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Namaste Technologies granted first ever "sales only" ACMPR licence by Health Canada
Namaste Technologies (CVE:N OTCMKTS:NXTTF) President and CEO Sean Dollinger dropped in to the Vancouver Studios of Proactive Investors to talk about his companies new Access to Cannabis for Medical Purpose Regulations "sales only" license from Health Canada. This is the first of it's kind ever granted by the governing medical authority in Canada. Dollinger also addressed the controversy surrounding his company this week and what the next year will look like for Namaste Technologies.
New Age Beverages offers healthy beverages, including Bob Marley-branded product line
New Age Beverages Corp (NASDAQ:NBEV) is targeting consumers looking for healthy beverage options, CEO Brent Willis tells Proactive Investors. The Colorado-based healthy functional beverage company was created in 2016 and is engaged in the development, marketing, sales, and distribution of beverages. Willis says the company owns patents on many of the beverages that it produces. Additionally, the company owns a significant intellectual property portfolio about the future state of the beverage industry. The company offers its products directly, as well as through store delivery distribution systems in the United States and internationally. One product is the Marley line of beverages, created in partnership with Bob Marley’s family. Within the Marley line, there are a range of products including Marley Mate and Mellow Mood. Willis says the company may consider acquisitions going forward and is looking to continue to expand its channels, including e-commerce, military, medical and food service channels.
RNC Minerals unearths possibly biggest ever gold-rich stones in Australia
Mark Selby, President and CEO of RNC Minerals (TSE:RNX) spoke to Proactive London's Andrew Scott after announcing the first specimen slab from the top of the Father's Day Vein discovery area has been recovered at their Beta Hunt Mine in Western Australia. Selby says the slab, weighing around 90kg, is thought to contain approximately 1,000 ounces of gold. RNC reckons the gold-rich stones are among the biggest of their kind ever unearthed in Australia. 'We think we've made one of the great gold discoveries of this decade .. if not this century so far'', Selby says.
Rainbow Rare Earths' Burundi project 'one of a kind'
Rainbow Rare Earths Limited CEO Martin Eales and non-executive chairman Adonis Pouroulis spoke to Proactive about the company's high grade Gakara project in Burundi. Pouroulis says: '''It's one of the highest grade rare earth deposits in the world. It was discovered in 1936 .. and was a mine from 1948 to 1978. All we're doing is coming back many years later and plan to bring it back into production.'' ''We'll be the only mine in Burundi when we get into production''.
FAR Ltd turns to The Gambia as SNE oilfield approaches commercialisation milestone
FAR Ltd (ASX:FAR) managing director Cath Norman speaks to Proactive Investors about the oil and gas exploration company’s exciting advancements off the west coast of Africa. The company’s efforts are currently focused on The Gambia, and in particular on the Samo prospect. “Drilling an 800 million barrel prospect is large by any company standards... when you consider that at the moment we have a net 140 million barrels to our name in Senegal, and our market cap’s $500 million, it’s wonderful to think about what our market capitalisation could be after we’ve drilled this Gambian well and have access to maybe another 300 million barrels to FAR’s name. And we’ll have the results of that well by mid to late November at the latest, if we spud on October 1,” says Norman. FAR Ltd’s Senegalese operations are much more advanced, approaching a key milestone on the path to commercialisation. Norman explains, “we’ve got past the three principal hurdles of size, deliverability, and connectivity; so we understand everything about the oilfield now enough to progress to development. We are in a position today where we’ll be submitting the discoveries evaluation report to the government in about two weeks, which is a statement of commerciality, which I know a lot of our shareholders will be very pleased to see. And with that we’ll be progressively releasing some information about the final size for the development, and also the economics. The field will be developed in a phased development approach... we’ll be looking to get approval of our development plan by the end of this year, we’ll take the final investment decision in mid-2019, and then we’ve got an ambition to have first oil in about 2022.”
