Sound Energy PLC has agreed to sell its remaining 20% stake in the Tendrara gas development in Morocco to Managem for a deal valued at $57 million. The sale will leave Sound Energy with $11 million in cash after repaying its €28.8 million senior secured notes, effectively eliminating its debt. This marks Sound Energy's full exit from Morocco as it also relinquishes other exploration interests there. The company aims to refocus on energy transition and upstream hydrocarbon projects outside Morocco as a debt-free entity. Shares fell 33% following the announcement due to the exit and project delays, with first gas now expected in Q3 2026 instead of October 2025.
Oramed Pharmaceuticals Inc. will be added to the Russell 2000 and Russell 3000 indexes following the 2026 Russell indexes semi-annual reconstitution, effective June 29, 2026. This inclusion reflects Oramed's ranking among the 4,000 largest U.S. stock...
South Korea, though small in size, has become a major winner in the 2026 AI boom thanks to its dominance in high-bandwidth memory (HBM) production. Key companies SK Hynix and Samsung Electronics, which together make up nearly half of the iShares MSCI...
Lake Victoria Gold Ltd. has appointed key finance and compliance officers in Tanzania to support the transition of its fully permitted Imwelo gold project from planning to construction and production. The Imwelo project, located near AngloGold Ashant...
Quantum Secure Encryption Corp., a Vancouver-based post-quantum cybersecurity firm, announced a partnership with a Malaysian digital certification authority to develop a localized version of its Quantum Preparedness Assessment platform. This move aim...
Intrado introduced a new portfolio of AI-enabled, cloud-native emergency communication solutions designed to help Public Safety Answering Points (PSAPs) improve efficiency, resiliency, and reduce telecommunicator workload. The offerings include VIPER...
