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Proactive news snapshot: HemoGenyx Pharmaceuticals, Harvest Minerals, Touchstone Exploration …

Published: 15:40 14 May 2018 BST

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HemoGenyx Pharmaceuticals PLC (LON:HEMO) has signed a deal with an unnamed global pharma company to help develop its CDX antibodies – the company’s flagship treatment for blood cancer.

Harvest Minerals Limited (LON:HMI) said it has been informed by the Ministry of Agriculture in Brazil that it has conditionally approved the company's application to register KPfértil as a remineraliser, pending the submission of additional materials.

Trinidad focused Touchstone Exploration Inc (LON:TXP) told investors that first quarter production averaged 1,543 barrels of oil per day, representing a 21% increase compared to the same period in 2017. Output continued to ramp-up, with the rate rising to 1,669 bopd for the month of April and, currently, it measures around 1,772 bopd.

US Oil & Gas PLC (USOIL), in a statement after Friday’s market close, told investors that the Eblana-3 well has now been drilled and the initial results are described as “highly encouraging”. The company said the well was drilled down to a depth of 8,200 feet.

SkinBioTherapeutics PLC (LON:SBTX) has filed a patent application for a potential treatment that could help skin conditions such as eczema. The AIM-listed skin health company said the application covered the use of its SkinBiotix technology for increasing filaggrin levels in the skin

United Oil & Gas Plc (LON:UOG) has confirmed the completion of a 3D seismic exploration programme at the Tullow Oil operated Walton-Morant licence offshore Jamaica. The survey captured data over 2,250 square kilometres, of the large 32,065 licence area, and it included the Colibri target, which was estimated at some 200mln barrels.

Directa Plus Plc (LON:DCTA) is to add its graphene enhancement G+ to the range of jeans made by Arvind, one of India’s top textile groups. Arvind makes six million pairs of jeans every year using 100mln metres of fabric for household name brands such as Levi’s, Tommy Hilfilger, Wrangler and Gant and has established a reputation for innovation.

Hay fever vaccine specialist Allergy Therapeutics plc (LON:AGY) has published new data highlighting the effectiveness of its technology as an adjuvant compared to existing treatment. An adjuvant stimulates the body’s immune response to an antigen and helps it react quicker to the threat.

Eckoh PLC (LON:ECK), secure payment products and customer contact solutions provider, saw growth in revenues, margin and profit in the financial year just ended. In a trading statement covering the year to the end of March, the company said trading had been in line with market expectations.

ANGLE PLC (LON:AGL) has announced the appointment of leading NHS prostate cancer surgeon Greg Shaw as a scientific advisor to the company. The AIM-listed firm said joining its already established Scientific Advisory Board, Greg Shaw brings significant additional prostate cancer and UK NHS clinical experience.

Medical imaging services specialist IXICO Plc (LON:IXI) has signed a new contract with a top 10 pharmaceutical company that is an existing client.

Myanmar-language mobile apps developer MySQUAR Limited (LON:MYSQ) is on track to launch a mobile money platform later this year after signing a couple of key agreements.

StatPro Group PLC (LON:SOG) announced a top 10 global fund administrator is to migrate from StatPro Seven to the cloud-based StatPro Revolution. The conversion and extension contract is worth at least US$500,000 a year, StatPro.

Shefa Yamim ATM (LON:SEFA) has completed a bulk sampling campaign at the Kishon Mid-Reach Zone 1. The Northern Israel-focused precious stones explorer said the latest samples, BS-1228 and BS-1208, marked the end of a fourteen-sample bulk programme at the area, totalling 249 tonnes and 123 tonnes of basal gravel respectively.

Stratex International plc (LON:STI) said that it received full repayment of the loan it made to Australian firm Crusader Resources Limited (ASX:CAS) (LON:CAS) last year. In a statement, the AIM-quoted gold exploration and development company - focused on Turkey and Africa – said that, consequently, it has received a total of around A$1.623mln (£885,086).

Galileo Resources PLC (LON:GLR) highlighted final results from drilling at the Zambian Star zinc project where the company continued to unearth mineralisation. Assay results from the last eight holes of the programme were located in the vicinity of the southern periphery of a historic mineralised body.

KrisEnergy Ltd (SGX:SK3) reported a rise in quarterly revenue driven by improved prices. At 12,132 barrels oil equivalent per day, production for the three months was actually 10.9% lower than in the same period of the previous year – comprising 6,891 barrels of oil and 31.5mln cubic feet per day.

Caledonia Mining Corporation PLC (LON:CMCL) told investor that first quarter production, at 12,924 ounces of gold, was marginally higher than the same period of last year. A better gold price and better export terms, meanwhile, sees adjusted earnings some 51% higher year-on-year at 40.1cents per share.

Savannah Resources Plc (LON:SAV) shares edged higher on Monday after the resource development company took a step closer to obtaining mining licences for its two high-grade copper deposits in Oman. The AIM-quoted firm received letters of approval from all eight government ministries for the Maqail South and Mahab 4 licence applications.

Circle Property PLC (LON:CRC)  has agreed a new 15-year lease with BE Offices at its recently completed Somerset House redevelopment on Temple Street in Birmingham city centre. The AIM-listed firm said the agreement follows the recent letting of both ground floor restaurant units and means the property is now at 100% occupancy, five months after the redevelopment completed.

Berkeley Energia Limited has appointed Sean Wade as its chief commercial officer, responsible for identifying and leading strategic business development opportunities for the mining company. The AIM-listed firm said Wade is an experienced corporate executive with a background in mining and emerging markets.

Mirada Plc (LON:MIRA) said it is sad to announce the sudden death of Javier Casanueva, the company's non-executive chairman, on Saturday 12 May. The group said a board meeting has been convened for early this week to appoint an interim chairman.

Sound Energy PLC (LON:SOU) has appointed David Clarkson as a non-executive director of the AIM-listed upstream gas firm. The group said Clarkson - a chartered engineer - is a former senior executive at BP PLC (LON:BP.), where he served as senior vice president for projects & engineering for the blue chip oil and gas giant's upstream operations.

Telit Communications Plc (LON:TCM) said it has been that Goldman Sachs Group Inc has decreased its stake in the wireless technology company  to 929,768 shares, equivalent to a 0.7% stake in firm. Prior to the transaction, Goldman Sachs held a 5.8% stake in the company.

Base Resources Limited (LON:BSE) (ASX:BSE) advised that between 9 May 2018 and 11 May 2018 Diane Radley, a non-executive director of the company, acquired on market 500,000 ordinary shares in the group for consideration of A$0.25 per share.  Following the acquisition, Radley holds 500,000 Base Resources ordinary shares in total, which are held indirectly by Skabenga Investments.

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