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Central Petroleum Limited (ASX:CTP) Operating Activities Report

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Central Petroleum Limited (ASX:CTP) provides the Company's Operating Activities Report for the quarter ended 30 June, 2018.

HIGHLIGHTS

- Central and Incitec Pivot Limited ("IPL") entered into a Gas Sales Agreement whereby Central willdeliver at least 20 TJ/d of gas to IPL on an ex-field basis from its Palm Valley and Mereenie fields fromcommencement of commercial operations of the Northern Gas Pipeline (anticipated to be December 2018) until 31 December 2019.

- Central and IPL have agreed a 50:50 joint venture arrangement for ATP(A) 2031 in Queensland whereby IPL will contribute up to $20 million for appraisal drilling costs during the initial exploration period.

- A webinar presentation was held by the Managing Director on 9 May 2018 to discuss the Quarterly Report for the Quarter Ended 31 March 2018.

- Mr. Martin Kriewaldt was appointed the new Chairman of Central Petroleum Limited effective 14 May 2018 following Mr. Robert Hubbard's retirement from the Central Board.

- The West Mereenie 26 well spudded at 7:45pm on 22 May 2018 with the Stairway formation as the primary target.

- Cash balance at the end of the quarter was $27.2 million.

To view the full report, please visit:
http://abnnewswire.net/lnk/26O03XUD

Central Petroleum Limited
T: +61-7-3181-3800
F: +61-7-3181-3855
E: info@centralpetroleum.com.au
WWW: www.centralpetroleum.com.au

Media Enquiries
Martin Debelle at Citadel-MAGNUS
T: +61-2-8234-0100
M: +61-409-911-189

Collaborate Corporation Ltd (ASX:CL8) June 2018 Quarterly Report and Business Update

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Collaborate Corporation Limited (ASX:CL8) is pleased to present its consolidated quarterly cash flow report and business update for the quarter ended 30 June 2018.

Collaborate concluded FY18 recording a 21% increase in Receipts from Customers. The June 2018 Quarter delivered the lowest cash used in operating activities for the year, supported by an R&D tax incentive refund of $267,000, a 46% increase from FY17.

The group maintained strong operational activity levels during a period of competitor oversupply, which saw a decline in pricing in the market, and a seasonal decline in rental demand during the cooler season. The group had a strong focus on executing on the growth opportunities recently announced, a number of which progressed during the quarter. The impact of these initiatives is expected to be seen in the results from the September 2018 Quarter and beyond. Despite a strong underlying business, the seasonal weakness, competitor oversupply and delays experienced by third parties combined to counteract the delivery of another quarter of record growth. Notwithstanding all this, the June 2018 Quarter produced the fourth highest Receipts from Customers result ever achieved by Collaborate. To offset the lower than expected revenue, expenses were carefully managed such that the June 2018 Quarter reported the lowest net cash used in operating activities in FY18 (or the second lowest with the exclusion of the R&D tax incentive receipt).

Key corporate highlights include:

- 21% increase in Receipts from Customers in FY18 vs FY17

- 43% decrease in net cash used in operating activities vs the March 2018 Quarter

- 18% decrease in product manufacturing and operating costs vs the March 2018 Quarter

- 16% decrease in advertising and marketing costs vs the March 2018 Quarter, reflecting the marketing contribution from RACV.

- 18% decrease in research and development costs vs the March 2018 Quarter

- 3% decrease in staff costs vs the March 2018 Quarter

- Receipt of R&D tax incentive refund of $267,000, a 46% increase from FY17

- 28% increase in Rental Transaction Value and Gross Revenue for DriveMyCar in FY18 vs FY17

- 72% increase in Uber Rental Transaction Value in FY18 vs FY17 and 6% increase vs the the March 2018 Quarter

- 46% increase in RACV DriveMyCar Gross Revenue in Victoria in June 2018 vs May 2018 reflecting improvements obtained since digital marketing was brought under the direct management of DriveMyCar and contribution of revenues from the hailstorm accident replacement rentals.

- Launch of Accident Replacement Rental solution for RACV Insurance customers affected by the December 2017 hailstorm

- Launch of the fleet of Peugeot vehicles which has so far reached 115 vehicles, with additional vehicles available as existing vehicles are returned

- Launch of airport parking and ManageMyCar service with Busy Beaver, an RACV partner, in Melbourne

- 54% increase in Active Caravans for MyCaravan in FY18

- 31% increase in Unique Users for MyCaravan vs the March 2018 Quarter reflecting more effective marketing campaigns and uplift from trade show attendance.

To view the full report, please visit:
http://abnnewswire.net/lnk/QHE59SXC

Collaborate Corporation Limited
Tel: +61-2-8889-3641
E: shareholder@collaboratecorp.com 
W: www.collaboratecorp.com

Ardiden Ltd (ASX:ADV) Quarterly Activities Report

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Ardiden Ltd (ASX:ADV) provides the Company's Quarterly Activities Report.

HIGHLIGHTS

SEYMOUR LAKE LITHIUM PROJECT, Ontario (100%-owned)

- Results received from drill-samples attained from spodumene-bearing pegmatites intersected at the Central Aubry prospects

- 160 regional targets identified in the Seymour Lake project area, leading to new claims being staked such that the project area has doubled in size

- Commencement of regional prospecting and mapping program to investigate the regional targets

PICKLE LAKE GOLD PROJECT, Ontario (ADV Option, 100%)

- Due-diligence drilling program completed

CORPORATE

- Successful $6.11m capital raising completed

- Introduction of key institutional shareholders to the register

- Cash at the end of the quarter is $6.92m

To view the full report, please visit:
http://abnnewswire.net/lnk/584MD6C2

Investors:
Brad Boyle
Ardiden Ltd 
Tel: +61-8-6245-2050

Media:
Michael Weir / Cameron Gilenko
Citadel-Magnus
Tel: +61-8-6160-4900

State Gas Limited (ASX:GAS) Quarterly Activities Report

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Brisbane-based conventional gas developer State Gas Limited (ASX:GAS) is pleased to provide its inaugural Quarterly Activities Report, for the March Quarter, 2018.

