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- 11/12/18--15:41: _ Goldfields Money L...
- 11/12/18--15:56: _ Lake Resources NL ...
- 11/12/18--16:21: _ Kingston Resources...
- 11/13/18--14:23: _ Anatara Lifescienc...
- 11/13/18--14:25: _ iSignthis Ltd (ASX...
- 11/13/18--14:49: _ Intermin Resources...
- 11/13/18--15:29: _ The Betmakers Hold...
- 11/13/18--15:37: _ Altech Chemicals L...
- 11/13/18--16:04: _ Mithril Resources ...
- 11/13/18--16:11: _ Mithril Resources ...
- 11/13/18--16:19: _ Central Petroleum ...
- 11/13/18--16:20: _ Anatara Lifescienc...
- 11/13/18--19:13: _ Kalamazoo Resource...
- 11/14/18--14:38: _ Byte Power Group L...
- 11/14/18--14:47: _ Myob Group Ltd (AS...
- 11/14/18--15:35: _ State Gas Limited ...
- 11/14/18--15:39: _ Environmental Clea...
- 11/14/18--15:42: _ Emmerson Resources...
- 11/14/18--16:25: _ MNF Group Ltd (ASX...
- 11/14/18--16:35: _ MMJ PhytoTech Ltd ...
- 11/12/18--15:56: Lake Resources NL (ASX:LKE) 2018 AGM Presentation
- 11/13/18--16:04: Mithril Resources Limited (ASX:MTH) 2018 AGM Chairman's Address
- 11/13/18--16:11: Mithril Resources Limited (ASX:MTH) 2018 AGM Presentation
- 11/14/18--14:38: Byte Power Group Limited (ASX:BPG) Update on BPX Token
- 11/14/18--15:35: State Gas Limited (ASX:GAS) Primero West-1 Drilling Report
- 11/14/18--15:42: Emmerson Resources Limited (ASX:ERM) AGM Presentation
- 11/14/18--16:25: MNF Group Ltd (ASX:MNF) Completion of Share Purchase Plan
Goldfields Money Limited (ASX:GMY) is pleased to announce that it has appointed Jussi Nunes as the new Group Chief Financial Officer (Group CFO). He will assume the position on 10 December 2018 and become a member of the Bank's Executive Management team. The Group CFO position is a new appointment to the Bank, with Jussi assuming overall responsibility for both the banking and aggregation activities of the group. Malcolm Cowell will continue as the CFO of the banking activities of the Bank and will report to Jussi in his new role. The former CFO of the Finsure business has left the business.
Jussi Nunes is a proven financial professional with more than 18 years of experience within the banking and financial services sector. In the last 10 years he has focused on running finance functions within treasury, corporate and institutional finance divisions. Most recently Jussi has been the General Manager - Business Product Finance for the Commonwealth Bank of Australia. Prior to that appointment he was the Global Head of Finance - Group Treasury and Balance Sheet Trading for the ANZ Banking Group.
Jussi completed a Bachelor of Science at the Royal Holloway University in the UK, before qualifying as an accountant after completing his studies with the CGMA. He is also a Member of the Association of Corporate Treasurers (ACT). He is a certified Greenbelt in Six Sigma Quality and also completed the Financial Management Program with General Electric (GE) Capital Europe.
"We are absolutely delighted that an experienced professional such as Jussi has decided to join our Bank in the Group CFO position, at such an important stage of our development in our digital banking journey", said Simon Lyons, Managing Director of Goldfields Money Limited. "With his impressive track record and excellent leadership skills, Jussi will be a valuable addition to the executive team of our business. He will lead a strong finance team, but will also be a great contributor to group strategy and will help us grow. "
Investor / Media Enquiries Simon Lyons Executive Director & CEO Goldfields Money Ph: +61-8-9438-8810 Andrew Rowell Director - Investor Relations Cannings Purple M: +61-400-466-226
Lake Resources NL (ASX:LKE) (FRA:LK1) is pleased to present the 2018 AGM Presentation with investment highlights.
- Lithium exploration/development in Argentina
- 3 lithium brine & 1 hard rock lithium project
- One of Largest Lease Holdings of Lithium ~ 200,000 Ha, provides scale, optionality
Two Flagship Projects:
Kachi - Large Exploration Target
- 1st resource due in weeks - PFS to follow - Development optionality
- Large basin 20km x 15km x 400-800m deep - Leases cover entire brine basin 69,000 Ha 100% owned
- In southern extension of brine producing area, 80km south of FMC (20 years production)
- New direct extraction method partnership - Reduction in time to production & lower operating costs
Olaroz — Cauchari
- Adjoins Orocobre/Advantage Lithium, Ganfeng/Lithium Americas
- Extensions of world class lithium brine resources - Grade, scale - Next to Production / Development
- Drilling underway 450m from major resources; pegged leases 2.5 years ago; results in weeks
Pegmatites - 80,000 Ha
- New modern targets in past producing pegmatite belt in Catamarca
Major Transactions in Area - Cauchari - Next to major acquisition $237M at Cauchari (Gangfeng Aug'18) = 6x LKE market value
- Kachi - South of Galaxy sale of resource - US$280M (POSCO June'18)
Undervalued vs Peers:
- Comparisons with other lithium companies in Argentina - shows deep value in LKE
- Neighbours market value between $1.1 Bn to $3+Bn; Recent research $0.44 price target
To view the presentation, please visit:
Steve Promnitz Managing Director Lake Resources N.L. T: +61-2-9188-7864 E: email@example.com
Kingston Resources Limited (ASX:KSN) Investor Presentation - November 2018.
