VANCOUVER: The Very Good Food Company Inc. (VGF) announced the successful completion of its first day trading as a public company. Mitchell Scott CEO said: “We were very pleased to see investors welcome our company to the public markets with open arms. After months of preparation for our public listing, we can all breathe a…
TraceSafe announces $10mn brokered private placement led by Canaccord Genuity
TORTOLA: TraceSafe Inc. has entered into an agreement with Canaccord Genuity Corp. to act as lead agent and sole bookrunner to sell, by way of private placement on a commercially reasonable efforts basis, up to 10 million units of the company at a price of $1.0/unit for gross proceeds of up to $10 million. Each…
Flow Metals completes Canadian Securities Exchange listing
VANCOUVER: Flow Metals Corp. has satisfied the listing requirements of the Canadian Securities Exchange and its common shares are being listed with commencement of trading effective June 22, 2020, under the symbol “FWM”. The Company has 20,266,315 shares issued and outstanding. The Company’s listing statement has been filed on SEDAR, and on the CSE website….
AM Best affirms credit ratings of Solen Versicherungen and Noble Assurance Company
LONDON: American rating agency AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Switzerland based Solen Versicherungen AG (SVAG) and Texas based Noble Assurance Company with stable outlook. The ratings reflect SVAG’s balance sheet strength, which AM Best categorises as very strong, as well…
AM Best revises issuer credit rating outlook to negative for Navigators International Insurance Company
LONDON: AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICR of “a+” of UK based Navigators International Insurance Company Ltd. (NIIC) with a stable outlook. These Credit Ratings reflect NIIC’s balance sheet strength,…
Primewest announces acquisition of manager of Vital Harvest Trust, strategic co-investment
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…