Admedus COO encouraged by initial results from Phase II herpes vaccine trial
Admedus Ltd's (ASX:AHZ) chief operating officer Julian Chick talks to Proactive Investors on the interim Herpes Simplex Virus Phase II clinical trial data. The blinded trial provided data from the first 20 patients to receive at least three vaccinations in the randomised, placebo–controlled HSV-2 vaccine Phase II study. Chick says he is “very encouraged” by the first set of results, which shows the study is “going in the right way and we are seeing what we want to see”.
ContraVir Pharmaceuticals CEO excited to get Hepatitis B drug to patients in new study
ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) CEO James Sapirstein tells Proactive Investors the bio-pharmaceutical company has just announced a new formula of its Hepatitis B drug tenofovir exalidex (TXL) and can start delivering the drug to patients in a dose-range finding study, looking to be in Phase 3 trials sometime in the near future. Sapirstein also updated investors on the New Jersey based company's other Hepatitis B vaccine treatment called CRV-431, saying the FDA approved the company's investigational new drug application (IND).
The Green Organic Dutchman Holdings Ltd CEO says CBD is its 'Trojan Horse' into the European market
The Green Organic Dutchman Holdings Ltd (TSX:TGOD, OTCQX:TGODF) CEO Brian Athlaide tells Proactive's Christine Corrado the Canadian cannabis company is pushing into Europe,announcing it is acquiring a Polish CBD company that sells to 13 different countries. Athlaide says CBD is the company's 'Trojan Horse' in allowing it to get into the European market, establish infrastructure, sales and distribution, and will eventually leverage impending legalized medical cannabis to create THC products there. On top of this, Athlaide says the company is building out the 'most advanced cannabis facility in the world' for organic and non-organic in Quebec. Athladie says the build-out of the more than 1.1mln sq ft facility will be completed during the first half of 2019.
Vast Resources secures important formal award at Baita Plai polymetallic mine
Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST), caught up with Proactive's Andrew Scott after receiving an important formal award giving Vast the right to mine at its Baita Plai polymetallic mine in Romania. Approval from Romania’s National Agency for Mineral Resources (ANRM) was the only thing left standing between Vast and re-opening the mine.
Arcimoto's 'fun utility vehicle' helps reduce environmental footprint
Arcimoto Inc (NASDAQ:FUV) CEO Mark Frohnmayer tells Proactive Investors people can reduce their environmental footprint by using smaller vehicles built using fewer materials. Arcimoto produces an FUV, or Fun Utility Vehicle. Frohnmayer says the clean, affordable, small electric vehicle is targeted to all drivers, adding that 76% of people commute alone. He says the base range of the vehicle is about 70 miles, or 112km. Longer-range batteries are also available. Frohnmayer says the company recently went public, and is currently building its factory in Eugene, Oregon.
VinaCapital investment chief on Vietnam’s growth opportunity
Andy Ho, chief investment officer of VinaCapital, says Vietnam’s fast growing economy is increasingly providing attractive opportunities for foreign investors and believes the country is on the path towards long-term sustainable growth. VinaCapital manages three closed-end funds trading on AIM, including the Vinacapital Vietnam Opp Fund (LON:VOF) which is migrating onto the main market of the London Stock Exchange. The vehicle invests in all asset classes, including listed and private equities, real estate, and bonds. The company’s VinaLand fund makes investments in residential, retail, hospitality and office sectors while its infrastructure vehicle puts money into transport and logistics, power & telecommunications.
Glint reintroducing gold as money with launch of 'world first' payments app
Ben Davies, co-founder of Glint, spoke to Proactive as they launched their debit card and app (Glint Pay) which allows consumers to pay for goods and services with gold. The fintech group's teamed up with Lloyds Banking Group to create the app which allows people to load credit onto their card which can then be used to buy part of a physical piece of gold. Glint is regulated by the Financial Conduct Authority (FCA).
