Proactiveinvestors Australia

ARTICLES

• Saturday, July 26, 2014
  U.S. equities sold-off as earnings disappoint
  

  Visa beat profit and sales estimates in its fiscal third quarter results as well, but the electronic payments network cut its full year revenue growth forecasts, with shares falling almost 4% on the news and weighing on the blue chip Dow average.

• Friday, July 25, 2014
  Australia’s ASX200 trades sideways
  

  Australian stocks were almost unchanged today despite a fall in iron ore price with the ASX200 shedding 0.1% to 5,583.5 points. The Shanghai Stock Exchange Composite Index is up 0.79% to 2,121.67 points while in pre-open markets the Dow-mini slipped 3 points to 16,995.

• Friday, July 25, 2014
  Legend Mining increases footprint in Fraser Range
  

  The new exploration licenses awarded through a recent tenement ballot further increase Legend's exposure in the Fraser Range, and with exploration programs coming up, news flow is set to increase. The company also holds 1.5 million Sirius Resources shares. Mark Creasy is the largest shareholder in Legend with around 25%.

• Friday, July 25, 2014
  Base Resources' Kwale project drives positive operating cash flows
  

  With its maiden positive operating cash flows of $4.1 million in the June quarter, Base Resources is now solidly in the ranks of mineral sands producers. Further improvements are expected from its Kwale Mineral Sands operation in Kenya.

• Friday, July 25, 2014
  SomnoMed raising up to $7.05M
  

  With sales of its sleep apnea products growing across Europe and the U.S., SomnoMed is raising up to $7.05 million through a $5.55 million share placement and a share purchase plan of up to $1.5 million to double production capacity at its plant.

• Thursday, July 24, 2014
  Hazelwood Resources: Challenging China; Warren Buffett’s #1 Metal
  

  The Chinese are hoarding it, and Warren Buffett is investing in it. Prices and demand have been steadily increasing for years. Tungsten is more than just an extremely hard metal. Indeed, modern life virtually revolves around it and, in most cases, there is no substitute.

• Thursday, July 24, 2014
  Thundelarra Limited raises A$7.5M in oversubscribed placement
  

  Thundelarra is now well-funded for follow up drilling at Red Bore, where DSO grade copper was recently discovered. A 1400 metre reverse circulation program has already received approval. Curara Well is also a focus for the company.

• Thursday, July 24, 2014
  TZ Limited granted patent for SMArt locking devices
  

  The patent applications for new types of TZ SMArt Locking and Fastening Devices in Australia and Japan offers TZ Limited new device adds value to its intellectual property as well as support new applications for its technology.

• Thursday, July 24, 2014
  Mining Projects Group unearths nickel sulphide drill targets at Roe Hills
  

  The fresh approach by Neil Hutchison, who has form in making nickel sulphide discoveries in Western Australia, looks to have already paid off with a structured plan that has defined ready drill targets below and down plunge from previous nickel sulphide intersections.

• Thursday, July 24, 2014
  Admedus increases interest in Prof Ian Frazer’s vaccines
  

  The decision to increase its stake in Professor Ian Frazer’s Admedus Vaccines, which develops therapeutic vaccines including HSV-2 and HPV to 66.3% from 50.1%. Additional data from the Phase 1 study for the HSV-2 vaccine will be released this quarter.

• Wednesday, July 23, 2014
  SomnoMed hits high gear, sales records for sleep apnea appliances
  

  With total sales for the 2013/14 financial year coming in above guidance at 43,438, SomnoMed has achieved a clear sign of the fast growth path ahead with its sleep apnea appliances in 2014/15 with sales volumes expected to exceed 55,000 units.

• Wednesday, July 23, 2014
  Mining Projects Group banks $1.4m to drill nickel sulphide targets
  

  MPJ is now funded to drill highly prospective nickel sulphide targets at its Roe Hills project, after raising $1.4M from professional and sophisticated investors. Historical nickel sulphide intersections at the project add interest. MPJ is expected to trade higher.