PARIS, FRANCE: Alstom won the contract to design, manufacture, supply, test, commission 312 standard gauge metro cars for Delhi Metro Phase IV expansion, by the Delhi Metro Rail Corporation (DMRC). The order, worth €312 million includes: Alstom will supply its class-leading Metropolis trainsets for this order. Metropolis trains offer a unique design, a wide range…
FDJ Group signs agreement to acquire ZEturf group
PARIS, FRANCE: La Française des Jeux (FDJ) has signed an agreement to acquire the ZEturf group, which operates online horse-race betting as well as online sports betting under the ZEbet brand. This agreement follows FDJ’s announcement on 19 September 2022 that it had entered into exclusive negotiations with ZEturf. Stéphane Pallez, Chairwoman and CEO of…
Gulfsands Petroleum opens new Middle Eastern Business Hub in the UAE
LONDON, UK: Gulfsands Petroleum plc, the UK Public Limited Company with interests in the Middle East and North Africa (MENA) region, opened of its new Middle Eastern Business Hub in the United Arab Emirates, based in the international financial centre, Abu Dhabi Global Market (ADGM). As part of its expanded profile, Gulfsands is also establishing…
Gfinity appointed esports strategy partner of Saudi Pro League
LONDON, UK: Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider has been appointed by Saudi Pro League (SPL) as the exclusive esports strategy development partner. Saudi Pro League (SPL) is responsible for the management and organisation of the top division of professional football in Saudi Arabia. A core ambition of SPL is to…
Wynnstay Group acquires Tamar Milling, a blended feed products company
LONDON, UK: Wynnstay Group, the agricultural supplies group, has acquired the entire share capital of Tamar Milling Limited, a manufacturer and supplier of blended feed products, for an initial consideration of £1.4 million, with a deferred consideration of up to £0.1 million payable dependent on performance. Established in 1994, Tamar is based in Whitstone, Cornwall,…
Alpha Growth to acquire Barbados-based Havelet Assignment Company
LONDON, UK: Alpha Growth plc (LSE: ALGW), a leading financial services specialist in the growing life insurance and longevity asset class, has signed a share purchase agreement to acquire Havelet Assignment Company Limited, a Barbados based financial services company specialising in settlement assignments. This is a strategic acquisition which not only expands Alpha’s abilities to…
Countrywide Hydrogen and APAL sign MoU to develop Green Hydrogen Project at Launceston Airport
SYDNEY, AUSTRALIA: ReNu Energy Limited’s subsidiary Countrywide Hydrogen Pty Ltd and Australia Pacific Airports (APAL) signed an MoU for the development of a multi-purpose Green Hydrogen Project at Launceston Airport. Under the terms of the MOU: • Countrywide will commence project design for an initial project size of up to a 5-megawatt (MW) electrolyser. •…
Burley Minerals signs agreement to acquire Chubb Lithium Project in Quebec
SYDNEY, AUSTRALIA: Burley Minerals Ltd (ASX: BUR) has entered into an exclusive agreement to acquire 100% of the Chubb Lithium Project in Quebec, Canada and the lithium-prospective Mt James and Dragon Projects in the central Gascoyne Region of Western Australia. Signing of the Agreement expands the Company’s exploration footprint into high-grade lithium-bearing spodumene Projects and…
Sayona is expanding its northern lithium hub in Québec with C$40mn acquisition
SYDNEY, AUSTRALIA: Emerging lithium producer Sayona Mining Limited (ASX:SYA) is expanding its northern lithium hub in Québec, following an agreement with Troilus Gold Corp. (TSX:TLG) concerning a significant exploration package located near the Moblan Lithium Project (SYA 60%; SOQUEM 40%). Under the agreement, Sayona Mining’s Canadian subsidiary Sayona Inc. will acquire a 100% interest in…
MD & CEO of Burgundy Diamond Mines, Peter Ravenscroft, resigned
SYDNEY, AUSTRALIA: Burgundy Diamond Mines Limited notified Mr Peter Ravenscroft has resigned as Managing Director and Chief Executive Officer, effective immediately. The Board has resolved that Mr Kim Truter, appointed as a Non-Executive Director in September 2020, and Non-Executive Chairman in December 2021, will be appointed as Interim Chief Executive Officer with immediate effect. Mr…
Tempest Minerals to demerge its lithium projects into new IPO
SYDNEY, AUSTRALIA: Tempest Minerals Limited and its wholly owned subsidiary, West Resource Ventures Pty Ltd (WRV), the holder of several lithium tenements in Western Australia will proceed with a new initial public offering (IPO). WRV will be renamed Electra Minerals Ltd. The new IPO will combine WRV’s Western Australian underexplored hard rock lithium exploration projects…
Adore Beauty Group appoints Tamalin Morton to lead the business as CEO
SYDNEY, AUSTRALIA: Adore Beauty Group Limited (ASX: ABY) has appointed highly experienced retail executive Ms Tamalin Morton to lead the business as Chief Executive Officer, effective 9 January 2023. Adore Beauty has evolved to an integrated content, marketing and e-commerce retail platform that partners with a broad and diverse portfolio of more than 270 brands…