised of one common share in the capital of the Company and one half of one whole Common Share purchase…
Arcus ASA Group CEO Kenneth Hamnes has resigned
OSLO: Kenneth Hamnes has resigned from his position as Group CEO of Arcus ASA. His last day of work will be January 31, 2021 in line with the agreement made with the Arcus’ Board of Directors. Sigmund Toth, Arcus’ CFO and CFO designate for Anora Group PLC, has been appointed interim Group CEO from February…
Endúr ASA winding down loss-making offshore prefabrication workshop
OSLO: The board of directors of Endúr Industrier AS, a subsidiary of marine infrastructure group Endúr ASA, has today notified Stavanger district court about its decision to initiate bankruptcy petition for the company. Endúr Industrier AS delivers’ fabrication services to the offshore oil and gas industry. The company has been loss-making over a longer period…
Christopher Blandford-Newson appointed CEO of Bayport Management Limited
STOCKHOLM: The Board of Bayport Management Ltd (BML) notified that Christopher Blandford-Newson has been appointed as the new Chief Executive Officer of the Company, effective January 2021. Christopher has served as an independent non-executive director on the Board since June 2019. The Board of BML wishes to thank Grant Kurland and Stuart Stone for their…
Aega appoints Ingebrikt Bjørkhaug as CFO
OSLO: Aega ASA has appointed Ingebrikt Bjørkhaug as the company’s chief financial officer (CFO). “Given the extensive growth last year and future plans for Aega, it is the right time to strengthen the company’s administration. Bringing Mr. Bjørkhaug onboard will allow me to allocate even more time to value-creating business development work,” says Nils P….
5th Planet Games appoints Caspar Rose as new CEO
COPENHAGEN: 5th Planet Games A/S has appointed Caspar Rose as new CEO, a news release said. In order to strengthen 5th Planet Games external communication and to provide new managerial momentum, it has been decided to appoint Chairman of the Board, Caspar Rose as new CEO of 5th Planet Games, as of 1st February 2021….
Catrin Fransson resigns as CEO for Swedish Export Credit Corporation
STOCKHOLM: Catrin Fransson has informed the Board of her intention to resign as CEO at Swedish Export Credit Corporation. She has a six month notice period, and will continue working in her present position until further notice. Swedish Export Credit Corporation is a state-owned company that finances the Swedish export industry and creates employment and…
AstraZeneca’s Imfinzi approved in the European Union and the UK
LONDON: AstraZeneca‘s Imfinzi (durvalumab) has been approved in the European Union and the UK for an additional dosing option, a 1,500mg fixed dose every four weeks, in locally advanced, unresectable non-small cell lung cancer (NSCLC) in adults whose tumours express PD-L1 on at least 1% of tumour cells and whose disease has not progressed following…
TRIG acquires interest in Beatrice offshore wind farm in UK
LONDON: The Renewables Infrastructure Group Limited (TRIG) has exchanged contracts to acquire an equity interest of 17.5% in Beatrice offshore wind farm from Copenhagen Infrastructure Partners (CIP), a news release said. Beatrice is a 588 MW offshore wind farm developed by SSE plc using Siemens turbines, has an established track record since operations commenced in…
The Renewables Infrastructure Group (TRIG)
The Renewables Infrastructure Group (TRIG) is a leading London-listed renewable energy infrastructure investment company. The Company seeks to provide shareholders with an attractive long-term, income-based return with a positive correlation to inflation by focusing on strong cash generation across a diversified portfolio of predominantly operating projects. TRIG is targeting an aggregate dividend of 6.76 pence…
Gama Aviation acquires Jet East Aviation Corporation for $8.7 million
LONDON: Gama Aviation Plc announced the strategic acquisition of Jet East Aviation Corporation LLC from East Coast Aviation LLC, which will significantly expand its existing US aircraft maintenance operations. Jet East is a full-service business aviation aircraft maintenance provider with approximately 200 employees. It supplies a range of maintenance services at high traffic business aviation…
Enonkoski Project JV agreed and commencement of exploration programme with Rio Tinto
LONDON: Bluejay Mining plc has been notified by Rio Tinto Mining and Exploration that the remaining conditions have now been satisfied for the commencement of the Enonkoski Project joint-venture and earn-in agreement, announced 10 November 2020. The Company received Rio Tinto’s notification of satisfaction for the joint-venture and earn-in agreement on 8 January 2021. Additionally,…