AUD

Vast announces Term Sheet to facilitate transmission access for Aurora Energy Precinct

Retrieved on: 
Monday, April 8, 2024
Electricity, ElectraNet, EUR, Term sheet, VS1, SM1, Hill, BHP, ARENA, Aurora Energy, H2H, OZM, Precinct, CSP, BESS, Renewable energy

The Precinct is owned by SiliconAurora, which plans to develop a 140MW (2 hour) battery energy storage system (BESS) on the site.

Key Points: 
  • The Precinct is owned by SiliconAurora, which plans to develop a 140MW (2 hour) battery energy storage system (BESS) on the site.
  • Additionally, Vast plans to develop Vast Solar 1 (VS1), a 30MW concentrated solar thermal power (CSP) plant with 288 MWh of thermal storage, on the Precinct site.
  • VS1 was awarded up to AUD $65 million in conditional grant funding by the Australian Renewable Energy Agency (ARENA).
  • Connection to the H2H will be subject to further negotiations and agreement with OZM and ElectraNet as contemplated under the Term Sheet.

Fortuna reports strong gold equivalent production of 112,543 ounces in the first quarter of 2024

Retrieved on: 
Monday, April 8, 2024
Silver, FVI, PB, FSM, Zinc, Gold, Lead, News, NSR, TSX, AG, Printed circuit board

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports strong gold and gold equivalent production for the first quarter of 2024 from its five operating mines in West Africa and Latin America.

Key Points: 
  • VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports strong gold and gold equivalent production for the first quarter of 2024 from its five operating mines in West Africa and Latin America.
  • Gold and silver production for the quarter was 89,678 ounces and 1.1 million ounces, respectively, or 112,543 gold equivalent ounces1, including lead and zinc by-products.
  • Fortuna reiterates its 2024 annual production guidance range of 343 to 385 thousand ounces of gold and 4.0 to 4.7 million ounces of silver or between 457 and 497 thousand ounces of gold equivalent ounces2, including lead and zinc by-products (refer to Fortuna news release dated January 18, 2024 ).
  • Gold equivalent production of 112,543 ounces; a 20 percent increase compared to Q1 2023 (94,110 oz Au Eq)4 and a 17 percent decrease compared to Q4 2023 (136,154 oz Au Eq)3.

Locafy Reports Fiscal First Half 2024 Results

Retrieved on: 
Tuesday, April 2, 2024
Shift, Database, Platform, Partnership, Travel, KPI, MRR, Depreciation, Research and development, Ecosystem, Optimism, Advertising, Marketing, Directory, Video game

PERTH, Australia, April 02, 2024 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today reported financial results for the 2024 fiscal first half ended December 31, 2023. All financial results are reported in Australian Dollars (AUD).

Key Points: 
  • “Our 2024 fiscal first half presented several promising opportunities for our business that inform our optimism for the rest of the fiscal year,” said Locafy CEO Gavin Burnett.
  • We look forward to providing updates in the coming quarters.”
    Results compare the 2024 fiscal first half end (December 31, 2023) to the 2023 fiscal first half end (December 31, 2022) unless otherwise indicated.
  • This increase is mainly due to the higher starting cost base of capitalized development cost for fiscal 2024 compared to fiscal 2023.
  • Monthly recurring revenue (MRR) for the 2024 fiscal second quarter was $314,000, a 32.2% decrease compared to $464,000 for the comparable year-ago period, and a 12.5% decrease compared to $360,000 for the 2024 fiscal first quarter.

BitMart Partners with Banxa to Launch the World's First Seamless BMX Purchase Service, Jointly Building the BMX Ecosystem

Retrieved on: 
Tuesday, April 2, 2024
POLi Payments, Partnership, Launch pad, GBP, Apple Pay, Cryptocurrency and crime, Ecosystem, Fiat, Interac, Cryptocurrency

With the integration of Banxa, BitMart has successfully introduced fiat currency purchasing services for cryptocurrencies to users in over 160 countries and regions.

Key Points: 
  • With the integration of Banxa, BitMart has successfully introduced fiat currency purchasing services for cryptocurrencies to users in over 160 countries and regions.
  • Now, BitMart users can directly purchase BMX and over 150 other cryptocurrencies using more than 30 types of fiat currencies, including USD, EUR, GBP, AUD, etc.
  • The launch of this new service allows BitMart users to more conveniently exchange fiat currency for BMX.
  • With the launch of the seamless BMX purchase service via Banxa, the BMX ecosystem has taken another significant step forward.

Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024

Retrieved on: 
Thursday, March 28, 2024
Hydrogen, Smith International, FEED, Bank of Montreal, Electricity, Financial management, General Electric, Solar, VS1, SM1, Électricité de France, CFO, Partnership, CSIRO, Oil Search, ARENA, California Resources Corporation, Aviation, Carbon, Eye, Investment, Convertible, Research and development, Occidental Petroleum, BMO Capital Markets, CSP, Business, Calendar, Government, Engineering, Renewable energy

SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company’s fiscal 2024, comprising the six months ended December 31, 2023.

Key Points: 
  • During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
  • “The support Vast has received from our strategic partners has been very meaningful to the progress of our company, both from a financial as well as operational standpoint,” said Craig Wood, CEO of Vast.
  • During the first half of fiscal year 2024, Vast continued to make progress on its first utility-scale project for power generation, known as VS1, located in Port Augusta in South Australia.
  • As of December 31, 2023, Vast had total diluted common shares outstanding of 29,291,884.

Recce Pharmaceuticals Announces RECCE® Trademark Registered in Canada, Strengthening Global IP Portfolio

Retrieved on: 
Friday, March 22, 2024
ASX, RCE, Canada Revenue Agency, AMR, Science, IP, Infection, Antibiotics

SYDNEY, Australia, March 22, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced it has been issued a trademark registration for RECCE® from the Canadian Intellectual Property Office, strengthening its global intellectual property (IP) portfolio.

