SYDNEY: Charger Metals NL (ASX:CHR) has exercised its pre-emptive right to acquire the remaining 30% of the Bynoe Lithium Project in the Northern Territory from Livium Ltd (formerly Lithium Australia Limited) for $500,000 cash consideration. The exercise of the pre-emptive right follows a sale agreement between Core and Livium for Core to acquire the 30%…
Saint-Gobain and Boralex sign a long-term renewable electricity purchase agreement in France
PARIS: Boralex Inc. (TSX: BLX) and Saint-Gobain (EPA: SGO) have announced the signing of a 20-year renewable electricity purchase agreement (“Power Purchase Agreement” or PPA) in France, involving three power plants developed, built, and operated by Boralex. The combination of wind and solar technologies will provide Saint-Gobain’s industrial operations in France with a renewable electricity…
Vodafone Spain and Telefónica de España to create a new fibre network company in Spain
LONDON: Zegona Communications plc (LSE: ZEG) announced Vodafone ONO, S.A.U. (Vodafone Spain) and Telefónica de España, S.A.U. have today signed a binding contract to create a new fibre network company in Spain. Earlier this year, Zegona announced it had signed non-binding agreements to create FibreCos with both Telefonica and MasOrange and a non-binding agreement for…
Hammerson acquires remaining 50% stake in Westquay for £135 million
LONDON: Hammerson plc today announced the completion of the acquisition of the remaining 50% stake in Westquay for £135m. This gives the Company a 100% interest in a leading retail and leisure destination situated in the heart of the South Coast, which is A rated by Green Street. The consideration will be funded by the…
LendInvest completes sixth securitisation of £285 million UK prime buy-to-let and owner-occupied mortgage loans
LONDON: LendInvest plc (LSE: LINV), the UK’s leading platform for property finance and the parent company of LendInvest BTL Ltd and LendInvest Loans Limited, today announced the successful completion of its sixth securitisation in prime UK property loans originated by its Mortgages division. The £285m oversubscribed transaction, “Mortimer 2024-Mix Plc” received Aaa(sf) and AAA(sf) ratings…
Digitalbox has acquired Entertainment Group of GRV Media
LONDON: Digitalbox plc (AIM: DBOX) has agreed to acquire certain online assets, including all associated intellectual property, of the Entertainment Group of GRV Media Ltd. A three-month transitional services agreement with GRV comes into effect from today to support the integration process. Digitalbox is the mobile-first digital media business, which owns leading websites Entertainment Daily,…
Digital payments firm, Wise, reports 55% increase in profit
The British digital payments firm, Wise, reported a 55% increase in profit for the first half of its 2025 fiscal year, reaching £217.3 million, up from £140.6 million a year ago. This growth was driven by a 25% increase in active customers, totaling 11.4 million consumer and business clients. Revenues rose 19% year-on-year to £591.9…
Mendell Helium announces major farm-in agreement with Scout Energy
LONDON: Mendell Helium has announced that M3 Helium Corp. has signed an exclusive farm-in and fixed price helium agreement with Scout Energy Partners. This agreement covers 161,280 acres in the Hugoton gas field, one of North America’s largest natural gas fields. As per the announcement on June 27, 2024, Mendell Helium has an option to…
JPMorgan Global Core Real Assets Limited to be wind-down
LONDON: The Board of JPMorgan Global Core Real Assets Limited has decided to propose a managed wind-down of the company, which they believe is in the best interests of all shareholders. To implement the managed wind-down, shareholder approval is required to amend the company’s investment objective and policy. Detailed proposals, including the timeline for asset…
EQTEC signs collaboration agreement in the USA with Simonpietri Enterprises
LONDON: EQTEC plc (AIM:EQT), a leading licensor and innovator of syngas technology for clean conversion of the world’s waste into sustainable energy and biofuels, to power the circular economy, has entered into a Collaboration Framework Agreement with Simonpietri Enterprises LLC, a Hawaii-based developer of innovative project solutions to re-use and recycle waste into sustainable products…
Mobily partners with Telecom Egypt to land first Saudi submarine cable linking Saudi Arabia and Egypt
LONDON: Mobily, a leading Technology, Media, and Telecom (TMT) company in the Kingdom of Saudi Arabia, and Telecom Egypt, the total telecom operator in Egypt and one of the largest subsea cables operators in the region, have signed a cooperation agreement to land the first Saudi submarine cable linking Saudi Arabia and Egypt. The new…
ECR Minerals signs exclusivity agreement for potential sale of Australian subsidiary
LONDON: ECR Minerals plc (LON: ECR), an exploration and development company focused on gold in Australia, has entered into an exclusivity agreement for the potential sale of its subsidiary, Mercator Gold Australia Pty Ltd (MGA). MGA is a non-core asset within ECR’s portfolio in Victoria and includes approximately A$75 million in tax losses. The agreement…