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Proactive news snapshot: Sirius Minerals, Collagen Solutions, OptiBiotix Health …

A glance at some of the day's highlights from the Proactive Investors newswire
Your daily round-up from the world of Proactive

Sirius Minerals PLC (LON:SXX) has struck an offtake deal to sell a large volume of the fertiliser product that will be produced from its North Yorkshire mine. The mine developer has agreed a deal with Wilmar Group, a Singapore listed agribusiness group, for the use and resale of the POLY4 exclusively in South East Asia.

Medical-grade collagen manufacturer Collagen Solutions PLC (LON:COS) has hailed the “strength and quality” of its sales pipeline ahead of what it expects will be a busy second half of the year. The AIM-quoted company has said all along that it expects this year’s results to be second-half weighted, a point it reiterated again on Thursday.

One of the world’s leading microbiome scientists is to present OptiBiotix Health plc’s (LON:OPTI) latest research at a large industry conference in San Diego next week. Professor Bob Rastall will speak at the Microbiome R&D and Business Collaboration on 2-3 November.

Vast Resources PLC (LON:VAST) told investors it intends to raise ‘a small amount’ of equity capital to maintain its ongoing operational activity. The company, in a statement, highlighted that it has been presented with a number of potential non-dilutionary finance options from metal traders and debt providers.

Flying Brands Limited (LON:FBDU) is hoping to use the data from its StoneChecker kidney stones medical imaging software product for a wider range of commercial applications than originally intended. There is also a higher level of interest than expected in publishing post-marketing research on the clinical usefulness of the StoneChecker software, the company said.

Giant observation wheel specialist Challenger Acquisitions Ltd (LON:CHAL) remains confident that full construction of the New York Wheel (NYW) project will recommence in the near-term. A court hearing is scheduled today in New York where the New York Wheel and the former wheel contractor will discuss the transition matters related to the extensive work done by the various subcontractors for the NYW Project.

Kin Group Plc’s (LON:KIN) return to AIM has been delayed after  the group decided first to carry out a share consolidation. Shares in the shell are suspended and trading had been expected to resume this week but the share consolidation will require the approval of shareholders in general meeting.

Anglo Asian Mining Plc (LON:AAZ) chief executive Reza Vaziri on Thursday told investors that the junior miner has been “extremely busy” on the ground in Azerbaijan. As production from the Gedabek mine has been ramping up and output has started at the Ugur open-pit, the company has turned attentions to exploration.

Jubilee Platinum PLC (LON:JLP) has seen a big increase  in revenues and profits  as platinum production from its tailings operation at the Hernic mine ramped up. Output from Hernic, in South Africa, rose to 2,874 ounces of platinum (PGM) in the three months to September compared to 808oz in the previous quarter.

Cadence Minerals Plc (LON:KDNC) revealed that its investee company  Auroch Minerals is now half way through its Tisová drilling program in the Czech Republic and has intersected the sulphide blanket as predicted in its 3D model.

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