Imdex Limited acquires 40% interest in Krux Analytics Inc.

1 minute read
24 April 2023

On April 24, 2023, Imdex Limited (ASX: IMD) ("IMDEX") announced that it had acquired a 40% interest in Krux Analytics Inc. ("Krux") for AUD $6.42 million in cash.

IMDEX is a leading global Mining-Tech company, which enables successful and cost-effective operations from exploration to production.  
Krux  is  a  Calgary-based  company  that  develops advanced  drilling  analytics  software,  with  application  for  real  time exploration  and  production  drilling data. 
Gowling WLG advised Krux with respect to this transaction with a team that included Steve Will and Melanie Condic.

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