Focused gold company with two advanced exploration projects
- Misima Gold Project (70%) 2.8Moz1 JORC Resource, historical, highly profitable large scale open pit in the Louisiade Archipelago, PNG
- Livingstone Gold Project (75%) highly prospective location within the Bryah Basin with multiple exploration targets in Western Australia
- Experienced board and management team with extensive background in gold mining and development
- Active works program ongoing in PNG and WA
o Focused on growing and upgrading the Misima 2.8Moz JORC resource then Scoping Study alongside regional exploration
o Further exploration drilling around defined high grade prospects at Livingstone
To view the presentation, please visit:
Kingston Resources Limited T: +61-2-8021-7492 E: firstname.lastname@example.org WWW: www.kingstonresources.com.au
Anatara Lifesciences (ASX:ANR) is pleased to announce that it has appointed Mr Steven Lydeamore as Chief Executive Officer (CEO), effective as of 3rd December 2018.
Anatara's Chair, Sue MacLeman welcomed the appointment of Mr Lydeamore as a key step in the Company's development and transition to its focus on human health.
Commenting on the appointment, Ms MacLeman said, "We are very fortunate to have attracted someone of Steven's calibre to lead Anatara at this important stage of the Company's journey. Steve has demonstrated through his previous roles that he has the ability to successfully commercialise products on a global scale, driving growth and shareholder value. He has a deep understanding of the human health space and brings a strong track record of success in sales and marketing; research and development, business development, mergers and acquisitions, manufacturing and finance spanning Asia Pacific, Europe, Latin America and North America and will be key in leading the next phase of Anatara's growth".
"On behalf of the Board, I would also like to thank Dr Tracie Ramsdale, who has been serving as Interim CEO since May 2018. Tracie will revert to her previous role of Non-Executive Director upon Steve's commencement."
Mr Lydeamore has 26 years' international experience in the pharmaceutical industry, working in Australia, USA and Canada. His experience extends to sales and marketing; research and development, business development, mergers and acquisitions, manufacturing and finance, including involvement in the commercial development of numerous consumer products. He spent 11 years working for Canada's largest pharmaceutical company, Apotex Inc, in a variety of roles including Vice President Global Business Development, Chief Business Officer and Managing Director of Apotex International Inc, during which time net sales grew by 42% to >$550 million. His most recent role with Apotex was as President of Apobiologix, a subsidiary responsible for development manufacturing and global commercialization of biosimilars, where he was responsible for more than 150 employees and net sales of $100 million.
He returned to Australia in August 2017 to take up the role of Chief Financial Officer for Bionomics Ltd. Prior to Apotex, Mr Lydeamore worked in various finance roles for F.H. Faulding & Co. Limited in Australia over a ten year period followed by four years in the United States at Mayne Pharma (USA) Limited as Vice President Corporate and Business Development. Mr Lydeamore holds a Bachelor of Business (Applied Economics) (Deakin) and a Master of Business Administration (RMIT). He is a member of CPA Australia; Australian Institute of Company Directors and Licensing Executives Society (U.S.A and Canada), Inc.
Mr Lydeamore said, "I am delighted to join Anatara. With strong intellectual property and a talented and passionate team, Anatara has a solid base for building a valuable business in the area of gastrointestinal health".
To view the release, please visit:
Investor inquiries Sue MacLeman Chair Anatara Lifesciences T: +61-437-211-200 E: email@example.com Media inquiries: Jane Lowe Managing Director IR Department T: +61-411-117-774 E: firstname.lastname@example.org
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8) (the "Company"), is pleased to announce that it has executed an eCommerce Acquiring Business agreement with Diners Club International Ltd.
- ISXPay will offer card acquiring services to merchants for Diners and Discover branded cards
- eCommerce/online merchant acquiring agreement
- Territory Australia, EU with global opportunity, excluding North America.
Diners Club International Ltd. is a direct banking and payment services company owned by Discover Financial Services (NYSE:DFS), with local website at http://www.dinersclub.com.au
The agreement allows iSignthis group companies, located in Australia, the EU and elsewhere in the world (except North America), by arrangement to acquire Diners Club and Discover Network branded cards directly, as an online (Tier 1) acquirer.
The agreement provides for iSignthis to acquire all types of online and eCommerce merchants, including MCC 6051 'quasi cash' merchants and MCC7995 gambling merchants.
The business model is similar to iSignthis' other major card schemes agreements, and is based upon the merchant paying iSignthis a percentage rate of the processed transaction value, comprising the Merchant Services Fee plus a Diners club set Program Transaction Amount (PTA). The PTA fee is payable to Diners Club, and varies by jurisdiction, and is conceptually alike to an interchange fee, as set by other card schemes. The Merchant Services Fee represents iSignthis' Gross Profit on each transaction.
John Karantzis, CEO of iSignthis Ltd said, "The addition of the Diners Club and Discover Network to our card acquiring services means that we now have agreements with all the major, global card schemes. We are excited to be working with Diners and Discover, and extending card the reach of their card acquiring services into the European Union, Australia and other territories, as we grow."
A direct ISXPay to Diners Club Tier 1 Technical integration will commence shortly. The Company will advise service live dates during 2019, with Diners and Discover acquiring expected to contribute to revenues during CY/FY2019.
To view figures, please visit:
iSignthis Ltd T: +61-3-8640-0990 F: +61-3-8640-0953 E: email@example.com WWW: www.isignthis.com
Intermin Resources Limited (ASX:IRC) ("Intermin" or the "Company") is pleased to announce further excellent reverse circulation ("RC") drilling results from the 100% owned Binduli gold project, located 9km west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields (see Figure 1 in link below).
