LONDON: Pan African announced that it’s American Depository Receipt (ADR) programme has been upgraded and approved to trade on the OTCQX Best Market (“OTCQX Market”) in the United States of America (US), with effect from 23 October 2020. Pan African’s CEO, Cobus Loots said: “We are pleased to be admitted to the OTCQX Market, which…
Aminex Plc transfers 50% interest in Ruvuma PSA to ARA Petroleum Tanzania
LONDON: Aminex Plc, through its wholly owned subsidiary, Ndovu Resources Limited, has transferred a 50% interest in, and operatorship of, the Ruvuma PSA to ARA Petroleum Tanzania Limited (APT). As previously announced, over the past c.12 months, the Company has borrowed US$3 million and US$2 millionfrom ARA Petroleum LLC (ARA), which has now been repaid…
Greencoat Renewables acquires 11.5MW An Cnoc Wind Farm
DUBLIN: Greencoat Renewables PLC, the Irish renewable infrastructure company invested in euro-denominated assets, announced the acquisition of An Cnoc Wind Farm, as well as the closing of a new €200 million Term Loan. An Cnoc Wind Farm is located in County Tipperary, Ireland. The wind farm consists of 5 Enercon E70 turbines that have been…
CLS Holdings announces sale of Bismarckallee 18-20, Freiburg for €22.5 million
LONDONL: CLS Holdings has unconditionally exchanged contracts to sell Bismarckallee 18-20 in Freiburg for €22.5 million excluding costs, with completion expected in December 2020. Bismarckalee 18-20 was acquired by CLS in 2013 and consists of 7,500 sqm (80,729 sq. ft) of office and retail space over nine floors. The building is 85% let to Volksbank…
Sensyne Health signs research collaboration agreement with Bristol Myers Squibb
OXFORD: Sensyne Health plc, the UK Clinical AI company, has signed a research collaboration agreement with Bristol Myers Squibb (BMS). Initially the collaboration will focus on applying Sensyne’s proprietary machine learning to conduct research into disease progression and patient stratification for patients with various diseases within the broader group of Myeloproliferative Neoplasms (MPNs). MPNs comprise…
Family Zone announces $20 million capital raising, $2 million share purchase plan offer.
SYDNEY: Family Zone Cyber Safety Ltd has announced $20 million capital raising and the launch of a $2 million share purchase plan offer. Family Zone Cyber Safety Ltd has received binding commitments to raise $20 million before costs through a placement of 45.454 million new fully paid ordinary shares at an issue price of $0.44…
Williamsburg Winery in Virginia put on sale for $40 million
WILLIAMSBURG: The Williamsburg Winery Ltd. is available for sale at a price of $40 million through Virginia Estates, the foremost vineyard and winery brokerage on the East Coast. “This represents a once in a multi-generational opportunity to acquire an iconic, well-established, internationally acclaimed hospitality business with strong brand recognition,” said Rick Walden of Virginia Estates,…
U.S. FDA approves Gilead’s antiviral Veklury (remdesivir) for treatment of COVID-19
FOSTER CITY: Gilead Sciences, Inc. today announced that the U.S. Food and Drug Administration (FDA) has approved the antiviral drug Veklury (remdesivir) for the treatment of patients with COVID-19 requiring hospitalization. As an antiviral drug, Veklury works to stop replication of SARS-CoV-2, the virus that causes COVID-19. Previously authorized by the FDA for emergency use…
SoftOx closer to a possible breakthrough in the fight against COVID-19
OSLO: The SoftOx Inhalation Project aims to develop an inhalation solution for the treatment of respiratory infections. This has the potential to be a breakthrough in the treatment of respiratory infections including Covid-19 infections. The Danish Medicines Agency has given its recommendation for further development of the SoftOx inhalation solution for the treatment of respiratory…
Crypto-asset broker, Voyager Digital merges with LGO in France
NEW YORK: Voyager Digital Ltd., a licensed crypto-asset broker, has merged its European operations into LGO, SAS, an AMF regulated entity in France. Voyager will obtain direct control of the regulated entity, which will allow the Company to expedite its European strategy. “Voyager’s partnership with LGO provides an exciting platform for Voyager to expand into…
SHUAA Capital successfully prices $150 million bond issuance
DUBAI: SHUAA Capital, the leading asset management and investment banking platform in the region, announces that it has successfully priced a USD 150 million bond issuance. The bond priced with a coupon of 7.5% will be the first high yield issuance in MENA since the onset of the COVID-19 pandemic in March 2020. The bond…
Tekkorp Digital Acquisition Corp. announces pricing of $250 million initial public offering
LAS VEGAS: Tekkorp Digital Acquisition Corp. announced the pricing of its initial public offering of 25 million units at a price of $10 per unit. The units will be listed on The Nasdaq Capital Marketand will begin trading tomorrow, Thursday, October 22, 2020, under the ticker symbol “TEKKU”. Each unit consists of one Class A…