Friday, May 17News That Matters

Nuformix to fund its unlicensed programs with NXP001 windfall

Cloud PR Wire
–News Direct– Nuformix PLC (LSE:NFX) executive director Dr Dan Gooding speaks to Proactive after the pharmaceutical development company announced it is to receive new immediate and near-term milestone payments as part of an update to its NXP001 exclusive licensing agreement with Oxilio Ltd. Dr. Gooding explains that Oxilio has now purchased patents from Nuformix that it had previously been licencing, resulting in significant near-term payments to Nuformix. This financial boost will aid Nuformix in advancing their unlicensed programs, specifically NXP002 and NXP004. Despite the patent sale, Nuformix retains future value from NXP001 through development milestones and royalties. Dr. Gooding also highlights Nuformix's work with NXP002 on lung fibrosis, a severe disease with limited t...

Bens Creek CEO says shareholders should “look out” for next production figures

Cloud PR Wire
–News Direct– Bens Creek Group PLC (AIM:BEN, OTC:BENCF) CEO Adam Wilson speaks to Thomas Warner from Proactive after the metallurgical coal producer released its final results for the year to 31 March 2023 – a period Wilson describes as "tough" mostly as a result of a heavy fall in metallurgical coal prices. He gives an overview of the financial results, highlighting that Bens Creek is "still a company that is being built" having only been founded in 2021 and drawing attention to a dramatic increase in production not only during the reporting period but also since. Wilson expresses confidence about the company's future, highlighting increased production, reduced costs, and a brighter outlook for the end of the year. He also hints at potential divid...

Shield Therapeutics “couldn’t be more pleased” with Viatris collaboration

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–News Direct– Shield Therapeutics PLC (AIM:STX, OTCQX:SHIEF) CEO Greg Madison speaks to Thomas Warner after a busy week for the commercial stage pharmaceutical company, which included the release of its interim results and the announcement of a major fundraise. He highlights the success of the fundraise, which comprised US$20 million from a new senior debt facility as well as an equity fundraise (split between a share placing, a subscription and an offering to retail investors) that brought in an additional US$6 million. He explains that the new funding is going to be put to use in "paying off an existing loan, increasing our working capital needs and then certainly some commercial investments to accelerate the curve that we're seeing here." The curve he describes...

CleanTech Lithium “very pleased with how projects have been advancing” in Chile

Cloud PR Wire
–News Direct– CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) CEO Aldo Boitano speaks to Thomas Warner from Proactive following a flurry of news updates from the Chile-focused sustainable lithium projects developer. Boitano discusses the results of a recent scoping study at its Francisco Basin Project, emphasising its positive economics and the company's plans to expand resource scoring with further drilling by year-end. He also mentioned the Laguna Verde project, situated at 4,400 meters in the interior of the Copiap area in the Atacama Desert. Additionally, Boitano touches on exploration projects Llamara and Salar de Atacama basin, noting the latter holds 46% of the world's reserves. With a combined net present value exceeding $3 billion, these projects are moving into mat...

Rainbow Rare Earths raises funds and signs LOI for potential new revenue stream

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–News Direct– Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) CEO George Bennett speaks to Thomas Warner from Proactive after the magnet rare earth metals company announced a placing and the signing of a letter of intent with NEXUS Intertrade that will see the Rainbow Rare Earths clean up gypsum stockpiles for sale by NEXUS. Bennett says that the 4.5mln placing was executed at a negligible discount to the market price and replenishes the funds used to secure 100% of the Phalaborwa project. The funds will also support the completion of their pilot plant and their DFS study, currently slated for Q2 2024. Bennett also highlights the letter of intent with NEXUS Intertrade, emphasising Rainbow's commitment to making Phalaborwa an environmentally-friendly project. They are addressing envi...

Bradda Head Lithium happy with cash position after $2.5mln payment

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–News Direct– Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) executive chairman Ian Stalker speaks to Thomas Warner from Proactive London after the exploration company announced an updated mineral resource estimate for its Basin Project in Arizona. The new resource estimate is 17 million tonnes in the indicated category at 940 parts per million (ppm) carrying 85,000t LCE (lithium carbonate) and 210 million tonnes in the inferred category at 900 ppm, carrying 1 million tonnes of LCE. The figures have triggered a payment of $2.5 million from the Lithium Royalty Company (LRC). Stalker explains that the money has helped consolidate Bradda Head Lithium's financial position to such an extent that there is no imminent need to raise funds. He adds that the company has so ...

BingX Reveals Comprehensive Analysis on Potential Altcoins Growth for Q4 2023

Cloud PR Wire
–News Direct– SINGAPORE – Media OutReach – 5 October 2023 – BingX, a leading cryptocurrency exchange platform, has released an in-depth analysis of tokens that could potentially see a huge price increase in Q4 2023. The Altcoins Research Report provides valuable insights for investors looking to capitalize on the next big altcoins surge. Key Highlights from the Report: 1. Bitcoin Price Prediction: Despite Bitcoin's impressive market capitalization of $550 billion, its price is unlikely to double in Q4 2023. The estimated probability of the highest price being at $28,300 is 80%, $29,761 at 21%, $31,000 at 5%, and the lowest price at $26,000. 2. Factors Influencing Token Growth: Market Capitalization: Tokens with market caps below $5 billion have a higher chance of increasing...

INNOHAS to Unveil ‘Sunlit Foods’ Brand and Expand into the European Plant-Based Foods Market at ANUGA 2023

Cloud PR Wire
COLOGNE, GERMANY, October 05, 2023 – (SeaPRwire) – INNOHAS, a leading specialist in plant-based foods, is set to make its mark on the European plant-based foods market following its successful ventures in the United States. The company is gearing up to participate in the prestigious international food fair, ANUGA 2023, held in Cologne, Germany, from October 7th to 11th. At this event, INNOHAS will proudly introduce its new overseas export brand, “Sunlit Foods,” furthering its mission to capture global markets with innovative plant-based offerings. INNOHAS will occupy a prominent booth in the ANUGA MEAT Hall, where visitors can indulge in a tantalizing tasting experience featuring ten sorts of ready-to-heat plant-based products. This delectable lineup includes favorites like plant-bas...

“Being The Way” by Rev. Patrick McAndrew: A Profound Journey of Spiritual Awakening

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New York City, New York Oct 4, 2023 (Issuewire.com) – “Being The Way” by Rev. Patrick McAndrew is a remarkable exploration of spirituality and personal transformation that is as enlightening as it is inspiring. This book is a testament to the transformative power of spiritual awakening, offering readers a unique perspective on the journey of Jesus after his baptism on the River Jordan. McAndrew’s writing is both profound and accessible, making complex spiritual concepts easy to understand. His personal experiences and insights add a layer of authenticity and relatability to the narrative, making it a compelling read for anyone seeking spiritual growth. The book is not just a retelling of Jesus’s journey, but an invitation to the reader to embark on their own journey of self-discovery a...

AXA Climate Joins as Gold Sponsor for the Future Sustainability Forum

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Dubai, 4th October 2023, ZEX PR WIRE, AXA Climate, a prominent voice in promoting sustainable practices and environmental responsibility, becomes part of the Future Sustainability Forum, organised by Dubai International Financial Centre (DIFC), as a gold sponsor taking place in Dubai on October 4-5. AXA Climate will host pivotal discussions and presentations regarding the profound influence of sustainable solutions in the regions at the forum. With UAE set to host the COP28 summit from 30th November to 12th December 2023, this forum presents the world an opportunity to help bolster climate financing and implementation of sustainable solutions. Global sustainability visionaries and innovators unite to exchange their insights and actionable strategies. In recent years, the financial secto...