- Drilling completed at the Crake prospect, part of the 100% owned Binduli gold project area, 9km west of Kalgoorlie in the Western Australian goldfields
- A total of 85 RC holes for 8,096m were drilled to an average depth of 95m
- All 1m split assay results have now been received and include(see Note 1 below):
o 13m @ 4.10g/t Au from 65m including 2m @ 18.52g/t Au from 75m (BRC18036)
o 15m @ 2.75g/t Au from 27m (BRC18069)
o 9m @ 4.38g/t Au from 39m including 1m @ 31.2g/t Au from 39m (BRC18079)
o 4m @ 4.90g/t Au from 52m and 10m @ 2.49g/t Au from 74m (BRC18044)
o 1m @ 26.10g/t Au from 68m (BRC18096)
o 3m @ 7.40g/t Au including 1m @ 19.60g/t Au from 27m and 2m @ 4.41g/t Au from 46m (BRC18071)
- Results show significant gold mineralisation over 420m strike length and remains open along strike to the north and at depth
- All data now being compiled to generate a maiden Mineral Resource Estimate with metallurgical test work and initial mining studies to commence in the March Quarter
- Extension drilling at Crake will continue as a priority in 2019, together with high priority targets including Coote, Darter and Honeyeater
- Binduli now confirmed alongside Teal, Anthill and Blister Dam as a key project area for resource expansion and testing for new open cut and underground discoveries
Commenting on the results of the Binduli program, Intermin Managing Director Mr Jon Price said:
"These latest results continue to demonstrate the potential scale and quality of the Crake prospect in an area that has seen little modern exploration, particularly at depth. To have now identified mineralisation over a 420m strike length provides us with great confidence in the entire Binduli project area which will be a priority in 2019."
"We now look forward to compiling the first Mineral Resource Estimate at Crake and moving forward with mining studies and metallurgical test work to rapidly advance the project into the mine development pipeline."
In February 2018, Intermin commenced a self-funded $4M, 55,000m drilling program across its 100% owned Kalgoorlie gold projects. The major drill program is focussed on new discoveries and resource extensions at the key Teal, Anthill and Blister Dam gold projects.
In March 2018, the Binduli joint venture tenements were returned to Intermin on a 100% basis and an initial 5,000m of RC drilling commenced at the Crake prospect shortly thereafter. A follow up drill program for approximately 3,000m was completed in the September 2018 quarter.
The geology at Crake is similar to the 390,000oz Janet Ivy open pit, located approximately 1,500m to the south, where gold mineralisation is hosted in a structurally controlled feldspar porphyry. The bulk of the mineralisation sits at below 25m depth. The top 25m is mostly barren except for minor pods of oxide ore. At the nearby Fort William and Fort Scott open pits, where over 100,000oz have been produced to date, gold is hosted within sheared units of volcanics and clastic sediments.
In total, Intermin drilled 85 RC holes for 8,096m at Crake during 2018. Initial drilling (~5,000m) focussed on areas where historical mineralisation had been delineated but appeared to have poor continuity. The results of this program have been summarised in ASX releases dated 10 July 2018 and 15 August 2018. The first program was largely successful in helping our understanding of the mineralisation by confirming the ore zone is west dipping and better grades were seen in more sulphidic zones along with quartz stock working. Local discontinuities were possibly a result of faulting and displacement.
Follow up drilling (~3,000m) then expanded the potential resource by infilling between the northern and southern drill areas and extending the northern strike length. The strike length has now increased from 360m to 420m. Most of the ore is defined within the top 100m and is open at depth, however a couple of deeper holes showed reasonable continuity to 140m vertical depth (e.g. BRC18093: 6m @ 2.15g/t Au from 163m and 1m @ 1.52g/t Au from 171m) (see Note 1 below).
The recent drill results continue to show that Crake contains significant amounts of gold mineralisation. Of particular interest are the narrow high grade veins, typically >8g/t Au, being more frequently intersected throughout the mineralisation. This potential for higher grades is seen throughout the system (e.g. BRC18079: 9m @ 4.38g/t Au from 39m including 1m @ 31.2g/t Au from 39m, BRC18082: 2m @ 7.62g/t Au including 1m @ 9.93g/t Au from 40m, BRC18096: 1m @ 26.1g/t Au from 68m and BRC180363: 13m @ 4.10g/t Au from 65m including 2m @ 18.52g/t Au from 75m (see Note 1 below). Diamond drilling to improve the understanding of these high-grade veins has been scheduled for 2019 to assess both open cut and underground potential.
In addition, several new, shallower lodes have been intersected as the drilling has stepped back to the west (e.g. BRC18100: 5m @ 1.38g/t Au from 33m, BRC18071: 3m @ 7.40g/t Au from 27m and BRC18092: 1m @ 3.18g/t Au from 24m, 1m @ 4.72g/t Au from 30m and 1m @4.22 g/t Au from 35m) (see Note 1 below). This new mineralisation is consistent with other (multiple) stacked lodes now being interpreted at Crake. The lodes defined to date are typically 1-6m thick but can swell out to 25m. Further step back drilling to the west will test these new lodes in 2019.
A maiden Mineral Resource Estimate will be compiled and is expected to be released in the March Quarter 2019.
Further exploration and resource drilling is expected to commence at Crake during 2019. In addition, as previously announced, Intermin intends to undertake drilling at several historic prospects at Binduli (see Figure 3 in link below). These include Coote which is only 700m west of Crake and also appears to be directly along strike from the Janet Ivy open cut mine. Historic results from Coote include 5m @ 19.62g/t Au and 12m @ 2.33g/t Au(see Note 2 below).
