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Ilika CEO says Cirtec deal an “absolutely fantastic validation”

Press Release
–News Direct– Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy speaks to Thomas Warner from Proactive after announcing the signing of a 10-year agreement with US complex medical device company Cirtec Medical to provide Ilika's Stereax solid-state batteries. The deal establishes an exclusive relationship with Cirtech for the use of Stereax batteries in medical devices and features an initial period of profit sharing, later transitioning into a royalty on net sales, ensuring mutual benefit. He refers to the deal as an "absolutely fantastic verification and validation" of Ilika's business model. Purdy suggests that despite Stereax's potential suitability for use in sectors such as the Internet of Things, he's always been clear that the initia...

Pantheon International launches “very large programme of share buybacks”

Press Release
–News Direct– Pantheon International PLC (LSE:PIN) co-Manager Helen Steers speaks to Proactive's Thomas Warner after the investment trust published its annual financial report and announced a share buyback programme. Steers starts by explaining the rationale for the revision to the fund's capital allocation strategy, saying that Pantheon is allocating up to 200mln towards acquiring shares in its own portfolio. She goes on to give her take on why Pantheon's portfolio has proven resilient during a difficult period for many in the market, highlighting the 'thoughtful' construction of the portfolio with 52% direct investments and a focus on information technology and healthcare. She suggests that the direct investments allow for selectivity and control...

Saietta Group frees up funds ahead of light duty vehicle push

Press Release
–News Direct– Saietta Group PLC (AIM:SED) executive chairman Tony Gott and group CFO Steve Harrison speak to Thomas Warner from Proactive about two significant recent developments at the electric drivetrain (eDrive) solutions company. Saietta recently announced changes to its agreement with auto component giants Consolidated Metco (ConMet) that mean Saietta will receive an "immediate cash injection of 3.3mln" and the removal of "around 2mln of cash burn…" in exchange for the assignment to ConMet of jointly-developed intellectual property, machinery and equipment related to the development of an in-wheel generator (IWG) and an in-wheel motor (IWM). Harrison says the money freed up will be put to use on the light-duty side of the business, where he sees exce...

Fundraising Campaign Launched to Assist Individual Struggling with Enormous Medical Bills.

Press Release
“Isaac Awani has initiated a fundraising campaign to aid his medical expenses on kidney problems and prostrate prostrate enlarge challenges that he is facing currently. He cannot urinate well again and suffered stooling blood constantly which has affected his urinary system. He had lost blood and weight as a result of this and urgently needs a surgical operation to restore his life back to normal. “ Lagos, Lagos, Nigeria, 7th Aug 2023, King NewsWire – Isaac Awani a compassionate individual has embarked on a fundraising initiative aimed at providing much needed financial support for his significant medical surgery expenses. Following his kidney problem as a result of prostrate enlarge he suffered for the past 10 years. He has been taking various meditations on these health challenges but ...

Tirupati Graphite CEO says company “is here to deliver” after releasing final results

Press Release
–News Direct– Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) CEO Shishir Poddar speaks to Thomas Warner from Proactive London to address the recent suspension of the company's shares, explaining that it was a result of a slight delay in the release of the specialist graphite and graphene company's annual accounts. Poddar assures investors that the delay was merely a procedural matter and not indicative of any internal issues. The company has now released its audited final results for the year ended 31 March 2023 (FY23). He says that Tirupati Graphite is fully focused on its goal of becoming a world-leading flake graphite company and adds that in the past year it has achieved significant milestones, including reaching 30,000-tonnes of capacity in Madagascar and completing th...

Wall Street FX Presale Launches as Investors Rush to Participate in Hottest Utility Coin Presale in Years

Press Release
Wall Street FX, a powerful Forex investing community, is launching the presale of its #WSTFX utility token, attracting investors eager to be part of the next big crypto trend. With a potential 340% paper gain before listing on major exchanges, the token is priced at $0.01000 now but will rise to $0.02000 during the presale’s second stage and eventually reach $0.044 in the last stage. The issuers success in forex trading, real-world business experience, and a massive user base of 16 million MetaTrader MT4 users globally make analysts optimistic about the token’s future, possibly listing on top-tier exchanges like Binance or Coinbase. A generous airdrop and engaged community further add to the token’s appeal, attracting investors to seize the opportunity for potential gains in the cryptocur...

Digitalbox says Media Chain asset acquisition would put it in a “very strong position”

Press Release
–News Direct– Digitalbox PLC (AIM:DBOX) CEO James Carter speaks to Thomas Warner from Proactive after the digital media business announced an agreement to potentially acquire assets from Media Chain, which operates popular web social brands like "99 Problems," "The Life Shopping Network," and "Student Problems." The acquisition is currently in a testing or licensing phase, lasting until November 30th, during which Digital Box will assess the potential benefits of working with these assets and their follower bases to maximise engagement and extend their audience reach. Carter says he sees significant gains from the prospective acquisition. The addition of the new assets would increase Digital Box's Facebook followers from around 8 mi...

C4X Discovery focused and funded after 15.95mln strategic divestment

Press Release
–News Direct– C4X Discovery Holdings PLC (AIM:C4XD) chief business officer Bhavna Hunjan and chief scientific officer Nick Ray speak to Thomas Warner from Proactive after the drug discovery company announced what it calls the strategic divestment of its Orexin-1 receptor antagonist programme to Indivior PLC (LSE:INDV) for 15.95mln. In the divestment, C4X Discovery has sold the proprietary rights to its Orexin-1 antagonist programme for substance use disorders, including the lead candidate INDV-2000, to Indivior. This allows the company to crystallise the value of the programme, providing non-diluted funding for its future platform strategy. Bhavna Hunjan explains that the deal offers an opportunity to realise the value of the programme sooner, aligning with their focus on immuno-inflamma...

Sprott Asset Management anticipates “new money” in the energy transition materials markets

Press Release
–News Direct– Sprott Asset Management (TSX:SII) CEO John Ciampaglia speaks to Thomas Warner from Proactive to discuss the trends he's been observing in in the world of energy transition materials. Ciampaglia helped launch the Sprott Energy Transition Materials UCITS ETF (SETM) on the HANetf platform back in March, with a view to allowing people to invest in the companies working to deliver the minerals and metals necessary for the energy transition. He starts by sharing his thoughts on what was recently referred to in the fund's monthly report as a US commodity supercycle. He emphasises that this cycle, which appears to have begun two years ago, is different from previous ones, being driven by a transition away from fossil fuels. This shift would lead to larger investment...

Political Parties and Civil Society Unite Under NEXOS to Advocate for Change in Equatorial Guinea

Press Release
–News Direct– August 7, 2023, Madrid Prominent opposition figures and civil society activists from Equatorial Guinea have today launched NEXOS, an organisation created to denounce the systematic violation of human rights in the country and to challenge the denial of these crimes by the regime of President Teodoro Obiang. NEXOS was formed following a seminar held in Rivas Vacia-Madrid on 3-4 August to assess the socio-political situation of the country on the 44th anniversary of Obiangs military dictatorship. The NEXOS platform will be spearheaded by prominent jurist Juan Carlos ONDO ANGUE, former President of the Supreme Court of Justice, and is composed of the Movement for the Self-Determination of the Island of Bioko (MAIB), the Movement for the Liberation of Equatorial Guinea Third R...