MPH advises Reward Minerals Limited regarding JV with FMG
MPH recently advised ASX-listed Reward Minerals Limited (ASX:RWD) regarding a $2 million farm-in and joint venture arrangement with FMG, whereby FMG has the ability to earn an 80% interest in the gold and base metals rights in relation to certain Reward tenements located in the McKay Range, north-western Western Australia, by funding exploration focussed on those metals. Under the arrangements, Reward retained all rights to evaporite minerals such as potassium and magnesium on the tenements and, in addition, successfully negotiated with FMG to be granted rights over the same minerals on two FMG tenements in the area for a nominal sum. The transaction allows Reward to have ongoing exposure to exploration upside from non-core tenements in its portfolio, whilst it continues to focus on its flagship advanced-stage Lake Disappointment sulphate of potash project.
MPH advises ASG on multi-million dollar acquisition of technology services provider 1ICT
MPH has acted for leading digital transformation business and longstanding client ASG Group Limited in connection with its acquisition of Brisbane-based specialist technology services provider 1ICT Pty Ltd.
1ICT has a workforce of over 130 employees in Australia and India, boasts vendor partners including Microsoft, HP, Cisco, Dell, Amazon Web Services (AWS), Samsung and others and services small, medium and large organisations (ranging from government to non-profits, publicly listed companies and private enterprises). MPH was involved in all aspects of this synergistic acquisition, providing legal and strategic advice in relation to ASG’s offer, the due diligence process, Share Purchase Agreement and associated transaction documentation.
MPH WELCOMES NEW STAFF MEMBER, ALEX PENTER
We are very pleased to announce Alex Penter joining MPH. With a Bachelor of Laws and a Bachelor of Commerce, Alex is a strong addition to our Corporate and Commercial team.
Alex commenced employment in the energy industry, where he gained a broad range of regulatory law experience. Prior to joining MPH, Alex worked at a boutique Western Australian law firm specialising in corporate and commercial law.
As a member of our Corporate and Commercial team Alex practises in a wide range of matters, including corporate transactions, capital raisings, commercial drafting, due diligence investigations and compliance.
Exclusive investment presentation: FBR and Fleetsu
For our exclusive investment evening tonight, MPH welcomes presenters Jakub Felinski from Fleetsu and Mike Pivac from FBR. The events are designed to introduce public and private companies to our investor group. Presentations are held, in a relaxed atmosphere while enjoying a glass of wine and nibbles.
FBR Limited (formerly Fastbrick Robotics Limited) (ASX:FBR) designs, develops and builds dynamically stabilised robots to address global needs. These robots are designed to work outdoors using the company's core Dynamic Stabilisation Technology (DST™). FBR is commercialising products for the construction sector together with DST-enabled solutions for other industries. Find out more about FBR here
A Telematics platform to make your fleet data work for you. Fleetsu gives you the power to deliver the fleet management of the future, today. a world-class, innovative, fleet management platform that is user-driven and scalable, enabling you to grow, hit current targets and achieve outcomes you haven’t even thought of yet. Find out more about Fleetsu here
MPH Supports MADALAH in 2019
MPH is proud to support MADALAH once again in 2019.
MADALAH provides Secondary and Tertiary education scholarships for Indigenous students from remote and regional communities to West Australia’s leading schools and Australian universities.
You can find out more about MADALAH here
The insolvent corporate trustee's right of indemnity
On 19 June 2019, the High Court delivered its decision in Carter Hold Harvey Wood Products Australia Pty Ltd v The Commonwealth  HCA ("the Amerind decision").
In doing so, the High Court has now provided clarity and certainty about whether s 433 of the Corporations Act 2001 (Cth) ("the Act") applies to trust assets in circumstances where the insolvent company is acting as trustee for a single trust.
Read Greg O’Shannessy’s full article here
MPH Supports Rafiki in 2019
Congratulations to Rafiki on another successful fundraising event at this year's Rafiki Ball.
For the past 16 years, MPH has been a major supporter of Rafiki, an Australian and Tanzanian non-government organisation. Rafiki's mission is to help Tanzania deal with its reconstructive surgery needs whilst at the same time assist in capacity building through the transfer of surgical, anaesthetic, physiotherapy and nursing skills to medical professional in Tanzania.
You can find out more about Rafiki here