SYDNEY: Vection Technologies Ltd announced its entry into the Facebook Oculus Independent Software Vendor (ISV) program and the launch of Mindesk 2020.4. Vection Technologies has joined the Facebook ISV Program through its Mindesk North America division. The Facebook Oculus for Business program was launched as part of the Oculus Connect 6 events, including an independent…
BlackEarth Minerals launches Share Purchase Plan to raise up to $1.7 million
SYDNEY: BlackEarth Minerals NL has announced a Share Purchase Plan (SPP) which will allow existing eligible holders of fully paid ordinary shares in the company to apply for up to 600,000 shares (A$30,000) at the same price ($0.05per share). BlackEarth Minerals announced on 2 October 2020 that I thad secured commitments from investors to subscribe…
S2 Resources appoints Matthew Keane as Chief Executive Officer
PERTH: S2 Resources Ltd announced that Matthew Keane will join the Company as Chief Executive Officer to fill the role recently vacated by Dr Mark Bennett. Mr Keane is a geologist with more than 20 years of experience in mining, exploration and financial markets. He has worked in various technical and operational roles including exploration,…
Fonterra agrees to sell China farms for a total of $555 million
PERTH: Fonterra Co-operative Group has agreed to sell its China farms for a total of $555 million, a news release said. Inner Mongolia Natural Dairy Co., Ltd, a subsidiary of China Youran Dairy Group Limited, has agreed to purchase Fonterra’s two farming-hubs in Ying and Yutian for $513 million. Separately, Fonterra has agreed to sell…
Pierre Raillard appointed Morocco Country Director of Chariot Oil & Gas
LONDON: Chariot Oil & Gas Limited has announced the appointment of Pierre Raillard as Morocco Country Director. Pierre brings to Chariot over 25 years’ operational and management experience in the energy industry, with specific expertise in the development of natural gas projects in Africa. Pierre has held senior positions within a number of leading energy…
Tufton Oceanic acquires two Product Tankers for $23.0m
LONDON: Tufton Oceanic Assets Limited has acquired two Product Tankers for $23.0m. These acquisitions take the Company’s fleet to eighteen vessels, a news release said. Both vessels have fixed rate time charters for three to five years to a major commodity trading and logistics company. The yield during the charters exceeds the targets expressed in…
Regional REIT acquires two properties in Swansea and Bristol for £10.2m
LONDON, UK: Regional REIT has completed the attractive acquisition of two office properties in Swansea and Bristol for a total consideration of £10.2m, with a combined net initial yield of 10.1% and a weighted average unexpired lease term (WAULT) to first break of 4.2years. Waterside Business Park, Swansea: The two-floor office asset comprises 68,535 sq….
Norman Broadbent acquires minority interest in NBIM
LONDON: Norman Broadbent – a leading London listed Professional Services firm offering a diversified portfolio of integrated Leadership Acquisition & Advisory Services, has agreed to acquire the outstanding minority interest of 25% of Norman Broadbent Interim Management Limited (NBIM) from Angela Hickmore for consideration of £135,000 to be satisfied by the payment of the initial…
DGO signs participation agreement with Oaktree Capital for future expansion
LONDON: Diversified Gas & Oil PLC (DGO) has signed a definitive participation agreement with funds managed by Oaktree Capital Management to jointly identify and fund future proved developed producing (PDP) acquisition opportunities the company identifies. Diversified Gas & Oil (DGO) continues to demonstrate its proven ability to identify prudent ways to advance its growth strategy…
Zegona Communications completes Euskaltel Board restructuring
LONDON: Zegona Communications has announced successful restructuring of the Euskaltel Board and executive team over the past year. Zegona is confident that this restructuring will result in a more effective and efficient implementation of the company’s 2020-2025 growth strategy outlined by Euskaltel senior management in March this year. Zegona recognised the potential to improve Euskaltel’s…
C4 Therapeutics prices $182 million IPO
LONDON: RTW Venture Fund Limited notes the announcement by its portfolio company C4 Therapeutics on 01 October 2020 of its pricing of a $182.4 million initial public offering (IPO) and admission to trade on Nasdaq Global Market under the ticker “CCCC”. C4T is a US‐based biotech company pioneering a new class of small molecule drugs…
TechnipFMC shuffles executive leadership
LONDON: TechnipFMC announced that Arnaud Pieton has been named President and CEO-elect, Technip Energies, effective immediately. The Company has also announced the appointment of Jonathan Landes to the role of President, Subsea. Mr. Pieton has been with the Company since 2004 and held multiple leadership positions across the Company, including Vice President, Projects. He most…