Futura Medical PLC (AIM:FUM, OTC:FAMDF) CEO James Barder speaks to Thomas Warner from Proactive London after announcing the signing of an agreement with Haleon to market Futura's topical, gel-based erectile dysfunction treatment MED3000.

Barder says he's absolutely delighted with the agreement, which gives Futura access to the world's largest market for erectile dysfunction treatments.

He gives a brief overview of the agreement, highlighting a $4 million upfront payment and milestone payments ranging from $5 million to $45 million. Barder emphasised the achievability of these milestones and mentioned that a royalty on all sales was also part of the agreement.

In related news, Futura Medical announced a change in leadership with Non-Executive Chairman John Clarke stepping down to be succeeded by existing Non-Executive board member, Jeff Needham.

Barder says that Needham has "real, relevant experience as we look to launch in the biggest market in the world with MED3000."

#ProactiveInvestors #FuturaMedical #EDTreatment #OTCProducts #HealthcareNews #Pharmaceuticals #PartnershipAnnouncement #MedicalInnovation #GlobalExpansion #HalenDeal #ErectileDysfunction #ConsumerHealthcare #CEOInterview #MedicalBreakthrough #OTCSwitch #BrandBuilding #LeadershipChange #ChairmanAnnouncement #HealthTech #ProductLaunch #MarketExpansion #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Andrada Mining Ltd (AIM:ATM, OTC:AFTTF) CEO Anthony Viljoen speaks to Proactive's Thomas Warner after announcing that the London-listed technology metals mining company has completed construction of its pilot plant in Namibia and raised £7.7 million of new capital.

The plant is set to begin commissioning in the coming weeks.

Viljoen highlights that Andrada has also added a tantalum circuit to their existing production circuit, further expanding their capabilities. He expresses his pride in the team's work so far on the project, with the plant construction completed slightly behind schedule but under budget.

He goes on to explain the rationale behind the $7.7mln fundraise announced at the same time, highlighting that issuing loan notes was deemed to be the least dilutive method for the company to achieve its objectives and is particularly important as Andrada continues to finalise its project funding from the Development Bank of Namibia (DBN) and a fund managed by Orion Resource Partners.

#AndradaMining #TechnologyMetals #GreenTransition #LithiumPlant #RenewableEnergy #Sustainability #MiningIndustry #TinOperation #TantalumCircuit #LithiumProduction #CleanEnergy #EcoFriendly #EnvironmentalImpact #Innovation #FutureTechnology #CorporateUpdates #CEOInterview #InvestmentOpportunity #GreenEconomy #ClimateAction #ResourceDevelopment #EnergyTransition #MetalMining #MineralResources #CarbonFootprint #RenewableResources

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CleanTech Lithium PLC (AIM:CTL, OTCQB:CTLHF) executive chairman Dr Steve Kesler speaks to Thomas Warner from Proactive London after the Chile-focused exploration and development company reported a substantial resource upgrade at its Laguna Verde lithium project.

The drilling program at Laguna Verde increased the Measured and Indicated resource to 1.1 million tonnes of lithium carbonate equivalent, providing a strong foundation for the pre-feasibility and production planning.

Dr. Kesler emphasises that the increase in the measured and indicated resource strengthens CleanTech's confidence in achieving a base production level of 20,000 tonnes per year, with the prospect of "even higher" production levels in the future.

He also highlights the Chilean government's stated aim of increasing the country's lithium production capacity.

Cleantech Lithium aims to secure an ASX listing in the third quarter of this year.

Kesler concludes with an update on CleanTech's Francisco Basin project, also in Chile, and promises "lots of good information for Australian investors" to come during the next few weeks.

#ProactiveInvestors #CleantechLithium #LithiumMining #CleanEnergy #RenewableResources #SustainableMining #LagunaVerde #FranciscoBasin #ASXListing #Investing #ChileLithium #CleanTech #GreenTech #EcoFriendly #ResourceUpgrade #LithiumCarbonate #LithiumProduction #LithiumInvestment #ProactivLondon #DrSteveKessler #ExecutiveChairman #LithiumMarket #EnergyStorage #MineralResources #CleantechCEO #EconomicPerformance #InvestmentOpportunity #ChileMining #ASXListing2023 #EnvironmentallyFriendly #SustainableInvestment #GreenInvesting #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Pan African Resources CEO Cobus Loots joined Steve Darling from Proactive to discuss the company's performance and future prospects in an interview. Pan African Resources is a South African-based gold mining company with attractive margins and long-life assets. Despite some challenges in the past year, the company is optimistic about its growth and expansion plans. The production side has seen improvements, with increased production at the Barberton underground mine and progress at the Evander underground mine.

Loots emphasized the balance between underground mining and surface operations, with the Kulu operation performing well and generating strong cash flows. Additionally, Pan African Resources highlights the favorable gold price it has been receiving. Continuous improvements and safety measures are vital aspects of the company's operations. One significant development for Pan African Resources is the upcoming construction of the Mintails project, a promising addition to its portfolio. With a reserve of nearly 2 million ounces and a low acquisition cost, the project is expected to produce 50,000 ounces of gold annually for 20 years at attractive margins.

