Industry News

Gränges names members of nomination committee for 2017 AGM
TMAC Resources Inc. announces that it has made its third draw in the amount of US $15 million under the US $120 million senior secured term loan facility entered into with a syndicate of lenders including Sprott Resource Lending Partnership and Morgan Stanley Capital Group Inc. in July 2015. The first draw of US $50 million was completed February 10, 2016 and the second draw of US $35 million was completed July 7, 2016.. Ron Gagel, TMAC’ s Executive Vice President and Chief..."/>
TMAC Resources Makes US$15 Million Third Draw under US$120 Million Senior Secured Term Facility
PORTAGE RESOURCES FG Fitness& Media Group along with its flagship publication Fitness Gurls Magazine partners with NutriShops to produce an in-store magazine that will be distributed through their stores. The magazine is called Modern Fitness and it is an excellent addition to the NutriShops brand. Since 2009 management has produced over 21 issues of Fitness Gurls Magazine with some of them as..."/>
POTG -- Fitness Gurls Magazine Partners to Produce Modern Fitness Magazine
GoldQuest Mining Corp. is pleased to announce the results of an independent Pre-Feasibility Study, including maiden Mineral Reserves for its 100% owned Romero gold-copper project in the Dominican Republic. With a Net Present Value of US $203 million, the PFS demonstrates the economic robustness of a proposed underground mine at Romero. All figures are in U.S. dollars unless otherwise stated, with a DOP/USD exchange rate of 46: 1 and metal price assumptions of $1,300/ oz gold, $20/..."/>
GoldQuest Announces a Robust Pre-Feasibility Study & Maiden Mineral Reserves for Its Romero Project
AgroFresh Solutions, Inc., a global leader in produce freshness solutions, today announced that chief financial officer Margo Loebl will be leaving the company to pursue other professional interests. She will be replaced by Katherine Harper, a highly experienced financial professional and business leader whose 30- year career has spanned several global public companies. Harper was the CFO of Tronox, a global leader in the mining and..."/>
AgroFresh Announces CFO Change; Names Katherine Harper as New CFO
Praxair, Inc. announced it has signed a long-term contract to supply industrial gases to Hyundai Oilbank, a leading oil refining company in South Korea. Hyundai has more than a 50- year history producing gasoline and propylene in South Korea, and is capable of processing 390,000 barrels per day of crude oil and other feedstock. Praxair will build, own and operate four vacuum pressure swing adsorption plants that will supply a combined 750 tons per day of oxygen to..."/>
Praxair Signs Long-Term Supply Contract in South Korea
OceanaGold Corporation notes that in a press conference held today by the Department of Environment and Natural Resources Secretary Lopez and Senior Undersecretary Jasareno, OceanaGold Didipio operation was mentioned as one of the 23 mining companies listed that may have their operations suspended, due to alleged outstanding social..."/>
OceanaGold provides comments on recent Philippines Government press conference
Praxair disclosed on Monday the execution of an agreement to supply industrial gases to Hyundai Oilbank in South Korea. Hyundai Oilbank, which is a leading oil refining company in South Korea, has more than a 50- year history producing gasoline and propylene in South Korea, and is capable of processing 390,000 barrels per day of crude oil and other feedstock. Under the terms of the long term agreement, Praxair will build, own and operate four vacuum pressure..."/>
Praxair enters into industrial gases supply agreement in South Korea
Marrone Bio Innovations reported on Monday the launch of Venerate XC bioinsecticide in California for use use on a wide variety of fruit, vegetable, vine and nut crops in conventional integrated pest management and organic systems. The company added that Venerate XC is a liquid microbial-based, contact and ingestion insecticide that degrades insect exoskeletons and interferes with molting of chewing insects, nymphs and adult sucking insects,..."/>