African Potash's blockchain tech set for big impact in Africa
Chris Cleverly, executive chairman at African Potash Ltd (LON:AFPO), tells Proactive they've struck a deal on a joint venture with Gibraltar firm TokenCommunities Limited to further its entry into game-changing blockchain technology. African Potash says the deal will complement the FinComEco joint venture they struck back in November and will bolster its plans to operate a range of platforms and projects in the agricultural commodity markets sector in sub-Saharan Africa. Alex Lightman, chief executive of TokenCommunities Limited, says they'll be advising on the deploying tokens - which will allow users to gain access to a digital resource.
Yellow Cake Plc giving investors unique exposure to uranium price
Yellow Cake Plc (LON:YCA) made its debut on AIM in July this year raising US$200mln (£151mln). Yellow Cake – a nickname for uranium – is backed by Bacchus Capital, the corporate finance boutique set up in 2016 by a group of senior bankers led by Peter Bacchus. Chief executive Andre Liebenberg tells Proactive that their long-term supply contract with Kazatomprom has allowed them to secure a highly significant and strategic position in physical uranium, at a competitive price.
iAnthus updates investors on activities in six US states
iAnthus Capital Holdings (CSE:IAN, OTCQB:ITHUF) CEO Hadley Ford tells Proactive Investors the cannabis company, which owns, operates and partners with licensed cannabis operations throughout the US, has expanded licensed cannabis cultivation operations, processing and dispensary facilities into six states. Ford updated investors on iAnthus's activities in all six states, and referenced the company's recent groundbreaking on its 39,500 sq. ft. medical cannabis cultivation and processing facility in Warwick, New York. Ford will be presenting to investors at Proactive Investor's CannaJam™ 2018 conference in New York, on September 12.
All eyes on Kimmeridge flow rates as Horse Hill testing gets underway
Independent oil & gas analyst Barney Gray gives his views on the announcement that planned flow testing operations at the Horse Hill-1 well have started. UKOG, which is the largest London-listed stakeholder in the project with a 32% interest, said all key equipment necessary to carry out a 150-day long-term extended flow test campaign at HH-1 is now on site.
Power Ledger launches energy trading platform trial at Northwestern University
Power Ledger COO Marc van Hoof and Board Advisor Bill Tai tells Proactive Investors the blockchain based energy trading platform has deployed its first trial at Northwestern University in Chicago. Australian based Power Ledger's platform allows for decentralized selling and buying of renewable energy, and its engine can facilitate for any of the buildings across Northwestern to trade energy with other buildings. Tai says the company has an upcoming trial in Puerto Rico, which will demonstrate the long term potential of the technology for national energy security.
Ascent Industries poised to become a dominant global cannabis company
Ascent Industries (CSE:ASNT) Chief Operating Officer Reid Parr joined us in the Vancouver studios of Proactive Investors to talk about the companies shift to move their business on a global scale. Parr also updated Proactive Investors on their operation in Denmark and why the research and development part of the company will become very pivotal going forward.
The Green Organic Dutchman launches organic cannabis product, preps for company spinoff
The Green Organic Dutchman Holdings Ltd (TSX:TGOD, OTCQX:TGODF) CEO Brian Athaide tells Proactive Investors the organic cannabis company has officially launched its organic cannabis brand. The Canadian based company is using environmentally friendly packaging, and will begin its launch of its organic product, grown without pesticides, into the Canadian medical market in Q1 of January. Despite the company not being able to sell into the US just yet, TGOD is forming a spinoff company later in September, which will debut on the CSE, and will allow that company to own US assets.
Argo Blockchain to IPO in London with new service to  'transform' crypto-mining
Jonathan Bixby and Mike Edwards from Argo Blockchain spoke to Proactive's Andrew Scott following the launch of their new crypto-mining service for mainstream consumers. They say the new offering is aimed at addressing pent-up demand from users who want to benefit from mining digital currencies but have been put-off by its complexity and up-front cost. The move comes as the company also announced plans for a flotation on the London Stock Exchange to raise new money to drive its expansion.
