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Mining Support Services & Equipment

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NRC Group acquires Fibertech for NOK 61.5 million

Tuesday, 10 Oct 2017

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​.

Swick Mining Services updates on share placement and Orexplore acquisition

Thursday, 25 May 2017

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, Ironhorse agree to extend financial assurance deadline

Thursday, 13 Oct 2016

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] ((bangalore.newsroom@thomsonreuters.com;)).

Buildmax says gets conditional offer for controlling stake

Monday, 5 Sep 2016

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 and Ausdrill sign drilling for equity agreement

Monday, 5 Sep 2016

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 takes over drive technology specialist

Thursday, 25 Aug 2016

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 updates on operations and bank debt

Monday, 25 Jul 2016

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 .

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