Tom Frew

Q3 revenues of $8.1 million – GAAP net income totaled $1.5 million, or $0.17 per diluted share – Acquired Flip Flop Shops, a leading franchise retail chain – New Tony Hawk License Agreement with Walmart for Canadian Market- Continued European Expansion of the Cherokee Brand Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform, today […]

Fresh details from BP BP, on behalf of the Schiehallion co-venturers Shell and OMV, announced today that the new Glen Lyon floating production storage and offload (FPSO) vessel has started sea trials as it begins its journey towards the west of Shetland where it will serve as the hub for the 450 million barrel Quad204 […]

What are the details? BP Egypt has announced today the completion of its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta […]

Acquisition in Greenland; Rod McIllree appointed as Managing Director to Board FinnAust Mining plc, the AIM listed exploration company with projects in Finland and Austria, has announced it has signed a binding agreement to acquire an initial 60% interest in Bluejay Mining Limited. Bluejay is the 100% owner of the 126sq km high grade Pituffik […]

Company Unlocks significant value with removal of €5.1m of debt DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Cote d’Ivoire, has improved the Project’s economics following an agreement with its joint venture partner, Biopalm Energy, which reduces the Company’s debt position by €5.1m. An offset agreement has […]

Readmission to trading on the London Stock Exchange Challenger Acquisitions announces that following its acquisition of the Starneth Group and its investment in the New York Wheel Project the Company’s ordinary share capital comprising of 13,325,681 ordinary shares of £0.01 each, have today been readmitted to the Official List of the UK Listing Authority and […]

Implement Finance and Leasing Platform NetSol Technologies, Inc. (Nasdaq:NTWK), a global business services and enterprise application solutions provider, today announced that an established UK-based bank has selected NetSol’s LeaseSoft as its new platform to support the growth of its asset finance and leasing business, while helping to consolidate IT systems. The project and continuing...

A Canadian Domiciled Entity QLT Inc. (NASDAQ:QLTI) (TSX:QLT) announced today that it has agreed to revised terms regarding its previously announced agreement to provide equity financing in the amount of US$45million in connection with the pending merger transaction between POZEN Inc. (Nasdaq:POZN)and Tribute Pharmaceuticals Canada Inc. (TSX VENTURE:TRX) (OTCQX:TBUFF). The revised terms were...

Anticipates 35% to 40% Annual Production Growth With Projected Year-End 2016 Debt to EBITDA of Approximately 1.4x PDC Energy (NASDAQ:PDCE) today reported its 2016 capital budget and production forecast. 2016 Highlights – Targeted cash flow neutrality with planned capital budget of $450 to $500 million. – Anticipated annual production of 20.0 to 22.0 MMBoe, 35% […]

What are the details? The Spectranetics Corporation (NASDAQ:SPNC) announced today that it has completed the refinancing of its outstanding debt and closed on a new $110 million senior secured credit facility led by Midcap Financial and Silicon Valley Bank. The new facility consists of a $60 million term loan and a $50 million revolving line […]