HIGHLIGHTS:

- Preparation for drilling of targets identified by the reprocessing of historic seismic in the north west of PL 231, and below the already discovered gas pool in the Cattle Creek gas sands.

- Detailed review indicates PL 231 may have potential for significant quantities of coal seam gas hosted in the early-Permian Reid's Dome beds..

- Continued investigation of monetisation options for Cattle Creek Formation gas.

- Appointment of Chief Executive Officer.

Background

State Gas Limited (State Gas or the Company) has a 60% interest in, and is operator of, a petroleum lease (PL 231) in central eastern Queensland, approximately 545 km northwest of Brisbane and 50 km southwest of Rolleston, in the Bowen Basin Central Queensland. The permit hosts a conventional gas accumulation discovered in the 1950's within the Denison Trough.

The accumulation is hosted within good quality sandstones of the marine Cattle Creek Formation at depths of as shallow as 130 meters. Testing of this reservoir achieved sustained flow rates of 1.2 million cubic feet per day of pipeline-quality gas. Pressure data indicates the accumulation is over-pressured and confirms the integrity of the sealing shales. Fluvial reservoirs of the underlying Reids Dome Beds form a major secondary target. This target also produced gas on test during the drilling of the initial exploration and appraisal wells.

PROJECT ACTIVITIES

As previously announced, Phase 1 of the reprocessing of historic seismic acquired over PL 231 identified a new potential gas pool located in the north-west of PL 231 (North-West Gas Prospect). The North-West Gas Prospect appears to be hosted within the Cattle Creek gas sands and appears to consist of multiple zones to a depth of approximately 500 metres.

The Phase 1 reprocessing also identified a further, previously unidentified target below the already discovered gas pool in the Cattle Creek Gas Sands in the area to the west of Primero-1.

The Company is currently preparing to undertake drilling to test both the North-West Gas Prospect and the deeper target near Primero-1. If successful, the wells will be logged and tested to provide information on the flow and permeability characteristics of the formations. The drilling of the first of these wells will complete the Company's sole funding obligations under the Joint Operating Agreement for PL 231.

The Company has also undertaken a detailed review of the geology of the permit and the results of historical drilling, both in the permit area and of analogous wells into the same formations beyond the permit boundaries. This review indicates that in addition to conventional gas in the Cattle Creek Formation and Reids Dome Beds, PL 231 may have potential for significant quantities of coal seam gas due to positive pressure maintenance. In this regard, potential for coal seam gas exists within the early Permian Reid's Dome beds, which are composed of interbedded coals, siltstones, shales, sandstones and, conglomerates..

The Company is currently in discussions with its Joint Venture Partner with a view to including in the current drilling program a core-hole to evaluate this coal seam gas potential.

Drilling is expected to be undertaken during the 4th Quarter of 2018.

During the previous quarter the Company commissioned the Phase 2 reprocessing of historic seismic in the southern area of the permit. This work is expected to be completed in the 3rd Quarter of 2018. Seismic data in the southern area is more limited than that available for the northern area.

The Company has continued to investigate options to monetise the gas identified in the Cattle Creek Formation in the Central North gas pool centred around Primero-1, as well as any new gas located in the North-West Prospect, meeting with potential customers and development partners.

ADDITIONAL CORPORATE MATTERS

During the Quarter, the Company appointed Mr James Crowley to a new role of Chief Operating Officer. Mr Crowley holds a Bachelor of Science (Hons) and brings global expertise in petroleum exploration, appraisal, development and production. With a petroleum career spanning 34 years in Australia, Egypt, New Zealand and the North Sea, Mr Crowley has held senior executive roles for AGL Energy Ltd, Senex Ltd, Origin Energy Ltd, and Apache Corporation. Mr Crowley joined the Company on 2 July 2018.

Lucy Snelling
Chief Executive Officer
M: +61-439-608-241
E: lucy@stategas.com

Greg Baynton
Executive Director
M: +61-414-970-566
E: greg@stategas.com

Ardea Resources Ltd (ASX:ARL) Quarterly Operations Report

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Ardea (ASX:ARL) (OTCMKTS:ARRRF) is pleased to provide this update of the Company's progress during the June 2018 Quarter.

DEVELOPMENT

Goongarrie Nickel Cobalt Project (GNCP)

- Expansion Study (ES) highlights strong case for an expanded throughput to 2.25Mtpa

 
--------------------------------------------------------------------
Case           Pre-tax NPV8      Post-tax NPV8     IRR Payback  
-------------------------------------------------------------------- 
1.0Mtpa PFS    A$1.43 billion    A$1.04 billion    25 % 5.3 years  
1.5Mtpa PFS    A$1.93 billion    A$1.40 billion    25 % 5.6 years  
2.25Mtpa ES    A$3.15 billion    A$2.29 billion    27 % 5.1 years   
-------------------------------------------------------------------- 

- Goongarrie infill 80x40m RC drilling completed, resource estimation current including nickel-cobalt-scandium, neutraliser and alumina

- Key appointments to deliver Definitive Feasibility Study:

o Susanna Beech appointed Approvals Manager, Perth

o Will Stewart appointed Geology Superintendent, Kalgoorlie

- Research and Development for Goongarrie flow-sheet culminates with pilot plant commissioning:

o 15 wet tonnes, sonic core supplemented with RC chips

o End-product will be nickel and cobalt sulphate, available for battery manufacturer testing in September

- Programs for Goongarrie flora, fauna, hydrology, geotechnical design and material characterisation underway

- KPMG Corporate Finance appointed to coordinate the Strategic Partner search for development of the GNCP

EXPLORATION

WA Gold-Nickel Assets

- Mt Zephyr regional - structural interpretation completed defining Yamarna-style structural system with altered granitoid gold host

- Gale prospect large granitoid quartz vein system, awaiting assays

Lachlan Fold Belt NSW

- NSW assets notably Lewis Ponds being evaluated for divestment

- Orange-based, NSW management team appointed

CORPORATE

Cash position at end of Quarter of $19.2M, all corporate and development activity well-funded

To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/8VV7271Y

Katina Law
Executive Chair
Ardea Resources Limited
Tel: +61-8-6244-5136

Mithril Resources Limited (ASX:MTH) Kurnalpi Nickel Drilling Underway

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Mithril Resources Ltd (the "Company") (ASX:MTH) advises that a Reverse Circulation drilling program to test a strong off hole EM conductor at its 100% owned Kurnalpi Nickel Project (located 70 kms north east of Kalgoorlie, WA - see Figures 1 in link below) has commenced.

