Archive for December, 2017

Premier African Minerals announced Loan Conversion

Saturday, December 30th, 2017

British Virgin Islands-based company Premier African Minerals Limited announced that its chairman and CEO George Roach has elected to convert US$100,000 of the US$300,000 loan which was provided by him to the company on 15 September 2015. This is an unsecured loan which accrued interest of US$315,096 at 6 December 2017.

This loan can be converted at any time into new ordinary shares at a price of 0.5p per new share. Premier African Minerals has therefore issued 14,964,020 new ordinary shares to George Roach; the conversion shares will rank pari passu with the existing ordinary shares. Application will be made for admission to trading on AIM. George Roach will be interested directly and indirectly in aggregate in 476,751,154 ordinary shares which represent 7.25% of the enlarged issued share capital of the Company.

BVI company to demonstrate Driving Automotive Innovation at CES 2018

Saturday, December 23rd, 2017

Luxoft, the global IT service provider of innovative technology solutions, announced that it will show its latest digital innovation at CES 2018 which will take place in Las Vegas, U.S., on January 9 – 12, 2018. The BVI corporation will showcase Autonomous Driving and Connected Mobility services.

Each of Luxoft’s demonstrations will show the latest technology solutions driving innovation at world leading OEMs in the automotive sector – including next generation pixel-to-silicon hardware and software solutions, Human Machine Interface (HMI) systems and connected car services designed and engineered by Luxoft.