MOSCOW, RUSSIA: Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, today announced that Fitch Ratings has downgraded the Company’s corporate rating to “CC” on March 11th. According to Fitch’s statement, the rating actions reflect new restrictions that may impair the company’s ability to…
Kering Eyewear acquires Maui Jim Inc.
PARIS, FRANCE: Kering Eyewear, a global Luxury group that develops a series of renowned Houses in Fashion, Leather Goods and Jewelry, has signed an agreement to acquire Maui Jim Inc., one of the world’s fastest-growing high-end eyewear companies. Founded in 1987, Maui Jim is the world’s largest independently owned high-end eyewear brand with a leading…
Keltbray to lease hybrid fuel cell system for London construction site
LONDON, UK: AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce its collaboration with Keltbray for the lease of the Company’s first fuel cell for deployment to a UK construction site. Highlights · Keltbray is a leading UK based construction and engineering group with an objective of achieving…
Cellular Agriculture
Cellular agriculture is the production of agricultural products directly from cells, as opposed to raising an animal for slaughter, or growing crops. This encompasses cell culture to produce cultivated meat and materials, and fermentation processes that harness a combination of molecular biology, synthetic biology, tissue engineering and biotechnology to massively simplify production methods in a…
Agronomics invests more in plant cell culture company, GALY CO
LONDON, UK: Agronomics, the leading listed company focused on the field of cellular agriculture, has invested a further $1 million into GALY CO. GALY CO. is an existing portfolio company focused on plant cell culture. Agronomics will subscribe for 364,710 Series A Preferred Stock using cash from the Company’s own resources. Following this investment, Agronomics…
Tracsis buys rail technology software & services provider, RailComm for $14.2mn
LONDON, UK: Tracsis Plc has acquired RailComm LLC, a North American based rail technology software and services provider. Tracsis Plc is a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries. Headquartered in Fairport, New York and established in 1999, RailComm provides mission critical automation and…
Argo Blockchain signs fleet swap agreement with Core Scientific
LONDON, UK: Argo Blockchain plc, a global leader in cryptocurrency mining (NASDAQ: ARBK) has signed a fleet swap agreement with Core Scientific Inc. (NASDAQ: CORZ). The agreement exchanges Argo’s Bitmain Antminer S19 series bitcoin mining fleet hosted at Core for S19J Pro bitcoin miners previously ordered by Core to be delivered directly to Argo’s new…
Rio Tinto offers to acquire 49% stakes in Turquoise Hill for $2.7bn
LONDON, UK: Rio Tinto has made a non-binding proposal to the Turquoise Hill Board to acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own. Under the terms of the Proposed Transaction, Turquoise Hill minority shareholders would receive C$34 in cash per Turquoise Hill share,…
Eco (Atlantic) to acquire JHI Associates with its stake in Canje Block offshore Guyana
LONDON, UK: Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO) has signed a Commercially Binding Term Sheet to acquire 100% of JHI Associates Inc. (JHI), including JHI’s 17.5% Working Interest in the Canje Block offshore Guyana. JHI is a private company incorporated in Ontario and headquartered in Toronto, Canada. If and once completed the Acquisition…
EQTEC Plc announces formal launch of EQTEC business in France
LONDON, UK: EQTEC plc (AIM: EQT) announced the launch of a subsidiary company in France, together with completion of a collaboration agreement for handling of contaminated plastic waste. EQTEC has signed a Strategic Collaboration Agreement with SEPS SAS, a French company specialising in the management and recycling of industrial waste. The Agreement confirms the Parties’…
Alphawave acquires OpenFive business unit from SiFive for $210mn
LONDON, UK: Alphawave IP Group plc (LON: AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, has acquired the entire OpenFive business unit from SiFive Inc. SiFive is the founder and leader of RISC-V computing based in San Mateo, California. All definitive agreements have been completed and the transaction is expected to…
Crossword Cybersecurity acquires Threat Status Limited for £1.529mn
LONDON, UK: Crossword Cybersecurity Plc (AIM: CCS) announced acquisition of the whole of the share capital of Threat Status Limited, the threat intelligence company and provider of Trillion, the cloud based software as a service (SaaS) platform for enterprise-level credential breach intelligence has now completed. Additionally, Threat Status’s more recently released product, Arc, protects the…