- RC drilling to test a strong off-hole EM conductor, gossan and nickel sulphides with assay results expected by end of August

Drilling previously undertaken by Mithril at the northern end of the project (in March 2018) confirmed the presence of nickel sulphide mineralisation with a 4-metre zone of gossanous weathered ultramafic and several other narrow intervals of disseminated nickel sulphide mineralisation intersected beneath a flat-lying zone of near-surface nickel - cobalt mineralisation.

Subsequent downhole EM geophysical surveying identified a strong off hole conductor lying adjacent to the sulphide mineralisation at approximately 150 metres depth (See ASX Announcement dated 20 April 2017).

The strength of the conductor (which has not been previously drilled) is consistent with what could be expected from semi to massive sulphides and given its proximity to existing nickel sulphide mineralisation is a high priority drill target.

Up to three Reverse Circulation holes (750 metres in total) will be drilled as an initial test of the EM conductor, gossan and disseminated sulphide intercepts.

Drilling results are expected by the end of August and Mithril will inform the market when they are received.

To view figures, please visit:
http://abnnewswire.net/lnk/D906U195

Mithril Resources Ltd
David Hutton
Managing Director
E: admin@mithrilresources.com.au
T: +61-8-8132-8800
F: +61-8-8132-8899
www.mithrilresources.com.au

Central Petroleum Limited (ASX:CTP) Retirement of Managing Director

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Central Petroleum Limited (ASX:CTP) (CTP or the Company) announces that Mr Richard Cottee will cease employment with the company on the 31st of January 2019.

The Company has appointed a respected long term colleague of Mr Cottee, its current Chief Financial Officer, Mr Leon Devaney, as acting Chief Executive Officer (short bio attached).

"Richard's passionate contribution to, and in particular his vision for, the Company have been invaluable," said Mr Martin Kriewaldt, Chairman of the Company.

"I doubt anyone else but Richard could have achieved his vision. It has been a privilege to see him put in place the various parts of the plan over the last few months, the culmination of years of work."

"What is often missed by those outside the Company is his genuine passion for the local people of the areas in which Central works and his commitment to the Northern Territory. His sponsorship of the Central Australian Aboriginal Women's Choir is a small example of that."

"Richard is a true visionary of the industry and his knowledge and expertise are unmatched in many areas, as can be seen in his achievements both at Central and at Queensland Gas. His long term vision of the future state of the market was instrumental in the vision for Central which we will now deliver with gas under the Incitec Pivot (IPL) contract."

"We wish him and his family all the best for the future."

Leon Devaney | BSc MBA

Mr Devaney joined Central Petroleum in November 2012 and brings over 12 years of commercial and corporate finance experience within the Australian energy and resources sector. Prior to joining Central Petroleum Limited, Mr Devaney was General Manager, Gas and Power at QGC, a BG Group Company, where he was responsible for developing and implementing commercial strategies within both the domestic gas and electricity markets. He joined QGC in 2004 as Chief Commercial Officer. Prior to QGC, Mr Devaney was GM, Commercial and Finance at Queensland Gas Company, where he participated in the rapid growth of Australia's then emerging CSM industry.

Mr Devaney has previously been active in consulting and corporate finance advisory, holding senior positions at Deloitte Corporate Finance (Sydney) and PFM (Newport Beach, CA) where he specialised in structured and project finance.

Mr Devaney holds an MBA and BSc. (Finance) from the University of Southern California.

Central Petroleum Limited
T: +61-7-3181-3800
F: +61-7-3181-3855
E: info@centralpetroleum.com.au
WWW: www.centralpetroleum.com.au

Carnarvon Petroleum Limited (ASX:CVN) Dorado-1 Drilling Update

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Carnarvon Petroleum Limited ("Carnarvon") (ASX:CVN) (OTCMKTS:CVONF) is pleased to provide the following update on the drilling of the Dorado-1 well.

Progress

The 7" liner was set and cemented in place down to around 4,044 metres Measured Depth ("MD") and the well has drilled down to approximately 4,620 metres MD.

While drilling through the Crespin and Milne Members, a number of sandstone intervals have been encountered. Elevated gas readings and increased resistivity were observed in interpreted porous and permeable zones, indicating the presence of hydrocarbons.

The positive observations in this additional section of the well warrant wireline logging in order to obtain more definitive results as to, amongst other things, the nature of the hydrocarbons (oil, gas and condensate) and the characteristics of the reservoir.

Current Operations

The rig is currently drilling ahead at approximately 4,620 metres MD.

Forward Plan

The well will continue drilling ahead to a revised deeper total depth of approximately 4,650 metres MD after which a suite of wireline logging tools will be run.
  
Carnarvon Petroleum           20% 

Quadrant Energy (Operator)    80% 

To view figures, please visit:
http://abnnewswire.net/lnk/D8VE8ONO

Investor inquiries:
Thomson Naude
Company Secretary
Phone: +61-8-9321-2665
Email: investor.relations@cvn.com.au

Media inquiries:
Luke Derbyshire
Managing Director, Spoke Corporate
Phone: +61-488-664-246
Email: luke@spokecorporate.com

Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) Executes US$25 Million Term Sheet with Sprott (TSE:SII)

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Cardinal Resources Limited (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) ("Cardinal" or "the Company") is pleased to announce it has received investment committee approval from and executed a term sheet with Sprott Private Resource Lending (Collector), L.P. ("Sprott") to be provided with a US$25 million senior secured credit facility ("Facility"). The Facility is subject to mutually satisfactory documentation and other customary conditions precedent, which are expected to be completed on or about 17 August 2018.

