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Proactive news highlights: Deltex, W Resources, Cloudtag and more…

Published: 00:43 10 Jun 2016 AEST

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Deltex Medical Group plc (LON:DEMG) has signed up two new accounts in the United States for its surgical bloodflow monitoring systems.

The new accounts represent the sixth and seventh sign-ups in 2016 to date, and they take the overall tally in the US to 24.

In the mining world, W Resources PLC (LON:WRES) unveiled a maiden resource estimate for the São Martinho gold deposit, part of the CAA Portalegre licence in Northern Portugal.

The project is estimated to host 111,987 ounces of contained gold.

Wearable tech group Cloudtag Inc (LON:CTAG) has started to roll-out its health and fitness wristband monitors through major retailers.

Shares in the firm jumped on the news, which was accompanied by a funding that raised £300,000 at 5.05p – a sizeable premium to yesterday’s close price.

ReNeuron Group Plc (LON:RENE) has selected glioblastoma multiforme, the most common form of brain cancer, as the first clinical target for its exosome nanomedicine platform.

The UK-based developer of cell-based therapeutics said the decision was based on evidence of tumour-inhibiting activity from early pre-clinical studies with the technology. 

In something of a coup, troubled African airline Fastjet (LON:FJET) has nabbed the boss of one its rivals to become its new chief executive.

Nico Bezuidenhout will take up his new job on 1 August, having been in charge of South African Airways' low cost carrier Mango for the past ten years.

And finally, Tern Group PLC (LON:TERN) has called off its planned acquisition of cloud software group Flexiant.

Conditions for the deal to proceed had not been met said investment company Tern, though discussions were continuing.

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, 59 minutes ago