How to Invest in Mining: Proactive Investors presents a beginners guide
In the first of a series of “How to” videos, Proactive Investors presents a beginners guide to investing in the mining sector. Featuring Amanda Van Dyke, Women in Mining; Jeremy Wrathall, Investec and Niall Pearson, Hybridan.
Fund Manager Marin Katusa shares his thoughts on Mining, Crypto and Cannabis
Best Selling author and fund manager Marin Katusa, from Katusa Research joined us in the Vancouver studio of Proactive Investors to share his thoughts on the state of the mining sector in BC and Canada. Katusa also had thoughts on Cannabis and what the legalization in October 17th in Canada will mean for investing. Katusa also shared something he is very high on and how it could be the next big thing, again.
Bulls, Bears & Brokers: Alto Capital's Tony Locantro tips small biotechs as next big thing
Tony Locantro, stock market commentator and investment manager at Alto Capital, shares his insights of the week with Proactive Investors. Locantro has been in the financial services industry since 1998, finding a niche in identifying high-growth opportunities in the resource, biotech and industrial sectors. He has carried out a number of IPOs and capital raisings, and provides on-going support for companies and investors. "What I find is, if you're willing to look for the small caps before they're covered, you can get excellent returns... high risk, high reward, that's the way I look at it; I look at stocks which might have 30-40% downside, but you've got the multiple upside. I think humans are programmed to buy high and sell low, so I'm just trying to reprogram my clients into finding these stocks that you can make a lot of money of," says Locantro. "We came into 2018 with the craziest two weeks I've seen since dot com, and this was extended to milk powder, medical marijuana, lithium and cobalt... what's happening now is it's just going to become a normal small cap market, where you have to be able to pick stocks and be able to hold them... I recommend that people pick the quality small cap companies and start reading their quarterly reports," explains Locantro. Watch our video interview to discover the specific commodities and companies Locantro is currently recommending.
'It's time for CanAlaska to shine and shareholders to make money' - President Dasler
Peter Dasler, president of CanAlaska Uranium Ltd (CVE:CVV) caught up with Andrew Scott while in London to present at the Proactive Mining Capital event . As part of a wide-ranging discussion, Dasler discusses recent results from Cameco drilling at the West McArthur project in the Athabasca basin as well as the decision to acquire a third nickel-cobalt project in the Thompson Nickel Belt.
Canntab Therapeutics calling their extended release tablet a "game changer"
Canntab Therapeutics Ltd. (CSE: PILL) CFO Richard Goldstein joined Proactive Investors Vancouver on Skype, with big news about their technology for a 12 hour extended release pill for medicinal cannabis. Goldstein also provided some details about the companies new facility that will be opening in Cobourg, Ontario and a new deal they have signed with FSD Pharma.
'The Gatwick Gusher gushed again, a lot quicker than we expected' - David Lenigas
The small cap deal maker and ‘Gatwick Gusher’ proponent David Lenigas talks to Andrew Scott about the importance of energy independence amid Brexit, the new testing at Horse Hill, the Weald’s ‘billion barrel potential’, and hints at the possibility of takeover activity in the future as the English oil discovery is de-risked. Based on initial analysis, it was stated that the Horse Hill well’s productivity has been unaffected by a 2 year shut-in period since 2016.
Ascent Industries poised for success as they get ready to go public
Ascent Industries Corp (CSE:ASNT) CEO Philip Campbell tells Proactive Investors the company is ready for growth as they go live on the Canadian Securities Exchange on Aug 9th. The Cannabis company has facilities in British Columbia, Oregon and Nevada. Campbell also said the the company is looking towards Europe for further expansion, starting in Denmark.
