Delivra Health Brands Inc. (TSX-V:DHB, OTCQB:DHBUF, FRA:3F0) CEO Gord Davey talked with Proactive about the upcoming launch of DreamWater Kids Sleep Gummies in the United States, highlighting the company’s data-driven innovation strategy and growing demand in the children’s wellness market.
Proactive: Exciting news about launching your DreamWater Kids Sleep Gummies in the United States. First, tell us about the gummies and the unique formula.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has spent years accumulating exploration acreage across Africa, but Friday's announcement marks something fundamentally different: a direct route to oil production revenues at a time when the commodity it hopes to sell has rarely been more valuable.
The deal, structured through Angolan independent Etu Energias, gives Chariot economic exposure to approximately 4,000 barrels of oil equivalent per day from Block 14, a mature, Chevron-operated deepwater asset offshore Angola that has produced more than 900 million barrels since 1999 and carries a licence now extended to 2038.
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF) is back drilling in Colombia at a moment of potential political inflexion, with new results from its Güíntar gold-copper-silver project in the Antioquia region confirming a large and growing mineralised system.
That's the headline from research by SCP Resource Finance, which maintains a buy rating and a C$0.60 price target on the Toronto-listed explorer against a current share price of C$0.19.
Ocean Power Technologies Inc (NYSE-A:OPTT) said on Friday it has secured a contract to supply a fully integrated WAM-V unmanned surface vehicle to an underwater research customer in the Nordic region.
The New Jersey-based company said the system will be assembled and shipped immediately, marking a further step in its expansion into Nordic markets, where it has been working with government and commercial end users.
Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) has announced that its subsidiary, Meren Coöperatief U.A., has signed a refinancing agreement for its reserve-based lending (RBL) facility, increasing borrowing capacity and extending the company’s debt maturity profile.
The amended facility provides total commitments of $600 million, with an accordion feature that allows the facility size to expand to as much as $1 billion. The proceeds will be used to fully refinance the existing RBL facility and cover related costs.
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed, rising around 10% to 1.23p, as the helium firm's Jameson project saw an implied valuation of some $148 million, as partner Greenland Energy Company began trading on NASDAQ (under the ticker GLND).
GLND ended its debut day, Thursday 26 March, with a market capitalisation of US$345 million.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has moved closer to securing cash-generating exposure to offshore Angola production after helping finance Etu Energias’ acquisition of stakes in Blocks 14 and 14K, a deal that gives the AIM-listed group economics linked to around 4,000 barrels of oil per day.
The company said a subsidiary of Etu has now signed a sale and purchase agreement to buy a 20% working interest in Block 14 and a 10% interest in Block 14K.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z), the AIM-listed AI-powered operator monitoring systems company, expects adjusted EBITDA to turn positive in both the third quarter and second half of its current financial year as approaching European road safety regulation drives a significant increase in automotive royalty volumes.
The company said royalties from automotive production volumes are projected to rise significantly in the coming quarters as the General Safety Regulation (GSR), which mandates driver monitoring technology in new European vehicles, moves into active implementation and OEMs transition their compliance strategies into production.
HyTerra Ltd (ASX:HYT, OTCQB:HYTLF) has signed a memorandum of understanding (MoU) with ARA Natural Resources LLC to jointly assess geologic hydrogen opportunities in Oman, giving the ASX-listed company an entry point into what it sees as one of the world’s most prospective natural hydrogen settings.
The 18-month exclusive collaboration brings together HyTerra’s geologic hydrogen exploration and appraisal expertise with ARA’s in-country operating, production and subsurface capabilities. The companies will review geological, geophysical and subsurface data across prospective areas in Oman, while also assessing regulatory, commercial and permitting pathways and engaging with government and industry stakeholders.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) has secured $20 million in a strongly supported institutional placement, with the fresh capital to be used to scale manufacturing and commercial operations for its flagship point-of-care test — the FebriDx respiratory infection test — in the United States.
The raise was announced at the same time as the US FDA granted a Clinical Laboratory Improvement Amendments (CLIA) waiver for FebriDx®.
Temas Resources Corp (CSE:TMAS, OTCQB:TMASF, FRA:26P, ASX:TIO) has established a Scientific Advisory Board (SAB) to support the commercial rollout and global development of its proprietary Regenerative Chloride Leaching (RCL) technology, as the company looks to expand licensing and partnership opportunities.
The board brings together hydrometallurgical and process experts to guide technical development, scale-up and deployment, while also assisting in assessing third-party mineral deposits and tailings for potential application of the RCL platform.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) has secured a major regulatory milestone in the US, with the Food and Drug Administration granting a CLIA waiver for its flagship FebriDx point-of-care test, significantly expanding its commercial reach across primary and outpatient care settings.
The approval follows 510(k) clearance and enables FebriDx to be used in a far broader range of healthcare environments, triggering US$5.5 million in milestone payments and opening access to a substantially larger patient population and addressable market.