The company also emphasizes its positive outlook for gold prices, its growth potential, and its commitment to maintaining and increasing dividends for shareholders. Pan African Resources aims to expand its presence in the US market, highlighting its offerings in terms of dividends, growth, and profitability.

#proactiveinvestors #panafricanresourcesplc #aim #paf #jse #pan #mining #renewableenergy

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First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to share exciting news about the company's latest development. First Phosphate Corp has signed a non-binding memorandum of understanding with NorFalco, a division of Glencore Canada, to secure a supply of sulfuric acid for its future industrial facilities in Saguenay-Lac-St-Jean, Quebec.

Passalacqua explained that under this agreement, NorFalco will be responsible for supplying the sulfuric acid required for First Phosphate's future phosphoric acid and other industrial facilities located in Quebec, Canada. The two companies will continue to work together over the term of the MOU, with the goal of reaching a definitive supply agreement.

This partnership with NorFalco represents a significant first step in establishing an ongoing supply relationship with a major local supplier. Securing a reliable source of sulfuric acid is a crucial aspect of First Phosphate's operations, as it is a vital component in the production of phosphoric acid and other industrial processes.

The MOU with NorFalco reflects First Phosphate's commitment to building strong partnerships with reputable suppliers to ensure the successful development and operation of its industrial facilities in Quebec. This strategic move positions the company to meet its sulfuric acid requirements and advance its phosphate projects in the region.

#proactiveinvestors #firstphosphatecorp #phosphate #BéginLamarcheproject #CEOInterview #CompanyUpdate #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #SulfuricAcidSupply #IndustrialProcesses #PhosphoricAcidProduction #GlencoreSubsidiary #NorthFalco #RecyclingSystem #EnvironmentalBenefits #CarbonFootprint #LFPBatteryProduction #CanadianSourcing #CircularEconomy #ProjectManagement #GlobalPartnerships #IndustryNews #ChemicalSupply #SustainablePractices #ResourceManagement #Industrialization #GreenTechnology #SupplyChainManagement #MiningIndustry #RenewableResources #CorporateUpdates #BusinessPartnerships

Good morning from London where yet more signs of a slowdown in the Chinese economy have failed to drag down the FTSE 100. London’s blue chip index is up on the day so far, with Ocado by far the biggest gainer. The grocery delivery company has reported an underlying profit for the first half, helped by its first warehouse opening in Japan, while its UK business broke even.

Revolution Beauty stocks are also up today as the company finally settled a dispute with shareholder Boohoo, following attempts by the latter to demand a board shakeup last month. Revolution CEO Bob Holt will step down as part of the agreement.

Zooming out a bit now, the UK’s nuclear industry is making headlines this morning as the government launched its arms-length body Great British Nuclear to support the rollout of mini reactors. Rolls-Royce shares opened higher on the news, aided by the fact that of all the companies developing the smaller modular units, it’s the only one to have its design already passing through the UK’s regulatory process.

Elsewhere, trading platform Robinhood – made famous during the 2021 meme stock frenzy – appears to be opening up its services to the UK as per a series of job posts on LinkedIn.

And in small caps, Andrada Mining has raised some money and kicked off the commissioning of operations at its pilot plant in Namibia. You can watch my interview with the CEO Anthony Viljoen later this morning.

#ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

AdAlta Ltd (ASX:1AD) CEO Tim Oldham tells Proactive the company has raised $1.87 million through an oversubscribed shortfall facility. The cash flow comes as part of a non-renounceable pro-rata rights offer announced on April 28 and brings the total amount raised under the rights offer to the target amount of $3.15 million, excluding costs. The ASX-lister will channel the funds into a Phase 1 extension study for AD-214, its lead fibrosis asset.

#ProactiveInvestors #AdAltaLtd #ASX #biotech #fibrosis

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Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL) CEO Joel Latham tells Proactive the company has engaged Fortrea as the contract research organisation (CRO) to manage the IND opening Phase 2/3 clinical trial investigating the company’s IHL-42X for the treatment of Obstructive Sleep Apnoea (OSA). This Phase 2/3 clinical trial will assess the safety and efficacy of IHL-42X in people with OSA who are intolerant, non-compliant or naïve to continuous positive airway pressure (CPAP).

#ProactiveInvestors #IncannexHealthcare #ASX #NASDAQ #biotech #ObstructiveSleepApnoea #ClinicalTrial

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Sipa Resources Ltd (ASX:SRI) MD Pip Darvall tells Proactive reprocessed airborne geophysical data has added additional weight to the target area for rare earth element (REE) mineralisation previously identified on its 100%-owned Wolfe Basin Project. Wolfe Basin is in a prospective location, within 8 kilometres of the nearby Cummins Range REE and phosphate deposit in WA's northeast. #proactiveinvestors #SipaResources #asx

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Tempest Minerals Ltd (ASX:TEM) MD Don Smith tells Proactive that recent mineralogical mapping at the Budapest target within the company’s Euro Project has revealed high-grade silver rock chips, with measurements of up to 63 parts per million (ppm). The presence of silver, along with other alteration minerals, suggests an extension of known mineralisation previously identified at the Calais target.

#ProactiveInvestors #TempestMinerals #ASX #Silver #EuroProject

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