OSLO, NORWAY: Proximar strengthens its management team with the recruitment of Mr Dharma Rajeswaran as Chief Operating Officer (COO). “Rajeswaran is one of the most experienced executives within onshore farming of Atlantic salmon, representing valuable insight for successful execution”, says Joachim Nielsen, CEO of Proximar. Mr Dharma Rajeswaran has extensive operational background from the aquaculture…
Global Bioenergies completes €14.5 million fundraising
PARIS, FRANCE: Global Bioenergies announced successful completion of its capital increase for a total amount of €14.5 million, without preferential subscription rights for shareholders in favor of institutional investors for €13.5 million and of retail investors via the PrimaryBid platform for €1 million. Samuel Dubruque, Chief Financial Officer, said: “We now have €21.2 million cash in hands, which gives us visibility beyond the first semester of 2023. This transaction brings us renowned investors,…
Newcrest Mining sells royalty portfolio for $37.5 million
SYDNEY, AUSTRALIA: Newcrest Mining Limited (TSX: NCM) has entered into definitive agreements with Altus Strategies (LON: ALS) and AlphaStream Limited to sell a portfolio of 24 royalties. Newcrest will receive total cash consideration of approximately US$37.5 million from Altus and AlphaStream payable upon completion of the transaction. Completion of the transaction is expected to occur…
Aerometrex appoints Steven Masters as Managing Director and CEO
SYDNEY, AUSTRALIA: Aerometrex Limited (ASX: AMX) announced Steven Masters has been appointed Managing Director and Chief Executive Officer. Steven Masters is currently Chief Executive of ElectraNet, one of South Australia’s largest companies, and intends to commence his duties with Aerometrex in early 2022 following completion of his current employment. Mark Lindh, Aerometrex Chairman, said: “Following…
MotorK completes acquisition of Dapda
AMSTERDAM: MotorK Plc, a leading SaaS provider for the automotive retail industry in the EMEA region, has completed the acquisition of Dapda S.L., a Spanish leader in providing digital tools to automotive retailers. Founded in 2005, Dapda provides innovative solutions and services to help a broad range of automotive retailers in Spain digitise their operations…
What is Quantum Money and How Does it Work
Various aspects of quantum money, including what it is, how it is related to quantum computing, and why it is so important.
Savannah Energy inks deal to buy Exxon and Petronas assets in Africa
LONDON, UK: Savannah Energy has signed a Share Purchase Agreement (SPA) with Exxon Mobil Corporation, ExxonMobil International Holdings and Esso Exploration Holdings; and has separately signed an SPA with PETRONAS Overseas Ventures relating to the purchase of each of their entire upstream and midstream asset portfolios in Chad and Cameroon. The SPAs both have an…
Naspers to delist ADS from the London Stock Exchange
LONDON, UK: Naspers Limited has applied for the cancellation of the listing of its American Depositary Shares on the standard segment of the Official List of the Financial Conduct Authority and of trading on the Main Market of the London Stock Exchange. The delisting is intended to take effect on 14 January 2022. Following the…
KEFI Gold and Copper gets award of exploration licences in Saudi Arabia
LONDON, UK: KEFI Gold and Copper (LON: KEFI) announced the issuance of the Al Godeyer and Al Godeyer East Exploration Licences to the KEFI-operated Saudi Arabian joint-venture Gold and Minerals Limited (G&M). The licences are situated 12km south-west of the Company’s Hawiah discovery (see Figure 1 in the attached appendix), which is expected to shortly…
Glantus Holdings announces a new Global Partner Program
LONDON, UK: Glantus Holdings announced a new Global Partner Program to provide their strategic partners and their respective clients access to relevant deep data insights, resources, and support which will help transform procure to pay (P2P) ecosystems, transactions, and financial processes. The Program is designed to enable partners accelerate their ability to offer cost recovery,…
Beñat Ortega appointed CEO of Gecina
PARIS, FRANCE: Gecina’s Board of Directors has appointed Beñat Ortega as Gecina’s Chief Executive Officer. He will take over the position from Méka Brunel, Director and Chief Executive Officer, whose term of office is scheduled to expire, in accordance with the bylaws, at the end of the General Meeting on April 21, 2022. Gecina operates…
HomeServe Plc announces divestiture of Piedmont Policy Book
LONDON, UK: HomeServe USA Corp. (HSUSA) has entered into an agreement to sell to Piedmont Natural Gas Company, Inc. (“Piedmont”) the book of policies that HSUSA has built during the two companies’ affinity partner relationship (the “Piedmont Policy Book”), which will come to an end in April 2022. HSUSA has decided to sell the Piedmont…