SYDNEY, AUSTRALIA: Cooke Inc. has agreed to acquire 100% of the ordinary shares in Tassal Group by way of scheme of arrangement. Under the Scheme, Tassal shareholders will receive cash consideration of $5.23 per Tassal share, assuming no final dividend is declared and paid for FY22. The Scheme Consideration implies an equity value for Tassal…
Duncan West elected new Chair of Challenger Limited
SYDNEY, AUSTRALIA: Challenger Limited (ASX: CGF) to announced the election of Mr Duncan West as Challenger’s new Chair. Mr West will replace the current Chair Mr Peter Polson, who will retire, as previously announced, at the conclusion of the Annual General Meeting (AGM) on 27 October 2022. Mr West has served on the Challenger Board…
Phillip Gallagher appointed MD of African Gold
SYDNEY, AUSTRALIA: African Gold Ltd (ASX: A1G) advise that Mr Phillip Gallagher has been appointed as Managing Director of the Company with immediate effect. Mr Gallagher has had extensive experience in mineral exploration in West Africa having been the co-founder and managing director of ASX-listed Canyon Resources Ltd for the past 12 years. During Mr…
Rio Tinto reiterates compelling value of proposal to acquire Turquoise Hill
LONDON, UK: Rio Tinto notes the Turquoise Hill announcement today indicating that the Turquoise Hill Special Committee has terminated its review of Rio Tinto’s non-binding proposal to acquire full ownership of Turquoise Hill for C$34 in cash per Turquoise Hill share. Rio Tinto is disappointed by the decision of the Special Committee and continues to…
Allkem to acquire strategic lithium tenement in exchange for Borax Argentina
SYDNEY, AUSTRALIA: Allkem Limited has entered into a binding and conditional Heads of Agreement (HOA) to transfer Borax Argentina S.A to Minera Santa Rita S.R.L (MSR) and to acquire the María Victoria lithium tenement from MSR in return. HIGHLIGHTS • Allkem will acquire 100% of the strategic lithium tenement of María Victoria located north of…
Global Health engages Robin Armstrong to develop ASEAN Markets
SYDNEY, AUSTRALIA: Australian Healthcare Software Provider, Global Health Limited (ASX: GLH), announced the appointment of Mr. Robin Armstrong to drive and develop the opportunities for Global Health in the ASEAN markets for the Company’s portfolio of next generation healthcare platforms. Global Health’s vision is to provide a securely connected healthcare ecosystem with empowered and engaged…
Expereo acquires Breeze Networks, enhancing SD-WAN/SASE presence in UK
AMSTERDAM: Expereo has announced the acquisition of Breeze Networks, a managed service provider of SD-WAN/SASE technologies. The acquisition fuels Expereo’s growth trajectory, further enhancing its SD-WAN/SASE practice, building on its expanding range of services to manage SD-WAN solutions at scale to partners and multinational enterprise customers across the globe. This latest acquisition solidifies Expereo’s ambition…
Four of Elkem’s plants in Norway included in process industry strike
OSLO, NORWAY: Elkem’s plants at Salten, Rana, Thamshavn and Fiskaa have been included in the process industry strike in Norway starting on 15 August. Elkem is now working to evaluate the operational impacts for each plant. Any impacts will also be influenced by the duration of the industry strike. The industry strike is a result…
I-RES completes acquisition of Tara View, Merrion Road, Dublin 4
DUBLIN, IRELAND: Irish Residential Properties REIT (I-RES) has completed the acquisition of 69 new residential homes at Tara View, Merrion Road, Dublin 4 (formerly known as Project Merrion). I-RES entered into a contract for the forward purchase of the residential units from DHGL Limited (a subsidiary of the Dalata Hotel Group plc) in 2018, a…
Weardale Lithium signs lithium feedstock refining deal with Tees Valley Lithium
LONDON, UK: Weardale Lithium Limited, an innovative natural resources company based in County Durham, UK, has entered into a Memorandum of Understanding (“MOU”) with Tees Valley Lithium Ltd (“TVL”), developers of an independent and sustainable lithium chemical processing hub at the Wilton International chemicals park in Teesside, U.K., where TVL will refine high value lithium…
Amaroq Minerals signs MOU with ABD Solutions
TORONTO, ONTARIO: Amaroq Minerals Ltd. (TSXV: AMRQ), an independent mining company with a land package of gold and strategic mineral assets covering an area of 7,615.85km2 in Southern Greenland, has now signed a Memorandum of Understanding (“MoU”) with ABD Solutions, a business within AB Dynamics PLC, to investigate the potential for the introduction of vehicle…
Libertine Holdings signs partnership with OMI
LONDON, UK: Libertine Holdings (LSE AIM: LIB), a developer of clean, highly efficient and fuel-flexible Linear Generator technology, announced its partnership with OFFICINA MOTO ITALIA (OMI) to create downsized, power dense Linear Generator products using renewable fuels. Based in Milan, Italy, OMI develops high performance 4 and 2-stroke engine designs for industrial, marine and vehicle…