Darter is located 1,600m north along strike from Crake and has recorded highly encouraging mineralisation such as 20m @ 2.85g/t Au. Further north at Honeyeater, there are historic RC hits such as 1m @ 175g/t Au and 17m @ 2.06g/t Au(see Note 2 below).
Most of these areas have not been subjected to adequate drilling and have considerable upside potential.
1 see Table 1 on Page 6, Competent Persons Statements on Page 9, Forward Looking Statement on Page 10 and JORC Tables on Page 11
2 Historic results as announced mostly recently to the ASX on 16 April 2015
To view tables and figures, please visit:
Jon Price Managing Director Tel: +61-8-9386-9534 E: firstname.lastname@example.org Michael Vaughan Media Relations - Fivemark Partners Tel: +61-422-602-720 E: email@example.com
The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) ("Company") is pleased to announce that its wholly-owned subsidiary, Global Betting Services Pty Ltd ("GBS"), has signed an agreement with WHG ("WHG Agreement") to provide a global racing solution for William Hill UK, both retail and online and its B2B customers throughout the UK and US. The WHG Agreement is expected to have a material economic impact on the Company.
- 2+ year deal with international bookmaker William Hill Global ("WHG") begins immediately
- WHG covers UK online and betting shops, William Hill US and other B2B partners
GBS will provide WHG with key offerings from its global products and services suite, including:
- Premium Price Manager, which allows William Hill to automatically and instantly price thousands of racing events simultaneously without the need to increase resources, such as traders and IT staff;
- Racing Data Delivery Services, which combines data feeds from numerous jurisdictions into a single, manageable solution, enabling WHG to expand the amount of events William Hill and WHG partners can offer; and
- Tote access, which allows William Hill to offer another wagering product to its fixed odds racing solutions, both in the UK and, in particular, the US market where pari mutual betting is legal across most of the States.
While the commercial terms of the deal are confidential, the Agreement, which begins immediately, will run until the end of 2020.
William Hill Group Trading Director, Terry Pattinson commented, "After a very successful six years of working with GBS under the William Hill Australia brands, William Hill Group Trading is committed to working more closely with The BetMakers as the company pushes towards a worldwide racing trading product."
"Implementing The BetMakers' products will allow us to offer an unparalleled global racing product in all racing jurisdictions as we further expand outside the UK, with racing product from Asia, Europe, Australia and importantly North America being a key driver of our expansion."
CEO of The BetMakers Todd Buckingham said: "This is a significant milestone for The BetMakers with William Hill having such a big reach across the UK and into the US markets through its B2B customers. We look forward to working with its team to deliver a racing solution that meets its needs and we look forward to delivering innovative products to enhance its offerings and deliver maximum returns."
"Given William Hill Global power more than 100 sportsbooks in Nevada alone, and it has made its intention clear that the US is a major focus, we are excited about the prospect of working with WHG as it expands throughout the US."
About William Hill Global
William Hill PLC is one of the world's leading betting and gaming companies, employing around 16,000 people. Founded in 1934 and listed on the London Stock Exchange, it aims to provide gamblers with a fun and safe gambling experience, and has set the ambition that nobody is harmed by gambling. The majority of its GBP1.7bn annual revenues are still derived from the UK, where it has a national presence of licensed betting offices and one of the leading online betting and gaming services. William Hill Online has operations in Italy and Spain and serves online customers throughout the world from its headquarters in Gibraltar. In 2012, it established William Hill US with a focus on retail and mobile operations in Nevada, which is now the largest sports betting business in the US. It currently operates 126 race and sports books in Nevada, New Jersey, Mississippi, West Virginia and Iowa, is the exclusive risk manager for the sports lotteries in Delaware and is the exclusive partner to IGT to provide sports betting services to the lottery in Rhode Island. It also has licensed operations in The Bahamas and St. Kitts. William Hill PLC is listed on the London Stock Exchange and is a member of both the FTSE 250 and FTSE4Good Indices.
Corporate Advisor Update
The Company would also like to advise the market that, further to the announcement released on 14 June 2018, the Company has entered into a deed of termination with corporate advisors, Red Leaf Securities Pty Ltd ("Red Leaf"), to terminate the corporate advisor services provided to the Company.
The parties have mutually agreed to terminate the agreement with Red Leaf receiving payment of $20,000 (plus GST) in respect of the provision of services for two months. TBH will not be required to issue Options to Red Leaf as previously announced.
Charly Duffy Company Secretary E: firstname.lastname@example.org M: + 61-409-083-780 Jane Morgan Investor & Media Relations E: email@example.com M: +61-405-555-618
Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) is pleased to announce that it has been issued a land sub-title number (PTD number) for its ~4Ha site in Johor, Malaysia. The receipt of the PTD has enabled the Company to now submit a development order application to local authorities in Johor for its proposed high purity alumina (HPA) plant.
- Land sub-title number (PTD number) received
- Construction development order application submitted
- Preparation of early bulk earth works underway
Altech has been advised that the development order approval time-line is typically 6-8 weeks, however the Company is working with its appointed EPC contractor SMS group GmbH and local authorities for the earlier commencement of bulk earth works and the mobilisation of various sub-contractors, to maintain project momentum.
Earlier this month (refer ASX Announcement dated 6 November 2018), the Company announced that it had finalised its HPA plant site layout and building design, a final requirement before the submission of the development order application.
Corporate Iggy Tan Managing Director Altech Chemicals Limited Tel: +61-8-6168-1555 Email: firstname.lastname@example.org Shane Volk Company Secretary Altech Chemicals Limited Tel: +61-8-6168-1555 Email: email@example.com Investor Relations (Europe) Kai Hoffmann Soar Financial Partners Tel: +49-69-175-548320 Email: firstname.lastname@example.org
Mithril Resources Limited (ASX:MTH) provides the Company's Chairman Address to the 2018 Annual General Meeting.
