Oct 10 (Reuters) - NRC GROUP ASA ::NRC GROUP ASA ACQUIRES FIBERTECH AS.AGREED TO ACQUIRE INFRASTRUCTURE COMPANY FIBERTECH AS FOR A TOTAL CONSIDERATION OF NOK 61.5 MILLION.
May 25 (Reuters) - Swick Mining Services Ltd :Acquisition of minority shareholders' stakes in orexplore for $2.9 million.Announces share placement to fund buyout of minorities in Orexplore AB and help fund commercialisation phase of Orexplore business.Share placement to raise $4.9m.
US Energy Corp : US Energy - On October 10, 2016, company and Ironhorse agreed to extend financial assurance deadline under agreement to November 10, 2016 - SEC filing . US Energy Corp - Extension will allow company to continue negotiating with several potential financial partners Source: (http://bit.ly/2dQrzwP) Further company coverage: [USEG.O] ((firstname.lastname@example.org;)).
Buildmax Ltd : Received a conditional offer to acquire a controlling equity position in company subject to certain pre-conditions. . Acquiring entity will recapitalise company to reduce debt and provide working capital for further organic and acquisitive growth .Independent board of buildmax is deliberating on conditional offer.
Primary Gold Ltd : Primary and Ausdrill sign drilling for equity agreement . Executed a binding agreement with Ausdrill Limited for A$3.0M in drilling for equity programs . Agreement has also been expanded to include drilling over the newly acquired coolgardie gold project in Western Australia .
SMT Scharf AG : Takes over drive technology specialist . Has acquired 100 percent of shares in Nowilan Gesellschaft für Antriebstechnik mbH headquartered in Dinslaken . Parties have agreed not to disclose purchase price . Cash component of purchase price is being financed by SMT Scharf using cash and cash equivalents .In addition, seller is to receive treasury shares from SMT Scharf.
Hughes Drilling Ltd : Remains in discussions with its senior financier (bank) and that these discussions are advancing . Bank continues to maintain its lending facilities and is working with the company to restructure these facilities . Co is in ongoing communications and discussions with the ATO . Company has requested a continuation of its voluntary suspension from the asx for a further period of 14 days .