Harneys received several awards at BVI Financial Services Gala

November 30th, 2019

BVI law firm Harneys was named Corporate Service Provider of the Year, Litigation Practice of the Year, and Tech Savvy Firm of the Year, at the BVI Financial Services Gala Awards Dinner which was held on 28 November 2019 to celebrate the 35th anniversary of the BVI International Business Companies Act. Also, the firm got Best Corporate Social Responsibility award, and was recognised for its lifetime service to the BVI.

Harneys BVI Managing Partner Tanya Cassie-Parker said in her comments: “Thank you BVI Financial Services Week Committee for organizing this event in recognition of those that have helped set the standard for legal and financial services in the BVI. Our award wins demonstrate the strong foundation and community ties that Harneys has in the BVI. We are proud to be the first legal practice established in the BVI, and we continue to strive for excellence and innovation in the financial services industry.”

AgeX Therapeutics and its BVI-registered investor Juvenescence Ltd. announced publication of paper on the engineering of universal cells

November 2nd, 2019

Juvenescence Ltd., BVI-registered science company developing technologies to treat aging, and AgeX Therapeutics, Inc., a biotechnology company developing therapeutics for human aging and regeneration, announced the publication of a new paper in the scientific journal Regenerative Medicine. The published paper is on the strategies of engineering of allogeneic cells to be hypoimmunogenic (universal), so as not to produce an immune response. Also, the paper presents previously unpublished observation in vivo on allogeneic human stem cells (hPSCs).

The leading author of the paper is Dr. Nafees Malik, Chief Operating Officer at AgeX and Head of Cell & Gene Therapy at Juvenescence, which is a major investor in AgeX. His co-authors on the paper are Gregory Bailey, MD, Chairman of the Board of Directors of AgeX and CEO of Juvenescence; Annalisa Jenkins, MBBS, FRCP, who serves on the Board of Directors of AgeX; and Jim Mellon, Chairman of Juvenescence.

Dr Malik said in his comments on the publication: “This is a huge area of focus for us at AgeX, via our UniverCyte technology platform. In support of our own research and as a service to the overall field, we decided to put together this paper, analyzing all the leading strategies to engineer universal cells and encapsulating them in one paper.”

Aura Minerals appointed new director and new general manager for Honduras operations

October 19th, 2019

Aura Minerals Inc., BVI-incorporated mining company engaged in the production and development of gold mines in the North, South and Central America, announced the appointment of Richmond Fenn to the company’s Board of Directors. The appointment is effective from October 7, 2019.

Mr. Fenn already worked with the company as interim-General Manager for the San Andrés operations. He has extensive experience in mine engineering, mine development and valuation, maintenance and operations in North and South America, Africa and Papua New Guinea. Prior to joining Aura, he was Executive General Manager for the Pueblo Viejo mine in the Dominican Republic, one of the world’s largest gold producing mines. Mr. Fenn holds a bachelor´s degree in mining engineering and is a registered professional engineer.

The BVI company also announced the appointment of Julio Cesar Beraun as the new General Manager of operations in Honduras effective September 26, 2019. Mr. Beraún is an industry professional who successfully led the engineering and implementation of innovation projects for optimization of mining procedures.

Orca Exploration published operational update on its activities

October 17th, 2019

BVI-registered Orca Exploration Group Inc. published an operational update on its current activities in Tanzania. According to the released information, company’s additional gas sales increased in August 2019. In September, Orca Exploration signed agreement with the Tanzania Petroleum Development Corporation to increase the maximum daily quantity of Additional Gas that can be supplied under Orca’s Gas Sales Agreement.

The BVI company is actively seeking for new sales opportunities in Tanzania, assisting the government to evaluate the potential to supply large volumes of natural gas to partners in East Africa. Also, Orca is discussing the expansion of its existing compressed natural gas business with commercial fuel distributors and other potential customers. Also, Orca is close to completion of the front-end engineering and design for compression for the Songas facility.

CEO of Orca Exploration Nigel Friend said in his comments: “The Government of Tanzania is actively looking at ways to utilise its significant indigenous natural gas resources to fuel industrial and economic growth for the benefit of the country and the wider East African region. We are encouraged by this increased activity and, in conjunction with our partner, TPDC, are evaluating the options to increase production from the Songo Songo field to ensure that natural gas is available to support the Government’s objectives in a timely manner”.