Click Here Blackstone Minerals Limited (ASX:BSX) share price Blackstone Minerals Limited (ASX: BSX / OTCQB: BLSTF / FRA: B9S) is developing the district scale Ta Khoa Project in northern Vietnam where the company has a maiden resource and scoping study for the large-scale Ban Phuc Nickel-PGE deposit. The Ta Khoa Nickel-Copper-PGE Project has existing modern…
Blackstone to spinout non-core gold assets into new IPO, Codrus Minerals
SYDNEY: Blackstone Minerals Limited has decided to spin out certain non-core gold assets into a new Initial Public Offering (IPO), Codrus Minerals Limited, a news release said. It is intended that Codrus will undertake an IPO and seek a listing on the Australian Securities Exchange (ASX). The Company currently plans to spin out its Record…
Norwegian Air Shuttle presents plan for reconstruction, exit Irish examinership
OSLO: The Board of Directors of Norwegian Air Shuttle ASA announced an indicative plan and set of actions that creates a framework that will potentially enable the Company to exit its Irish examinership and Norwegian Reconstruction processes during the first quarter of 2021. Core to the Plan is that Norwegian will henceforth focus on its…
Merger between Vestjysk Bank A/S and Den Jyske Sparekasse A/S approved
COPENHAGEN: Today, the Danish Financial Supervisory Authority approved the merger between Vestjysk Bank A/S and Den Jyske Sparekasse A/S. Moreover, the merger was adopted at the general meetings of both banks, and the Danish Competition and Consumer Authority has also approved the merger. Hence, all conditions of the merger are met. The merger will now…
Total and Apache Corporation announce significant oil and gas discovery off the coast of Suriname
PARIS: Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi. The well was drilled by a water depth of about 725 meters and encountered a total of…
Axxis Geo Solutions contemplates financial restructuring, equity offering
LYSAKER: Axxis Geo Solutions ASA refers to the Company’s press release and latest quarterly report as of November 30, 2020, in which the Company states that it will have to address its debt situation and improve its balance sheet through a capital restructuring. Axxis Geo Solutions has over some time been in active dialogue with…
StrongPoint announces strategic reorganisation of Spanish operations and global cash management business
OSLO: StrongPoint today announced the strategic reorganisation of its management team in Spain and its global cash management business. The aim is to further accelerate StrongPoint’s position in providing grocery e-commerce solutions in Spain and to pursue global opportunities in the cash management sector. In light of the growing demand for grocery retail technology solutions,…
BW Kudu increases working interest in the Kudu license offshore Namibia to 95%
OSLO: BW Kudu Limited, a wholly owned subsidiary of BW Energy Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW Kudu’s working interest in the Kudu license offshore Namibia from 56% to 95% in line with previously disclosed intentions. NAMCOR will retain the remaining…
Golar LNG and Stonepeak to sell Hygo Energy to New Fortress at an enterprise value of $3.1bn
LONDON: Golar LNG Limited announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transition Ltd. to New Fortress Energy Inc. Hygo, a gas to power and downstream LNG distribution company,…
Nasdaq launches new risk platform for the sell-side and broker clearing industries
NEW YORK: Nasdaq (NDAQ) unveiled the enhanced Nasdaq Risk Platform, a real-time single point of access risk platform for sell-side and clearing broker communities. The cloud-based risk platform provides visibility of initial margin, counterparty risk controls and improved risk-adjusted outcomes across asset classes. The Nasdaq Risk Platform has an open and flexible risk aggregation framework…
Golar LNG signs agreement to merge into New Fortress Energy
OSLO: Golar LNG Partners LP (GMLP) has entered into an agreement and plan of merger with New Fortress Energy Inc., a news release said. Under the merger agreement, NFE has agreed to acquire all of the outstanding common units and general partner units of GMLP for $3.55 per unit in cash for a total purchase…
MYTILINEOS and INWASTE to construct treatment plant for hazardous waste in Greece
ATHENS: MYTILINEOS S.A. announced the signing of an agreement through its subsidiary ZEOLOGIC S.A., with INWASTE S.A., for the design, supply and construction of an innovative treatment plant for Hazardous and Non-Hazardous Solid Waste and Sludge in Greece. The investment, which has already received the necessary environmental permits, will be carried out in Northern Greece…