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The Markets
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The Markets
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Proactive news headlines: Next Fifteen, Bens Creek, MGC Pharma and more...

A glance at some of the day's highlights from the Proactive Investors newswire

Imugene Ltd (ASX:IMU, OTC:IUGNF) has appointed Dr Steven Cha as its chief medical officer (CMO) and a member of its executive management team.

Dr Cha will lead the company’s global clinical development efforts and medical affairs at a pivotal time of its growth.

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Matador Mining Ltd (ASX:MZZ, OTCQX:MZZMF) has appointed highly experienced and well respected Canadian-based mining professional Sam Pazuki as its chief executive officer with effect from May 1, 2022.

His extensive global capital markets network and gold industry leadership expertise will assist Matador in leveraging its current and future success as it grows the business, advances the Cape Ray Gold Project and expands its shareholder base in North America.

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Arizona Silver Exploration Inc (TSX-V:AZS) announced that core drilling has started at the Philadelphia gold project in Arizona.

The objective is to further demonstrate the continuity and extent of both high-grade and stockwork gold targets on the property, the company said.

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Trust Stamp Inc started trading today, January 31, 2022, on the Nasdaq Capital Market under ticker symbol ‘IDAI’ after uplisting from the OTCQX Best Market.

“Following a record year indicative of our sustained positioning for company-wide growth, uplisting to Nasdaq is a natural but important progression for Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) and our shareholders,” said Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) CEO Gareth Genner in a statement.

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Trillion Energy International Inc. (CSE:TCF, OTCQB:TCFF) has told investors it is moving closer to starting production this year from its SASB gas field in the Black Sea as it works to secure a jack-up drill rig.

In a corporate update, the Vancouver-based oil and gas firm said it was negotiating a letter of intent with a drilling services provider near the Black Sea region and it expects the rig would "be able to commence service at the SASB gas field during July 2022, subject to a definitive agreement being signed".

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Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) has announced that its plant-based, complete nutrition products for toddlers and children are now available on Kroger.com.

The company said Kroger saw its e-commerce sales jump by 79% to US$11.2 billion in 2020, according to eMarketer.

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IXICO PLC (AIM:IXI, OTC:PHYOF) says Dr Lynne Hughes, an international neurology clinical trial research expert, will join the company as a senior therapeutic advisor.

The medical imaging advanced analytics company said Dr Hughes will use her 35 years of experience in the global clinical research field to advise and support the management of the company.

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Bradda Head Lithium Ltd (AIM:BHL, OTCQB:BHL) is halfway through its sonic drilling programme at its Wikieup asset in Central Arizona.

Drilling contractor Boart Longyear has so far drilled 14 holes for 1,520 metres out of a planned total of 28 holes or 2,560 metres.

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Quadrise Fuels International PLC (AIM:QFI) has announced what it calls outstanding results from the latest test of its bioMSAR cleaner fuel product.

Testing at an Aquafuel Research facility in the UK confirmed engine efficiency benefits of 3% and reductions of nitrogen oxide (NOx) emissions of over 20%, compared to diesel fuel.

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Faron Pharmaceuticals Ltd appointed Juho Jalkanen as its chief operating officer where he will focus on accelerating the development of its wholly-owned precision cancer immunotherapy candidate.

The clinical-stage biopharmaceutical company, which aims to harness the power of the immune system to tackle cancer and inflammation, said Jalkanen will lead business strategy and daily operations.

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Mosman Oil and Gas Ltd (AIM:MSMN) has announced the successful testing of its 23% owned Winters-2 well, in Texas.

The well was previously re-completed in the Wilcox sand, at a depth of 6,695 to 6,700 feet, and, in testing has flowed at rates between rates of 576-624 thousand cubic feet per day (mscfd) gross in an eight-hour test.

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Powerhouse Energy Group PLC (AIM:PHE, ETR:BT81) has appointed Paul Drennan-Durose, the former chief executive officer (CEO) of cleantech energy business Helix Power as its CEO.

Drennan-Durose has many years of board-level experience in complex new technology, distribution, engineering services, and manufacturing companies. He has led businesses on an international scale and has extensive experience in a range of sectors, including cleantech energy, oil & gas, waste to energy, process manufacturing, marine, and the auto industry, Powerhouse said.

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Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) said it had dosed its first patient with the second vaccine candidate being assessed in its early stage Covid trial in South Africa.

The phase I COVIDITY study has been set up to assess the safety and potential immune effect of two candidates - SCOV1 and SCOV2 - prior to testing them as a booster.

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Poolbeg Pharma PLC (AIM:POLB) said it had signed a licence that will provide it with access to the microencapsulation and nanoencapsulation advances being developed by AnaBio Technologies.

The idea is to combine AnaBio’s delivery methods with Poolbeg’s expertise in infectious diseases, including using its Vaccine Discovery Platform.

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Imugene Ltd (ASX:IMU, OTC:IUGNF) has received a notice of grant from the Japanese Patent Office for Patent Application number 2019-507161 which protects its oncolytic virotherapy CF33, including VAXINIA (CF33-hNIS) and CHECKVacc (CF33-hNIS-antiPDL1).

The Japanese patent grants exposure to a major oncology market for Imugene’s Oncolytic virotherapy CF33 treatments, representing a US$9.4 billion market in 2018 and expected to reach US$14.1 billion by 2021 at a compounding annual growth rate (CAGR) of 5.2%.

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Eckoh PLC (AIM:ECK, OTC:EKTPF) said it received notification that chief executive Nik Philpot purchased a total of 50,000 ordinary shares at a price of 42.75p on 28 January. The newly purchased shares will be held in his SIPP. Following the purchase, he is now beneficially interested in 7,051,285 shares, representing approximately 2.42% of the company's issued share capital.

General Energy PLC said it has received US$39.8mln in payments for oil sales during October 2021 from the Kurdistan Regional Government. Genel is now owed US$117mln from the KRG for oil sales from November 2019 to February 2020 and the suspended override from March to December 2020.

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