PERTH: Primewest Group acquired a 100% interest in GoFARM Asset Management Pty Ltd for $10 million. GoFARM is the manager of ASX listed, Vitalharvest Freehold Trust (VTH). Primewest has separately acquired an 11.8% strategic interest in VTH. Primewest has also acquired a right of first refusal over a further 6.2% interest in VTH, subject to…
Li-S Energy makes $1.73mn investment in Zeta Energy
PERTH: PPK Group Limited announced that Li-S Energy has agreed to make an investment of USD $1.73 million into Zeta Energy LLC, a U.S. based battery technology company. Zeta holds leading technology focused on the commercialisation of energy packs using Graphene Carbon Nanotubes and Lithium Sulphur. This technology addresses some future battery market initiatives in…
Global expansion continues as Sienna enters Greek market with hTERT IVD
MELBOURNE: Sienna Cancer Diagnostics Ltd, a medical technology, announced the appointment of Aenorasis S.A as its exclusive distributor in Greece and Cyprus. The distribution agreement provides Aenorasis with the right to sell Sienna’s hTERT IVD to pathology laboratories where it will be used to assist in the diagnosis of bladder cancer. Aenorasis is a Greek…
Visa launches ‘WYSM’ initiative in partnership with Daraz
KARACHI: Visa, the world’s leader in digital payments, has launched their ‘Where You Shop Matters’ (WYSM) initiative in Pakistan with Alibaba’s Daraz, the country’s leading online marketplace. The small-and-medium enterprises (SME) sector, which accounts for 40% of Pakistan’s GDP, has been hardest hit by the COVID-19 pandemic due to the slump in commercial and trade…
Electronic Arts reveals three new EA originals games
REDWOOD CITY: Electronic Arts Inc. has revealed three new EA Originals games, and confirmed a new partnership with Final Strike Games. Hazelight Studios’ It Takes Two, Zoink’s Lost in Random and Final Strike Games’ Rocket Arena will be published under the EA Originals Label, which was established to work with the best, boldest and most…
Regency’s Flexible Grid Solutions acquire battery storage developer
LONDON, UK: Regency Mines Plc, the natural resource exploration and development company with interests in battery metals and flexible grid solutions, purchased 50% interest in Weirs Drove Development Ltd (WDD), a developer of energy storage and solar projects in the United Kingdom with an initial site in Cambridgeshire. Scott Kaintz, CEO, commented: “We continue to…
James Stewart CBE appointed Non-executive Chairman of Versarien plc
LONDON: Versarien plc, the advanced materials engineering group, announced that James Stewart CBE has been appointed as the Company’s Non-executive Chairman with immediate effect. Mr Stewart is currently Managing Partner of Menlo Partners LLP, an investment and advisory company with a particular focus on technology companies operating in the UK and China. Prior to founding…
Rio Tinto announces details of board-led heritage process review
LONDON: Rio Tinto has launched a board-led review of its heritage management processes within Iron Ore following the events at Juukan Gorge, with a focus on recommending improvements to the effectiveness of its internal processes and governance. The review will be conducted by Michael L’Estrange AO, an independent non-executive director of Rio Tinto, and will…
Avation Plc announces transition of aircraft leases and sales
SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has entered into commercial arrangements in respect of five aircraft that were on lease to Virgin Australia, which entered administration on 21 April. Avation has entered into agreements to lease two of the former Virgin Australia ATR 72-500s to another commercial airline in Australia, until the…
Body and Mind collaborates to bring Her Highness brand to Nevada
VANCOUVER: Body and Mind Inc., a multi-state cannabis operator, has finalized a production licensing agreement with Her Highness, a growing cannabis brand aimed to introduce and educate women, both the curious and experienced consumers, on the benefits of incorporating cannabis into her lifestyle with a dynamic suite of premium products. “Advancing this opportunity with Her…
Plymouth Rock Technologies to deploy first commercially available 5G drone
PLYMOUTH: Plymouth Rock Technologies Inc., a leader in the development of cuttingedge threat detection technologies, announced that its X1 platform will begin initial production with integrated 5G command and control modules as standard. In many tests, cellular networks have proven to be capable of serving drones in the low-altitude airspace, a perfect fit since drones…
BevCanna signs definitive agreement to acquire Exceler Holdings
VANCOUVER: Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc., has entered into a definitive share exchange agreement with Exceler Holdings Ltd, an arm’s length private British Columbia corporation. The agreement with Exceler will provide BevCanna with access to Exceler’s significant number of distribution points across Europe and Asia as BevCanna launches its CBD beverage…