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Proactive news snapshot: Hurricane Energy, Genedrive, Clinigen Group …

Published: 02:45 18 Jan 2018 AEDT

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Hurricane Energy PLC (LON:HUR) updated on the ongoing review being conducted by its recently formed Listing and Governance Committee (LGC), as it continues to prepare for promotion to a ‘premium’ segment of a recognised stock exchange.

It is an “exciting period of growth” for Genedrive PLC (LON:GDR) according to its boss, David Budd, as the medical diagnostics group hurtles towards commercialisation of its Hepatitis C (HCV) ID Kit.

Clinigen Group PLC (LON:CLIN) said it is positioned for another year of growth as it told investors trading at the halfway stage had been in line with expectations. The speciality pharma and services company reported that revenues were up 28% year-on-year, although the figure was distorted by what are called ‘pass through costs’ associated with the unlicensed medicines it accesses on behalf of patients in need.

OptiBiotix Health plc’s (LON:OPTI) work on the emerging field of the human microbiome will be recognised at a leading industry conference next month. For the company is to present an abstract at ProBiota 2018, attended by the movers and shakers of the industry.

Advanced materials group Haydale Graphene Industries PLC (LON:HAYD) has entered into a commercial supply and development agreement with Australian-listed Talga Resources.

Eland Oil & Gas PLC (LON:ELA) has confirmed that the Opuama-8 well has now been drilled and handed over to the field production team. The Elcrest joint venture subsidiary successfully drilled and completed the well, which is now expected to be flow tested before it goes into production.

IronRidge Resources Limited (LON:IRR) has expanded its lithium interests in Ghana with the acquisition of a lithium pegmatite tenure adjacent to its Ewoyaa prospect. The AIM-listed junior is acquiring the Saltpond licence from local Ghanaian firm Joy Transporters.

Asiamet Resources Limited (LON:ARS) announced that its long-serving non-executive director Raynard von Hahn has notified the company that he is stepping down from the board with immediate effect for personal reasons. The group said a search has been initiated to find an appropriate replacement which is anticipated to take a number of months to complete.

Shanta Gold Limited (LON:SHG), the East Africa-focused gold producer, developer and explore, has appointed Numis Securities as its nominated adviser and sole broker with immediate effect.

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...

6 hours, 53 minutes ago