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Appointments 14 Jun 2019

Board Moves June 14, 2019

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Our daily board moves wrap includes Sonu Cheema, Malcolm James, Craig Barnes, John Blower, Jude Turton, Jeffrey Williams, Ashok Parekh, Peter Hunt, Peter Bilbe, Jonathan Price, Peter Rozenauers, Bianca Taveira, Stephen Hewitt-Dutton, Shannon Green, and Steve Formica.

Affinity/St John form cannabis research partnership Bulls N' Bears 06 Dec 2018

Affinity/St John form cannabis research partnership

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Affinity Energy and Health has signed a non-binding heads of agreement with St John of God Hospital Subiaco to identify and undertake medical cannabis research and development projects. St John has a strong focus on research and medical excellence that is expected to help Affinity underpin the commercialisation of its Australian medical cannabis strategy.

Affinity secures Maltese medical cannabis licence Bulls N' Bears 04 Dec 2018

Affinity secures Maltese medical cannabis licence

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Affinity Energy and Health is now one of just a handful of companies that have received approval to establish a medicinal cannabis cultivation and manufacturing facility in Malta. The company plans to use its proven RotoGro technology used in Canada to develop a facility capable of producing 3000 kilograms of cannabis bud per annum once all expansions are completed.

Affinity makes algae breakthrough Bulls N' Bears 01 Nov 2018

Affinity makes algae breakthrough

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Affinity Energy and Health has doubled its algae culturing capacity from 20 grams per litre to 40gpl through innovative operating procedures without incurring any additional capital or operating cost increases. The company has identified potential to further increase its algae culturing capacity to 60gpl and expects to increase algae production to more than 250 tonnes per annum with minimal capital expenditure.

Affinity signs cannabis and algae MoU Bulls N' Bears 08 Oct 2018

Affinity signs cannabis and algae MoU

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Affinity Energy & Health has signed an MoU with Skin Elements to investigate the use of its algae based products and cannabis oils in Skin Elements' range of natural skin care products. Commercial terms and financial arrangements will be negotiated at an appropriate time as product development initiatives progress.

Affinity commercialises fifth algae feed product Bulls N' Bears 02 Oct 2018

Affinity commercialises fifth algae feed product

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ASX listed Affinity Energy & Health, formerly known as Algae.tec, has developed a breakthrough algae-based fish feed product for the aquarist market that has a long shelf life and does not require refrigeration. Distribution partner Seachem Laboratories will promote the product to key international aquarist markets through its networks and it has already received a first bulk order.

50kg of cannabis product for Algae.Tec Bulls N' Bears 14 Jun 2018

50kg of cannabis product for Algae.Tec

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Algae.Tec expects its Uruguayan partner Auberna to harvest the first crop of cannabis soon with up to 50kg of high-grade cannabidiol resin and powder to be delivered in the September quarter. The product is expected to sell for up to US40,000 per kg and the company is working with a range of wholesalers to arrange supply agreements for it.

Algae.Tec to spin off cannabis assets for new float Bulls N' Bears 08 Jun 2018

Algae.Tec to spin off cannabis assets for new float

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Algae.Tec has secured a funding facility of up to $7m from New York financier Magna to drive several near-term expansion and development initiatives aimed at commercialising its algae and medicinal cannabis divisions. It is also finalising the spin-off of its Uruguay medicinal cannabis interests into a wholly-owned subsidiary that will seek up to $10m via a public listing.

Algae.Tec teams with Canadians to access nutraceuticals market Bulls N' Bears 13 May 2018

Algae.Tec teams with Canadians to access nutraceuticals market

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Algae.Tec has locked down a research deal with Canada's Radient Technologies that will see the health sciences company accelerate the production of high-value algae-based products into the lucrative global nutraceuticals market. Algae.Tec will use Radient's unique extraction technology to boost yield and consistency of its algae-based products that are in development for the nutraceuticals market.

Perth Algae.Tec to supply algae to massive US aquarium Bulls N' Bears 24 Apr 2018

Perth Algae.Tec to supply algae to massive US aquarium

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Algae.Tec has received the tick of approval from one of the largest aquariums in the world to supply it with its algae-based product as the Perth health sciences company continues to aggressively push into the lucrative US aquarist market. Algae.Tec's FeedMe product has been approved for use at the Georgia Aquarium, which receives over 2.4 million visitors annually and houses 100,000 marine animals.

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