VANCOUVER: Norsemont Mining Inc. announced the appointment of Charles Ross to its Board of Directors. Mr. Ross has more than 25 years’ experience in the international resource sector, much of which is focused on senior project and financial management. He has served as a director, president, and chief financial officer of numerous public resource companies…
Kontrol Energy launches enterprise energy management software solution for OEMs
TORONTO: Kontrol Energy Corp. has developed a new enterprise solution for its energy management software platform. Kontrol will provide Original Equipment Manufacturers (OEMs) a white label solution which can be packaged with OEM energy efficiency products at the point of sale. “Based on ongoing discussions with our customers and a growing market opportunity, we are…
SGX and CITIC Securities seal agreement to collaborate across FICC, REITs and capital raising
SINGAPORE: Singapore Exchange Limited (SGX) and CITIC Securities Company Limited (CITIC Securities) have signed a wide-ranging strategic cooperation agreement to collaborate across multiple areas, including fixed income, currencies and commodities (FICC), real estate investment trusts (REITs), as well as equity, debt capital markets and more. The agreement was sealed at a virtual signing ceremony attended…
Agreement between BBVA and Allianz to develop non-life insurance business in Spain
MADRID: Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has reached an agreement with Allianz Compañía de Seguros y Reaseguros, S.A. in order to create a bancassurance partnership, for the purpose of developing the non-life insurance business in Spain, excluding the health insurance line. The Transaction will be implemented through the creation by BBVA Seguros, S.A., de…
Diageo launches and prices three-tranche $2.5 billion fixed rate USD denominated bonds
LONDON: Diageo Plc, a global leader in beverage alcohol, has launched and priced a $2.5 billion SEC-registered bond offering, consisting of $750 million 1.375% fixed rate notes due 2025; $1 billion 2.000% fixed rate notes due 2030; and $750 million 2.125% fixed rate notes due 2032. The issuer of the bonds is Diageo Capital plc,…
Zenith Energy all set to establish a commercial PPE manufacturing enterprise
LONDON: Zenith Energy Ltd., an oil & gas production company focused on African development opportunities, announced that it is in advanced discussions to establish a commercial PPE manufacturing enterprise, specifically protective face masks, in the United Kingdom to combat the COVID-19 pandemic. Rationale Zenith recognises the unprecedented challenges posed by the COVID-19 pandemic to populations…
Senior plc announces contract extension with MTU Aero Engines
LONDON: Senior plc, an international manufacturer of high technology components and systems, announced that its Aerospace Division secured a contract extension with MTU Aero Engines for the supply of Pratt & Whitney Geared Turbofan engines airfoils. This is a dual source arrangement from Senior Aerospace Thailand and Senior Aerospace Weston, UK which provides optimum risk…
Ironridge resumes drilling at Zaranou Gold Project
LONDON: IronRidge Resources Limited, the African focussed minerals exploration company, reported the commencement of a second phase drill programme at the Zaranou Gold Project in Côte d’Ivoire. The license borders with Ghana and is along strike from significant operating gold mines including Chirano (5Moz), Bibiani (5.5Moz) and Ahafo (17Moz). Commenting on the Company’s latest progress,…
PSI Software Group books Euro 96mn worth of order in first quarter of 2020
BERLIN: Despite the emerging Corona crisis, the PSI Software Group, with 96 million euros in the first quarter of 2020 (March 31, 2019: 97 million euros), almost reached the record new orders of the same quarter of the previous year. The order book volume on March 31, 2020 was, at 187 million euros, 2% above…
Norwegian Air Shuttle plans public equity offering of up to NOK 400 million
FORNEBU, Norway: Norwegian Air Shuttle ASA has announced the details of the restructuring plan and its intention to launch a public equity offering of up to NOK 400 million Reference is made to the stock exchange announcements from Norwegian Air Shuttle ASA dated 14 April 2020, relating to bondholder meetings to be held on 30…
Everbright Water Secures Ji’nan Zhangqiu Waste Water Treatment (Plant 4) PPP Project in Shandong Province
SINGAPORE: China Everbright Water Limited, an environmental protection company focusing on water environment management, has signed a PPP (Public-Private Partnership) project agreement with the Urban-Rural Water Bureau of Zhangqiu District of Ji’nan City to secure Ji’nan Zhangqiu Waste Water Treatment (Plant 4) PPP Project. The project commands an estimated investment of approximately RMB213 million. Pursuant…
Prisma bags management consulting contract for cryptocurrency payment gateway project
SINGAPORE: Forise International Limited, through its subsidiary Prisma Technologies Pte Ltd, has secured a contract to provide management consulting services to enhance the security of a payment gateway owned and operated by Denmark-based cryptocurrency trading firm Capverto. Over two phases spanning 26 weeks and 22 weeks respectively, Prisma Technologies will advise Chennai-based Trident Solutions FZE,…