On behalf of the Board of Directors, it is my pleasure to welcome you to the 2018 Annual General Meeting for Mithril Resources Limited ('Mithril' or 'Company').
Mithril continues to actively explore its Billy Hills and Kurnalpi Projects, as well as generating new exploration opportunities to strengthen its portfolio.
At Billy Hills we are targeting large scale deposits under cover along strike from known mineralisation, namely the Pillara Zinc Mine that produced approximately 10.3 Mt of ore grading 6.9% Zn and 2.3% Pb from June 1997 to October 2003. Four initial targets have been prioritised for follow-up on these newly granted tenements and these are highlighted by elevated rock chip results up to 14.24% zinc + lead, an untested IP geophysical anomaly and broad zones of bedrock anomalism in historic drill intercepts. This is an exciting zinc opportunity and David Hutton, our Managing Director will provide further detail in his presentation at the end of the meeting.
At the Kurnalpi Project, nickel sulphide mineralisation was confirmed in reverse circulation (RC) drilling during the year and importantly demonstrated that nickel sulphides are present within an extensive and largely untested unit of ultramafic rocks. We are confident that ongoing exploration will ultimately be successful at Kurnalpi, and we look forward to carrying out further drilling in early 2019.
Late in the year the Company applied for new exploration licences in the highly prospective Bangemall Basin targeting base metal mineralisation. The tenements are situated northwest of Meekatharra and are in a similar geological setting to the large Abra Deposit held by Galena Mining Limited. Target generation ahead of the grant of tenure is underway and several priority targets have been highlighted through the integration of various historic datasets. Again, David Hutton will provide further details on these targets in his presentation at the end of the meeting.
I would like to take this opportunity to express my thanks to my fellow directors, management and staff for their dedication and work during the past 12 months. We are committed to progressing the Company and advancing our projects towards discovery for the benefit of all shareholders.
I also take this opportunity to thank all shareholders for your continued support of Mithril.
To view 2018 AGM Presentation, please visit:
Mithril Resources Ltd David Hutton Managing Director E: email@example.com T: +61-8-8132-8800 F: +61-8-8132-8899 www.mithrilresources.com.au
Mithril Resources Limited (ASX:MTH) provides the Company's 2018 AGM Presentation.
Boots on ground explorer
- Our Current focus
o Billy Hills (zinc)
o Kurnalpi (nickel)
- Emerging Opportunities
o Bangemall (copper, lead, zinc)
o Duffy Well (gold)
- Exploration partnerships
o Limestone Well (vanadium)
To view the full presentation, please visit:
Mithril Resources Ltd David Hutton Managing Director E: firstname.lastname@example.org T: +61-8-8132-8800 F: +61-8-8132-8899 www.mithrilresources.com.au
Central Petroleum Limited (ASX:CTP) provides the Company's Chairman Address to Shareholders.
Fellow Shareholders, Ladies and Gentlemen
Much has happened at Central since the AGM last year where shareholders did me the honour of electing me to the Board.
The achievements of the last year to June are outlined in the Annual Report and I will not repeat them here, other than to underscore just how transformational they were - leading to positive cash flow which can be used to reduce debt and fund the next phase of the strategy.
What will interest most shareholders is how we have progressed since then to today.
All of it should be seen through the drivers of shareholder value - more molecules and sales of them.
Plant Upgrade Projects
By far the most important task for Central has been to deliver the plants necessary to supply the gas we have contracted to sell. I am pleased to report that, as of this morning, we are still on track to be able to meet our contracts.
We still have 3 weeks to go, but that means that many of the risks which we could see in June have been avoided or minimised. Still, we will not break out the beer until we are actually delivering at the contractual rate.
Latest Reserves and Resources Certification
Another very important task has been to get certification of the oil and gas reserves and resources which the company has now, following the work done in the fields and the results of our drilling. The arrival of the Northern Gas Pipeline in about 3 weeks changes our gas from stranded to available and changes the picture substantially from the last report.
The release of the Netherland, Sewell and Associates assessment yesterday with a 65% increase in 1 P, a 37% increase in 2P and 67% increase in 3P gas volumes is driven both by the contracts and by the existence of the pipeline. As you will hear from Mr Devaney shortly, there is both room for further sales and the opportunity for further reserves and resources.
Our rights to explore and to produce, in all respects, come back to the Traditional Owners on whose land we operate. Our relationship with them is the most important we have - bar none.
The Board and management recognise this and we are exploring with them the best way to make sure that we hear their views in making our decisions. Direct communication between them and the company at the highest levels is what we both seek. We re-started that with a very productive meeting recently and have followed that up with progress on several pressing issues.
I am fortunate to share a very personal relationship with the Traditional Owners at Palm Valley. My father visited them often and was accorded a very great honour by them both during his lifetime and on his passing. It has been very moving to sit down with the descendants of the people whom my father knew and loved - a passion he passed to his family.
The Board has also been busy with respect to employment searches too.
The most obvious is a new CEO to follow Mr Cottee on his cessation of the current dual roles of CEO and Managing Director. The Board has engaged a search firm and we discussed the long list of possible candidates at our meeting yesterday.
The pace of the search has been affected by the need to concentrate on finalising the plant upgrades and the usual Christmas/New Year slow down limiting the availability of people. We expect to announce the new CEO in the first quarter of next year. Mr Devaney is obviously one of the candidates for that role.
