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…
Allan Ritchie appointed Chief Executive Officer of Adavale Resources
SYDNEY, AUSTRALIA: Adavale Resources Limited has appointed a Chief Executive Officer to work with the Board and progress the development of the Company’s assets. Mr Allan Ritchie has accepted the role as Chief Executive Officer which takes effect immediately. Allan graduated from the University of Technology, Sydney with a Bachelor of Business and has a…
Fremont Petroleum on track to complete Trey acquisition by next week
SYDNEY: Fremont Petroleum Corporation Ltd announced that it expects to complete the Purchase and Sale Agreement (PSA) of the portfolio of producing oil and gas leases located in the Illinois Basin from Indiana-based Trey Exploration Inc. in the next week using existing cash reserves. This transaction was first reported on 18 June 2020. As previously…
Panoply Holdings acquires Difrent Ltd for £8.8 million
LONDON: The Panoply Holdings PLC, the technology-enabled services group focused on digital transformation, announced the acquisition of the entire issued share capital of Difrent Ltd., a digital transformation consultancy focused on the Healthcare sector. Newcastle-upon-Tyne-based Difrent uses a partnership approach to help its clients to achieve their digital transformation goals. The company’s proposition includes strategic…
K-Electric Board appoints Shan A. Ashary as new Chairman
KARACHI: Abraaj Group’s K-Electric Limited has announced the appointment of Shan A. Ashary as its new Chairman of the Board effective 7 September 2020. Mr. Ashary, who has been on the Board of Directors of the Company since 2005 and represents the KES Power stake in KE, is the longest-serving member of the board. As…
Graham Blackwell appointed interim CEO of Ten Entertainment Group
LONDON: Ten Entertainment Group has announced appointment, with immediate effect, of Graham Blackwell, initially as Interim Chief Executive Officer. Graham is currently the Group’s Chief Operating Officer. He has over 30 years’ experience within this industry and has served on the Ten Entertainment Board since the IPO in 2017. His unique experience and outstanding execution…
Zenith Energy signs conditional agreement to acquire Sidi El Kilani from CNPC
LONDON: Zenith Energy Netherlands B.V. has signed a conditional sale and purchase agreement with CNPC International (Tunisia) Ltd., a 100% subsidiary of CNPCI, CNPC International Ltd., for the acquisition of a working interest inthe North Kairouan permit and the Sidi El Kilani Concession, which contains the Sidi El Kilani oilfield (SLK). The consideration payable by…
ayfie Group AS acquires Haive AS
OSLO: ayfie Group AS, a provider of search and text analytics solutions, has entered into a share purchase agreement for the acquisition of all shares in Haive AS, thereby strengthening ayfie’s position in the Nordic market. Haive, based in Oslo, is developing site search and knowledge discovery solutions targeted at Norwegian public and private entities….
Hong Lai Huat Group enters MoU with Denmark based SKIOLD on an intended $1bn collaboration
SINGAPORE: Hong Lai Huat Group Limited has entered into a non-binding Memorandum of Understanding (MoU) with Denmark based SKIOLD on an intended collaboration for a proposed Cambodia-Singapore Agriculture Special Economic Zone with an estimated investment value of USD 1 billion. The signing of the MoU was witnessed by The Ambassador of Denmark to Singapore H.E….
BevCanna to acquire natural health and wellness e-commerce retailer, Pure Therapy
VANCOUVER: BevCanna Enterprises Inc. entered into a share exchange agreement to acquire natural health product company Naturally Pure Therapy Products Corp., a news release said. Pursuant to the Agreement, BevCanna has agreed to issue 30 million common shares in the capital of the Company to the shareholders of Pure Therapy in exchange for all the…
Parkmead awarded offshore blocks in the UK 32nd Licensing Round
LONDON: Parkmead Group Plc, the independent energy group, announced it has been offered four offshore blocks and part blocks spanning three new licences in the UK 32nd Licensing Round awards. The first of these provisional licence awards covers Blocks 14/20g & 15/16g (Parkmead 50% and operator) situated in the Central North Sea, adjacent to Parkmead’s…