Technology solutions provider Catenae Innovation (CTEA) said it had that it has signed a collaboration agreement with ProMake Limited, a specialist in material science and medical innovations.
By Zak Mir
Under the terms of the agreement, Catenae will be the exclusive provider of data management services to ProMake to fulfil its position on the Public Health England National Microbiology Framework. ProMake’s intellectual property / technology uses graphene and other nano-materials within an injection moulded ‘PreVent’ tube, which a patient blows into in order to provide medical samples. The deal adds credibility to CTEA’S own technology given that it is now up at the top table as far as PHE is concerned.
Canada and Australia focused minerals exploration group Panther Metals (PALM) said it had, is acquired 1,128 claims, over the Obonga Greenstone Belt located approximately 80km north of the Lac Des Iles Mine in the Province of Ontario Canada. The acquisition of claims results from an agreement with Broken Rock Resources and Panther’s own claim staking strategy.
Copper and gold producer, explorer and developer Rambler Metals (RMM) updated on its ongoing 2021 Diamond Drill Program at the Ming Mine, Baie Verte, Newfoundland. It said initial results returned multiple intersections of high-grade copper from the Lower Footwall Zone and it plans to update the resource definition for Ming Mine to include all the new drill data from 2021 and in 2022 to update the mine plan and Reserve statement.
Events appear to be accelerating at Cyprus focused exploration group Caerus Mineral Resources (CMRS), as it unveiled an Option Agreement with Bezant Resources (BZT) with regard to the development of the copper and gold-bearing hard rock resources within Caerus’ portfolio.
Caerus has granted Bezant 18 months to assess the merits and economic prospects of all Caerus unexploited hard rock mining assets. Under the Agreement, Caerus will receive 70% of Joint Venture cash flow until Caerus’ expenditure during the pre-mining exploration phase has been reimbursed. Recently Caerus established a programme with Jubilee Metals Group (JLP) for metal recovery from surface mining residues within Caerus’ licence areas under the company’s waste to revenue strategy. Bezant is the second of the “Colin Bird Stable” of listed companies Caerus has done a deal with.
Another Colin Bird Stable company was in focus today in the form of Galileo Resources (GLR) which has entered into a variation agreement with ASX listed Sandfire Resources in relation to its conditional licence sale agreement with Sandfire. The agreement removes the option for Sandfire to elect to pay the Success Payment under the Licence Sale Agreement by issuing Sandfire shares to Galileo which means the Success Payment if due will be paid in cash. The companies have agreed to amend the Licence Sale Agreement to facilitate the continuity of exploration expenditure on the Included Licences.
Botswana focused exploration company Kavango Resources (KAV) said that Kanye Resources has completed the acquisition of 8 new prospecting licences in the Kalahari Copper Belt for a total consideration of US$430,000. Kanye is a 50/50 Joint Venture with Power Metal Resources (POW) Kavango is the operator of Kanye.
Tertiary Minerals (TYM) said that Luangwa Minerals has entered into an Option Agreement with Mwashia Resources to acquire up to a 90% joint venture interest in five Large Exploration Licences in Zambia considered prospective for copper. The agreement covers Exploration licence 27069-HQ-LEL, the Jack’s Licence, and rights to option four additional and separate licences on the same terms. Jack’s Licence is underlain by Lower Roan Group rocks which are known to host the major copper mines in the Central African Copperbelt.
Fans of UK Oil & Gas (UKOG) may understandably be pinning a lot of their hopes regarding its prospects in Turkey as opposed to here in the UK. Today UKOG said it has been informed by Aladdin Middle East, the operator of the Basur-3 (“B-3″) appraisal well where UKOG 50% interest that the rig has performed a successful recovery operation to free a directional drilling assembly stuck in its 12¼” hole section and return it safely back to surface. The incident occurred after the well had made good progress, reaching a drilled depth immediately above the Garzan and Mardin target objectives, which remain untested.
CyanConnode Holdings (CYAN), which specialises in Narrowband Radio Frequency (RF) Smart Mesh Networks, said it has received a contract from Schneider Electric for a smart metering deployment in Northern India. CyanConnode will supply 152,000 Omnimesh Modules and this is expected to commence within Q3 2021, with all modules being supplied within twelve months.
Sustainable plastics products group Symphony Environmental Technologies (SYM) has entered into a significant collaboration with Meditechs Global. This collaboration is intended to accelerate and expand sales of d2w and d2p technologies and finished products in China and globally, through Meditech’s established network. Meditech will purchase trial quantities of Symphony’s d2p and d2w additives for manufacturing prototype batches of gloves, seeking certification of the gloves for sale in the EU and the US under PPE, Medical Device and Food Contact regulations.
Aquis Exchange (AQX) said that its core Aquis Exchange division achieved a new record for the business, achieving a monthly market share of pan-European trading of 6.2% in July 2021, a new record for the business. The challenge for Aquis in the UK is the historic monopoly position of the London Stock Exchange (LSE), which for some reason it does not seem too keen to give up.
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