Graphene set to change everything says Versarien boss
From 3-D printing to sport, ‘wonder material’ graphene is set to change how we live according to Versarien PLC (LON:VRS) boss and founder Neil Ricketts. This year alone Versarien has started to work with former Olympian Kristan Bromley to develop graphene-enhanced skeleton boards, CT Engineering on aero parts and print specialist Absolute Engineering for graphene-based inks. Ricketts though, tells Proactive this is just the start as the understanding of these new materials and their uses is still at its very formative stages. For Versarien, having completed its IPO, raised funds and on track to break even, it all adds to a great place to be currently he explains.
'Hot off the press' study says Viemed Healthcare saves a life for every 6 of its patients
Viemed Healthcare (TSXV:VMD) CEO Casey Hoyt tells Proactive Investors the non-invasive ventilation company has 'hot off the press' news relating to a new study done. Hoyt says a KPMG third party study examined patients and a batch of data, and found for every 6 patients, the company saves a life; a 42% reduction in mortality. Hoyt says every patient the company puts on therapy, saves $25,000 per patient, per year. Hoyt says the company is very excited, and study they will move to publish for rest the industry.
Sirius Minerals CEO says the value of its potash deposit is "significant"
12.9.12 Chris Fraser, CEO of Sirius Minerals (LON:SXX) gives Proactiveinvestors a detailed walk through of the York Potash Project, which a recent scoping study shows has an NPV of "around" $6bln at point of mine construction. Chris says that based on this assumption the current share price is significantly short of where it should be. Chris also says that with the "tremendous team of people" on board he has the confidence that can deliver the project in the right time.
Mineworx Technologies Ltd granted new US patent
Mineworx Technologies (CVE:MWX) President and CEO Greg Pendura updates Proactive's Andrew Scott while at the LD Micro conference in New York. The firm's recently been issued a new patent relating to portable mining apparatus and methods of use.
EVR Holdings 'just at the start of the journey' with its MelodyVR platform
Anthony Matchett, executive chairman of EVR Holdings Plc (LON:EVRH), introduces the business and their MelodyVR platform to Proactive's Andrew Scott. The platform was launched on May 1 in the UK and US and then rolled out across 8 countries in Europe a few weeks later. ''To date we've worked with over 600 artists, not all of them are on the platform yet but they will be filtering out over the coming months and into next year''. Currently available on Oculus Go and Samsung GearVR, Matchett says they have plans to launch on other platforms including PlayStation and smartphones. He adds that over the coming 6-12 months they're looking at additional revenues streams including advertising and sponsorship deals as well taking the technology to new countries in Asia-Pacific including New Zealand as well as Canada.
Echo Energy's Fiona MacAulay delighted with Argentina exploration programme
Echo Energy PLC's (LON:ECHO) Fiona MacAulay spoke to Proactive's Andrew Scott following the completion of their four-well programme in Argentina. ''To have encountered hydrocarbons in each of those four wells has been very exciting for me and specifically for the team''. MacAulay says they're now looking forward to the beginning of testing on the ELM 1004 well - the first well to be tested in this programme.
ValiRx Plc enjoying strong industry interest in its cancer treatments
George Morris, chief operations officer at ValiRx Plc (LON:VAL), updates Proactive's Andrew Scott on developments across the company's portfolio. Morris says advanced conversations are continuing with possible partners as they look to press ahead with the development of their flagship VAL401 lung cancer candidate.
Fura Gems to hold largest Ruby land package in Mozambique after merger
Dev Shetty, president and CEO of Fura Gems Inc (TSXV: FURA) (OTC: FUGMF), introduces the company to Proactive Investors and outlines their recent Mozambique acquisition. Shetty says they're acquiring nine ruby assets in Mozambique from ASX listed Mustang Resources Ltd and Regius Resources Group Ltd for A$15mln. He adds that upon completion of the deal Fura will hold the largest ruby land package in Mozambique - 1,104 square kilometres.
ComplyAdvantage offering a 'next generation' approach to tackling financial crime
ComplyAdvantage founder Charles Delingpole tells Proactive Investors they're a team of compliance and risk experts, engineers and data scientists. He says they're on a mission to help fight financial crime by revolutionising the way companies protect themselves from criminals, terrorists and money launderers.
