Category: News and Announcements
Exploration has commenced at Golden Mile’s Quicksilver Project
Historical geochemistry has outlined an extensive nickel-cobalt target, which has yet to be systematically tested by drilling
Previous drilling has returned shallow, high-grade intercepts of over 5,000 ppm (0.5%) Cobalt including:
VH013 4 metres @ 6,800 ppm (0.68%) Cobalt from 2 metres
Golden Mile has initiated a program of mapping and geochemical sampling at Quicksilver to assist in targeting our maiden drilling campaign
Preparations for Golden Mile’s drilling campaign at Quicksilver are well advanced, with the site now prepared and final stage of permitting for drilling awaiting approval
Detailed planning is now also underway to commence exploration on the Company’s other project areas, including the Braemore and Leonora East gold projects
Golden Mile looks forward to updating shareholders as its exploration program advances at Quicksilver
Golden Mile Resources (ASX: G88) (“Golden Mile” or “Company”) is pleased to announce that the Company has successfully fulfilled two significant milestones this week:
Listing on the Australian Securities Exchange (ASX)
The commencement of exploration on its highly prospective project areas in WA
Exploration has been initiated on the Quicksilver nickel-cobalt project, with geochemical sampling and mapping underway to assist in better targeting the upcoming drilling program.
Quicksilver Exploration Program Commences
The Quicksilver nickel-cobalt project is located in the SW … Read More »
Significant magnetoencephalography (MEG) milestone achieved with first MEG contract confirmed to world-renowned USA’s Barrow Neurological Institute (BNI) – home of the Muhammad Ali Parkinson Center
BNI is the world’s largest neurological disease treatment and research institution
Contract worth US$3.75m (AU$4.93m) – Largest system contract in Compumedics’ history, opening pathway to multi-billion dollar brain imaging market
The contract refers to Compumedics’ Orion LifeSpan™ MEG system
Compumedics Limited (ASX: CMP) (“Compumedics” or “Company”) is pleased to announce the confirmation of its first MEG sale to the world-renowned Barrow Neurological Institute (BNI), based in Phoenix, Arizona, USA.
The contract, which will ship in FY2018, falls within previously advised MEG pricing guidance of US$3.75m (AU$4.93m), with a discount for special collaborative arrangements.
BNI, the world’s largest neurological disease treatment and research institution, is consistently ranked as one of the best neurosurgical training centers in the world. The Institute was founded in 1962 and has since grown to be one of the premier facilities in the world for neurology and neurosurgery, with more operative neurosurgical procedures undertaken at BNI than at any other USA institution.
The new contract establishes a strong collaboration with BNI including, American Food and Drug Administration applications and beta-site services such as biomarker test protocols and access to … Read More »
Golden Mile Resources (ASX: G88) (“Golden Mile” or “Company”) is pleased to announce that with the market’s impressive response to the Company’s Prospectus offering, Golden Mile has successfully raised the capital required to list the Company’s securities on the Australian Securities Exchange (ASX) today, Monday, 19 June 2017.
Golden Mile’s oversubscribed Offer raised the maximum of $4.5 million through the issuing of 22,500,000 ordinary shares at the issue price of $0.20 cents to achieve, in addition to the existing shares on issue, a market cap on listing of AUD $10.6 million.
Golden Mile is an Australian based exploration and development company, with an outstanding suite of cobalt, gold, and base metal projects in Western Australia. The heavily oversubscribed IPO offer for Golden Mile creates an opportunity to reinvigorate mining and exploration activity in WA in the search for gold and cobalt.
The Offer is being handled by Melbourne based Corporate Advisor Peak Asset Management. The funds raised will be used for funding exploration of the Tenements, providing funds for general working capital purposes, and paying the costs and expenses associated with the Offer.
Chief Executive Officer and Head Geologist of Golden Mile, Tim Putt, said:
“We are very pleased to have significantly exceeded the minimum … Read More »
CropLogic Limited (CropLogic or Company), the predictive decision support system for agricultural growers, which is set to list on the Australian Securities Exchange (ASX) later this year, is pleased to announce that it has completed the acquisition of Professional Ag Services Inc (ProAg), a North-West USA-based agronomy services company.
This acquisition of the Pasco, Washington based business will provide CropLogic with immediate access to the lucrative North American agricultural industry, and an established channel to further the Company’s presence and develop grower and processor relationships in the three key agricultural states in the USA. The acquisition will also provide CropLogic with over 60 collective years of agronomic experience and expertise, provided by the principals alone, who will remain in the business.
This acquisition follows the recent announcement that CropLogic has completed its $2 million pre-IPO funding oversubscribed in preparation for the Company’s anticipated listing on the ASX (announced 14 July 2016).
In commenting on the acquisition of ProAg, Jamie Cairns, Chief Executive Officer of CropLogic, said:
“Strategic acquisitions provide CropLogic with immediate market access, relationships, and acres under management and have always been a fundamental part of our market entry strategy. This acquisition meets many of our initial North American goals, and both parties … Read More »
Initial $1.5 million License Agreement payment
$500,000 License Agreement payment at full funding
$3 million of development capital
Entry into a new vertical of medical & insurance applications
MyFiziq Limited (ASX:MYQ) (MyFiziq) is pleased to announce that it has entered into a ground-breaking Joint Venture (JV) with Gold Quay Capital Pte Ltd Singapore (GQC) worth an initial $5 million.
Under the JV, the parties will work together to develop and deliver a revolutionary diagnostic tool for the medical sector, allowing an up to date record of the patient’s body composition to be directly uploaded to their medical practitioner’s or insurers records.
The first application (app) to be developed using the MYQ technology will deliver body shape along with body fat estimates. The goal is for this technology to replace out of date body mass index (BMI) as a measure of an individual’s body composition for the health and life insurance sector.
