Biotech group Tiziana Life Sciences (TILS), whose shares have finally rallied from below 50p to around 70p in recent days, in the run up to heading for pastures new in the U.S., underlined the merits of the move as the company garnered an appearance on Bloomberg Markets.
By Zak Mir
Howard Weiner Harvard Medical School Professor and Tiziana Life Sciences Chief Scientific Officer, said “We ultimately need a 3rd vaccine about 6-8 months after the first dose.” Today the company announced New Tiziana’s reorganisation will be achieved by a scheme of arrangement, and that there will be general meeting on 27 September 2021.
Symphony Environmental Technologies (SYM) made further progress in announcing that following the recent approval, from the FDA for its d2p antimicrobial food contact technology, it has now received approval from Health Canada for its use in bread packaging. Approval for Symphony’s d2p antimicrobial food contact technology, applies to polyolefin and polyester multi-layer films for wrapping bread, so as to inhibit the growth of bacteria on the surface of food packaging film.
Crypto miner Argo Blockchain (ARB), whose shares have so far managed to trade significantly higher than before last month’s rather vindictive bear attack, unveiled its August operational update. This shows the way that the company continues to be something of a crypto ATM. Last month it mined 206 Bitcoin compared to 225 BTC in July. This brings the total amount of BTC mined year-to-date to 1,314 BTC. Mining revenue in August amounted to £6.83 million (July 2021: £5.60 million).
Argo generated this income at an average monthly mining margin of approximately 86% for the month of August (July 2021: 83%). Argo sold 61 BTC at an average price of £35,324.94 ($48,800) per BTC, generating cash of £2.14 million. Altus Strategies (ALS) said it has completed the second and final closing of the recently announced agreement to acquire an effective 0.418% net smelter return royalty interest on the producing Caserones Copper Mine, located in the Atacama region of northern Chile. Altus is acquiring the NSR interest for $34.1 million through a strategic 50:50 partnership with NYSE American and TSX Venture exchanges listed, EMX Royalty Corporation.
Argentina focused energy company President Energy (PPC), provides an update in relation to the farm-out agreement in relation to the Pirity Concession, Paraguay. In June President said that a conditional farm-out agreement had been executed and that completion of the agreement was conditional on the approval by the relevant regulatory authorities in Paraguay. The company has now received this and the term of the exploration concession will now expire on 12 September 2023. If a discovery is made in the meantime, application can be made to convert the relevant area into an exploitation licence.
In a somewhat unusually set out RNS, Anglesey Mining (AYM) unveiled its final results. For those keen enough to go through it, the company said that several key operational milestones over the past year had been achieved, including income for the year of £3.7 million. Significant progress was made on its Parys Mountain project, iron ore projects in Sweden and Canada, and in raising new financing of over £1m. The completion in January 2021 of an independent Preliminary Economic Assessment on Parys Mountain was regarded as the highlight, demonstrating that a major copper-zinc-lead mine can be developed on the island of Anglesey in North Wales.
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