A positive Preliminary Economic Assessment released in March this year clearly demonstrated Cardinal's flagship Namdini Gold Project in Ghana to be a low capital cost, high-margin development opportunity.

The US$25 million Facility will provide working capital and funding to complete the Preliminary and Definitive Feasibility Studies for Namdini.

Archie Koimtsidis, CEO and Managing Director of Cardinal, stated:

"We are pleased to announce third-party validation from Sprott, a leading industry participant. This Facility provides Cardinal with the ability to continue to fast-track Namdini towards completion of a Definitive Feasibility Study, anticipated in Q3 2019, while also maximizing shareholder value by avoiding unnecessary dilution.

"Importantly, the term of the Facility is 30 months and therefore provides significant flexibility for the Company as it continues to de-risk Namdini's development."

Dušan Petkovic, Principal of Sprott, commented:

"As one of the largest investors dedicated to the natural resource sector, Sprott is excited to continue its partnership with Cardinal. Our partnership with Cardinal is consistent with our strategy of providing innovative and flexible capital to maximize the value of exceptional projects."

Key terms of the Facility are as follows:

- Committed loan facility for US$25 million to be funded on the closing date

- 30-month repayment term

- Interest rate of LIBOR + 7.75%

- Early repayment flexibility

- Issue of 4,250,000 ordinary shares issued to Sprott (subject to regulatory approvals)

- The Facility is secured against assets of Cardinal and its wholly owned subsidiary, Cardinal Namdini Mining Limited.

ABOUT SPROTT

Sprott is an alternative asset manager and a global leader in precious metal and real asset investments. Through its subsidiaries in Canada, the US and Asia, the Corporation is dedicated to providing investors with best-in-class investment strategies that include Exchange Listed Products, Alternative Asset Management and Private Resource Investments. The Corporation also operates Merchant Banking and Brokerage businesses in both Canada and the US. Sprott is based in Toronto with offices in New York, Carlsbad and Vancouver and its common shares are listed on the Toronto Stock Exchange under the symbol (TSE:SII). For more information, please visit http://www.sprott.com

Archie Koimtsidis
CEO / MD
Cardinal Resources Limited
P: +61-8-6558-0573

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
P: +1-647-256-1922

Bettina Filippone
Renmark Financial Communications Inc
E: bfilippone@renmarkfinancial.com
P: +1-416-644-2020 or +1-514-939-3989

Nova Minerals Ltd (ASX:NVA) Quarterly Report - 30 June 2018

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Nova Minerals Ltd (ASX:NVA) provides the Company's Quarterly Activities and Appendix 5B for the three month period ended 30 June 2018.

PROJECT AND EXPLORATION UPDATE

THOMPSON BROS. LITHIUM PROJECT - MANITOBA, CANADA

Nova Minerals Limited 100% subsidiary, Manitoba Minerals Pty Ltd ("MMPL"), owns the rights to earn up to an 80% ownership interest in the Thompson Bros. Lithium Property in Wekusko Lake, Manitoba (the "Project") from Ashburton Ventures Inc. ("ABR"), by financing ABR's commitments under an Option Agreement with the current holder of the Project, Strider Resources Ltd ("SRL").

About the Thompson Bros. Lithium Project

The Thompson Bros. Lithium Project is located 20 kilometres east of the mining community of Snow Lake, Manitoba. The main highway between Thompson and Flin Flon and rail connecting Winnipeg and the seaport of Churchill both pass 40 km south of the property. Together with the 100% owned Crowduck project the total landholding is 5229 ha across all claims and is adjacent to Far Resources (CNSX:FAT) Zoro Lithium Property, host to several lithium bearing pegmatite dykes with numerous high grade intersections. Manitoba is consistently ranked one of the top mining jurisdictions in the world and electricity costs are amongst the lowest in North America. The project is well advanced and with a maiden Inferred Resource of 6.3 Mt @ 1.38% containing 86,940 tonnes of Li2O with an additional exploration target of 3 to 7 Mt @ between 1.3 and 1.5% Li2O in the immediate area of the resource. Initial metallurgical test work demonstrates the project can produce a concentrate material of 6.37% Li2O using standard metallurgical laboratory test techniques.

Exploration on the Thompson Bros. Lithium Project

On 10 April 2018, the Company announced the discovery of a second pegmatite cluster on the Thompson Brothers Lithium property. As part of Nova's compilation of historical data, the consulting geologists discovered details on a cluster of spodumene-bearing pegmatite dykes located about 2 km southwest of the recently drilled Thomson Brothers pegmatite (see Figure 1 in link below). This data is historical in nature and the Company has not yet confirmed these results through independent sampling.

This cluster, known as the Sherritt Gordon (SG) pegmatites, intrudes the outermost quartz diorite phase of the Rex Lake Pluton and was traced about 600 m along strike (see Figure 2 in link below) by Sherritt Gordon Mines in the 1940s. Dyke SG-1 ranges from 1.5 to 5 m in width and dips 80o to the southwest. Dyke SG-2 is thinner and located about 70 m to the northeast of SG-1 and dips 50o - 70o southwest.

In 1942, the SG-1 pegmatite was drill tested by Sherritt Gordon, and a total of twenty-one shallow drill holes totalling 608 m were completed at angles of -35o with a azimuths of 028o (see Figure 3 in link below). Rather than reporting assays for Li2O, results in the historical drill logs are reported in "Gravitational Determination Percent Spodumene". This historical drilling yielded average spodumene contents ranging from 7.22 - 31.9 percent over widths ranging from 1.52 - 5.79 m core length (see Table 1 in link below). The data contained within Table 1 (see link below) is a recalculation of percent spodumene from data obtained in the 1942 drill logs. Data for hole SG-08 was not available within the drill log data file.

SG-1 remains open along strike in both directions and at depth. Dyke SG-2 was never drilled historically. The SG pegmatites are interpreted to have intruded late stage, sub parallel en-echelon, dilatational fractures. If both dykes are projected to depth they could merge or intersect at a depth of approximately 160 m.

Nova intends to design a field mapping and follow up drilling program to evaluate the SG-1 and 2 pegmatites which could contribute to the overall resource inventory of the Thompson Brothers Lithium Project.

