LONDON: Highland Gold Mining Limited has entered into an agreement for the sale of the Kayenmivaam (Kayen) licence for cash consideration of US$15 million plus a royalty. Kayen is an early-stage gold exploration property covering 1,214 square kilometres in the Chukotka region of Russia. Highland Gold received the licence as an add-on to the Valunisty…
FCA confirms support for customers struggling to pay their mortgage due to coronavirus
LONDON: The Financial Conduct Authority (FCA) has confirmed the support firms should give to mortgage customers who are either coming to the end of a payment holiday or who are yet to request one. The FCA is also reminding customers that if they can afford to resume payments, they should. For customers still experiencing temporary…
Water Intelligence announce reacquisition of San Jose franchise
LONDON: Water Intelligence plc has announced the reacquisition of its San Jose, California franchise within the Group’s American Leak Detection subsidiary (ALD). Water Intelligence is a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water. San Jose is the second significant reacquisition that the Group has executed…
DMSL wins large retailer contract with Carluccio’s
LONDON: Toople PLC, a provider of bespoke telecom and IT services in the UK, announced that its recently acquired subsidiary company Direct Market Services Limited (DMSL) has won a major new contract with Carluccio’s, the leading hospitality and restaurant brand. The contract is an additional win for DMSL, who already provide to several businesses across…
Al Salam Bank launches its virtual branch to expand banking channels
DUBAI, UAE: In line with the digitization strategy, Al Salam Bank-Bahrain, the pioneering Shari’a-compliant Bank in the Kingdom, has announced the launch of its virtual branch. The virtual branch provides customers with safer, faster and more convenient banking services in light of the unprecedented circumstances caused by the COVID-19 pandemic. Complementing the Bank’s other digital…
Mota Ventures announces $5 million non-brokered unit share offering
VANCOUVER: Mota Ventures Corp. announced that it will offer up to 11.111 million units at a price of $0.45/each, by way of non-brokered private placement, for gross proceeds of up to $5.0 million. Each Unit will consist of one common share of the Company, and one common share purchase warrant exercisable to acquire an additional…
GlobeX Data launches social media influencers affiliate program for cybersecurity and data privacy solutions
TORONTO: GlobeX Data Ltd. has launched a new Social Media Influencers Affiliate Program (SMIAP) in order to spread the awareness of GlobeX’s cybersecurity and data privacy secure solutions. GlobeX Data Ltd. is the leader in Swiss hosted cyber security and internet privacy solutions for secure data management and secure communications. The SMIAP campaign consists of…
PacRoots announces industrial CBD Hemp joint venture with BC Co.
VANCOUVER: Pac Roots Cannabis Corp. announced the execution of a binding letter of intent to form Rock Creek Farms, a proposed 100 acre commercial hemp operation, slated for production this spring in Rock Creek, British Columbia. On May 29, 2020, PacRoots entered into a binding letter of intent with a private British Columbia company (BC…
Chemesis International announces exclusive partnership with ViaTouch Media for VICKI
VANCOUVER: Chemesis International Inc. announced its exclusive partnership with Via-Touch Media for its VICKI IoT (Internet of Things) self-checkout solution for retail. Chemesis has exclusive rights across North America for VICKI machines containing cannabis products, and will announce its initial roll-out plan in the coming weeks. VICKI allows Chemesis’ to enter the unattended retail channel,…
Microsoft ensures secure collaboration for digital learning in Pakistan
ISLAMABAD: “Today, as more and more people across the globe, including Pakistan are required to stay home due to government lockdown interventions, we are seeing a massive shift towards remote learning. This has meant the growth in the usage of collaborative tools such as Microsoft’s Teams to create virtual classrooms wherein educators can communicate with…
Bombardier concludes sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries
MONTREAL: Bombardier confirmed the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI related to credit and residual value guarantees and lease subsidies amounting to approximately $200 million. Through…
EnergyPro raising £2m of equity funding to spur growth in UK and India
LONDON: EnergyPro Asset Management Limited is raising £2m of equity funding to advance its growth strategy of bridging the energy transitions in the UK and India through technology transfer and investment. EnergyPro Asset Management, a UK company focused on accelerating the energy transition through improved energy efficiency, is to raise £2m of growth funding to…