LGC Capital Ltd (TSXV:LG.V) CEO John McMullen tells Proactive Investors the company has teamed with medical cannabis company Tricho-Med Corp. to expand its Montreal-based operation to more than 2 million square feet.The company broke ground on the first phase of 38,000 square feet month. McMullen says it will take four months to construct the building. Growing will begin in 2019. Meet 3...Read More
Mr. Rudi Fronk reportsSEABRIDGE GOLD ARRANGES $17.2 MILLION PRIVATE PLACEMENT OF FLOW-THROUGH SHARESSeabridge Gold Inc. has arranged a non-brokered private placement of one million flow-through common shares of the company at a price of $17.16 per share (a 27.1-per-cent premium to today's closing price on the Toronto Stock Exchange) for gross proceeds of $17.16-million. The proceeds from the finan...Read More
High Hampton Holdings Corp. (OTCMKTS:HHPHF) COO Paul Mann tells Proactive Investors the cannabis investment company is working on developing its distribution network throughout California.Recently, the company announced it raised US$19mln to complete phase one of its Coachella development, finance strategic growth opportunities, and for general and corporate purposes. Meet360 Blockchain Inc...Read More
Amarantus Bioscience Holdings Inc (OTCMKTS:AMBS) CEO Gerald Commissiong tells Proactive Investors the company's central nervous system asset is moving to Phase 2b clinical trials later this year.Commissiong also says the company is moving its headquarters to New York from San Francisco to raise more capital. Meet360 Blockchain Inc at our event,New York, 18 April 2018.Register here >>Read More
South Korea's LG Chem Ltd said on Wednesday it had agreed to build two joint ventures with China's Zhejiang Huayou Cobalt to lock in supplies of cobalt for lithium-ion batteries.The plan comes as South Korean companies step up efforts to secure battery metals including cobalt to meet rising demand for electric vehicles.Huayou Cobalt confirmed the arrangements.Under the deal, LG Chem said it would...Read More
Oliver de Giorgio-Miller, chairman of ValiRx Plc's (LON:VAL), tells Proactive Investors that their two lead cancer compounds are at stages in their development that they offer potential investors an investable proposition and an attractive offering to joint venture partners.They've been given the green light to now expand the scope of the study around VAL201 - escalating the dosage with patients c...Read More
Investors are better off holding physical gold rather than mining stocks, according to Shark Tank star and chairman of O'Shares ETFs, Kevin O'Leary. O'Lear...Read full newsRead More
D4t4 Solutions PLC (LON:D4T4) shares jumped on Tuesday as the data solutions provider said it expects to report a 'very strong trading performance' for the second half of the year, having signed its two 'largest ever' contracts alongside a record level of bookings in the period.The data specialist will publish a more detailed update of its performance later this month, but said today it expects fu...Read More
Ian Bristow, finance director at Symphony Environmental Technologies plc (LON:SYM), discusses with Proactive's Andrew Scott developments in Pakistan as they work to get tough on plastic pollution.Reports from the country indicate that the Supreme Court of the Sindh Province has ordered the government to enforce The Sindh Environmental Protection Act and that the police have been directed to take a...Read More
Colin Bird, chief executive at Galileo Resources PLC (LON:GLR), tells Proactive's Andrew Scott they've struck 'exceptionally' high zinc grades of between 41.51% and 46.58% across three holes drilled as part of a wider swathe of drilling on the Star zinc project in Zambia.So far, 26 diamond drill holes have been completed at Star, comprising 1,200 metres in total drilled to depths of between 24 met...Read More
GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE American: GPL) ('Great Panther'; the 'Company') announces production results for the first quarter ('Q1') 2018 from its two wholly-owned Mexican silver mining operations: the Guanajuato Mine Complex ('GMC'), which includes the San Ignacio Mine, and the Topia Mine in Durango.Read full newsRead More
It's not just Deutsche Bank that has seen a conveyor belt of CEOs in recent years: according to Handelsblatt, that other titan of European industry - and Germany's largest employer - has decided to part ways with its CEO as the company's emissions-manipuation scandal claims its latest scalp.Read full newsRead More
SANTIAGO/LONDON, April 10 (Reuters) - The London Metal Exchange will suspend Rusal's aluminium from its list of approved brands from April 17 after some members raised concerns about settling LME contracts with sanctioned companies, the exchange's chief executive told Reuters.Last week the U.S. Treasury Department imposed sanctions on seven Russian oligarchs and 12 firms they own or control, sayin...Read More
(Bloomberg) - The next big thing for batteries may have fizzled out years ago.Remember graphene? The advanced material - made up of a lattice of carbon atoms - may be poised for a comeback, albeit a quiet one, Bloomberg New Energy Finance analyst Julia Attwood said in a presentation at the BNEF Future of Energy Summit on Tuesday. Researchers are studying ways to use graphene in batteries, and the...Read More
The headline PPI Final Demand YoY print of 3.0% is higher than expected and back to last year's highs, but core PPI surged to 2.7% YoY - the highest since Sept 2011.Read full newsRead More
LONDON, April 10 (Reuters) - Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.The London-listed miner started talks with its banks earlier this year after the confiscation of a consignment of its diamonds by Tanzania and a labour strike at its South African mines put i...Read More
Michael Jones, CFO at Tharisa Plc (LON:THS), talks Proactive's Andrew Scott through their second-quarter production performance.Platinum group metal (PGM) recoveries measured 82.2% for the three month period ended March 31, compared to a target of 80% and the company produced some 38,200 ounces of PGMs.Similarly, chrome recoveries improved to 66.3% which was better than the targeted 65% and the co...Read More
BENGALURU, April 10 (Reuters) - Vedanta Resources Plc said on Tuesday its application for renewal of consent to operate its copper smelting plant, one of India's biggest, in the South Indian town of Thootukudi was rejected by the state pollution regulator.The rejection comes amid almost daily protests against a proposed expansion of the smelter by the people of Thootukudi, who have thronged the st...Read More
Michael Masterman, chairman at W Resources PLC (LON:WRES), updates Proactive Investors on developments with their flagship La Parrilla tungsten mine in Spain.Masterman also discusses last week's ?1.5mln raise aimed at accelerating development of their Portuguese projects. Meet360 Blockchain Inc at our event,New York, 18 April 2018.Register here >>Read More
Copper demand will surpass supply earlier than expected, with the first clear signs coming as early as next year, experts attending the 17th World's Copper Conference being held this week in Santiago, Chile, said.According to Arnaud Soirat, chef executive for copper and diamonds at Rio Tinto, increased consumption from new technologies, including electric vehicles, will drive demand for the meta...Read More