Access to such a technology will enable insurers to more accurately understand how their policy holders are trending with their body weight and composition, which directly correlates to their management and risk of developing chronic health conditions.
Preliminary discussions with the health sector have indicated a strong desire for such a technology to help monitor a … Read More »
Golden Mile Resources (ASX: G88) (“Golden Mile” or “Company”) is pleased to announce that with the market’s impressive response to the Company’s Prospectus offering, Golden Mile has successfully raised the capital required to list the Company’s securities on the Australian Securities Exchange (ASX) at 12:00pm on Monday, 19 June 2017.
Golden Mile’s oversubscribed Offer raised the maximum of $4.5 million through the issuing of 22,500,000 ordinary shares at the issue price of $0.20 cents to achieve, in addition to the existing shares on issue, a market cap on listing of AUD $10.6 million. The Offer is being handled by Melbourne based Corporate Advisor Peak Asset Management. The funds raised will be used for funding exploration of the Tenements, providing funds for general working capital purposes, and paying the costs and expenses associated with the Offer.
Golden Mile is an Australian based exploration and development company, with an outstanding suite of cobalt, gold, and base metal projects in Western Australia. The Company was formed in 2016 to carry out the acquisition, exploration and development of mining assets in Western Australia, and has to date acquired a suite of exploration projects, predominantly within the fertile North-Eastern Goldfields of Western Australia. The Company’s initial focus … Read More »
Cubbies, Australia’s first and oldest adventure playground, and the Committee of Fitzroy Adventure Playground Inc, is pleased to announce the celebration of the new play facility for the Fitzroy Adventure Playground. The playground has a new playscape installation called Coal Flowers, which houses 25 solar panels, generating and harnessing renewable electricity for the on-site hut building. The Committee is made up of volunteers seeking to support young children in Fitzroy and the surrounding suburbs.
The Coal Flowers installation, as well as other upgrades to the playground, was made possible with a grant from the State Government, actively supported by the Honourable Richard Wynne, Member for Richmond and the Minister for Planning for the Andrews Labor Government. This $210,000 grant was generously aided by a $50,000 philanthropic donation from various funds such as the Honda Foundation, the Besen Family Foundation, Scanlon Foundation, The Jack Brockhoff Foundation, the Maddock Foundation and Gertrude Players, as well as $60,000 in support from the Property Industry Foundation. The Property Industry Foundation, founded by key players in the Victorian property industry, provided additional specialist services such as professional project management, temporary fencing, volunteers and legal support to the value of over $60,000 at commercial rates.
In commenting on … Read More »
Media Release: Eagle Health Receives Commitment For $10 Million From Cornerstone Investor & Closes In On Minimum Subscription
Eagle Health Holdings Limited (“Eagle Health” or “Company”) is pleased to announce that it has received a cornerstone investment commitment for $10 million from major South Africa Nutritions group, Amka Holdings (Amka), taking the total binding commitments to over $20 million, and positions the Company to be on track to reach the minimum subscription requirement for its proposed listing on the Australian Securities Exchange (ASX).
Eagle Health’s Prospectus offers 62.5 million shares at an issue price of $0.40 per share to raise the minimum of $25 million before costs, with provision for oversubscription of up to an additional 12.5 million shares to raise a further $5 million. Following a successful capital raising and on listing, the Company is likely to have a market capitalisation in the range of $125 million to $130 million.
The Offer is being handled by Melbourne based Lead Manager, Beer & Co., and is anticipated to close on Friday, 9th June 2017. IDC is the Chinese Corporate Advisor. The minimum subscription is close to being reached following the $10 million cornerstone investment commitment by Amka. Amka was founded in South Africa in 1956 and now sells its wide range of leading nutritions and general health products in 45 … Read More »
$10 million of loans created within first two months of launch
$3 million of loans currently live
477 accounts account holders
The Bank of Mum and Dad is not just about a loan for getting on the property ladder for first time buyers. It is the tip of a large financial iceberg.
Powering The Bank of Mum and Dad is Credi, a financial technology business that empowers people to help each other and take control of their financial relationships through the use of a loan management platform that enables members of the public to build, negotiate, share and manage personal loans.
Research carried out for Credi by RMIT University shows that the informal lending market extends into billions of dollars per year in the US, UK and Australia. This research shows that:
The Australian public lend in excess of $1.65 billion each year in unprotected, informal loans
⅓ of first time buyers get help from friends and relatives
In the US 2.3 million startups have been funded by friends and family
UK and US have similar scales of relationship lending
Credit from family and friends is the 2nd most common form of credit in the US
Loans between related parties are built on relationships. Without a formal lending agreement, as long … Read More »
Former Yahoo Director, Kevin Kyer, brings proven industry expertise to drive Linius’ Search Division
Linius Technologies Limited (ASX: LNU) (Linius) is pleased to announce that building on its recent momentum, the Company has appointed former Yahoo Director, Kevin Kyer, as the Company’s Executive Vice President of its Search Division (EVP, Search), which is one of Linius’ four core industry divisions created to achieve Linius’ mission to revolutionise and unlock the vast potential of video content through its innovative concept of video virtualisation.
As EVP, Search, Kyer will lead all commercial activity for Linius’ patented Video Virtualization Engine™ across a broad spectrum of industries in which hyper-personalised video search results can unlock a previously untapped, and lucrative, potential for both enterprises and consumers.
The ground-breaking capability of granular, frame-by-frame, search identification of video content, along with the ability to deliver it in personalised formats, promises to introduce a bold new era of video search, with Kyer at the helm.
Kyer’s scope will go well beyond established, search-engine giants like Google. The Search Division will also target social media companies that are increasingly focused on video and traditional enterprises with large, latent video catalogues that they struggle to exhume, share and monetise, such as … Read More »