Public Company News

Anti cancer drug hopeful Pharmaust has appointed expert medical research company GenScript to take the trialling of their exciting anticancer drug PPL-1 to the next level. GenScript will trial the company's PPL-1 drug in animals in conjunction with standard care drugs that are usually prescribed for each particular type of cancer. The company is looking to ensure there is no adverse reaction when mixing their drug with others,

Perth based ATM machine growth story Stargroup hasn’t let the grass grow under its feet since inking a deal to merge with listed ATM company iCash earlier this year.

Perth based Troy Resources has achieved a major milestone with the pouring of its first gold bar at the company’s new Karouni Gold plant in Guyana, South America. The gold bar, which weighed in at around 4.7kg is worth about $220 000 at today’s Australian dollar gold price.

Perth based Triton Minerals have discovered another source of jumbo flake graphite at a new prospect known as “T12” within the Ancuabe graphite project in the east of Mozambique.

ASX listed medical device company Analytica say that their incontinence device known as the Peri-Coach system may well appeal to females that are suffering from sexual dis-function following a survey

Perth based Blackham Resources have beefed up their board as they rapidly approach production at the Matilda Gold project in Wiluna, Western Australia.

Perth based near term gold hopeful Blackham Resources has uncovered a new 2m gold oxide lode grading a spectacular 95 grams to the tonne gold which equates to a staggering 3 ounces of gold for every tonne of dirt mined.

Red Mountain Mining’s strategic financing partner, UK based Bluebird Merchant Ventures has announced its intention to list on the London Stock Exchange. Red Mountain has an agreement with Bluebird that will see around AUD$1.2m flow to Red Mountain 3 days after Bluebird lists in return for 15% equity in the company’s Batangas Gold project in the Philippines.

Perth based listed ATM machine operator Stargroup has struck an innovative deal to resell short term business loans to its EFTPOS customers, many of which are small businesses. As part of the deal Stargroup will also become the preferred EFTPOS supplier to First Class capital clients.

Perth based Neometals has commenced a greenfields exploration project in the celebrated Forrestania nickel region west of Norseman in Western Australia. The company's “Stormbreaker” prospect is just 7km north and along strike from Western Area’s renowned Flying Fox mine which is widely recognized as one of the highest grade operating nickel mines in the world. Flying Fox has a total high grade resource of over 1.9m tonnes grading 5.2% nickel with grades as high as 6.1% at depth.

Graphite industry mover and shaker Triton Minerals continues to add impressive numbers to its Balama North project in Mozambique with a 197.5m strike at a new prospect known as Nicanda West.

Perth based Red Mountain Mining has boosted its cash reserves by $338 000 courtesy of the Federal Government’s Research and Development rebate scheme.