PEDEVCO Corp founder and chairman says he's come out of retirement to help company grow
Frank Ingriselli, of PEDEVCO Corp (NYSEAMERICAN: PED) tells Proactive Investors his reasons for coming out of retirement and back into the energy spotlight. The founder and chairman of PEDEVCO says he's eager to return to raise more capital, re-structure company debt and help the company thrive. PEDEVCO is a publicly listed, energy company that acquires and develops high-value energy projects, including shale oil and gas assets, in the United States. Ingriselli says the company is ready to grow, and will continue to benefit from the rise in oil prices. Ingriselli says the company's next goal will be to raise additional capital.
Everyone should have about 10% of investments in ‘crypto-assets’ – David Siegel
There’s more than US$100bn dollars’ worth of cryptocurrency now in existence, but, don’t worry, you’ve not yet missed the chance to make money by investing in blockchain technologies – so says entrepreneur David Siegel. Siegel, who talked to Proactive Investors Stocktube about his blockchain focussed group TwentyThirty, says the easy money is “not even close” to being made yet. The entrepreneur says everyone should put around 10% of their investments in ‘crypto assets’. He acknowledges, however, that this is frontier investing and there’s a “tremendous” amount of volatility in cryptocurrencies.
Bulls, Bears & Brokers: Alto Capital's Tony Locantro hopes to lose housing market bet
Tony Locantro, stock market commentator and investment manager at Alto Capital, speaks to Danielle Doporto from Proactive Investors about a bet he has taken up with prominent Australian economist Stephen Koukoulas regarding the Australian housing market. The wager was initially extended to Martin North, principal of Digital Finance Analytics (DFA), following his appearance on a 60 Minutes Australia segment called 'Bricks and Slaughter.' Locantro stands to win A$15,000 from Koukoulas if Sydney or Melbourne or national house prices fall by more than 35% from their peak at any stage before the end of 2021. "I thought that was very attractive terms based on all my research and what I believe in; I can reassure people that there'll be no joy if I get anywhere near this because I think it's going to spell an absolute disaster for Australia," Locantro explains. Tony Tips the stock market as a better place for Aussies to be investing; watch our full video interview to hear which stocks he backs.
ITM Power CEO on ‘massive’ hydrogen infrastructure market
Graham Cooley, the chief executive of hydrogen fuel specialist ITM Power (LON:ITM), speaks about the ‘massive’ markets in energy storage and refuelling. Cooley explains the advantages of hydrogen vehicles over traditional plug-in electric cars and why ITM’s product is unique.
Premier Oil PLC in a strong position to generate significant free cash flow
Tony Durrant, chief executive of Premier Oil PLC (LON:PMO), runs Proactive's Andrew Scott through their portfolio of production and exploration assets as well as plans for further acquisitions in the UK North Sea. ''We're at 85,000 barrels a day - most of that comes from the UK''. ''We've been investing significantly in the UK North Sea over the last few years ... of course the industry has gone through a difficult period with low oil prices, we've continued to invest in that period - specifically we've pushed ahead with our Catcher project in the North Sea''.
The Market Maker; what they do and how they make a market
ishareinfo.tv, in association with Proactiveinvestors, speaks to a market maker about pricing, the practice of going long and short on a stock and the effects of economic data and company news on the direction of shares.
