Poolbeg Pharma PLC (AIM:POLB, OTCQB:POLBF) VP of Business Development David English speaks to Proactive's Thomas Warner about the work he's doing to progress the clinical stage infectious disease pharmaceutical company's lead asset POLB 001.

English says that Poolbeg is "in a good position" for partnering in general, adding that the company is "really open" to different types of deals for lead asset POLB 001.

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Tonix Pharmaceuticals CEO Seth Lederman joins Natalie Stoberman from the Proactive newsroom to share its new research agreement with University of Maryland, Baltimore, to study the TNX-1500 monoclonal antibody for the prevention of rejection in heart xenograft transplantation in animals.

TNX-1500 is a humanized monoclonal antibody that interacts with the CD40-ligand, which is also known as CD154. TNX-1500 is being developed for the prevention of allograft and xenograft rejection, for the treatment of autoimmune diseases and for the prevention of graft-versus-host disease after hematopoietic stem cell transplantation.

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The big story from the weekend is the news that battery manufacturing startu Britishvolt has been bought out of administration by Australian firm Recharge. The takeover revives plans for an ambitious so-called Gigafactory in Northumberland.

Back here in London the FTSE 100 leapt in early trading, boosted by some punchy performances from big household names like Rolls-Royce, Shell and BT. Shares in distribution and outsourcing company Bunzl are also up this morning after announcing this morning that its sticking to its guidance for 2023.

Primark owner Associated British Foods has actually raised guidance on earnings per share and adjusted operating profit, saying that inflation has eased and some commodity costs have even declined.

Among the small caps, and Hydrogen Utopia International entered into a collaboration agreement with Rocquaine Management. The two will explore opportunities for the development of Hydrogen’s waste plastic-to-energy plants in Estonia and elsewhere.

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Galileo Mining Ltd (ASX:GAL) managing director Brad Underwood chats with Proactive’s Elisha Newell after the company hit some of its best palladium and platinum grades to date at the Callisto discovery in WA. Galileo also completed some metallurgical holes and will now turn its attention to a step-out drilling campaign, planned some 200 metres from the latest results. Underwood says the opportunity at Callisto continues to grow and that the company looks forward to getting more holes in the ground.

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Sarytogan Graphite Ltd (ASX:SGA) managing director Sean Gregory fills Proactive in as bulk test-work kicks off on a 240-kilogram sample from the company’s namesake graphite project. The ASX-lister plans to manufacture graphite concentrate in Q2, complete spheroidisation in Q3 and enter battery anode performance tests in Q4. Simultaneously, Gregory and the team will advance a pre-feasibility study, designed to complement and support the bulk test-work findings as demand for battery-grade graphite heats up.

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Global Lithium Resources Ltd (ASX:GL1) managing director Ron Mitchell brings Proactive up to speed on the company’s lithium endeavours in Australia’s engine room. Global is developing a multi-asset lithium opportunity at the Marble Bar and Manna projects in WA, and Mitchell says the company’s highly experienced team will be key to realising the potential beneath the surface. Right now, the company is focused on working up its 50.7-million-tonne resource base, with a definitive feasibility study in the works to advance the Manna project.

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Jindalee Resources Ltd (ASX:JRL) managing director Lindsay Dudfield joins Proactive’s Elisha Newell to provide an update on what’s now the largest lithium deposit in the United States. The ASX-lister has just boosted its McDermitt lithium resource to 21.5 million tonnes of lithium carbonate equivalent after an infill and extensional drill program, cementing the project’s status as a globally significant lithium camp.

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AuKing Mining Ltd (ASX:AKN) CEO Paul Williams joins Proactive’s Elisha Newell to provide a rights update on the explorer’s Manyoni Uranium Project in Tanzania. AuKing recently secured five prospecting licences at Manyoni, but the Tanzanian Mining Commission has advised a system malfunction triggered a double rights allocation, meaning two of those licences are subject to revocation. AuKing is on the appeals track, but in the meantime, it plans to explore other areas of Manyoni where there is potential for resource expansion. The company’s A$2.2 million placement with Ven Capital is also proceeding as planned.

#ProactiveInvestors #AuKingMining #ASX #Manyoni #Uranium

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Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to share news the company has reached total depth at the

RCE-3 Well with a total measured depth of 8,880 feet. The company says they have encountered seven hydrocarbon bearing intervals totaling 58 net feet of oil pay.

Abbott telling Proactive It is expected that the RCE-3 well will begin production in early March 2023. The rig will then be moved to the RCE-4 location with the intention that RCE-4 will spud within two days of RCE-3 being brought on production.

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First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to share news the company has agreed to a memorandum of understanding with Prayon SA of Belgium. Prayon is Europe's largest producer of purified phosphoric acid.

Passalacqua telling Proactive this agreement will help to fast track the company’s plan to be a major player in the North American lithium iron phosphate battery industry by helping with Phosphate concentrate production and offtake, LFP Grade Phosphoric Acid toll processing, and development of an LFP Cathode Active Material Manufacturing Plant.

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