On 12 April 2018, the Company announced a lithium exploration target has been defined and a landholding increase of 186% over the Thompson Brothers Lithium project.

To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/ME1IF2XM

Nova Minerals Ltd
P: +61-3-9614-0600
F: +61-3-9614-0550
WWW: novaminerals.com.au

The Hydroponics Company Ltd (ASX:THC) Australian Patients Can Now Access Endoca Medicinal Cannabis

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The Hydroponics Company Limited (ASX:THC) (OTCMKTS:HDRPF) (THC or the Company), Australia's leading medicinal cannabis company(see Note below) advises that THC's wholly owned subsidiary, Canndeo Limited, has released its first medicinal cannabis products, imported from the Company's European strategic alliance partner, Endoca. The products are available through the Medicinal Cannabis Medicines Portal (MCMP: mcmp.com.au) under the Approved Prescriber and Special Access Schemes.

Key Points

- Endoca Medicinal Cannabis, imported by the Company now available to patients through the Medicinal Cannabis Medicines Portal

- Products available include Endoca's CBD and unique CBD+CBDA formulations

- Immediate patient access through the Approved Prescriber and Special Access Schemes

- Company advancing medicinal cannabis strategy - imported product followed by domestic production using pharmaceuticals manufacturing facility and growing capability

Canndeo is a founding partner of MCMP, developed by Sinapse Pty Ltd, a leader in pharmaceutical IT systems, which provides a streamlined process for medicinal cannabis prescribing and dispensing between health professionals and manufacturers of medicinal cannabis.

MCMP ensures a continuity of care between patients, carers, and their existing health professionals.

Pharmacies and prescribers can use MCMP to access THC imported Endoca oil products in both CBD and Endoca's unique CBD+CBDA formulations. To assist pharmacies and prescribers, Canndeo and Sinapse have made available various clinical materials and information on MCMP to registered prescribers and pharmacies.

Chief Executive Officer, Ken Charteris commented:

"We are pleased to now be delivering high quality medicinal cannabis products to the Australian market through MCMP having leveraged our global commercial partnerships, including Endoca and Sinapse.

"Using MCMP reduces the administrative burden on prescribing doctors and pharmacies, which is currently a key challenge for the prescribing of medicinal cannabis in Australia. We look forward to seeing the first patients using product supplied by THC in the coming weeks.

"Bringing product to the Australian market is a key step in the execution of our medicinal cannabis strategy, with imported product to be followed by THC's domestic production taking advantage of our industry leading pharmaceuticals manufacturing facility and significant growing capacity."

Note: Assessment based on key peers (CAN, AC8) comparison matrix

Henry Kinstlinger
Joint Company Secretary
The Hydroponics Company Limited
P: +61-2-9251-7177
E: henry.kinstlinger@thcl.com.au

Michael Lovesey
Director Corporate Media Relations
MMR Corporate Services Pty Ltd
P: +61-2-9251-7177
M: +61-449-607-636
E: michaell@mmrcorporate.com

Collaborate Corporation Ltd (ASX:CL8) Launch of Unlimited Kilometres and Update on Growth Opportunities

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Collaborate Corporation Limited (ASX:CL8) (Collaborate or the Company) is pleased to provide an update to shareholders on its strategic growth areas as previously outlined on 30 April 2018 and updated in the announcement on 21 June 2018. The Collaborate team is making good progress on all strategic growth areas and will continue their focus on growing both demand for and supply of vehicles.

- Strong enhancement in rental offering with the launch of Unlimited Kilometres for rental of Peugeot vehicles

- Significant progress made in strategic areas focused on growth of the DriveMyCar business

- 30 Peugeot vehicles now available for rideshare rental in Victoria

- Apartment Car Share pilot approved by strata committee of apartment development in Sydney

- Strong interest expressed for dealer rental solutions resulting in allocation of increased sales development resources to accelerate opportunity.

Launch of Unlimited Kilometre Feature for Peugeot Vehicles

Collaborate is pleased to announce that its DriveMyCar business unit has today launched an Unlimited Kilometre feature for all Peugeot vehicles. This is the first time that DriveMyCar has offered unlimited kilometres for any of its vehicles and means that renters of these vehicles can drive the cars without any concern about incurring excess kilometre charges. The Unlimited Kilometre option will be also available to Uber drivers and is expected to be highly attractive.

The launch of the Unlimited Kilometre initiative enables DriveMyCar to compete directly with the product features of traditional car rental operators, while still providing exceptional value for money. This launch combined with the recently announced short term rentals (2 day minimum), airport pick up and the availability of quality new European cars from just $29 per day delivers a highly attractive proposition to DriveMyCar customers.

Rideshare Licences Approved for Peugeot Vehicles in Melbourne

Further to the ASX Announcement of 30 July 2018 confirming that applications had been submitted to register 30 Peugeot vehicles for rideshare use in Melbourne, Commercial Passenger Vehicles Victoria (CPVV), formerly the Taxi Services Commission, has today approved the vehicles to carry commercial passengers. These vehicles are now available for rideshare rental by Uber drivers. The recently announced Uber rental referral program will now also be extended to Melbourne.

Launched on 26 July 2018, the referral program is designed to increase rideshare rentals by providing incentives for existing DriveMyCar Uber renters to refer their friends and colleagues who will then receive discounts on their first rental. The program is fully automated and operates entirely online.

Apartment Car Share Pilot

Further to the ASX Announcement of 21 June 2018 regarding the establishment of a Car Share Pilot in an apartment development on Sydney's north shore, Collaborate is pleased to announce that approval has now been received from the strata committee representing residents for the commencement of a 3 month trial. Development of the initiative is already well underway and a launch date is expected in the September 2018 Quarter.

Dealer Rental Solution

The electronic direct mail and telephone marketing campaign to engage automotive dealers as supply and handover locations for vehicles continues with a number of initial expressions of interest progressing to contract negotiation stage. To accelerate the outreach activity a telephone sales organisation has been engaged to supplement DriveMyCar's own business development efforts.