Falcon Oil & Gas 'taking Beetaloo shale project forward at pace'
Philip O'Quigley, chief executive of Falcon Oil & Gas Ltd (LON:FOG, CVE:FO) tells Proactive's Andrew Scott that they, along with their partner Origin Energy, have agreed to accelerate exploration activity for the Beetaloo shale project. Together they now deem the Stage 1 campaign to be complete, essentially meaning that in light of the 2014 successes – drilling three vertical wells and one horizontal, fracture stimulated well – that it is now appropriate to move ahead. In all, the Stage 2 cost cap is now A$65mln. Any portion of the additional budget not spent in Stage 2 will carry over into Stage 3 (which presently has a cap of A$48mln). ''This is a huge step forward now'' ''The moratorium is gone, the recommendations are being implemented by the government ... working with industry... and we're now taking this forward at pace''. ''This is a huge step forward for the Beetaloo Basin, for Falcon and for Origin ... it's a good day''.
Xeros Technology CEO: Great traction already in hotel industry
Bill Westwater, the chief executive officer of Xeros Technology Group (LON:XSG), says the AIM-listed company’s environmentally friendly washing machines are already a hit with the hotel industry. Speaking exclusively to Proactive Investors, Westwater says the company is aiming to turn a profit in the next couple of years and explains why Xeros is focusing on the US market more than everywhere else. The group, whose machines use a novel technology involving polymer beads, already counts four out of the top five hotel chains as customers. He adds that following last year’s AIM float, Xeros is a ‘very well-funded company at this stage of the game’.
Data443 Risk Mitigation's tech allows Facebook users to find own personal data on accounts
Data443 Risk Mitigation Inc (OTCMKTS:LDSR) CEO Jason Remillard had a chat with Proactive Investors at the MicroCap Conference in New York. The North Carolina-based software company, formerly known as LandStar Inc, develops cybersecurity products and services.
Samo-1 well offshore The Gambia gaining attention of industry experts for FAR Ltd
FAR Ltd (ASX:FAR) managing director Cath Norman speaks to Proactive Investors about the Samo-1 well offshore The Gambia, which is generating a lot of buzz amongst global oil & gas market experts. She also provides updates on the exploration company's Senegalese project. Norman explains, "the Samo-1 well of course follows on from eleven successful wells that we've drilled in Senegal. The Samo-1 well is on the same geological trend as the big SNE field that we discovered to the north, and it's only 20 kilometres south of the centre of the SNE fields. So that's part of the reason why it's creating a lot of buzz, but you've also got to put it into context... Samo being an 825 million barrel prospect must be one of the biggest prospects that's been drilled for some time. And of course FAR has 40% of it... we're the operator of the well."
PreveCeutical Medical strikes deal with Asterion Cannabis for medical CBD
Stephen Van Deventer, chairman and CEO of PreveCeutical Medical Inc (CNSX:PREV), discusses with Proactive's Andrew Scott the deal they've struck with private firm Asterion Cannabis Inc to develop medical CBD (cannabidiol) products. In the companies’ sights via the joint venture are tablets, transdermal patches and other jointly evaluated products aimed at treating chronic pain, inflammation, epilepsy, anxiety disorders and others.
Randgold-Barrick merger "broadly positive" - Mining Capital's Alastair Ford
Mining Capital's Alastair Ford tells Proactive that the merger between FTSE 100 miner Randgold Resources (LON:RRS) and Canadian firm Barrick Gold Corp (NYSE:ABX) has taken the market by surprise but is "on the whole broadly positive". Ford says that the deal will generate significant cost savings for both groups, as well as bolstering each other's geographical spread. However, Ford adds that the merger will open a void in the London market, with speculation around who will fill the gap left by Randgold.
Greatland Gold reports high grade gold from rock chip samples at Black Hills
Gervaise Heddle, chief executive of Greatland Gold PLC (LON:GGP), discusses with Proactive's Andrew Scott new rock chip results from their Black Hills licence in the Paterson region of Western Australia. Greatland collected 28 rock chip samples over the Saddle Reefs prospect and several rock chip samples from the Rogers prospect. Of the 28 samples collected from Saddle Reefs, 11 returned gold values of more than 10 grams per tonne (g/t). Heddle also updates on the recent Ernest Giles drilling campaign as well as looks ahead to a second round of drilling which is due to kick off in the next few weeks at the Havieron project.