Microsaic (MSYS) announced the addition of a new technology capability to its platform. This latest addition to the platform is expected to launch in H1 2022.
By Zak mir
The company said Mass Spectrometry is often considered the gold standard analytical technique for laboratory-based diagnosis. Microsaic’s compact technology allows for MS analysis at the point of need, providing the unique capability to detect a large range of chemical entities in Human Diagnostics and Environmental Monitoring.
It would appear that Mr William Currie is happy to take up the cause for online threat hunter Brandshield Systems (BRSD) as a value tech play, topping up his 3.39% stake to 4.6%.
Horizonte Minerals (HZM), the nickel development company focused on developing its ferro-nickel project in Brazil, announced its unaudited financial results for the three month period to 30 September 2021. During the period the company received credit approval from a syndicate of international financial institutions for a senior secured project finance facility of up to $346.2 million to fund the construction and development of Araguaia. It also made significant progress on key Araguaia execution preparation activities, including competitive tendering for supply of key processing equipment, electric furnace and project management services.
Altus Strategies (ALS) announced its unaudited financial results for the three-month and nine-month periods ending 30 September 2021. Post period the company was in receipt of a maiden royalty income of $1.34 million in respect of the Company’s NSR royalty on the Caserones copper mine in northern Chile (before local Chilean and UK taxes). There was an upgraded Mineral Resource Estimate prepared for Tabakorole gold project in Southern Mali, resulting in a 24% increase in indicated ounces and a 7% increase in inferred ounces, with 70% of the deposit subject to the MRE within 150m of the surface. High grade intersections including 21.9 g/t Au over 10.2m from 28m were achieved from DD at Diba gold deposit in western Mali.
Powerhouse Energy Group (PHE), the UK technology company commercialising hydrogen production from waste plastic, revealed that its development partner Hydrogen Utopia International PLC (HUI) has signed a framework agreement with Linde Engineering. The framework agreement provides Linde Engineering with a five year exclusivity to supply HUI in HUI’s development of Powerhouse DMG® technology particularly in Poland, Hungary and Greece. According to the Daily Express the deal could be worth £1bn.
Quantum Blockchain Technologies (QBT) updated on the latest hearing regarding the legal action started by Sipiem SpA. QBT said it was “extremely pleased” with the outcome of the hearing, as the Court has paved the way for the filing of important written evidence in support of the claim against Sipiem’s previous board and internal audit committee. The company looks forward with increasing confidence to the conclusion of this legal claim, whilst continuing to focus on its new research and development programme and related ventures.
United Oil & Gas (UOG), which has a portfolio of production, development, exploration and appraisal assets, announced the spudding of the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt. Drilling of the AJ-13 development well, which will target stacked Upper and Lower Bahariya reservoir targets, has commenced. The well will take approximately 65 days to drill and complete and is fully funded from operational cashflow. AJ-13 can rapidly be brought into production, generating revenue.
Firering Strategic Minerals (FRG), an exploration company focusing on the production of critical minerals, said that its shares will be admitted to trading on AIM today. The company has raised gross proceeds of £4.0 million through the issue of 30,769,230 Placing Shares priced at 13p each, giving it a market capitalisation of £11.3m. Firering’s portfolio of projects in Côte d’Ivoire includes the flagship Atex Lithium-Tantalum Project, which has a lithium exploration licence already in place.
PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61, delivered an operational update. The company said that after considerable technical review, it took a careful and measured approach to its two well fracking program earlier this year to ensure that its assumptions were correct. It is set to extend the program this year to another five wells and further boost production on its licence 61 asset.
Anglesey Mining (AYM) offered a half yearly report for the six months to 30 September 2021. The company said it looks forward to sharing the results of the current Parys Mountain work programmes with investors over the coming months as the drilling is completed and assays returned. It also expects to be in a position to report the results of the PEA on Grängesberg early in the New Year.
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