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Blockmate investee Hivello forms strategic alliances to boost DePIN sector ahead of token launch
Decentralised physical infrastructure networks (DePIN) developer Hivello has partnered with three technology agencies in the lead-up to a token launch in August. The company will work with Dubai-based marketing firm Luna PR, technical growth agency Winn Solutions and blockchain specialist Forgd to help expand its reach to seasoned crypto enthusiasts and newcomers who can seamlessly […]
Base Resources receives takeover bid from Energy Fuels to create global critical minerals group
US-based critical minerals producer Energy Fuels (NYSE: UUUU) has made a takeover bid for Australian company Base Resources (ASX: BSE) to create a billion-dollar global business with a focus on rare earth elements, uranium and mineral sands production. Under the terms of the proposal, Base shareholders will receive 0.026 Energy Fuels shares for each Base […]
Australian billionaire Gina Rinehart takes strategic stake in US rare earths miner MP Materials
Gina Rinehart’s mining arm Hancock Prospecting has added to its growing interests in rare earth elements by acquiring a 5.3% share in US miner MP Materials (NYSE: MP). The new stake sits in Hancock Prospecting’s expanding global stable of critical minerals assets alongside her 10% interest in Australia’s Arafura Resources (ASX: ARU) and a 5.8% […]
Silver Lake to take Endeavor Group private in $13b buyout
Technology investment firm will shell out $13 billion to acquire global sports and entertainment company Endeavor Group Holdings (NYSE: EDR) in what is believed to be the biggest private equity-sponsored buyout in over a decade and the largest ever in the sector. The deal comes three years after Endeavor went public. Endeavor is the majority […]
Perimeter Medical Imaging AI confirms positive outcomes from study of artificial intelligence technology on breast cancer surgeries
A peer-reviewed study on an artificial intelligence technology developed by Perimeter Medical Imaging AI (OTC: PYNKF) has identified positive outcomes for breast cancer surgery. When integrated with wide field optical coherence tomography (WF-OCT), Perimeter’s ImgAssist software has been shown to enhance productivity and decision making in surgery margin assessments. The deep learning model showed high […]
Brookside Energy reports strong drilling progress in Anadarko Basin
Brookside Energy (OTC: RDFEF) reports that strong progress is being made with drilling at the multi-well Flames-Maroons Development Plan (FMDP) in the core of the southern SCOOP Play in the Anadarko Basin in the USA. The company is currently participating in the Iginla well lateral section, which is drilling ahead at a measured depth of […]
Poolbeg Pharma moves closer to granting of patent for POLB 001 to treat multiple diseases
UK biopharmaceutical company Poolbeg Pharma (OTCQB: POLBF) has received a notice of allowance from the US Patent Office in relation to an application for its lead candidate POLB 001 in the treatment of multiple diseases. The notice covers a class of drugs (including POLB 001) for treating hypercytokinaemia (cytokine storm) and for preventing its development […]
Diversified Energy to lift interests in US oil and gas assets
London and New York-listed Diversified Energy Company (NYSE: DEC) has entered into a conditional agreement with Oaktree Capital Management for the strategic acquisition of working interests in a number of operated assets in the Central Region of the US. The US$386 million acquisition will consolidate Diversified’s working interest in its existing operated wells in the […]
Astera Labs makes Nasdaq debut amid AI boom
Astera Labs (NASDAQ: ALAB) made its Nasdaq debut last month with a market capitalisation of $9.68 billion as it tapped into investor enthusiasm for artificial intelligence. The California-based company sells high-speed data transfer technology for AI computing and other cutting-edge data centre applications. It is the first big technology firm to go public this year […]
Radiopharm Theranostics advances cancer treatment with RAD 301 and RAD 302 developments
Radiopharm Theranostics (OTC: RDPTF) has welcomed the release of new data identifying a promising pathway for its innovative RAD 301 and RAD 302 oncology developments. Multiple new data covering the RAD 301 and RAD 302 programs were featured at the 2024 European Molecular Imaging Meeting (EMIM) in Portugal this week. RAD 302, which is currently […]
Barton Gold’s Tunkillia resource estimate surges to 1.5 million ounces
Barton Gold’s (OTCQB: BGDFF) aggressive drilling campaigns have again paid off with the company lifting the Tunkillia joint ore reserves committee (JORC) mineral resource estimate (MRE) to 1.5 million ounces. The MRE has estimated the project holds around 51.3 million tonnes of ore at 0.91 grams per tonne of gold, boosted by a new 115,216oz of […]
Incannex releases groundbreaking results from psilocybin trial to treat anxiety, moves to Phase 2b FDA trials
Cannabinoid and psychedelic medicine biotechnology company Incannex Healthcare (NASDAQ: IXHL) has announced positive top-line results from its Phase 2 Psi-GAD1 clinical trial of psilocybin for the treatment of generalised anxiety disorder (GAD). The trial of the seven week treatment program was developed by Incannex in partnership with the Clinical Psychedelic Lab at Melbourne’s Monash University […]
Barton Gold brings three-pronged attack into action in Tunkillia gold hunt
Barton Gold (OTCQB: BGDFF) has stepped up its aggressive expansion campaign at the Tunkillia gold project in South Australia with the addition of a third drilling rig in the field. The company now has two RC drilling rigs and one DD drilling rig on site at Tunkillia. A second RC drilling rig is now spinning […]