logo-loader

Tasty numbers for Tekcapital as Salarius celebrates first order for MicroSalt

Published: 17:49 23 Apr 2019 AEST

Tekcapital PLC’s (LON:TEK) shares soared in early deals today after its portfolio company, Salarius, secured the first commercial order for its low-sodium salt substitute MicroSalt. Executive Chairman Clifford Gross tells Proactive London how the timing of the deal couldn't be better as new rules about sodium comsumption have just come into play. He added that producers and consumers are waking up to the fact that flavour profiles on snacks using MicroSalt remain unchanged and that's the main game changer that will boost the 'healthy snack' food business.
The AIM-listed IP investor said the MicroSalt customer would incorporate the substitute into their snack food business, with the first order expected to be dispatched in May.

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...

13 hours, 37 minutes ago