Collaborate Corporation Limited
Tel: +61-2-8889-3641
E: shareholder@collaboratecorp.com 
W: www.collaboratecorp.com

Bluechiip Ltd (ASX:BCT) June 2018 Quarterly Report

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Bluechiip Limited (Bluechiip or the Company) (ASX:BCT) today released its quarterly cash flow report for the period ended 30 June 2018.

ACTIVITIES REPORT FOR THE QUARTER ENDED 30 JUNE 2018

Highlights during the quarter

- Highest ever sales revenue of $232,384 and sales receipts of $185,862 for the quarter;

- Recorded total sales revenue of $561,544 and sales receipts of $511,650 for the year compared to $237,773 and $262,190 respectively in prior year;

- Receipt of income from the delivery of over 140,000 Bluechips to Labcon North America (Labcon), a USA-based licenced Original Equipment Manufacturing (OEM) partner;

- Research & Development (R&D) Advance of $600,000 secured by the provision of R&D Tax Incentive 2017/2018 was obtained and fully drawn-down; and

- Cash balance at 30 June 2018 $1.20M, from $1.58M at 31 March 2018

Bluechiip provides the following updates on the Company's activities during the quarter ended 30 June 2018.

Business Progress Update

Bluechiip has recently completed building the first batch of advanced-prototype multi vial readers (MVRs) able to read a box of 100 samples at once, with its manufacturing partner, Planet Innovation. They were exhibited at the recent International Society for Biological and Environmental Repositories (ISBER) conference in Dallas and at the International Society for Stem Cell Research (ISSCR) conference held in Melbourne. The MVRs received very positive interest; units have already been shipped to customers and early adopter sites.

The MVR is important to meet the cryogenic industry's need to handle high volumes of samples which translates into derivative demand for our chips. In this quarter, the Company has shipped over 140,000 chips to its customers.

Commentary on the Cash Flow Report

Bluechiip recorded sales revenue of $232,384 and sales receipts of $185,862 for the quarter, delivering both the highest quarterly sales revenue and sales receipts since its listing on the ASX. This has resulted in final aggregated four (4) quarters sales revenue of $561,544 and sales receipts of $511,650 compared to corresponding quarters in previous financial year of $237,773 and $262,190 respectively. This represents a respective increase of 136% and 95%.

Net operating cash outflow for the June 2018 quarter was $936,423, compared to net operating cash inflow of $13,074 for the March 2018 quarter. This was mainly attributable to the increase in R&D activities during the quarter and consequently the corresponding increase in employee numbers. In the prior quarter, the net operating cash inflow position benefited from the receipt of $775,504 received for the R&D Tax Incentive 2016/2017.

During the quarter, investing activities were related to the purchase of equipment to enhance the company's research and development activities in relation to its chips.

The financing activities for the quarter primarily reflect the Company obtaining and fully drawing-down an R&D Advance of $600,000, which is secured against R&D Tax Incentives receivable for the 2017/2018 financial year which is expected to be at least $1m.

Outlook

The Company remains focused on the following:

- Fulfilling the purchase orders received from customers and the receipt of subsequent cash inflows arising from them;

- Ongoing delivery of chips as part of the fulfilment of the $1m sales order received from our partner, Labcon. This has allowed Labcon to commence the manufacturing of Bluechiip enabled consumables;

- Scaling its production of chips with the aim of achieving economies of scale and bringing down the production cost of chips;

- Advancing negotiations for the licensing of Bluechiip's technology and securing new licence agreements with other OEM partners in addition to the existing licence agreement with Labcon for the delivery of Bluechiip technology and support services;

- Expand the use of Bluechiip technology in China through further sales of our developer kits through our mainland China-based distributor;

- Build a sales system that utilises Bluechiip's continually expanding OEM pipeline in the USA, Europe and APAC markets;

- Research and development to meet our current and potential OEM partners' requirements, arising from the sales of developer kits to them in prior quarters. The developer kits enable potential OEM partners to integrate Bluechiip's technology into their own products; and

- Progress work on registering further patents to add to our existing 25 confirmed patents.

Andrew McLellan
Managing Director / CEO
Bluechiip Limited
Ph: +61-457-823-470 
Email: andrew.mclellan@bluechiip.com

Media
Richard Allen
Ph: +61-3-9915-6341
Oxygen Financial PR

iSignthis Ltd (ASX:ISX) Report to Shareholders for the Quarter Ended 30th June 2018

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Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8), the global leader in RegTech for identity verification and transactional banking/payments, is pleased to provide the following business update and Appendix 4C for the quarter ended 30th June 2018.

iSignthis Ltd is able to provide the following details based on our unaudited management accounts.

Highlights:

- Unaudited management accounts reflect the following revenue performance for the period ending 30 June 2018;

o Revenue in FY18 compared to FY17 is 363% greater.

o Revenue in Q4FY18 compared to Q3FY18 is 167% greater.

o Revenue in Q4FY18 was in excess of $3.95m.

o Unaudited revenue for the 6 months from 1st January 2018 to 30th June 2018 was in excess of A$5.5m.

- Cash Receipts increased to A$2.633m, representing a 67.4% increase versus the March quarter of A$1.571m

- The Company continues to increase the value of its contracted GPTV, which is now in excess of AU$600m

- The uptake of the Company's expanded suite of emoney services and products based around the unique patented Paydentity(R) KYC technology solution, continue to build momentum.

- The Company continues to strategically invest in establishing the infrastructure and network connections to process and settle funds at the highest possible margins and reducing the reliance on third party providers. The initial increase in costs and operating at lower margins is seen as a necessary short term issue with expected margin growth to occur in the coming quarters.

- Tier 1 or direct connect capabilities to Credit Card Association, Central Banks, and Payment Schemes (e.g. SEPA, RITs, BECS, SWIFT) will be the Company's focus for the coming three quarters, in order to eliminate third parties in our supply chain, and reduce our dependency on third party networks, and the associated costs. These facilities will progressively be going live in our EU and Australian operations, with each Credit Card Association, payment scheme and central bank connection being a discrete milestone.

