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Proactive news snapshot: Kibo Energy, CentralNic, OptiBiotix Health...

Published: 10:30 24 Jun 2019 EDT

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Kibo Energy PLC (LON:KIBO) has reported on what it described as a "transformational" year, with its financial results statement highlighting a number of key company milestones.It expanded and diversified with the acquisition of the Mabesekwa coal independent power project in Botswana, the Benga power plant project in Mozambique, and a controlling interest in Mast Energy Developments Limited in the UK

Kibo Energy separately told investors that it has signed a collaboration agreement with ESS Tech Inc for the development of electricity storage technology

CentralNic PLC (LON:CNIC) has raised €50mln through its debut senior secured bond issue. The internet domain name registry added it also expects to beat market forecasts for 2019 after strong trading in the first four months of the year.

OptiBiotix Health PLC (LON:OPTI) has inked an exclusive manufacturing and distribution deal that will see the company’s weight loss product rolled out across the US, Canada and Mexico.It has teamed up with Agropur, a Quebec-based dairy co-operative that notched sales of US$6.7bn last year, to bring SlimBiome to the world’s largest marketplace.

Futura Medical PLC (LON:FUM) said it is considering filing for marketing approval for its fast-action erectile dysfunction gel with data from just one phase III clinical trial. In a preview of his address to the company’s annual meeting, Futura acknowledged it is normal for packages from two final-stage studies to be submitted to regulators – and indeed the US watchdog has insisted this happens.

StatPro Group PLC (LON:SOG) shares surged on Monday after it signed a partnership agreement with JP Morgan Chase & Co (NYSE:JPM) to develop an analytics solution for the investment bank’s portfolio managers.

ECR Minerals PLC (LON:ECR) has appointed Keith Whitehouse of Australian Exploration Field Services as a consultant resource geologist..

Salarius, a portfolio company of Tekcapital PLC (LON:TEK), has secured and delivered a new order for its low-sodium salt substitute MicroSalt and said it is in discussions about “numerous” others.

Nektan PLC (LON:NKTN) is expecting double digit revenue growth and a heavily narrowed loss in its current year.

Motif Bio PLC (LON:MTFB) has released new data for its iclaprim antibiotic at a major industry conference in San Francisco, California. The AIM- and Nasdaq-listed biopharma presented three posters at the American Society for Microbiology (ASM) Microbe 2019 meeting over the weekend.

Regency Mines PLC (LON:RGM) has appointed executive director Scott Kaintz as chief executive director and appointed a former investment banker as non-executive chairman.

MTI Wireless Edge Ltd (LON:MWE) has agreed to buy a 50% stake in one of the main resellers of its Mottech Water Solution in Australia.

Arkle Resources PLC (LON:ARK) closed out 2018 with just over €100,000 in cash after booking a loss of €337,000 for the year to December.

ADES International Holding PLC (LON:ADES) told investors it has landed a new contract in Egypt and an extension to an existing contract in Algeria.

HemoGenyx Pharmaceuticals PLC (LON:HEMO) has developed a new generation of humanised mice which it believes could play a vital role in protecting people caught up in biological warfare.

Galileo Resources PLC (LON:GLR) has acquired the 15% of its subsidiary Enviro Zambia Ltd that it didn’t already own.

Shefa Gems Ltd (LON:SEFA) has completed the excavation of four new bulk samples and one mini bulk sample from target gravel horizons in the Kishon Mid-Reach Zone 2 in Israel. 

Immotion Group PLC (LON:IMMO) has signed an exclusive partnership to install its virtual reality (VR) pods at the Shedd Aquarium in Chicago, one of the largest aquariums in the world.

Thor Mining PLC (LON:THR) says lab tests have affirmed the good tungsten grades from its drilling programme at Bonya in Northern Territory, Australia.

AFC Energy PLC (LON:AFC) has unveiled plans to launch an ‘off-grid’ electric vehicle charging system in the fourth quarter.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

3 hours, 29 minutes ago