LONDON: EKF Diagnostics Holdings (AIM: EKF), the AIM-listed global diagnostics business, announces the appointment of Gavin Jones as Chief Executive Officer and to the EKF Board, with immediate effect. Gavin previously served as Chief Product Officer at EKF and has extensive industry experience in Analytical Chemistry and Diagnostics. Julian Baines will remain as Executive Chair for the foreseeable…
Ithaca Energy to acquire JAPEX UK E&P for $193 million
LONDON: Ithaca Energy, a leading UK independent production and growth company, has signed a sale and purchase agreement to acquire the entire issued share capital of JAPEX UK E&P Limited (JUK) from Japan Petroleum Exploration Co. for an enterprise value of US$193 million based on an effective date of 1 January 2024. JUK holds a 15%…
Meridian Energy to begin construction on $227m solar farm in New Zealand
WELLINGTON: Meridian Energy has announced plans to begin construction on its first New Zealand solar farm this August, with the $227 million Ruakākā Solar Farm set to boost the nation’s energy system and resilience in the Northland region. The 130-megawatt solar farm, located south of Whangārei, will feature 250,000 solar panels spread across an area…
NewPeak Metals appoints Mark Purcell as new CEO
SYDNEY: NewPeak Metals Ltd (ASX: NPM) announced Monday the appointment of Mark Purcell as its new Chief Executive Officer. Effective immediately, Purcell will spearhead the company’s strategic shift to focus on producing vanadium, a key resource for the burgeoning Vanadium Flow Battery (VFB) industry. Current CEO David Mason, who played a pivotal role in initiating…
Powerhouse Ventures invests Australia’s space infrastructure firm
FORTITUDE VALLEY: Powerhouse Ventures Limited (ASX: PVL) announced a $500,000 investment in Southern Launch Pty Ltd, Australia’s premier spaceport and test range operator, as part of a heavily oversubscribed private funding round. The investment will be transferred into Powerhouse’s newly established Critical Infrastructure Opportunities Fund. Southern Launch operates two key facilities in South Australia: the Whalers Way…
Zenith Minerals to sell stake in Turkish Gold Project
PERTH: Zenith Minerals Limited (ASX: ZNC) announced Tuesday it has agreed to sell its remaining 20% stake in the Kavaklitepe Gold Project in Turkey for approximately $830,000 (US$543,000) as part of a strategic shift to focus on its Australian gold and lithium projects. The non-binding agreement with Turkish mining company Gübretas Maden is expected to be finalized…
Altech Batteries secures €2.5 million funding
PERTH: Altech Batteries Limited (ASX: ATC) announced Monday it has reached an agreement with major shareholder Deutsche Balaton AG to secure up to €2.5 million ($2.7 million) in funding through interest-bearing bearer bonds. The move aims to advance the company’s CERENERGY® sodium chloride solid-state battery and Silumina Anodes™ projects without diluting shareholder value. The funding, structured as…
Leeuwin Metals prepares for maiden drilling at Marda Gold Project
SUBIAKO: Leeuwin Metals Ltd. (ASX: LMI) announced it is set to begin its first drilling program at the Marda Gold Project in Western Australia’s Eastern Goldfields after completing its acquisition of the site. Shareholders approved the deal on March 17, clearing the way for field work to start this week. The company plans to drill 10,000 meters…
5th Planet Games forms partnership with Glomerk SA in Poland
COPENHAGEN: 5th Planet Games today announced a new partnership with Glomerk SA based in Poland; the agreement will see Glomerk provide a distribution capability covering Poland, Czech Republic, Slovakia and Hungary. 5th Planet Games also announces an extension to the agreement with Nordisk A/S, which will see Nordisk extend its partnership to include distribution across…
CMB.TECH signs landmark agreement for nine ammonia-powered vessels
ANTWERP: CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) announced Monday it has entered into an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) and MOL CHEMICAL TANKERS PTE. LTD. (MOLCT) for the construction of nine ammonia-powered vessels. These ships, which include some of the world’s first ammonia-powered Newcastlemax bulk carriers and chemical tankers, are expected to be…
Conygar Investment sells Anglesey assets to Stena Line Ports for £6.6 million
LONDON: The Conygar Investment Company has announced the sale of its development land at Holyhead Waterfront and Parc Cybi, located in Anglesey, Wales, to Stena Line Ports Limited. The transaction, which includes an adjoining seabed at Holyhead, is set to be completed on March 28, 2025. The sale will generate net proceeds of £6.6 million after costs,…
Argo Blockchain Names Justin Nolan as CEO
LONDON: Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) announced Monday the appointment of Justin Nolan as chief executive officer and director, effective March 22, 2025. Nolan, formerly CEO of Arkon Energy, brings extensive experience in the digital infrastructure and cryptocurrency mining sectors. He previously served as Argo’s chief growth officer, where he spearheaded the development of the…