The second is adding skills to the Board. As the company moves to more operations and exploration, the Board recognised that we need to add skills to the Board and had started the process to add another director to achieve that. The resignations of Mr Woodall, Dr Ryan and Dr Moore have expanded that need significantly.
To do its role, a Board needs relevant experience in the industry as well as other aspects of business. The industry experience piece is often the hardest to find.
I will hand you over to Mr Devaney to present some aspects of the company in more detail.
Some of you will have met and spoken to Mr Devaney at prior AGMs or perhaps at Queensland Gas. For those of you who did not, Mr Devaney came to Australia in 2000 from the USA.
From 2004 - 2008 he was at Queensland Gas. He was a core member of the QGC executive team through the BG group takeover.
After the takeover in 2008 he stayed at QGC until 2012 managing the third party gas purchase strategy for QCLNG and in that role obtained a deep inside knowledge of the supply and demand of the LNG projects in particular and, for us, the broader east coast gas market.
In 2012 he joined Central in a commercial role to be part of creating a substantial company to exploit the changing gas market.
With an eye to broadening his experience and skill set, for succession planning reasons, the Board appointed him as CFO in 2014 and he has been Acting CEO since August.
The bulk of Leon's CFO role has however remained in the commercial space as we have an excellent finance team very capably led by Steve Wright. So Leon has been in the thick of the commercial transactions which have brought Central to where it is today.
In terms of Central's success so far, Leon was the person in Central who suggested the Mereenie opportunity. He led the negotiation of the deal and its funding.
The EDL gas sale contract, which made such a difference to this year's financial results, was led by Leon. Central was the "roughie" which won that horse race.
The two IPL deals, each immensely complicated, were also led by Leon.
Delivering the commercial outcome, as well as finding the finance to be able to perform them was very much Leon's patch.
He did not do them alone, but the perception of who did what in these things is markedly different from the inside than it is from the outside. We on the inside know Leon's contribution was immense.
His expertise in the minutiae of the gas market was recognised when he was asked to be a member of the Gas Marketing Reform Group, a key part of the Vertigan reforms to pipeline tariff and usage regime.
To view 2018 AGM Presentation, please visit:
Central Petroleum Limited T: +61-7-3181-3800 F: +61-7-3181-3855 E: email@example.com WWW: www.centralpetroleum.com.au Media Enquiries Helen McCrombie at Citadel-MAGNUS T: +61-2-8234-0103 M: +61-411-756-248
Anatara Lifesciences Ltd (ASX:ANR) provides the Company's Chairman Address to Shareholders.
Before moving on to the resolutions, I would like to take this opportunity to formally introduce myself as the new Chair of Anatara's Board of Directors and to reflect on my first two months in the role. It has been an extremely interesting and exciting time to join the Company as we embark on a new business strategy and a new focus in human health. I continue to be impressed by the dedication, enthusiasm and passion shown by the Anatara team, and I have no doubt that we will achieve our goal of becoming innovators in human gastrointestinal health.
Before looking ahead however, I would like to take a moment to reflect on a year that has seen some highs and lows.
The Company was delighted to achieve a number of significant milestones this year, including the licensing of our lead product Detach, to Zoetis Inc. We believe we have secured an outstanding commercial partner in Zoetis. They are the world's leading global animal health company and our agreement spans all livestock species; offering Anatara the potential for the partnership to lead to multiple, larger markets for the product over time.
Following this, we were thrilled to announce the recent approval of Detach by the Australian Pesticides and Veterinary Medicines Authority (APVMA), to be registered as an oral drench for use in piglets. This milestone was the culmination of many years of hard work from our team and was one of the core corporate objectives the company promised to deliver at the time of listing in 2014.
While it is disappointing that these successes have not been reflected in the share price, Anatara's foundations are built on strong and successful science and we remain committed to driving value for shareholders through our human product pipeline.
There were also some changes within the team during the year, including the departure of members of the Board and leadership group. The contributions made by co-founder's Dr Mel Bridges and Dr Tracey Mynott, along with Directors Iain Ross and Paul Grujic, have been significant and substantial. They each served tirelessly during their time with Anatara and I would like to take this opportunity to personally thank each of them for their dedication and commitment.
I would also like to welcome newly appointed Director, Dr Jane Ryan, who joins Anatara with a wealth of human health experience and affirm that the strategy developed by the previous board has been reviewed and we are aligned with our future in human gastrointestinal health. We expect further refinement of this strategy following the appointment of our new CEO.
In this regard, the CEO recruitment process has been rewarding and we were delighted to have attracted an impressive array of high calibre candidates. First and second interviews have taken place and we are now in negotiation with the chosen candidate who comes with significant international experience in the industry including roles in product development and commercialisation, business development, manufacturing and finance spanning Asia Pacific, Europe, Latin America and North America. We expect to provide more information on this appointment in the next week or so.
As stated in our recent annual report, Anatara's goal is to deliver positive outcomes for patients and drive value for our shareholders by developing scientifically innovative and commercially attractive products for gastrointestinal health in areas of critical need.
Inflammatory Bowel Disease (IBD) and Irritable Bowel Syndrome (IBS) are two such areas, with more than 5 million people suffering from IBD worldwide and 11% of the global population being affected by IBS, with symptoms such as abdominal pain, bloating, constipation or diarrhea.
Given the large and growing market opportunity, we are focused on developing our Gastrointestinal ReProgramming (GaRP) dietary supplement. GaRP is a proprietary formulation that is designed to be used as an adjunct to prescription medication, to manage the chronic symptoms associated with gastrointestinal disorders such as IBD and IBS. Due to the complex nature of the disorders and the diversity of individualised symptoms, patients experience high failure rates of current prescription therapies.