Key Points: 
  • SYDNEY, Australia, March 22, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced it has been issued a trademark registration for RECCE® from the Canadian Intellectual Property Office, strengthening its global intellectual property (IP) portfolio.
  • 1289603 formally assigns RECCE® the Canada Trademark No.
  • “We are pleased to receive this newly registered trademark in Canada, building upon those already registered in the world’s largest pharmaceutical markets,” said James Graham, Chief Executive Officer of Recce Pharmaceuticals.
  • The Canada Revenue Agency administers the program, aiming to incentivize businesses to conduct R&D in Canada, encouraging innovation and technological advancements.

HYTN Secures GMP Certification

Retrieved on: 
Thursday, March 21, 2024
Certification, Growth, Therapeutic Goods Administration, Good manufacturing practice, Psilocybin, GMP, Cannabis, TGA, Drug

VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (CSE: HYTN "HYTN or The Company"), a Canadian company at the forefront of developing, formulating, and manufacturing products with psychoactive and psychotropic compounds, including those from cannabis and psilocybin, has been awarded Good Manufacturing Practice (GMP) certification by Australia's Therapeutic Goods Administration (TGA) for its Kelowna production facility.

Key Points: 
  • VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (CSE: HYTN "HYTN or The Company"), a Canadian company at the forefront of developing, formulating, and manufacturing products with psychoactive and psychotropic compounds, including those from cannabis and psilocybin, has been awarded Good Manufacturing Practice (GMP) certification by Australia's Therapeutic Goods Administration (TGA) for its Kelowna production facility.
  • Effective March 15th, 2024, this certification enables HYTN to manufacture cannabis dried flower into bulk and finished GMP medical products.
  • Although the company has previously serviced limited export opportunities, compliance with the PIC/S Guide to Good Manufacturing Practice for Medicinal Products through this new GMP certification now enables HYTN to engage in broader international trade.
  • It also coincides with the emergence of a brand new and sizable market in Germany, also requiring GMP certification for medicinal cannabis products.

Clearmind Medicine Obtains Clearance for its Psychedelic- Based Alcoholism Clinical Trial

Retrieved on: 
Wednesday, March 13, 2024
Dopamine, NET, Reward, Sheba Medical Center, CWY, Psychiatry, Serotonin, Patient, Research, MEAI, Alcoholism, Clinical trial, DAT, Safety, Norepinephrine, Yale school, Therapy, Ministry, Pharmaceutical industry

The approval, previously announced on February 23, 2024, allows Clearmind to start its pioneering clinical trial.

Key Points: 
  • The approval, previously announced on February 23, 2024, allows Clearmind to start its pioneering clinical trial.
  • The clinical trial is a multinational, multi-center, single and multiple dose tolerability, safety and pharmacokinetic study of CMND-100 in healthy volunteers and AUD subjects.
  • The Clearmind team has been working tirelessly on the research and development of a novel treatment to the global epidemic of alcoholism.
  • We are eager to continue our work with patients in need of help,” said Dr. Adi Zuloff-Shani, CEO of Clearmind Medicine.

Recce Pharmaceuticals Receives AUD $11.17 Million Research and Development (R&D) Advance

Retrieved on: 
Tuesday, March 12, 2024
Government, Infection, Acceleration, Partnership, Research, ASX, RCE, Recce

Recce received $11.17 million in non-dilutive cash, reflecting R&D rebate credits for FY23/24, in addition to future anticipated R&D applicable expenditure for FY25.

Key Points: 
  • Recce received $11.17 million in non-dilutive cash, reflecting R&D rebate credits for FY23/24, in addition to future anticipated R&D applicable expenditure for FY25.
  • This enables the Company to leverage its R&D expenditure benefits of the past, present, and future R&D applicable expenditure on a here-today basis, as achieved by this agreement.
  • “Securing this advanced funding from Endpoints is a testament to the strength of Recce’s scientific platform and the potential of our pipeline,” said James Graham, Chief Executive Officer of Recce Pharmaceuticals.
  • Any surplus to R&D rebates, including around an imminent R&D rebate to FY23, is always that of Recce’s.

StratCap Announces Entry Into Definitive Agreement for Acquisition by HMC Capital

Retrieved on: 
Thursday, March 28, 2024
Technology, Finance, Banking, Other Technology, Professional Services, Digital Cash Management, Digital Assets, Software, Asset Management, Data Management, HMC, Acquisition, Entrepreneurship, History, ASX, Growth, Goldman Sachs, Partner (business rank), Bank

StratCap, LLC (“StratCap”), a digital infrastructure asset management company, today announced the execution of a definitive agreement to be acquired by HMC Capital Limited (“HMC”), an Australian Stock Exchange (ASX) listed alternative asset manager known for its high conviction and scalable real asset strategies for individuals, institutions, sovereign wealth funds, and pension funds.

Key Points: 
  • StratCap, LLC (“StratCap”), a digital infrastructure asset management company, today announced the execution of a definitive agreement to be acquired by HMC Capital Limited (“HMC”), an Australian Stock Exchange (ASX) listed alternative asset manager known for its high conviction and scalable real asset strategies for individuals, institutions, sovereign wealth funds, and pension funds.
  • The acquisition is subject to customary closing conditions and is expected to close in Q2 2024.
  • The strategic acquisition by HMC would mark a significant milestone for StratCap and is expected to herald a new era of growth and opportunity.
  • "We are excited to integrate StratCap into the HMC Group," said David Di Pilla, Managing Director and CEO of HMC.