- Implementation of Tier 1 infrastructure will be by the inhouse iSignthis software development team, with marginal increase in staff costs.

- The Company has requested a certification slot with Mastercard for Australia, which is likely to be in circa 10-11 months based upon information received from Mastercard. AMEX is likely to be sooner, as preparations have already commenced.

- The Company commenced execution of its Australian strategy to reduce reliance on incumbent banks and legacy networks.

The Company advises that its accounts are currently being audited by the Company's auditors, Grant Thornton, and detailed commentary on revenue performance will be provided with the release of the full-year results in August 2018.

Online Briefing

An online analyst briefing will be held Friday 3rd August 2018 at 1pm. Analysts may request details and send advance questions(see Note below) by emailing investors@isignthis.com by 5pm Thursday.

Note: Origin of questions will not be disclosed. Questions not provided in advance may not be considered. The call will be recorded and made available via the ASX platform.

To view the full report with figures, please visit:
http://abnnewswire.net/lnk/CEHAC0XI

Media: contact@isignthis.com

Investor Relations
Chris Northwood
Activ8Capital
T: +61-458-809-177 
E: cnorthwood@isignthis.works or investors@isignthis.com

Kingston Resources Limited (ASX:KSN) Quarterly Activities Report

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Kingston Resources Limited (ASX:KSN) (Kingston or the Company) is pleased to provide an update on its June quarter activities.

Highlights

o Drilling underway on Misima Gold Project

o Sale process for lithium portfolio successfully concluded raising $2.4m

o 6,000m drilling program completed at Livingstone

o Experienced industry veteran, Mick Wilkes appointed to the Board

The quarter heralded several significant events for the Company:

- Commencement of exploration drilling on Misima Island marked an important milestone for the Company, commencing less than six months after acquisition.

- Sale of Kingston's lithium assets ensures greater focus can be applied to the opportunity at Misima and also materially boosting the Company's cash reserves.

- Completion of a 6,000m drilling program at the Livingstone Gold Project, with results highlighting the potential for further value creation.

- Following the conclusion of the quarter Kingston also appointed OceanaGold CEO Mick Wilkes to the Board of Directors.

Kingston MD Andrew Corbett said "The June quarter has been a transitional one for Kingston as drilling commences at Misima and the Company concludes the sale process over the majority of its Lithium holdings. We are excited to now shift our focus to the significant task ahead at Misima. Our onsite operations team continues to progress the drilling campaign and we are looking forward to reporting results in coming weeks. In Australia, Livingstone adds great optionality for the Company and we look forward to unlocking value for shareholders."

Kingston concluded the quarter with $4.7m in cash and liquid securities. The Company also anticipates an additional $1.8m from the NT lithium asset sale in the September quarter. These funds are currently held in escrow and will be released upon completion of the transaction.

Drilling will continue at Misima over the current quarter. At the end of June, Kingston has approximately $750,000 remaining to spend under the Misima earn-in. This is anticipated to be completed this quarter at which point Kingston's interest in the project will lift to 70%. At Livingstone a follow up drill program is also planned for commencement by quarter end.

To view the full report with figures, please visit:
http://abnnewswire.net/lnk/21EG9IBM

Kingston Resources Limited
T: +61-2-8021-7492
E: info@kingstonresources.com.au
WWW: www.kingstonresources.com.au

Cervantes Corporation Limited (ASX:CVS) June 2018 Quarterly Activity Report

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Cervantes Corporation Ltd (ASX:CVS) ("the Company" or "Cervantes") is pleased to provide the June quarter activity report. During the June quarter, the Company commenced and completed inaugural drilling programmes at both the Albury Heath and Primrose Projects and finalised the purchase of the Primrose Project from European Lithium Ltd (ASX:EUR).

The final assay results received post 30 June 2018 for both drilling programmes, released 17 July and 24 July 2018, were very encouraging. Additional assays from the Pansy Pit are yet to be received, although the company expects these will be in line with historical results. The Company continues comprehensive reviews of the recent and historical drilling programmes to formulate new drilling programmes for both the Albury Heath and the Primrose projects. Any new drilling programme at the Primrose Project will not only incorporate further testing for Gold but also continue testing for Nickel and Cobalt opportunities identified in previous RAB data, refer Cervantes ASX release 12 June 2018.

The Company will continue to look for further opportunities to provide additional value to the portfolio or enhance the current projects.

To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/U0A29T6V

Cervantes Corporation Limited
T: 61-8-6436-2300
F: 61-8-9367-2450
E: admin@cervantescorp.com.au
WWW: www.cervantescorp.com.au

The Betmakers Holdings Limited (ASX:TBH) Quarterly Activities Report for the Period Ending 30 June 2018

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The Board of The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) ("BetMakers", "TBH" or the "Company") is pleased to provide the following overview on the activities for the quarter ending 30 June 2018.

Highlights

- Sale of retail assets in $6M deal including ongoing revenues - initial $3M received.

- Proposed acquisition of two established, profitable businesses - DynamicOdds and Global Betting Services - to strengthen the TBH technology stack.

- Shareholders approve company name change to The BetMakers Holdings Limited.

- Entitlements Offer announced, which is looking to raise $6.7M.

- Global Tote update.

CEO of The BetMakers Todd Buckingham commented: "This quarter has been significant for The BetMakers in its goal of becoming the wholesale wagering operator of choice for the gambling market. With the completion of the sale of the TopBetta and Mad Bookie brands we are now in a position to transition towards this goal."

"Following the sale of the retail assets, the Company announced that it is acquiring two well-established and profitable companies, DynamicOdds Pty Ltd ("DO" or "DynamicOdds") and Global Betting Services Pty Ltd ("GBS"). Each of DO and GBS has produced essential tools required to manage a digital wagering book and both already have a number of Australian bookmakers in place as customers."

"In order to finalise these acquisitions, we announced that we are inviting shareholders to participate in an accelerated non-renounceable pro-rata entitlements offer to raise up to $6.7M. These two acquisitions will assist the Company to accelerate its execution of the wholesale strategy."

