Nanoco Group (NANO), a specialist in the development and manufacture of cadmium-free quantum dots, announced that a term sheet for a no fault settlement of the current litigation has been agreed between Nanoco and Samsung. The Parties now have 30 days to agree the detailed terms of a binding agreement.
Asiamet Resources (ARS) announced the signing of a MoU with BGRIMM Technology Group in relation to the Engineering and Procurement of the Solvent Extraction and Electrowinning plant for the BKM Copper project processing facility. ARS said the collaboration with BGRIMM on the SX-EW component of the BKM Copper processing facility. BGRIMM has already assisted its engineering consultants NewPro with various equipment pricing used in the FS Update Capex estimate as well as costs for executing the Engineering and Procurement services necessary for delivery of the SX-EW plant.
Red Rock Resources (RRR), the natural resource development company, announced the results of second batch of 380 samples (including QAQC) from its recently completed 2022 RC drilling exploration programme in Bilbale in Burkina Faso conducted by the Company’s wholly owned subsidiary, Faso Greenstone Resources SARL. The company said the initial scout drilling programme of seven holes across two locations in the extremely promising Bilbale licence produced, in the first phase at the Djikologo target, gold intersections in three of the four holes drilled, with three relatively high grade intersections in the BilR22-03 drillhole including 20m at 3.19 g/t gold from 22m depth.
Omega (ODX), the specialist medical diagnostics company, announced that it has now received the maiden purchase order for its FoodPrint® system from a CLIA certified laboratory in the United States, and has appointed a new US importer for FoodPrint® kits. The company said the US is the single largest market for food sensitivity testing globally, with an ever-increasing demand for personalised medicine, and is a focus area for growth plans. This installation reflects a key milestone in its expansion plans.
One Media (OMIP), the digital media content provider, updated for the year ended 31 October 2022. The Group’s core business of music exploitation continues to perform in line with expectations and the Company expects to deliver revenue of c. £5.1 million (reflecting year on year revenue growth of c. 16%) and EBITDA of c. £1.8 million for the year to 31 October 2022. The outlook for the music industry, despite wider market challenges, remains on a strong and positive growth trajectory.
Emerging sustainable battery materials producer, Neometals (NMT) announced that Primobius GmbH, the joint venture company owned 50:50 by Neometals and SMS group GmbH, has executed revised agreements with Stelco Holdings Inc. Under the revised technology licensing agreement and option agreement, Stelco has extended the option exercise timeline for Primobius to buy-in to its lithium-ion battery special purpose vehicle
Live Company (LVCG) announced that KPOP LUX Limited (a division of Live Company Group) have signed an agreement with SBS to create a concert in Madrid in July 2023, and a 3-day festival in London during September 2023. SBS are the broadcasting company that put together the hugely successful Frankfurt Kpop. Flex concert in May 2022 and will now partner with KPOP LUX Limited to create these events.
Quantum Blockchain Technologies (QBT) updated the market with the latest advances by its research and development team, which is working at developing proprietary methods to mine Bitcoin more cheaply, quickly and with improved energy efficiency. QBT is pleased to announce that it has retained Dr Lov Kumar Grover, as a special consultant for the theoretical assessment of the company’s proprietary quantum version of SHA-256.
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