ASX

Recce Pharmaceuticals Granted New Patent in Israel for RECCE® Anti-Infectives

Retrieved on: 
Thursday, April 4, 2024
Escherichia coli, Central Bureau, Statistics, Burn, PCT, Shingles, Biotechnology, Growth, Disease, HIV, Klebsiella pneumoniae, COVID-19, Inhalation, HCMV, ASX, RCE, Recce, Viral, Pseudomonas aeruginosa, Virus, EBV, SARS-CoV-2, Staphylococcus aureus, Gonorrhea, Cytomegalovirus, Ross River virus, Neisseria meningitidis, GDP, Urinary tract infection, Skin, Streptococcus pyogenes, Patent, Staphylococcus, Streptococcus pneumoniae, Simplex, Infection, USD, Administration, Biology, Ageing, Pharmaceutical industry

SYDNEY, Australia, April 04, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced that the State of Israel Patent Office has formally granted Recce a new family four patent (patent number: 295116), “Process for Preparation of Biologically Active Copolymer Comprising an Acrolein Derivative and a Polyalkylene Glycol Oligomer,” with expiry in 2041.

Key Points: 
  • SYDNEY, Australia, April 04, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced that the State of Israel Patent Office has formally granted Recce a new family four patent (patent number: 295116), “Process for Preparation of Biologically Active Copolymer Comprising an Acrolein Derivative and a Polyalkylene Glycol Oligomer,” with expiry in 2041.
  • “We are thrilled to have received this newly granted patent in Israel,” said James Graham, Chief Executive Officer of Recce Pharmaceuticals.
  • Israel’s pharmaceuticals and biotechnology market has a reputation for high R&D spending and an impressive international reach, with world-class export numbers and a growing market value.
  • Other examples include influenza A, Ross River virus, and coronaviruses, including those responsible for severe acute respiratory syndrome and SARS-CoV-2 (COVID-19).

Fanatics Betting and Gaming Closes its Acquisition of the US Businesses of PointsBet

Retrieved on: 
Wednesday, April 3, 2024
PBH, Risk management, Sport, FBG, Partnership, Gambling, ASX, News, Acquisition, CO, IOS, NFL, Android

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Today, Fanatics Betting and Gaming (FBG), a subsidiary of Fanatics Holdings Inc., closed on the final state, Illinois, in its previously announced acquisition of the U.S. businesses of PointsBet.

Key Points: 
  • NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Today, Fanatics Betting and Gaming (FBG), a subsidiary of Fanatics Holdings Inc., closed on the final state, Illinois, in its previously announced acquisition of the U.S. businesses of PointsBet.
  • Fanatics Betting and Gaming will also provide the betting operations to nineteen retail locations, including the only retail sportsbook inside an NFL stadium at Commanders Field in Maryland.
  • “The acquisition of the US businesses of PointsBet has super charged our expansion plans,” said Matt King, CEO of Fanatics Betting and Gaming.
  • Fanatics Betting and Gaming has also produced exclusive casino content including the popular Fanatics Blackjack game developed in partnership with Boom Entertainment.

NOVONIX Limited and Lithium Energy Limited to Combine Natural Graphite Interests with Intention to Take Combined Business Public

Retrieved on: 
Tuesday, April 2, 2024
Lithium, Corella, Mount, ASX, IPO, Mineral, Australian Securities Exchange, NVX, LEL

NOVONIX Limited (“NOVONIX”) and Lithium Energy Limited (“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”)

Key Points: 
  • NOVONIX Limited (“NOVONIX”) and Lithium Energy Limited (“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”)
    BRISBANE, Australia, April 03, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has signed a definitive agreement under which its wholly owned subsidiary, MD South Tenements Pty Ltd, which holds the Mount Dromedary natural graphite exploration interests, will be divested to Axon Graphite Limited (“Axon”), a subsidiary of Lithium Energy Limited (ASX: LEL).
  • LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement.
  • As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend to list on the Australian Securities Exchange (“ASX”).
  • The shares held by each of NVX and LEL will likely be held in escrow for a period of 24 months.

5E Advanced Materials Commences Commercial Production At 5E Boron Americas Complex

Retrieved on: 
Tuesday, April 2, 2024
Lithium, Advanced Materials, Boron, Critical infrastructure, National security, PLS, Research, ASX, Lithium carbonate, NDAA, Primary energy, Government, Fiscal, 5E, Economics, Mining

HESPERIA, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the Company’s operations team has successfully commissioned the facility and has launched full commercial operations.

Key Points: 
  • HESPERIA, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the Company’s operations team has successfully commissioned the facility and has launched full commercial operations.
  • 5E Boron Americas Complex is fully commissioned and has now transitioned to operational status.
  • Susan Brennan, Chief Executive Officer at 5E Advanced Materials, stated, “I am proud to announce that 5E has achieved the most significant milestone in our Company’s history, as we have recently commenced commercial production of boric acid at the 5E Boron America’s Complex.
  • 5E Advanced Materials will continue to keep its various stakeholders informed as commercial production progresses in April and as operations advance.

Genetic Technologies’ Digital Strategy Ignites Significant Traction in US Market

Retrieved on: 
Tuesday, April 2, 2024
Health, Coronary artery disease, Digital, GTG, Risk, Atrial fibrillation, Patient, Social media, ASX, Risk assessment, Breast cancer, Type

Digital strategies, such as GTG’s approach, are leveraging the growing awareness of the importance and utility of understanding a person’s individual risk of developing a range of diseases.

