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Proactive news snapshot: OptiBiotix Health, Metal Tiger, Kefi Minerals, EQTEC...

A glance at some of the stories on the Proactive newswire today...

OptiBiotix Health plc (LON:OPTI) has signed a supply deal covering New Zealand and Australia with Pharmabiota.

The New Zealand-based firm, which has a growing retail pharmacy partner network throughout New Zealand and Australia, has committed to an initial purchases of 10,000 boxes each of three different products from OptiBiotix, each of which contains the company’s LPLDL technology, which is designed to reduce “bad” cholesterol.

KEFI Minerals plc (LON:KEFI) has agreed a finance package for the construction of the bulk of its Tulu Kapi gold mine in Ethiopia.

Infrastructure specialist Oryx is to put up US$135mln in new debt through a lease and payback arrangement that will also see it become the processing plant operator.

Metal Tiger Plc (LON:MTR) told investors it expects to release a resource upgrade in August for its T3 exploration project in the Kalahari copper belt in Botswana.

In a project update from its Botswana joint venture with MOD Resources, where it has a 30% stake (plus a 4.86% shareholding in MOD), the company confirmed that all sample assays have now been received from previous infill and extensional drilling.

EQTEC Plc (LON:EQT) has unveiled a new agreement, which will see it acquire assets from the company’s majority shareholder.

The acquisition will be supported by a new fundraising, via a placing of new shares, and is expected to create ‘a leading company in waste gasification to energy”.

Amur Minerals Corporation (LON:AMC) has revealed the results of independently calculated cost estimates for its Kun-Manie nickel-copper sulphide project in the Russian Far East.

Consulant RPMGlobal Asia Limited used a first principles approach to estimate the costs of open pit and underground mining, processing, all other site related costs and the cost of concentrate transport to the Ulak rail station.

Eurasia Mining plc (LON:EUA) has been granted a discovery certificate for the 1.9 mln ounces of palladium equivalent at its Monchetundra project in Russia.

The granting of the certificate follows swiftly on from the application, announced on 15 June 2017.

Amur Minerals Corporation (LON:AMC) has revealed the results of independently calculated cost estimates for its Kun-Manie nickel-copper sulphide project in the Russian Far East.

Consulant RPMGlobal Asia Limited used a first principles approach to estimate the costs of open pit and underground mining, processing, all other site related costs and the cost of concentrate transport to the Ulak rail station.

Fund manager APQ Global Limited (LON:APQ) kept its risk exposure ‘moderate’ in the latest quarter due to volatility in emerging markets, its area of focus.

The largest equity positions are in Russia, with APQ bullish on commodity prospects as it believes the strained relations with the US currently will gradually improve on the back of a shared interest to restore stability in the Middle East.

Portfolio analytics software provider StatPro Group PLC (LON:SOG) traded in line with expectations in the first half of the year.

Group annualised recurring revenue was up 47% to around £53.2mln from £36.2mln the year before.

Fund manager APQ Global Limited (LON:APQ) kept its risk exposure ‘moderate’ in the latest quarter due to volatility in emerging markets, its area of focus.

The largest equity positions are in Russia, with APQ bullish on commodity prospects as it believes the strained relations with the US currently will gradually improve on the back of a shared interest to restore stability in the Middle East.

NQ Minerals Plc (AQSE: NQMI) (OTCQB: NQMLF) has appointed Beaumont Cornish Limited to advise the company in relation to its intended admission to Aim.

"We believe Aim would be the best place for a minerals company with near-term revenue generating ambitions such as ours and provide us with a broader investor base including access to institutional investors,” said NQ Non-Executive Chairman Brian Stockbridge.

Empyrean Energy Plc’s (LON:EME) Dempsey well has moved closer to being drilled, with confirmation that the construction of a drill pad is now complete.

The company’s partner Sacgasco Limited expects the well, in the Sacramento Basin, onshore California, to be spudded for late July.

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