Approximately 50% of IBS and 30-50% of IBD patients seek additional relief of their symptoms through the use of adjunct therapies and complementary medicines. We believe there is currently no other product on the market designed to be used in this way; therefore, GaRP is uniquely positioned to empower patients to better manage their own chronic conditions.
We have completed the dose selection of each of the GaRP formulation components and in the coming months we will be completing our proof of concept studies to support the effectiveness of GaRP in managing the symptoms of IBD and IBS, while also restoring and maintaining good gut health. However, I will leave it to our Chief Development Officer, Dr Tracey Brown, to provide more details on the GaRP scientific program shortly.
Another significant development for the Company is the appointment of a dedicated Product Development Advisory Board. We feel very privileged to have attracted advisors with world-leading experience in gastrointestinal disorders. Their expertise will be invaluable as we look toward commercialising our GaRP dietary supplement, in providing advice on our product development programs and long-term strategic goals.
With our new business strategy, the recently appointed Product Development Advisory Board, new incoming CEO, and the advancements of our GaRP dietary supplement program, I believe Anatara is in a very strong position heading into 2019.
In closing, I would like to thank you, our shareholders, for your support and shared belief in the Company. Thanks also to my fellow Directors for the discipline applied to guiding the Company during the year, and to our dedicated team for their continued hard work and ongoing commitment to Anatara. I would specifically like to thank Dr Jay Hetzel who is stepping off the Board today as previously announced and thank him for his significant contribution. As we push ahead with our plans in human gastrointestinal health, I look forward to meeting with more of you and keeping you updated on our progress.
Thank you, Ladies and Gentlemen.
We will now view a short video where we will hear directly from IBD and IBS patients. They will describe their experience with their disorders and their ongoing search for symptomatic relief. I will then introduce Dr Tracey Brown to deliver a brief scientific update.
To view the AGM Presentation, please visit:
Investor inquiries Sue MacLeman Chair Anatara Lifesciences T: +61-437-211-200 E: firstname.lastname@example.org Media inquiries: Jane Lowe Managing Director IR Department T: +61-411-117-774 E: email@example.com
Kalamazoo Resources Limited (ASX:KZR) is pleased to advise that it has signed a Term Sheet to sell its Snake Well Gold Project in the Murchison region of Western Australia for $7.0 million to Adaman Resources Pty Ltd ("Adaman").
- Kalamazoo has signed a Term Sheet for the $7.0 million sale of its Snake Well Gold Project in Western Australia to Adaman Resources
- Kalamazoo maintains a 2.5% Net Smelter Royalty on any base metals mined within the project area
- Tenement Sale Agreement to be finalised by 31 December 2018
- $7.0 million sale proceeds payable over 24 months and will fund Kalamazoo's aggressive exploration and drilling program at its Wattle Gully Gold Project, at Castlemaine in Victoria and its Pilbara gold tenements in WA
- $1.5m cash to be paid to Kalamazoo on or before 31 December 2018
A key component of the transaction is that Kalamazoo can elect to engage Adaman to provide up to $4.0m of drilling services (deducted from the sale proceeds) at the Wattle Gully Gold Project in Castlemaine, which if exercised further fast-tracks Kalamazoo's drilling program.
The Snake Well sale follows Kalamazoo's acquisition in June this year of the entire Wattle Gully Gold Project and the surrounding Castlemaine Goldfield in Victoria.
"The sale of the Snake Well Gold Project is an excellent result that will enable Kalamazoo to fully fund and accelerate its initial exploration and drilling programs at Wattle Gully and in the Pilbara over the next two years," Kalamazoo's Chairman, Mr Luke Reinehr, said today.
"Snake Well has been a wonderful initial project for us with its very successful trial pit (4,459 ounces of gold mined at 6.83g/t in 2016) and now provides the opportunity to generate further cash for our next stage of growth," Mr Reinehr said.
"Importantly, we have kept an interest in the base metal rights at Snake Well which provides Kalamazoo and its shareholders with further opportunities," he said.
Snake Well has a Mineral Resource Inventory of measured, indicated and inferred gold resources, reported in accordance with JORC 2012 of 1.79Mt @ 2.45 g/t Au, for 141,000 ounces of gold and this represents a sale price of $50 per resource ounce (Refer to ASX : KZR AGM presentation November 20th, 2017).
Mr Reinehr said the past 18 months had been a very exciting and progressive period for Kalamazoo that had seen the Company list on the ASX and acquire two major exploration projects with significant potential.
"The Company has been focused on prioritising its exploration activities and the sale of Snake Well has not diminished Kalamazoo's belief in this project's excellent gold and base metals potential. The opportunity to establish a relationship with Adaman that would add significant value to our respective companies was compelling," he said.
Adaman Resources, a privately-owned mining solutions provider with drilling, logistics and corporate capabilities, is co-owned by two independent mining services companies, headed by Nathan Mitchell of The Mitchell Group and Mark Rowsthorn of the Rivet Group. Adaman in May this year, purchased the Kirkalocka gold mine near Mt Magnet in the Mid-West.
The $7.0m sale proceeds will be paid in cash progressively over the next 24 months and is secured across the project. The sale will be subject to all necessary governmental consents and approvals normal for a transaction of this type, including any requisite consent of the Minister under the Mining Act 1978 (WA). At settlement of the sale, Kalamazoo will pay to Atlas Iron Limited (ASX:AGO), the previous owner of the Snake Well Gold Project the sum of $625,000 in full satisfaction of an outstanding gold royalty across the project.