Marrone Bio Innovations unveils Venerate XC bioinsecticide in California for use in conventional integrated pest management and organic systems
Ball Corporation disclosed on Monday that it signed an agreement to sell its speciality tin manufacturing facility in Baltimore, Maryland for about USD25m to Independent Can Company, based in the US. The transaction will close in the fourth quarter of 2016 and the proceeds are subject to customary closing adjustments, the company added. Based in Baltimore, Ball's speciality tin plant manufactures a diverse range of speciality and custom tinplate cans for different..."/>
Ball signs USD25m sale agreement for its Baltimore specialty tin plant
Bell Copper Corporation is pleased to provide an update to the ongoing Kabba exploration program. Drilling of hole K-12 on its Kabba porphyry copper project in Arizona has been completed, and a program of comprehensive geophysical exploration will commence at Kabba early next month. KEX continues to sample and assay drill core from previous drilling on the Kabba project."/>
Kabba Project Exploration Update
Ball Corp.. Ball Corp., based in Broomfield, Colo. said it plans to sell its tin-making plant off Pulaski Highway for about $25 million. The facility, which employs 55 people, makes specialty and custom tin-plate cans for customers who sell cosmetics, promotional items and other products."/>
Belcamp-based Independent Can Co. buys Ball Corp.'s specialty tin division [The Baltimore Sun]
ConAgra Foods, the packaged food giant known for such brands as Slim Jim, Banquet and Reddi-wip. The acquisition, which closed Monday, moves the Frontera, Red Fork and Salpica grocery brands under the ConAgra banner, but does not include any of the Frontera-branded restaurants. Terms of the deal were not disclosed."/>
Rick Bayless' Frontera Foods sold to ConAgra; chef's brand staying in Chicago [Chicago Tribune]
HeidelbergCement AG and Italian cement maker Italcementi S.p.A. to sell Italcementi's cement plant in Martinsburg, W.Va., to Argos USA LLC for $660..."/>
Feds to hear concerns on merger involving Essroc Cement [The Morning Call (Allentown, Pa.)]
GLOBAL NET LEASE/AMERICAN REALTY CAPITAL TRUST II TIE-UP A 45- day "go shop" period has expired in US-based REIT Global Net Lease, Inc.' s deal to acquire US-based REIT American Realty Capital Global Trust II, Inc. for approximately USD 247 m, the companies said. The companies entered into a definitive agreement on 8 August, in a deal by and among GNL, American Realty Capital Global..."/>
M and A Navigator: Deal pipeline 27 September
Ortac Resources Ltd has agreed to acquire an additional 640,000 shares in UK-based gold miner Andiamo Exploration Ltd. for a total consideration of GBP 50,000 in cash, the company said. Following this acquisition, Ortac will hold 10.64 m shares in Andiamo, increasing the company's stake in the company to 26.99%. Andiamo Exploration operates as a mineral exploration and development company."/>
Ortac Resources Ups Stake in UK Gold Miner Andiamo Exploration
Greatland Gold plc has entered into an agreement to acquire 100% of the Havieron Gold Project in Western Australia, the company said. Under the deal, Greatland agreed to acquire 100% of the Havieron Project in Western Australia for an initial payment of AUD 25,000 in cash and the issuance of 65.49 m ordinary shares of 0.1 pence each in the company, and a second payment, triggered upon a..."/>
Greatland Gold Acquires Havieron Gold Project in Australia
UNIFIRST CLOSES USD 122 M ACQUISITION OF ARROW UNIFORM. US-based work uniforms and facility services provider UniFirst Corp. has completed its acquisition of US-based Arrow Uniform for approximately USD 122 m, the company said."/>
M and A Navigator: Deal pipeline –26 September
Chemtura Corp. by Lanxess Deutschland GmbH. On September 25, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Lanxess will acquire Chemtura. Under the terms of the agreement, Chemtura shareholders will receive $33.50 for each share of Chemtura common stock."/>
Robbins Arroyo LLP: Acquisition of Chemtura Corp. (CHMT) by Lanxess Deutschland GmbH (Private) May Not Be in Shareholders' Best Interests

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