LONDON: Diversified Gas & Oil (DGOC), the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, confirms that further to the announcement made by the Company on 27 August 2019, it has completed the purchase of two separate natural gas gathering systems in Pennsylvania and…
IQ-AI receives FDA clearance to market StoneChecker software
LONDON: Imaging Biometrics, IQ-AI’s Milwaukee based subsidiary, received notification that the FDA has cleared StoneChecker Software for marketing in the USA. David Smith, Chief Executive of the operating subsidiaries of IQ-AI stated, “We are delighted that after an exhaustive review of the product, that the FDA has cleared the product for marketing in the USA.”…
ADO Properties enters agreement to sell a residential portfolio in Berlin
BERLIN: ADO Properties announced the entering into of a share purchase agreement with Gewobag Wohnungsbau Aktiengesellschaft Berlin for the sale of 100% of the shares of certain subsidiaries owning 23 properties consisting in aggregate of approximately 5,800 residential apartment units. The sale price for the shares is EUR 920 million, less approximately EUR 340 million…
Saracen to acquire Sinclair Project for A$10 million
PERTH: Saracen Mineral Holdings has entered into a binding agreement which will see it acquire the Sinclair project from Talisman Mining for A$10 million. Sinclair is located 25 km south-west of Saracen’s Thunderbox project in the world-class Agnew-Wiluna greenstone belt. Sinclair includes a 207sqkm tenement package covering more than 80km of prospective ultramafic host rocks….
Contractor appointed for maiden drill program at Wild Horse Hill gold project
SYDNEY: Caprice Resources Limited has appointed drilling contractor to conduct the Company’s maiden drilling campaign across the Cook Prospect on the Company’s Wild Horse Hill Project in the Northern Territory. This initial drilling program will test the Cook Prospect with 10 RC drill holes, each drilled to a maximum depth of 150m, with scope for…
Calix accelerates US market entry with acquisition of IER
SYDNEY, AUSTRALIA: Multi-award-winning Australian technology company Calix Limited has entered into a binding agreement to acquire 100% of US-based Inland Environmental Resources (IER) and successfully completed a placement of $12 million to cover both the cost of the acquisition and additional capital for accelerating US market expansion. Calix has entered into a binding agreement to…
Springfield Properties enters into partnership with Sigma to deliver private rented homes
LONDON: Springfield Properties, a leading house builder in Scotland delivering private and affordable housing, has entered into a Collaboration Agreement with Sigma PRS Management Ltd, to deliver private rented homes in Scotland. This represents Springfield’s first partnership for the private rented sector (PRS) and is targeting the release of hundreds of homes over the coming…
Unite disposes of two assets for £100 million to USAF
LONDON: The Unite Group, one of the UK’s leading owners, developers and managers of student accommodation, announced the disposal of two assets for £100 million to the Unite UK Student Accommodation Fund (USAF), representing a net initial yield of 5.5%. The assets are located in Birmingham and Newcastle and comprise a total of 1,155 beds….
Mercia announces significant contract for OXGENE
LONDON: Mercia Asset Management, the proactive, regionally focused specialist asset manager, confirmed that its portfolio company OXGENE, formally known as Oxford Genetics, has augmented its relationship with one of the world’s leading global life science companies, Abcam plc. This expanded agreement, which follows an earlier deal announced in August 2018, will see OXGENE deliver at…
Equals Group signs agreement with Mastercard
LONDON: Equals Group PLC, the e-banking and international payments group, has entered into a new 5-year agreement with Mastercard. Under the deal, Mastercard will provide assistance to Equals to grow its various card-based businesses through improved economic terms based on transaction volumes and also assist in the process of Equals becoming an issuer of all…
Samruk Kazyna announces intention to sell GDRs
NUR-SULTAN, KAZAKHSTAN: Joint-Stock Company Samruk-Kazyna has, announced its intention to sell approximately 6.5 million global depositary receipts (GDRs) representing interests in ordinary shares of the Company. The Placing Securities represent approximately 2.5% of the Company’s issued share capital. The Placing Securities are being offered by way of an accelerated book-build through the London Stock Exchange…
Bank of Georgia launches a digital solution for MSME sales and operations
LONDON: Bank of Georgia Group announces the launch of Optimo – a digital solution for customers to run their business sales and operations. The Optimo platform is designed to address the needs of micro, small and medium sized enterprises in optimising their day-to-day operations and better managing their businesses in general. Optimo’s cutting-edge digital solution,…