"This is an extremely exciting time for TBH and we are looking forward to updating the market on the next steps for Global Tote, and additional on-boarding of clients on both the DO and GBS offerings in the coming months."

To view the full report, please visit:
http://abnnewswire.net/lnk/90EYUW58

Charly Duffy
Company Secretary
E: companysecretary@thebetmakers.com
M: + 61-3-9614-2444

Jane Morgan
Investor & Media Relations
E: investors@thebetmakers.com
M: +61-405-555-618

White Cliff Minerals Ltd (ASX:WCN) Quarterly Report for the Period Ended 30 June 2018

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White Cliff Minerals Ltd (ASX:WCN) provides the Company's Quarterly Report for the period ended 30 June, 2018.

Highlights

- 2,869 metre drilling program delivers substantial mineralisation at the Coglia Well cobalt- nickel project in Western Australia

- 5,000 metre drilling program intersects wide intervals of mineralisation at the Coronation Dam cobalt-nickel project in Western Australia

- Inferred Gold Mineral Resource increases 60% to 484,000 ounces of gold (3Mt at 5.1 g/t gold) at the Aucu gold deposit in the Kyrgyz Republic

- Inferred Copper Mineral Resource increases 46% to 64,000 tonnes of contained copper at the Chanach Copper Deposit in the Kyrgyz Republic

Summary

Australian Cobalt-Nickel Projects (100% owned)

During the June quarter assay result were received from a 2,869 metre drilling program completed at the Coglia Well cobalt and nickel project in the March quarter. Drilling identified widespread cobalt and nickel mineralisation within the regolith profile above an ultramafic unit. Drilling also identified significant copper anomalism more usually associated with nickel sulphide mineralisation.

Initial drilling results were also received from a 5,000 metre program conducted at the Coronation Dam cobalt and nickel project. Initial assays received from the RC program have returned shallow and wide intervals of cobalt and nickel mineralisation, confirming the project's prospectivity and potential to host an economic resource.

Kyrgyz Republic Aucu Gold Project (90% owned)

The Company completed an updated mineral resource estimate based on drilling completed during the 2017 field season. The updated inferred gold resource using a lower cut-off grade of 1 g/t gold consists of 2.95 million tonnes grading 5.1 g/t gold containing 484,000 ounces of gold. The new resource represents a 60% increase in contained gold ounces over the previous gold resource of 302,000 ounces reported in April 2017.

This latest resource estimate also identified a new inferred copper resource, using a lower cut of grade of 0.25% copper, of 17.2 Mt tonnes at 0.37% copper, containing 64,000 tonnes of copper. The new copper resource represents a 46% increase in contained copper over the previous contained copper resource of 44,870 tonnes reported in April 2017.

To view the full report, please visit:
http://abnnewswire.net/lnk/772672U5

Todd Hibberd
Managing Director
T: +61-8-9321-2233
E: info@wcminerals.com.au
W: www.wcminerals.com.au

Core Exploration Ltd (ASX:CXO) Quarterly Activities Report

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The Board of Core Exploration Ltd (ASX:CXO) ("Core" or "Company") is pleased to present its Quarterly activities report for the Period ended 30 June 2018.

Highlights

Core has taken a major step forward during the reporting period in its goal to become a major Australian lithium producer through the delivery of its Pre-Feasibility Study (PFS) for the Grants Lithium Deposit, a key component of the Company's wholly-owned Finniss Lithium Project, located near Darwin in the Northern Territory.

During the reporting period Core also:

- Upgraded the Resource for its Grants Lithium Deposit which more than doubled the size of the Indicated Resource and substantially increased the Resource confidence

- RC and diamond core infill drilling continue to demonstrate the remarkable consistency of high-grade spodumene intersections and capacity to increase the resource at the Grants Deposit

- Established a maiden Mineral Resource estimate for the BP33 Lithium Deposit, which further increased the overall Mineral Resources of the Finniss Lithium Project in the Northern Territory to 3.45 million tonnes @ 1.4% Li2O

To view the full report, please visit:
http://abnnewswire.net/lnk/6PJX9IU0

For further information please contact: 

Stephen Biggins
Managing Director
Core Exploration Ltd
T: +61-8-7324-2987
E: info@coreexploration.com.au

Thundelarra Ltd (ASX:THX) Third Quarter Activity Report

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Thundelarra Ltd (ASX:THX) (OTCMKTS:TLXPF) provides the Company's Third Quarter Activity & Cashflow Report.

HIGHLIGHTS

WESTERN AUSTRALIA

- Garden Gully Gold Project, Murchison Region (THX 100%)

o Air Core ("AC") drilling programme: 14,025m drilled in 274 holes

o Young, Lydia, Leanne, Ardeal and Transylvania prospects tested

o New zones of gold mineralisation identified, notably at Young prospect

o Native gold panned from 16-17m

o Picture at left (scale bar in mms) (see link below)

o Hole TGGAC181

o Supergene gold mineralisation

o 150m WSW of old diggings

o Multiple follow-up targets found

o Sub-Audio Magnetics "SAM" surveying proving effective at locating sub-surface structures

o Significant new intersections (reported 28 June 2018):

-- 5m at 6.9 gpt Au from 14m in TGGAC181 (at Young);

-- 5m at 7.1 gpt Au from 36m in TGGAC151 (at Lydia);

-- 5m at 4.0 gpt Au from 60m in TGGAC152 (at Lydia).

CORPORATE

- Cash position at 30 June 2018 (excluding equity investments): $2.1 million

- Current marked to market value of equity investments: $0.3 million

SUBSEQUENT EVENTS SINCE 30 JUNE

- Crown Prince results reported on 24 July 2018. New intercepts included:

o 3.25m at 18.5 gpt Au from 107m in TGGRCDD142

o 11m at 4.9 gpt Au from 42m in TGGRC153

o 6m at 4.0 gpt Au from 37m in TGGRC151

- PoW lodged by W Richmond for follow-up drill testing at Red Bore

To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/98TM8X38

Mr Tony Lofthouse
Chief Executive Officer
Telephone: +61-8-9389-6927
Email: info@thundelarra.com.au
Website: www.thundelarra.com
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