OSLO, NORWAY: Panoro Energy ASA announced that the Hibiscus South well (DHBSM-1) has made a commercial oil discovery on the Dussafu Marin Permit offshore Gabon (Panoro Energy 17.5 percent working interest). Hibiscus South is located approximately five kilometres south-west of…
LONDON, UK: Power Metal Resources PLC (AIM:POW), a metals exploration and development company, has sold its entire stake of 69.5 million shares in Kavango Resources plc (Kavango) for 0.8p per share, raising £556,000 in cash. Power Metal still holds 60…
LONDON, UK: SDI Group plc announced the acquisition of Peak Sensors Holdings Limited, a UK manufacturer of temperature sensors. Total consideration is forecast to be approximately £2.4 million. Peak Sensors is a leading UK manufacturer of temperature sensors, specialising in…
LONDON, UK: Pineapple Power Corporation has entered into a non-binding heads of terms to acquire 100% shares in Ilios Hydrogen Canada Limited, based in Vancouver, B.C., subject to legal, financial and other due diligence and entry into a legally binding…
CALIFORNIA: Nexa3D, a leader in ultrafast 3D printing, has announced its intention to buy Essentium, a maker of high-speed extrusion 3D printers and materials for aerospace, military, and defense applications. The deal, which is subject to certain conditions, would add…
SYDNEY, AUSTRALIA: Vision Blue Resources, a company led by former Xstrata CEO Sir Mick Davis, has signed an Investment Agreement with Mayur Resources Limited (ASX:MRL) to acquire a 49% stake in its Central Lime Project (CLP) in Papua New Guinea…
SYDNEY, AUSTRALIA: Raiden Resources Limited (ASX: RDN), a mineral exploration company, has announced that it has exercised its option to purchase 100% of the lithium, caesium and tantalum (LCT) rights over the Arrow Project from Arrow Minerals Limited (ASX: AMD),…
SYDNEY, AUSTRALIA: Acrow Limited (ASX: ACR), a leading provider of formwork and scaffolding solutions, has announced that it has signed a binding agreement to acquire MI Scaffold Pty Ltd, a leading provider of industrial scaffolding, access and rigging services in…
SYDNEY, AUSTRALIA: Alliance Nickel Limited (ASX: AXN), an emerging battery metals producer, has announced that it has sold its gold exploration subsidiary, Golden Cliffs NL, to a subsidiary of Zeta Resources Limited (ASX:ZER), a major shareholder of Alliance. The sale…
SYDNEY, AUSTRALIA: Develop Global Limited (Develop), a diversified mining company, has successfully completed its takeover of Essential Metals Limited (Essential), a gold and base metals explorer, through a scheme of arrangement (the Scheme) that was implemented today. Under the terms…
xAI, the artificial intelligence company founded by Elon Musk, has finally revealed its first product to the world: a large language model (LLM) called Grok, named after the slang term that means “understanding”, according to VentureBeat. Grok is a chatbot…
LONDON, UK: Substrate AI has agreed on the terms for the acquisition of 70% of the companies BINIT SRL and DELTANOVA SA, parent companies of the BINIT Group. The BINIT Group is a software development consultancy in Spain, the UK…