Key Points: 
  • Digital strategies, such as GTG’s approach, are leveraging the growing awareness of the importance and utility of understanding a person’s individual risk of developing a range of diseases.
  • Know your risk and you and your doctor can take steps to diagnose disease early significantly improving health outcomes.
  • GTG predicts a significant surge in the adoption of risk assessment tests, driven by both patients and doctors.
  • The company sees its geneType digital strategy as spearheading a transformative shift from "sickcare" to genuine "healthcare".

U.S. Government Selects NOVONIX to Receive US$103 Million in Qualifying Advanced Energy Project Tax Credits

Retrieved on: 
Monday, April 1, 2024
IRA, EV, USN, RET, Riverside, Recycling, Admiral, ASX, Sale, NVX, Internal Revenue Code, ESS, Inflation, Internal Revenue Service, Government, Average revenue per user

Importantly, under the IRA, a qualifying advanced energy project credit can be monetized through its sale for cash, in addition to using this tax credit to offset income tax liability.

Key Points: 
  • Importantly, under the IRA, a qualifying advanced energy project credit can be monetized through its sale for cash, in addition to using this tax credit to offset income tax liability.
  • The Company has a period of two years within which to satisfy the requirements and claim the tax credit.
  • This is the latest example of NOVONIX’s continued support from the U.S. government.
  • Dr. Chris Burns, CEO of NOVONIX, said, “In a period already filled with company milestones, the approval of our 48C application strengthens our financing strategy and demonstrates another significant landmark for NOVONIX.

Euro Manganese Receives Approval of Environmental and Social Impact Assessment for Chvaletice Manganese Project and Appoints Project Director

Retrieved on: 
Wednesday, March 27, 2024
FEED, EV, Land, Euro, Wood, Project, Planning permission, Biophysical environment, Non-governmental organization, Chemical engineer, ESIA, Copper, Gold, ASX, Postgraduate education, EMN, Social impact assessment, Chvaletice, Nickel, Lithium, EPCM, Cobalt, Mining, Construction

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.
  • In addition, the Company is pleased to appoint Mr. Tim Kindred, an experienced, large-scale project delivery professional, as Project Director for the Chvaletice Project.
  • Mr. Tim Kindred recently joined the Company as Project Director for the Chvaletice Project.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Approval of the Environmental and Social Impact Assessment for the Chvaletice Project is a major permitting and project milestone.

ATHA Energy Announces 92 Energy Obtains Court Approval

Retrieved on: 
Wednesday, March 27, 2024
Uranium, Federal court, ASX, FRA, News, Acquisition, Scheme, Investment, GMZ, Athabasca

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that the Federal Court of Australia (the “Court”) has made orders approving the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”).

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that the Federal Court of Australia (the “Court”) has made orders approving the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”).
  • The Scheme was previously announced in the news releases of ATHA dated December 7, 2023, and January 25, 2024.
  • The Managing Director of 92 Energy, Siobhan Lancaster, said: “The merger with ATHA begins a new chapter of opportunity for 92 Energy shareholders.
  • 92 Energy has enjoyed significant exploration success since listing, culminating in its discovery of the GMZ, and I would like to thank the 92 Energy board, management, shareholders and advisors for their invaluable support and contributions.”
    Troy Boisjoli, Chief Executive Officer of ATHA, comments, “We are thrilled with the overwhelming level of support from 92 Energy’s shareholders in the previously announced vote to approve the transaction.

Drilling Underway at Red Mountain Project

Retrieved on: 
Wednesday, March 27, 2024
Soil, Molybdenum, Target, XAM, Gold, Copper, ASX, Magnetism, Anomaly, TSX, Nowie, Orientation, Stockwork, Mining

Systematic diamond drilling program designed to test five high-priority targets, following up on more recent trenching and previous drilling; compelling results from the latter are highlighted, below:

Key Points: 
  • Systematic diamond drilling program designed to test five high-priority targets, following up on more recent trenching and previous drilling; compelling results from the latter are highlighted, below:
    First results from the drilling program are anticipated late April.
  • Red Mountain offers a rare opportunity to access a large, under-explored mineral district.
  • We are conducting a systematic exploration program, including diamond drilling, that we expect will provide a new perspective on the mineral potential of the Red Mountain district.
  • Figure 3: Exploration drilling has commenced at Red Mountain.

Kharmagtai Water Supply Drilling Program Recommences

Retrieved on: 
Wednesday, March 27, 2024
Water supply, SRK, Growth, Hydrology, Mineral Resources Limited, ZUK, Disclosure, XAM, Data, ASX, Groundwater, Permeability, TSX, SABC, Rio Tinto, Water, PFS, Stage 2, Mining, Tunnel

Water supply is a core input to the study; a key driver to maximise processing throughput for the project.

Key Points: 
  • Water supply is a core input to the study; a key driver to maximise processing throughput for the project.
  • We are confident in this field program and aim to demonstrate that, to a PFS standard, there is an adequate supply of water for Kharmagtai, to ensure its successful delivery as Mongolia’s next major copper-gold mine in the south Gobi region of Mongolia.”
    The hydrological program has six key objectives to provide water supply for Kharmagtai operations.
  • The Kharmagtai PFS seeks to maximise water recycling through the use of industry best practices including efficient process design, modern tailings dam design and thickened tailings to reduce water loss.
  • The order of monitoring bore drilling will change as the field program progresses, including progress of production bore drilling.