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Proactive news snapshot: Kromek, ITM Power, Rockfire Resources

A glance at some of the day's highlights from the Proactive Investors newswire
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Kromek Group PLC (LON:KMK) is expecting to hit its targets for the latest full year and said it was “well-placed” to capitalise on opportunities going forward. 

ITM Power PLC (LON:ITM) has extended its contract with Shell for the company’s hydrogen-based vehicle refueling collaboration. A new agreement replaces a 2015 deal and extends the contract out to 2024. 

Rockfire Resources PLC (LON:ROCK) has added another 1km to the length of the potential gold strike at Double Event in Queensland, Australia.

ImmuPharma PLC (LON:IMM) has confirmed it remains in negotiations with potential corporate partners for its lead drug Lupuzor, which has been developed to treat the auto-immune disease lupus. 

A Spanish foods giant has signed a licensing agreement to use OptiBiotix Health PLC’s (LON:OPTI) cholesterol and blood pressure-reducing LPLDL strain in some of its products.

Ariana Resources PLC (LON:AAU) has revealed latest drill results from the Kiziltepe mine, in the Arzu North area, and, they show potential for a large-tonnage system. Highlight results include grades up to 1.5 grams per tonne gold and 17.5 grams per tonne silver.

Motif Bio PLC (LON:MTFB, NASDAQ:MTFB) is expected to be able to chart a “path forward” for its lead drug iclaprim in the next month after a meeting with the US regulator went ahead as planned.

Live Company Group Plc (LON:LVCG) together with its German partner AWC, has attended the Touring Exhibitions Meeting in Berlin. BP Mar

Premier African Minerals PLC (LON:PREM) has signed an agreement with Zimbabwe’s indigenisation agency [NIEFF] that will see the RHA tungsten mine re-open without any additional funding from the miner. 

Faron Pharmaceuticals Ltd (LON:FARN) boss Markku Jalkanen has told investors “there is definitely a future” for the company’s Traumakine treatment. 

ADES International Holding PLC (LON:ADES) told investors it has expanded its credit facilities with Alinma Bank, a Saudi Arabia based financial institution. 

Graphene specialist Directa Plus PLC (LON:DCTA) and clothing group Alfredo Grassi have extended their exclusive relationship for up to a further three years.

Arecor Limited has dosed the first patient in a trial of its ultra-rapid acting insulin product, AT247. 

Early-stage research has shown that Allergy Therapeutics PLC’s (LON:AGY) adjuvant technology could potentially be used in the fight against cancer. 

Thor Mining PLC (LON:THR)(ASX:THR) has revealed further interim exploration results from drilling at the Bonya tungsten deposits, adjacent Molyhil, in the Northern Territory of Australia. Interim results for the Samarkand prospect obtained via portable X-ray fluorescence (XRF) determination show highlights of 15 metres grading 0.44% tungsten trioxide (WO₃), 8 metres at 0.36% WO₃, and 11 metres at 0.61% WO₃.

Greatland Gold PLC (LON:GGP) has started a field exploration campaign at its Black Hills licence in Western Australia while also announcing plans for a maiden drilling programme at the site.

Natural resources investor Metal Tiger PLC (LON:MTR) has set out the upcoming exploration programme for its portfolio of assets in the Kalahari copper belt in Botswana.

Midatech Pharma PLC (LON MTPH) (NASDAQ: MTP) chief executive Craig Cook is to present at an investor evening hosted by the company's new retail broker Turner Pope Investments, on May 13 in London.


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