Proactive news headlines: Greatland Gold, Galileo Resources, NetScientific Galliford Try…


Greatland Gold PLC (AIM:GGP, OTC:GRLGF, FRA:G8G) is to expand its footprint in the Paterson Province, Western Australia, with the acquisition of a package of tenements located strategically between the firm’s Havieron project and Newcrest’s Telfer property.

Galileo Resources PLC (AIM:GLR, FRA:2GA) said all conditions have been met in its deal with Sandfire Resources for the Kalahari copper belt licences in northern Botswana and the transaction is expected to complete on September 22. At completion, Sandfire will pay Galileo US$1.5mln in cash to acquire nine licences and Sandfire will subsequently issue 370,477 shares, presently worth A$2.43mln, to the company.

Ariana Resources PLC (AIM:AAU, FRA:4A6) said additional drilling at Kepez North in Turkey confirmed it as a source of high-grade feeder ore for the Kiziltepe gold mine. Best results included gold grades of 11.2 g/t and 3.06 g/t in new intercepts and 6.23 g/t from in-fill drilling. There were also notable silver credits.

Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) said its subsidiary Nifty Labs and investee-company Indorse launched the NFT Minter technology onto the RSK Blockchain Mainnet. The minter, which creates NFT assets, is a core component of Nifty Labs’ NFT Marketplace which continues to be developed. Its first NFT creation is a portrait of Diego Gutierrez Zaldivar, chief executive of IOV Labs, to mark his induction in the Crypto Hall of Fame, in June 2021.

Chamberlin PLC (AIM:CMH) saw its shares rise in early deals as the engineering firm said it made an encouraging start to the current financial year.

CMC Markets PLC (LSE:CMCX, FRA:T8Q) acquired more than 500,000 Australia and New Zealand Banking Group (ASX:ANZ) (ANZ) share investing client accounts for A$25mln.The clients transferring across to the CMC platform comprise assets of more than A$45bn.

Power Metal Resources PLC (AIM:POW, FRA:2M5) has started its exploration programme at the Authier North lithium property in Quebec. Paul Johnson, chief executive, said: Authier North is a strategic lithium interest situated adjacent to Sayona Mining’s Authier lithium project. The geological proposition is that the lithium mineralisation may potentially extend into the Power Canada Authier North Property, and if so, that there is potential for a lithium discovery.

SEED Innovations Ltd (AIM:SEED) said it will receive preferred shares in Inveniam Capital Partners after it completed the acquisition of Factom Inc, one of SEED’s portfolio companies.

NetScientific PLC (AIM:NSCI, FRA:NTK1) said it is investing an initial GBP1mln in Martlet Capital, which has been set up to acquire a portfolio of minority interests in growth companies operating in the Cambridge high-tech cluster.

Condor Gold PLC (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) has appointed Jair Diaz Navarro as a senior mining engineer to work at its fully permitted La India project in Nicaragua.

Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC) delivered profit before tax of GBP11.4mln in the year to the end of June, slightly above the top end of the range of analysts’ expectations.

Allergy Therapeutics PLC (AIM:AGY, FRA:HHU) said ImmunoBON, the company’s protein-based oral treatment, has been voted Most Innovative Product 2021 at the Pharma Trends Image and Innovation Awards in Germany.

Red Rock Resources PLC (AIM:RRR, FRA:R2TA) says four important anomalous areas were recorded in a geophysical survey of the eastern licence at the Mikel gold project in Kenya. The areas identified were: Francis 2, Francis 3, Lake Bush and Lake Bush BIF (Banded Iron Formation). The IP survey has now been completed, it added.

Sativa Wellness Group Inc (AQSE:SWEL, CSE:SWEL, OTC:SCNNF, FRA:484) Geremy Thomas joins Proactive to discuss the launch of their full membership scheme through its website as well as a new competitive pricing strategy.


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