#VELA investee co. #TRYB Tribe Technologies PLC – First autonomous RC Drill Rig Update October 1, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive technology-first developer and manufacturer of world-class autonomous mining equipment, provides the following update in relation to the Company’s autonomous reverse circulation (“RC”) TTDS GC 700 drill rig (the “Drill Rig”).   Following the arrival of the Drill Rig to the Australian Automation & Robotics Precinct (“AARP”) in Australia, as announced on 16 September 2024, the Company has conducted a review of the entire Drill Rig as part of…

Continue reading

#VELA investee co. #KING Igraine PLC – Fixit Medical Ltd Receipt of Grant from Innovate UK July 3, 2024 – Posted in: Vela Technologies Plc (VELA)

The Board of Igraine (AQSE: KING), an investing company focused on breakthrough innovative technologies and discoveries in the healthcare and life sciences sectors, wishes to notify its shareholders of an update on its investee company, Fixit Medical Ltd (“Fixit”) in which the Company own a 20% interest. Fixit Medical Ltd Award of £270,000 Grant: We are delighted to announce that Fixit Medical Ltd has been awarded a £270,000 ‘UK Smart Grant’ by Innovate UK for…

Continue reading

#VELA investee co. #TRYB Tribe Technologies PLC – Directorate change and appointment of CFO June 21, 2024 – Posted in: Uncategorized

Tribe Technology PLC (AIM: TRYB), a disruptive technology-first developer and manufacturer of world-class autonomous mining equipment, announces that, further to the Company’s notification on 10 January 2024, Eric Hampel has today formally stepped down from his position as chief financial officer (“CFO”) and director of the Company. Separately, and further to the Company’s notification on 30 May 2024, we are pleased to report that Kirsty McShane has now joined the Company as CFO (non-board). Kirsty…

Continue reading

#VELA investee co. #TRYB Tribe Technology PLC – Operational update and proposed CFO appointment May 30, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous drilling equipment for the mining industry, provides the following updates in relation to the Company’s reverse circulation (“RC”) drilling cyclone and sample splitting system, the Company’s first TTDS GC 700 drill rig and progress in relation to appointing a new Chief Financial Officer (“CFO”). RC drilling cyclone and sample splitting system The Company is pleased to report the sale and shipment of its…

Continue reading

#VELA investee co. #TRYB Tribe Technologies PLC – Unaudited half year results March 28, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, announces its unaudited half-year results for the six months ended 31 December 2023 (“H1 2024” or the “period”). H1 2024 Operating Highlights During the period the Company made significant progress in the product development of the first generation autonomous TTDS GC 700 drill rig for delivery to Major Drilling Group International Inc (“Major Drilling”) (“Rig 1”), continued manufacturing its TTDS GC…

Continue reading

#VELA investee co. #TRYB Tribe Technology PLC – Joint Development Agreement with Veracio February 28, 2024 – Posted in: Blog, Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, is pleased to announce that it has entered into a joint development agreement (the “Agreement”) with Veracio Australia Pty Ltd (“Veracio”) a pioneering technology company with a principal focus on orebody knowledge. Veracio, a subsidiary of Boart Longyear, provide mineral exploration and mining companies with a range of technology solutions that are specifically designed to improve the speed, richness and reliability…

Continue reading

#VELA investee co. #TRYB Tribe Technology PLC – Directorate Change January 11, 2024 – Posted in: Uncategorized

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, announces that Eric Hampel has notified the Company of his intention to step down as Chief Financial Officer (“CFO”) and as a director of the Company, due to personal circumstances. Eric will remain as CFO and as a director of the Company until July 2024. Eric will remain focused on running the Company’s finance function and continue to support Tribe Tech…

Continue reading

#VELA investee co. #TRYB Tribe Technology PLC – Term Facility secured with Beach Point Capital October 25, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, is pleased to announce that it has entered into a £3.0 million secured term loan facility agreement with BPC UK Lending DAC (the “Lender” or “Beach Point Capital”) (together the “Facility”).   Highlights   ·    Injection of £3.0 million into the business to principally refinance the Company’s legacy debt arrangements and further progress its previously outlined execution strategy. ·     Following drawdown…

Continue reading