LONDON: In a significant move towards the development of its Southern North Sea (SNS) Licence, Orcadian Energy (AIM: ORCA) has announced a non-binding Heads of Agreement with a prospective farm-in partner. This preliminary agreement, revealed on May 7, 2024, grants the partner a period of commercial exclusivity and outlines the terms for a potential collaboration…
Hardide plc appoints Matt Hamblin as new CEO
LONDON: Hardide plc, the provider of advanced surface treatment solutions, has appointed Matthew (Matt) Hamblin, currently a non-executive director of the Company, as its new permanent CEO, effective from 3 June 2024. Steve Paul, who is currently serving as interim CEO, will continue to work closely alongside Matt in a sales and business development capacity….
Sondrel announces John Chubb as Chief Executive Officer Designate
LONDON: Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading global technology brands, announced the intended appointment of John Chubb as Chief Executive Officer Designate. John Chubb is currently serving as Senior Responsible Officer (SRO) Core Delivery at Defence Equipment & Support (DE&S) within the UK Ministry of Defence, responsible for delivering this…
Admiral Acquisition Limited signs deal to acquire ASP Acuren Holdings for $1.85 billion
LONDON, UK: Admiral Acquisition Limited (LSE: ADMR) has entered into a definitive agreement with ASP Acuren Investco LP, an affiliate of funds managed by American Securities LLC, to acquire 100% of ASP Acuren Holdings Inc., the ultimate parent company of Acuren, a leading North American provider of critical asset integrity services, from American Securities, in…
Innovative home financing solution launched in Oregon
AUSTIN, Texas: Theory Mortgage, renowned for its rapid closing times in Oregon, has teamed up with Calque, a pioneer in facilitating buy-before-you-sell programs, to introduce a novel home financing option, The Trade-In Mortgage™, to the Oregon market. This strategic alliance arrives at a critical juncture for homebuyers who are navigating a fiercely competitive market alongside…
Tokens.com to change TSX-V ticker symbol to XBOT
Tokens.com Corp. (TSX-V: COIN), (OTCQB US: XBOTF), a technology company focused on building AI-integrated humanoid robots, will be changing its TSX Venture Exchange ticker symbol to XBOT, effective pre-market open on May 24, 2024. The Company had previously announced a change to its OTCQB ticker to XBOTF, which became effective May 17, 2024. The Company’s…
ARway.ai acquires Map Dynamics
TORONTO: ARway.ai, known for its AI-powered AR experience platform, has announced the strategic acquisition of Map Dynamics (MapD), a leading event technology company. The deal, which involves an exchange of 4 million ARway shares valued at over $1 million, is set to significantly enhance ARway’s position in the AR and mapping technology markets. Map Dynamics,…
Dalrada Financial Corporation’s subsidiary Genefic Inc acquires IV Services LLC
SAN DIEGO: Dalrada Financial Corporation (OTCQB: DFCO) announced that its wholly-owned healthcare subsidiary, Genefic Inc., had acquired IV Services LLC, a recognized pharmaceutical business and infusion management leader. The acquisition of IV Services expands Genefic’s existing pharmacy sales and operational footprint. Furthermore, the acquisition will also increase Genefic’s top line revenue through new product offerings…
Unico Silver Limited has acquired Sierra Blanca S.A.
SYDNEY, AUSTRALIA: Austral Gold Limited, a well-established gold producer listed on multiple stock exchanges, has announced a major transaction involving its Argentine subsidiary. The deal, orchestrated by Austral Gold Argentina S.A. (AGASA) and New Dimension Guernsey Limited, an affiliate of Capella Minerals Limited, will see the complete transfer of their shares in Sierra Blanca S.A….
Drone Delivery Canada and Volatus Aerospace Corp. announce merger of equals
TORONTO: Drone Delivery Canada Corp. and Volatus Aerospace Corp. have announced a definitive business combination agreement, marking a significant merger of equals. The new entity will operate under the name Volatus Aerospace Corp. and is set to continue trading on the TSX Venture Exchange under the ticker “FLT”, pending regulatory approval. The merger, unanimously approved…
Cochlear acquires Demant’s cochlear implant business
SYDNEY, AUSTRALIA: Cochlear Limited, a global leader in implantable hearing solutions, today announced the completion of its acquisition of the Oticon Medical cochlear implant business from Demant, with all required conditionality satisfied. Following Demant’s decision to discontinue its efforts in hearing implants, Cochlear has acquired Demant’s cochlear implant business for a zero headline purchase price….
EFG Hermes acquires stakes in Danish fintech Kenzi Wealth
CAIRO: EFG Hermes, the premier investment bank in the MENA region and a subsidiary of EFG Holding, has announced the acquisition of a minority stake in the Danish digital wealth management firm, Kenzi Wealth. This strategic investment is set to transform the landscape of personalized, digital investment solutions. EFG Hermes has also signed a memorandum…