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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Archive

Proactive news headlines: Keywords Studios, Providence Resources, ImmuPharma and more

Southern Gold Limited (ASX:SAU) has been issued 150 million shares in London Stock Exchange (LSE)-listed Bluebird Merchant Ventures (BMV) to finalise the sale of equity interests in two South Korean properties.

The shares were passed on to Southern Gold’s wholly-owned Singaporean subsidiary, International Gold Private Limited (IGPL), after the ASX-lister agreed to sell its interest in the Gubong and Kochang properties.

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The broker Liberum repeated its ‘buy’ advice and 102p price target on Futura Medical PLC (AIM:FUM, OTC:FAMDF), which Monday provided an update on progress.

Liberum was heartened by both the regulatory and commercial progress being made by the developer of erectile dysfunction gel MED3000.

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NetScientific PLC (AIM:NSCI) has acquired 75% of the issued share capital of Cetromed Limited, a life sciences holding company with several portfolio companies spun out of the University of Leuven, Belgium.

The acquisition will result in further internationalisation of NetScientific's portfolio and exposure to a key European high-tech cluster around the University of Leuven, it said in a statement.

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Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) has launched the beta version of its NFT Marketplace, which is now live on the RSK Testnet.

The marketplace was designed and built by Coinsilium subsidiary Nifty Labs.

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Plexus Holdings PLC (AIM:POS)’s Graham Stevens, who was acting chair for the company's AGM, says there’s considerable scope for the company to be an essential contributor to the green revolution, as its superior leak-free equipment is beginning s to gain traction with the industry.

"As 2021 draws to a close, Plexus would like to thank its team and shareholders for their continued support and wish you all a very Happy Christmas and prosperous New Year," Stevens added.

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ImmuPharma PLC (AIM:IMM, OTC:IMMPF) has raised £3.55mln in three separate tranches to fund its research and development portfolio.

A total of £1.2mln will come from Alora Pharmaceuticals, the parent company of ImmuPharma’s partner, Avion Pharmaceuticals.

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Zephyr Energy Plc told investors that it expects its deal to acquire non-operated working interests in the Williston Basin, North Dakota, will now complete in January.

It comes amid ongoing disruption caused by the global pandemic, and in particular the rapid advance of the Omicron variant.

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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) is extending its seismic programme in Tanzania after seeing what’s described as encouraging early results at the Rukwa project.

The explorer had completed 94% of the planned 200 kilometre programme as of December 18, and, now intends to shoot an additional 20 kilometres to add extra data for “promising targets” in the previously unsurveyed Momba area.

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Ondine Biomedical Inc (AIM:OBI) said it is working with a team at the University of Navarra in Spain on a clinical trial using the company’s Steriwave technology to stop the replication of SARS-CoV-2 in high-risk viral carriers.

Steriwave uses a process called photodisinfection to kill germs, including Covid.

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Futura Medical PLC (AIM:FUM, OTC:FAMDF) has confirmed it is in advanced discussions ‘multiple interested parities’ to out-licence its erectile dysfunction (ED) in ‘major regions’.

New agreements would build on similar deals it already has in China and South-East Asia, Latin America and the Middle East.

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Empire Metals has concluded its Eclipse gold project hasover 200 metres of strike following a strategic technical review of recent drilling at the deposit in Western Australia.

"A thorough and rigorous assessment of the data collected to date has been completed, leading to a much better understanding of the geological and structural controls of the gold mineralisation, which is vital for designing and implementing the next phase of exploration," said Shaun Bunn, managing director.

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Anglesey Mining Plc has appointed Namrata Verma and Andrew King as non-executive directors with immediate effect.

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