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CV Check bolsters board with appointment of Cameron-Dow

Online CV screening and verification company CV Check has bolstered its board with the appointment of experienced public company director George Cameron-Dow as Non-Executive Director. He is also a non-executive director of ASX listed EVE Investments and previously sat on the boards of Bioxyne Ltd, Windward Resources and Xceed Capital.

Marijuana trials for epileptic children

In a bold move, ASX-listed MGC Pharmaceuticals has announced it will undertake a new clinical trial to detremine how medicinal cannabis could potentially treat young epilepsy sufferers. The Perth-based company believes the study could present a significant commercial opportunity in the medical marijuana space and it may add a third revenue stream for the company. 

Auroch plays hardball with Xtract Resources over debt

Auroch Minerals have played hardball with AIM listed Xtract Resources over an unpaid debt owing to Auroch for the sale of the Manica Gold Project in Mozambique in March last year. Under the terms of the original AUD$12m sale, Xtract were able to defer USD$2.5m until three months after the sale but only managed to pay down about USD$850,000 of the final USD$2.5m 

Punters line up for Blackham’s $35m raise

Blackham Resources have all the funding they need to charge ahead with a doubling of production from 100,000 ounces to 200,000 ounces of gold per annum following a heavily oversubscribed placement that raised $35 million. The money will be used for a massive drill program, the progressing of a feasibility study to double production and to order long lead time items.

MGC Pharma finalises strategic deal with Czech medical cannabis player

ASX-listed MGC Pharmaceuticals has completed the acquisition of Czech-based medical cannabis company Panax Pharma. The deal will boost MGC's research capabilities by giving the company access to leading growing and research facilities in the Czech Republic.  MGC said it had settled on a binding heads of agreement to acquire up to 100 per cent equity in Panax. 

PharmAust subsidiary Epichem posts record revenue in January

ASX listed PharmAust's wholly owned subsidiary Epichem has posted a record monthly revenue result for January. Pharmaust is developing a promising anti-cancer drug known as "Monepantel" at the Perth based Epichem facility that also undertakes contract work for some of the worlds leading pharmaceutical companies 

Mt Marion joins the ranks of Australian Lithium producers

Australia has a new Lithium producer and WA's Lithium boom is well and truly underway. Neometal's giant Mt Marion mine near Coolgardie, this week joined the ranks of Lithium producers as the first shipment of concentrates sailed for delivery to Chinese partner Ganfeng Lithium. Ganfeng will take 100% of the project concentrates for the next three years.

Lithium Australia look to create world’s largest Lithium landholding with takeover bid

Lithium Australia say they would have one of the world's largest Lithium development and exploration portfolio's under one roof if shareholders of fellow ASX listed Lithium player Lepidico accept their audacious takeover bid launched today. It would also bring together two Lithium processing technologies under one roof and end the costly IP legal battle between the parties. 

Peppermint to lever Philippines operation to create Australian remittance business

Mobile banking and payments company Peppermint Innovation will lever off their burgeoning Philippines mobile payments business to create a new international money remittance business in Australia this year. It will make good use of Peppermint's entrenched position within the Philippines banking market to provide money transfers between the two countries. 

Northern Minerals close to decision on heavy rare earths plant in W.A

Australia could soon have its first heavy rare earths mine after Northern Minerals said they were rapidly approaching a final investment decision at the Browns Range project in northern WA. The Perth-based company took some big strides with the project in the past quarter, including the appointment of Sinosteel MECC as EPC contractor.

Dodgy job seekers on notice as CV Check revenues hike by 50%

If the extraordinary revenue growth of Perth based, ASX listed CV Check is any guide, employers are clearly becoming more and more suspicious of dodgy CV's being submitted by job seekers. Employers appear to be embracing the concept of stress testing a job candidate's CV after CV Check posted a 50% jump in quarterly revenues for the December quarter.

Blackham strikes deal to mine neighboring gold deposit at Wiluna

Blackham Resources looks set to add another revenue stream at Wiluna by striking a deal with ASX-listed GWR Group to mine their neighboring West Wiluna gold deposits on a profit share arrangement. The West Wiluna gold project, just 40kms from Blackham's newly recommissioned Wiluna gold plant, contains an estimated gold resource of more than 250,000 ounces.

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Runners of the week

Company NameOpenPeak
Segue Resources0.00200.0750
LWP Technologies0.00100.0020
Norwood Systems0.01500.0220
Ultracharge0.02300.0330
Red 50.03200.0450
Ishine International Resources0.01400.0190
ZipTel0.04600.0620
Ferrum Crescent0.00300.0040
Sovereign Metals0.09800.1300
Phoenix Copper0.01600.0210

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Source: Morningstar

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