Day: March 21, 2024

–News Direct– Diamond Lake Minerals Inc (OTC:DLMI) CEO Brian J. Esposito discusses the company's pioneering role in the development of digital assets and SEC-registered security tokens during an interview with Proactive's Stephen Gunnion. Esposito emphasized the potential of tokenization in redefining investing by opening up global markets to real-world assets previously inaccessible to many investors. He highlighted the importance of operating within regulatory frameworks and the benefits of blockchain technology, including enhanced security and transparency for investors. The company aims to be a trusted authority in the tokenization space, offering exceptional assets through security token offerings or similar mechanisms. Esposito also discussed the challenges of tra...

–News Direct– ECO Animal Health Group PLC CEO David Hallas joins Proactive's Stephen Gunnion with more on the global animal health company focused on pigs and poultry. Hallas explained the company offers a variety of products aimed at maintaining animal health and treating diseases, particularly respiratory and intestinal issues. While a significant portion of its revenue is attributed to its flagship product, Aivlosin, he said the company maintains a diversified portfolio with operations in over 70 countries, more than 20 products, and around 200 licences for different indications. Hallas highlighted the company's fourth-quarter and full-year 2024 trading performance, driven by increasing demand for its products, especially Aivlosin, which assists in raising healthy a...

–News Direct– Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) CEO Paul Baay describes 2023 as a transformational year for the company, emphasizing the significant growth and operational advancements achieved. In an interview with Proactive's Stephen Gunnion, Baay said key 2023 achievements included the completion of facilities and commissioning of production, and the initiation of the 2024 drilling program. The company also secured new bank financing with a Trinidad bank, enhancing its capitalisation for future projects. Operational focuses such as driving down costs and optimising production were highlighted as contributing factors to the company's different outlook at the end of 2023. The fourth quarter saw remarkable growth with a 150% increase in production,...

–News Direct– NextEnergy Capital Investment Director and UK Legal Counsel, Stephen Rosser, discussed the significant achievement of Camilla, the company's first standalone energy storage asset, up and running. Located in Fife, Scotland, near a major substation and amidst a high concentration of wind farms, the 50-megawatt Camilla has already begun operations. This placement allows it to capitalize on the electricity generation volatility from the wind farms, beneficial for energy storage. Rosser highlighted the importance of Camilla's operational success, including being selected by National Grid for balancing services, a testament to the evolving recognition of battery systems in the energy balance mechanism. Additionally, Camilla secured a tier one capacity auction co...

–News Direct– Immunic Inc (NASDAQ:IMUX) Chief Medical Officer Dr Andreas Muehler discusses the complexities of multiple sclerosis (MS) during an interview with Proactive's Stephen Gunnion to mark MS Awareness Month, highlighting the disease's impact, development, and the unmet medical needs of patients. MS, a lifelong autoimmune disease more prevalent in women than men, begins typically in early adulthood. It manifests in various forms, starting with relapsing-remitting MS, characterized by relapses and MRI lesions, affecting 80-85% of patients. Another form, primary progressive MS, occurs in 10-15% of patients, starting with a progressive phase without typical relapses. As the disease advances, Muehler explained that it transitions into secondary progressive MS, marked...

–News Direct– PainChek Ltd (ASX:PCK), a medical device company, is pioneering the use of an app, leveraging artificial intelligence (AI) for pain assessment in vulnerable individuals unable to communicate their pain due to conditions such as dementia, cognitive impairments, or in pre-verbal children. In and interview with Proactive's Stephen Gunnion CEO and managing director Philip Daffas highlighted that PainChek's app is the world's first regulatory-cleared medical device for this purpose. It utilises AI for facial analysis to detect nine micro facial features indicative of pain, assisting carers in aged care and hospitals to document and score the severity of pain. PainChek has achieved a first mover advantage with patents in the US, Europe, Japan, and the UK, ...

–News Direct– Strategic Minerals PLC (AIM:SML, OTC:SMCDF) executive director Peter Wale and Dennis Rowland, project manager at subsidiary Cornwall Resources, join Proactive's Stephen Gunnion with news of a groundbreaking mineral rights deal with the Duchy of Cornwall, marking a first of its kind in modern times. The agreement enhances the prospects for mining in Cornwall, expanding Cornwall Resources'' mineral rights by four times and covering a wide range of minerals including tin, tungsten, copper, and silver. Rowland, with a background in geology and extensive experience in mining exploration and development, detailed ongoing projects and the strategic importance of the new mineral rights agreement. He highlighted Cornwall Resources' Redmoor project,...

–News Direct– Globe Metals & Mining Ltd (ASX:GBE) chief operating officer Paul Smith discusses promising developments at the company's Kanyika project in Malawi, highlighting its position as the first significant niobium project in 50 year. The project, known for integrating mining, concentration, and refining processes within Malawi, has shown notable success in niobium recovery through chlorination refining. This method, preferred over traditional acid treatments for its environmental benefits and lower energy consumption, also supports the extraction of rare earth elements as valuable by-products, enhancing the project's economic appeal. The construction of a lab-scale pilot plant, expected to be operational by April, marks a significant milestone, enabling th...

–News Direct– Aclara Resources CEO Ramon Barua joins Proactive's Stephen Gunnion with details of a significant investment deal with Chile's CAP SA, valued at up to $80 million. Barua said the partnership underscores a shared vision for a sustainable future in the extraction of critical minerals. CAP's financial strength and extensive experience in Chilean operations, including environmental impact assessments and mine management, will assist Aclara's growth, he added. The deal not only injects $29 million into Aclara's Chilean operation, REE Uno, but also offers the potential for an additional $50 million investment upon permit approval. This strategic alliance aims to expedite the development of the Penco Rare Earths Project, focusing on the ext...

–News Direct– Trust Stamp Inc, through its Chief Commercial Officer Kenny Chan discusses the company's innovative Stable IT 2 technology, designed for enhancing online digital experiences, particularly in fast identity online applications. The technology distinguishes itself by enabling biometric authentication without the need to store any biometric data, thereby enhancing user privacy and security. Unlike traditional systems that require storing a facial template or picture, Stable IT 2 performs authentication while preserving user anonymity. The white paper co-authored by Chan aims to inform the public about the limitations of current biometric systems, which typically rely on device-based authentication or the storage of biometric templates. It highlights the vulnerability o...