SYDNEY, AUSTRALIA: Carbine Resources Limited (ASX: CHK | OTCQB: CHKMF), a diversified mineral exploration company, has announced that it has signed a binding term sheet to acquire 100% of the Silica Sands Project located southeast of Bunbury from Down South Silica Pty Ltd, encompassing a land package of 5,800 hectares (58km2). The Silica Sands Project…
Cohiba Minerals to acquire Canadian lithium and rare earth projects
SYDNEY, AUSTRALIA: Cohiba Minerals Limited (ASX: CHK | OTCQB: CHKMF), a diversified mineral exploration company, has announced that it has executed a binding agreement to acquire Maple Minerals 2 Pty Ltd (Maple Minerals), which holds the rights to acquire four lithium and rare earth element (REE) properties in Ontario, Canada. The Maple Minerals project portfolio…
Wellnex Life to buy Pain Away for $22 million in cash
SYDNEY, AUSTRALIA: Wellnex Life Limited (ASX:WNX), a leading consumer healthcare company, has announced that it has entered into a binding agreement to acquire the business and assets of Pain Away Australia Pty Ltd, one of Australia’s leading topical pain relief brands. Pain Away offers a range of natural and clinically proven products for muscle and…
New measures for foreign national physicians seeking to become permanent residents in Canada
TORONTO: On April 25, 2023, Immigration, Refugees and Citizenship Canada introduced measures to facilitate the issuance of permanent resident visas for foreign national physicians providing publicly-funded medical services in Canada. Under the Temporary Public Policy to Facilitate the Issuance of Permanent Resident Visas for Physicians Providing Publicly Funded Medical Services in Canada and related amendments to the Ministerial Instructions…
Figure raises $70 million to build general-purpose humanoid robots
Sunnyvale, California: Figure, a startup that wants to build general-purpose humanoid robots, has raised $70 million from investors led by Parkway Venture Capital in its first external round, the company said on Wednesday. The new funding will be used to accelerate the development and manufacturing of the company’s first autonomous humanoid, which is expected to…
Gold prices today – May 24, 2023
As of today, May 24, 2023, the price of gold is $1,846.50 per ounce. This is a decrease of 0.2% from yesterday’s price of $1,848.20 per ounce. The price of gold has been on a downward trend in recent months, due to a number of factors, including rising interest rates and a stronger US dollar….
Infosys launches Topaz, a suite of generative AI solutions
Bangalore, India: Infosys, a leading digital services and consulting firm, has launched Infosys Topaz, a comprehensive suite of AI-centric services, solutions and platforms driven by generative AI technologies. The company said that Topaz will help unlock the potential of individuals, enterprises and communities to foster innovation and attain next-gen value generation. Topaz is a suite…
What Is Business Valuation and Why Is It Important?
If you are a business owner, investor, or manager, you may have heard of the term business valuation. But what exactly does it mean and why is it important? Business valuation is the process of determining the economic value of a business or a business unit. It is a way of measuring how much a…
IWG expands network in Pakistan with three New locations
ISLAMABAD: IWG, the world’s largest provider of hybrid working solutions, has announced the opening of three new locations in Pakistan. The new locations, which are located in Islamabad, Lahore, and F7 Islamabad, will provide businesses of all sizes with access to state-of-the-art workspaces and amenities. The Islamabad location, which is located at Marina One, is…
M&A Transaction Documentation: A Step-by-Step Guide
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically,…
PSX launches new trading & surveillance system to boost market efficiency and security
Karachi, Pakistan: Pakistan Stock Exchange (PSX) has officially launched a new trading & surveillance system (NTS) that aims to upgrade and enhance its technological capacity and functionality. The NTS is a state-of-the-art, safe and highly advanced securities trading and surveillance system that has been operational in Shenzhen Stock Exchange (SZSE), China, for 20 years without…
Samsung Galaxy Watch 6 Classic leak reveals the return of a fan-favorite feature
Samsung’s upcoming smartwatch may bring back a feature that many Galaxy Watch fans have missed. A new leak suggests that the Samsung Galaxy Watch 6 Classic will have a physical rotating bezel, unlike the Galaxy Watch 5 that used a touch bezel. The leak comes from tipster OnLeaks, who shared renders of the Galaxy Watch…