LONDON: Mode Global Holdings, the UK-based Fintech Group, has announced intention to undertake an Initial Public Offering (IPO) and the expected publication by Mode of its Prospectus, which has been submitted for approval to the FCA. The Group is applying to be admitted to the standard listing segment of the Official List of the FCA…

Thor Mining completes acquisition of US uranium and vanadium project
LONDON: Directors of Thor Mining Plc announced completion of the acquisition of American Vanadium Pty Ltd (AVU), including its subsidiaries and uranium and vanadium projects. AVU holds interests in uranium and vanadium focussed projects in Colorado and Utah in the United States of America. The Company announced on 1 June 2020 an option agreement to…

GCAC announces commercial launch of its medical cannabis data acquisition platform
VANCOUVER: Global Cannabis Applications Corp. (GCAC), a leading commercial licensor of proprietary Data and AI technologies to the medical cannabis industry, announced the closing of its months-long integration, and its exclusive licensing agreement, with TraceLocker, thereby marking the final step in the commercial launch of the $5.92 million Citizen Green medical cannabis efficacy and data…

Thoughtful Brands launches European expansion in joint venture with Franchise Cannabis
VANCOUVER: Thoughtful Brands Inc. announced the formation of its joint venture with Franchise Cannabis Corp. to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom. The parties’ will share equal ownership in the joint venture. Franchise will manage procurement and fulfillment of customer orders from…

Kontrol Energy engages sagecomm to market BioCloud
TORONTO: Kontrol Energy Corp. announced that sagecomm, a leading marketing communications firm, has been engaged to share the BioCloud story across the country. “Following the completion of several important development milestones we feel the time is appropriate to share our story and our technology development to a larger audience through the media,” says Paul Ghezzi,…

CapitaLand Mall Trust secures its first sustainability-linked loan of S$200 million from UOB
SINGAPORE: CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust (CMT), and United Overseas Bank Limited (UOB) announced that UOB has converted a S$200 million revolving credit facility extended to CMT into a sustainability-linked loan. This is CMT’s first sustainability-linked loan, of which proceeds will be used for general corporate purposes. UOB…

COVID-19 taking its toll on Canada’s economy and insurance industry
OLDWICK: Canada’s property/casualty insurance industry thus far has fared better than their life counterparts amid the volatile economic and market dynamics created by the COVID-19 pandemic, according to a AM Best report. In its Best’s Market Segment Report, titled, “COVID-19 Taking Its Toll on Canada’s Economy and Insurance Industry,” AM Best states that the country’s…

Alliance Healthcare signs business collaboration agreement with DBS Bank
SINGAPORE: Alliance Healthcare Group Limited’s wholly-owned subsidiary, Alliance Healthcare Pte. Ltd. has signed an agreement with DBS Bank Ltd pursuant to which Alliance and DBS shall collaborate for an initial term of two years to engage in joint marketing activities to promote each other’s products, services and/or platforms. The Board of Alliance Healthcare Group believes…

Moody’s affirms Frasers Centrepoint’s Baa2 rating; changes outlook to stable
SINGAPORE: Moody’s Investors Service has affirmed Frasers Centrepoint Trust’s (FCT) Baa2 issuer rating. At the same time, Moody’s has changed the outlook on the rating to stable from negative. The rating action follows FCT’s announcement on 3 September that it will (1) acquire the balance 63.1% stake in Asia Retail Fund Limited (ARF); (2) raise…

Emirates resumes flights to Bangkok
DUBAI: Emirates has resumed passenger services to Bangkok with daily flights. The resumption of flights to Bangkok has expanded Emirates’ current network to 78 cities, offering travellers in Europe, the Middle East, Africa and Asia Pacific convenient connections via Dubai to the popular Thai destination. Flights between Dubai and Bangkok are operated with an Emirates…

Tempus Resources signs exploration agreement with Bridge River Indian Band (Xwísten)
PERTH: Tempus Resources Ltd announced the signing of a key exploration agreement with the Bridge River Indian Band (Xwísten) in relation to the Elizabeth Gold Project, located the heart of Xwísten’s traditional territory in southwestern British Columbia, Canada. The agreement pertains to Tempus’s exploration activities which may include, without limitation, the following activities within the…

Dotz to supply ‘Secured by Dotz’ authentication solution for face masks in USA and Canadian markets
SYDNEY: Dotz Nano Limited has entered into a landmark three-year purchase agreement with Breathe Medical Manufacturing Ltd, anew specialist Canadian manufacturer of high-quality surgical face masks and personal protective equipment (PPE). Under the agreement, Dotz will supply its ‘Secured by Dotz’ authentication solution for face masks in the USA and Canadian markets, and enable the…