VANCOUVER: Augusta Gold Inc. announced a fully subscribed non-brokered private placement raising approximately C$15 million, which will be used to advance exploration efforts at its highly prospective wholly-owned Bullfrog Gold project located in Nevada, USA, and for general and working capital purposes. Pursuant to the Private Placement, Augusta will offer 6.7 million units at a…
Avanceon Limited – Corporate Briefing Takeaways
Avanceon Limited held an analyst briefing today to discuss its business and future outlook. The briefing was led by the CEO Mr. Bakhtiar Wain. Takeaways: · AVN posted earnings at PKR 746mn during 9MCY20 with EPS clocking in at PKR 3.52, up 58% YoY. PAT during the quarter settled at PKR 318mn (PKR 1.50/share), compared…
Amreli Steels Limited – Corporate Briefing Takeaways
The Management of Amreli Steels Limited held a Corporate Briefing Session on 10th Feb’21 to discuss the financial result and future outlook. Takeaways · ASTL posted a profit of PKR 312mn (EPS: PKR 1.05) in 2QFY21, against a loss in SPLY and depicting a jump of 2.8x QoQ. · Primary reason behind the growth remained a 21% jump…
NEXT Biometrics receives order for 20,000 sensors for payment devices in India
OSLO: NEXT Biometrics has received a purchase order from Pagaria Group of 20,000 sensors. In addition, the estimated volume for 2021 has been increased. NEXT recently signed a Letter of Intent with Pagaria group in India (announced on January 26) and has now received a follow up order of 20,000 sensors. The initial forecasted demand…
Zwipe expands Asia-Pacific and European footprints
OSLO: Biometric fintech company Zwipe is pleased to announced that over the recent months it has finalized four new partnerships with prominent card manufacturers in Asia-Pacific and Europe. The combined annual card shipment from these new customers is in excess of 1 billion, of which payment cards constitute more than 150 million. The new card…
Seritage Growth Properties appoints Andrea Olshan as CEO and President
NEW YORK: Seritage Growth Properties announced that Andrea Olshan has been appointed Chief Executive Officer and President of the Company and will join the Company’s Board of Trustees, each effective as of a mutually agreeable date on or before March 16, 2021. Ms. Olshan is currently the Chief Executive Officer of Olshan Properties, a private…
Ladder Capital appoints Paul Miceli as Chief Financial Officer
NEW YORK: Ladder Capital Corp announced the appointment of Paul J. Miceli as Chief Financial Officer, effective March 1, 2021. Miceli, Ladder’s Director of Finance, will succeed Marc Fox, who has announced his intention to leave the Company. Mr. Fox will stay on through May 7, 2021, to ensure an orderly transition. Mr. Miceli joined…
JLT Mobile Computers forms software development subsidiary
VÄXJÖ: JLT Mobile Computers announced the launch of JLT Software Solutions, a wholly owned subsidiary dedicated to software development, and the appointment of Andreas Nivard as General Manager of the new venture. Over the next few years, JLT aims to grow the complementary software business by recruiting a strong development team with solid software expertise….
Arribatec acquires four software companies from Spanish based Grupo Hodei
OSLO: A subsidiary of Arribatec Solutions ASA has entered into an agreement to acquire four software companies from Grupo Hodei, providing among others innovative cloud-based solutions within treasury and banking, in addition to a strong market position in Spain and Latin-America, a news release said. Total transaction price is EUR 900.000 in cash and 16…
Save Asmervik appointed CEO of Webstep ASA
OSLO: Webstep ASA announced that Save Asmervik has been appointed Chief Executive Officer of the Company. Mr Asmervik assumes his new position at 15 February 2021. Liv Annike Kverneland, who has served as Interim CEO, continues as CFO. “The Board would like to thank Liv Annike Kverneland for ensuring continuity in this interim period. At…
Argo Blockchain plans 200mw mining facility in Texas, USA
LONDON: Argo Blockchain, the leading cryptocurrency miner based in UK, has entered into a non-binding Letter of Intent (LOI) with DPN LLC of New York, setting out the terms for Argo to acquire 320 acres of land in West Texas, USA, with access of up to 800-megawatts of electrical power where Argo intends to build…
Zenith Energy notifies successful completion of IPU in Congo
LONDON: Zenith Energy Ltd. has received formal confirmation regarding the successful completion of the Inquiry of Public Utility (Enquête d’Utilité Publique) (IPU), following an in-depth technical and financial review, performed by the Ministry of Hydrocarbons of the Republic of the Congo during the month of January 2021. As announced on December 23, 2020, the Company…