Essential assets for May 18

May 18, 2015 03:17 PM

International Goldfields Ltd is pleased to provide an update about Winter Garden Biosciences operational plans for 2015/2016. WG is a Uruguayan biosciences and pharmaceutical company in which IGS has agreed to acquire an 85% interest. Mass Production and Sale of High Potency Cannabinoid Extracts Winter Garden’s primary business revenues will be generated from the production and sale of high-potency cannabinoid extracts, specifically cannabidiol (CBD) based extractions, which are in high demand due to the growing appreciation for the potential health and therapeutic benefits. These extracts can be utilised in a variety of natural forms including global beverage, health food, medicinal, powdered, and capsulated forms.

BC Iron Limited wishes to advise that Mr Terrence Ransted, has resigned from his position as Non-executive Director of the Company effective immediately. Mr Ransted, who was an inaugural Director of BC Iron, has resigned to allow sufficient time to focus on his role as Chief Geologist with Alkane Resources Limited.

President confirms that the dispute with Petro Victory Energy Corp and its group has now been amicably resolved and a joint statement from both President and the PV Group has been issued.

On April 20, 2015, Timeless Herbal Care and the University of the West Indies made history by planting the first legal ganja plant in Jamaica after 102 years of prohibition. The symbolic ceremonial planting ceremony on the grounds of the University of the West Indies was a watershed moment representing a collaborative effort undertaken by Government, Academia and Corporate interests as well as key stakeholders. Those present at the historic undertaking included Senator Mark Golding Minister of Justice, Courtney Betty president and CEO of Timeless Herbal Care, Principal of the University Archie McDonald, Mayor of Kingston Dr. Angela Burke and her husband Paul Burke, Jamaica Labour Party representative Delano Seiveright, Richard 'Dicky' Crawford and representatives of the Maroons and Rastafarian community. Also in attendance was Minister of Science, Technology, Energy and Mining Hon. Phillip Paulwell, who also played a decisive role in influencing the outcome of this historic event.

Rosland Capital – a leading, precious metals company – recently announced a partnership with the American Red Cross in conjunction with the release of collector’s book The Rosland Capital Guide To Gold (penned by Rosland Capital CEO and John Watson) – now available on For every book sold, Rosland Capital will donate $10 to the American Red Cross in support of its services to veterans and current military – granting gold and numismatic enthusiasts everywhere a chance to give back to the brave men and women of the United States armed forces – past and present.

Australia’s largest public relations firms, Professional Public Relations (PPR), is expanding its investor relations capabilities with the appointment of Sydney-based investor relations specialist Mike Lovesey.  The appointment marks a significant expansion of PPR’s investor-focussed capabilities, with the firm’s 12 person national dedicated investor relations team now in two of Australia's largest capital markets, Perth and Sydney.

Finnair is strengthening ties with fellow one world alliance members Japan Airlines and Qantas, with new codeshares on the airlines’ respective services to Busan, South Korea and Perth, Australia. Busan is a new addition to Finnair’s extended network, which Finnair passengers can now reach daily via Tokyo Narita on services operated by Japan Airlines. The new codeshare allows Finnair to serve South Korea’s prosperous second-largest city, with a population of 3.6 million that is growing in economic clout and seeking more connections to Europe. Japan Airlines and Finnair already codeshare extensively on each other’s services throughout Europe and Japan.

Finnair, the first European airline to operate the Airbus A350 XWB aircraft, has awarded Lufthansa Technik a 12-year agreement for component support for the new aircraft type. Lufthansa Technik is one of the leading providers of technical services for the aviation industry, and the agreement with Finnair is the company's first contract for A350 XWB component support.

Panoro Energy ASA announces the appointment of John Hamilton to the position of Chief Executive Officer. John has extensive experience in the international oil and gas industry and in investment banking. John will take up his new position immediately. John is a UK citizen and will be based in London.

The Council of CEOs today announced that the next President and CEO of ICMM will be Tom Butler, who brings a wealth of private and public sector experience in extractives, and a deep commitment to sustainable development and responsible practice in the mining and metals industry.

The Finnish Aviation Union has issued a strike warning for 19-20 May 2015, and the possible strike would impact also Finnair and its subcontractors. The strike is in connection to a dispute related to a collective labour agreement applied to a Finnish ground handling company. Finnair is not a party to the dispute in any way. The strike would also impact other airlines operating to and from Finland. Even though the dispute is not related to Finnair, the strike would, if implemented, have significant impacts on Finnair flights, as it would bring Finnair's baggage and ground handling services to a complete halt for several hours during peak travel hours on 19-20 May. The strike would thus disrupt the travel plans of thousands of Finnair customers. Finnair has already offered customers the possibility to change their travel dates to avoid traveling on the possible strike days.

Finnish Aviation Union has withdrawn the threat of a support strike, which would have had significant impacts on Finnair and its subcontractors among others, and the parties to the dispute have reached an agreement.

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About the Author

Lauren is the editorial assistant for Futures Magazine. She graduated from DePaul University in 2013 with a degree in English.