VANCOUVER, British Columbia, Dec. 19 (Korea Bizwire) — Sabina Gold & Silver Corp (TSX:SBB.T), (“Sabina” or the “Company”) is pleased to announce that Zhaojin International Mining Co., Ltd. (“Zhaojin International”) has agreed to purchase 24,930,000 common shares of the Company at a price of $2.65 per share for a total investment of approximately $66,100,000 in [...]
WOODSIDE, Calif. and NEW YORK, Dec. 14 (Korea Bizwire) — GSV Asset Management, LLC (“GSV”), a modern merchant bank that identifies, advises, and invests in the fastest growing, most dynamic companies in the world – the Stars of Tomorrow – today announced a strategic investment from a group led by HMC Capital (“HMC”), a leading Latin American advisory and investment [...]
TORONTO and NEW YORK, Dec. 11 (Korea Bizwire) — Tier1CRM (Tier1), a provider of cloud-based customer relationship management (CRM) solutions for the capital markets industry, announced today that it raised $34 million (USD) in growth equity financing from a group of investors led by Wavecrest Growth Partners, with participation from MassMutual Ventures and Salesforce Ventures. [...]
SEOUL, Nov. 30 (Korea Bizwire) — SK Innovation Co. said Thursday it has decided to invest more than 1 trillion won (US$925 million) to boost electric vehicle battery production capacity to meet growing demand. The South Korean EV battery maker said it is set to break ground on a 840 million-won plant in Hungary in [...]
SEOUL, Nov. 17 (Korea Bizwire) — Capital spending among chipmakers is expected reach US$90.8 billion this year, an industry tracker said Friday, with South Korea’s Samsung Electronics Co. leading the pact. According to the data compiled by IC Insights, Samsung Electronics’ annual facility investment for this year is estimated at $26 billion, accounting for more [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea will expand investment in the development of personalized medicine using big data to help foster startup companies in the biotechnology industry, the commerce ministry said Monday. Personalized medicine offers particular treatment to individuals, which requires the establishment of a national database on genetics and other health-related information. [...]
SEOUL, Sept. 28 (Korea Bizwire) — SK hynix Inc. said Thursday it will build a new research and development (R&D) center with an investment of 200 billion won (US$ 174 million). South Korea’s No. 2 chipmaker said the center will be located in Icheon, 80 kilometers south of Seoul, which is also the home of [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korean banks sharply scaled up their investment in tech startups in the first half of the year with their lending to the sector climbing solidly, the financial regulator said Thursday. Domestic lenders’ investment in low-credit startups with a high level of technology stood at some 1.2 trillion won [...]
TORONTO, Canada, Sept. 25 (Korea Bizwire) — Penfund, an independent provider of junior capital to middle market companies in the United States and Canada, announced today an incremental investment in Give & Go Prepared Foods Corp. (“Give & Go” or the “Company”) by Penfund Capital Fund V (the “Fund”). The Fund provided an additional US$15 [...]
TORONTO, Aug. 25 (Korea Bizwire) — The Centre for Aging + Brain Health Innovation (CABHI) announced today the second round of funding available through its Industry Innovation Partnership Program (I2P2). This program is designed to enable successful applicant companies worldwide to accelerate the evaluation and adoption of their innovative products and services that can help [...]