CANBERRA: Electro Optic Systems Holdings Limited (EOS), acting through its wholly-owned US subsidiary EOS Defense Systems USA, has executed an agreement to acquire all of the business and assets of Audacy Corporation, a space communications company based in the US. EOS Defense Systems (EOSDS) will outlay approximately AU$10 million in cash for the acquisition including…
Australian Family Lawyers expands to Canberra
SYDNEY: The Board of AF Legal Group Ltd will enter the Australian Capital Territory (ACT) with the opening of a new office in Q3 FY2020. The office will be led by the highly respected leading family law practitioner Courtney Mullen. Ms Mullen was recommended in Doyles Guide as a Leading Family & Divorce Lawyer for…
MGC Pharma signs agreement for entry of cannabinoid medicines into new markets
PERTH: MGC Pharmaceuticals Ltd has signed a distribution agreement with Anden Bio Naturals S.A, a leading Peruvian medical products distributor, for the exclusive distribution and commercialisation of MGC Pharma phytocannabinoid-derived medicines in Peru and Bolivia for a term of five years. The Agreement helps to solidify MGC Pharma’s footprint in Latin America, following the execution…
Fiji Kava signs MoU to explore Chinese ecommerce and Diagou marketplace opportunities
BRISBANE: Fiji Kava Ltd, Australian-Fijian medicinal kava health and wellness company, signed a Memorandum of Understanding (MOU) with Zorgen Health and Brand Asia Management to explore future opportunities to access Chinese consumers via Cross Border eCommerce and Daigou market places. The MOU reflects a key development for Fiji Kava as it seeks to establish distribution…
Resolute Mining agrees to acquire Toro Gold Royalty
LONDON: Resolute Mining Limited has agreed to terms with Taurus Funds Management Pty Limited for the acquisition of the 1.1% royalty held by entities associated with Taurus over gold production from the Mako Gold Mine in Senegal. The termination value of the royalty has been agreed at US$12 million with consideration to be paid in…
ECSC Group wins industry excellence award
LONDON: ECSC Group, the provider of cyber security services, has received an Award for Excellence at Payment Card Industry (PCI) London 2020, the region’s best-known gathering of payment risk and security professionals. The annual awards recognise the outstanding work across the payment card industry, reflecting demonstrable best-in-class abilities. This will be the fourth year in…
Directa Plus gets EU grant to develop eco-friendly G+ printing technology
LONDON, UK: Directa Plus has received a grant for a project to develop an environmentally sustainable technology to digitally print its G+ graphene product on fabrics. The GREEN.TEX project partners are Directa Plus, EFI Reggiani, the Italian subsidiary of global digital printing group Electronics For Imaging, Inc. (EFI), and IBS Consulting Group. The project will…
Bluejay Mining awarded a new mineral exploration licence
LONDON: Bluejay Mining plc, a Greenland focused company, has been awarded a new mineral exploration licence surrounding the Company’s existing Kangerluarsuk zinc-lead-silver Project in central west Greenland. The Company intends to commence a maiden drill programme at the Project later this year, representing the first drill testing ever conducted at Kangerluarsuk, alongside additional exploration activity…
Cabot Square Alternatives seeks to raise £200mn through an IPO on LSE
LONDON: Cabot Square Alternatives PLC has expressed intention to seek admission to the premium listing category of the Official List and to trading on the Main Market of the London Stock Exchange (LSE) through an initial public offering (IPO). As part of the IPO, the Company is seeking to raise £200 million, by way of…
R&Q acquires Vigneron Insurance Company (VICI), to be merged with ICDC
LONDON: Randall & Quilter Inv Hldgs Ltd (R&Q) has acquired the Montana captive insurer, Vigneron Insurance Company, Inc. (VICI), from a wholly owned private investment holding company with diverse holdings in a variety of industries, real estate, marketable securities and other investments. VICI underwrote deductible reimbursement policies to cover the obligations under insurance policies taken…
TP Group gets £1.7million contract for Rugged Military Servers
LONDON: TP Group has been awarded a contract worth approximately £1.7million by its German partner, Roda Computer GmbH, for the provision of a suite of bespoke military rugged computer servers and display units. The systems will be used for deployed military applications by a European defence force. The equipment will be produced by the TP…
Halma Plc acquires NovaBone and FireMate Software
LONDON: Halma Plc, a global group of life-saving technology companies, has announced acquisitions of NovaBone Products, LLC and FireMate Software Pty. Ltd. for its Medical and Infrastructure Safety sectors, respectively. Halma acquired NovaBone Products, LLC, a designer and manufacturer of US FDA-approved synthetic bone graft products, based in Florida, USA. NovaBone’s products are used to…