K2fly gets RCubed

AUSTRALIAN Securities Exchange-listed technology company K2fly takes ownership of the RCubed resources and reserve reporting software after satisfying a number of condition precedents as it acquires the assets and associated entities of South African software designer Prodmark.

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K2Fly CEO Brian Miller

K2fly signed a binding heads of agreement with Prodmark last month to take over its assets, which included the RCubed resources and reserve reporting software.