Kalamazoo's June 2018 Victorian acquisition secured the entire Wattle Gully Gold Project and the surrounding 288km2 Castlemaine Goldfield. This was achieved via Exploration Licence (EL006679) and application (EL006752) with both tenements covering major structures interpreted to be commonly associated with high gold potential. Included in the acquisition of this advanced regional gold asset is an extensive exploration database and substantial drill core farm at minimal cost. The Castlemaine Goldfield produced 5.6M ounces* of gold across its life and is one of the richest gold fields in Australia, with only minor exploration activity having been undertaken over the past decade with limited effective drilling below 400m. (*refer to Willman et al 2002, Geology Survey Victoria, report 121).
Kalamazoo considers there is significant potential to apply modern exploration techniques, and to look for mineral zones at depth. This is a similar strategy that has been successfully applied at Kirkland Lake Gold's (ASX:KLA) Fosterville gold mine, 45km to the north east and Catalyst Metals (ASX:CYL) Tandarra gold project north of Castlemaine.
Details of the Transaction
The principal terms of the transaction are as follows:
- The Agreement will cover Exploration Licences 59/2239, 59/2240 and 59/2137 and Mining Leases 59/41, 59/474, 59/476, 59/477 and 59/565 including the right to all minerals.
- Consideration of $7.0 million in cash will be paid as follows:
o a refundable deposit of $150,000 on execution of the Term Sheet;
o $1,350,000 payable on 31 December 2018 or signing the Tenement Sale Agreement, whichever occurs first;
o $500,000 on or before 30 June 2019;
o $1,000,000 on or before 31 December 2019;
o $750,000 on or before 31 March 2020;
o $750,000 on or before 30 June 2020;
o $1,000,000 on or before 30 September 2020; and
o $1,500,000 on or before 31 December 2020.
- Kalamazoo retains a 2.5% Net Smelter Royalty on the value of all base metals mined and recovered from the tenements;
- The parties may agree for Adaman to provide up to $4.0 million of drilling services for Kalamazoo's Wattle Gully Project on commercial arms' length terms with any amounts used deducted from the consideration payable.
Luke Reinehr Chairman Kalamazoo Resources Limited T: +61-3-9988-9007 M: +61-413-866-611 E: firstname.lastname@example.org
On 19 July 2018, Byte Power Group Limited (ASX:BPG) (BPG) announced that it intended to undertake a token generation event for the Byte Power X Loyalty Token (BPX Tokens). BPX Tokens are utility tokens relating to the loyalty program which provides a discount on commissions for users of the Byte Power X Cryptocurrency Exchange (Exchange).
On 5 September 2018, BPG released a statement to the market responding to various queries from the Australian Securities Exchange regarding the BPX Tokens. The statement, among other things, confirmed that BPG had received legal advice that:
(a) the BPG Tokens are not financial products for the purposes of Chapter 7 of the Corporations Act 2001 (Cth) (Corporations Act);
(b) the offer of BPX Tokens does not constitute an offer to issue one or more securities (including shares in a body or interests in a managed investment scheme), or any other kind of financial product.
As at the date of this statement, BPG has sold 15,599,300 BPX Tokens to selected private investors in Singapore and Australia.
BPG has since become aware that the Australian Securities Investments Commission (ASIC) has concerns that the BPX Tokens may constitute interests in a managed investment scheme. BPG maintains the view (supported by its external legal advice) that the BPX Tokens are not interests in a managed investment scheme or any other type of financial product for the purposes of Chapter 7 of the Corporations Act.
However, if the BPX Tokens are determined to be interests in a managed investment scheme or any other type of financial product, BPG:
(a) would be required to obtain an Australian Financial Services licence (AFSL) in respect of the issuing of the BPX Tokens and the operation of the Exchange; and
(b) would be subject to the regulatory and compliance requirements applying to managed investment schemes in Chapters 5C and 7 of the Corporations Act, including the requirements relating to the registration of a managed investment scheme.
In response to ASIC's concerns, BPG has at this stage:
(a) suspended the offer of the BPX Tokens in Australia; and
(b) sought further legal advice.
BPG will continue to liaise with ASIC with the aim of addressing its concerns about the legal status of the BPX Tokens.
Michael Wee Company Secretary Byte Power Group Limited T: +61-7-3620-1688 www.bytepowergroup.com
MYOB (ASX:MYO) will today host its 2018 Investor Day. A copy of the presentation is attached and will be made available on MYOB's investor website.
- MYOB confirms market leadership position in online subscriber growth in Australia and New Zealand, adding more than 200,000 online subscribers in the 12 months to September 2018
- Online subscribers reached more than 550,000 at the end of September 2018, up 60 per cent year on year
- MYOB's strategy to invest for future growth has commenced, with a clear focus on increasing subscribers, improving retention and lifting ARPU
- The accelerated investment in the MYOB Platform is progressing well. Attendees at today's Investor Day will see the first product demonstration of the end-to-end compliance workflows in the MYOB Platform. Other updates include the acceleration of the online Corporate Compliance and Document Management modules, with a brought forward date to be initially in market in 2019
- New strategic partnership with Mastercard enables supplier and payroll payments to be made within MYOB software, opening up an addressable market opportunity of c.$200bn for MYOB to penetrate.
- A highly engaged team together with a strong employee brand delivers engagement scores well above the New Tech benchmark
- Medium-term guidance reaffirmed; MYOB on track to reach 1 million online subscribers in 2020
Tim Reed, Chief Executive Officer:
"We are excited by the progress we are making in our business. We have entered a 2-year period of accelerated investment and the benefits are already being realised. In the past 12 months we have added more than 200,000 online subscribers, confirming our leadership position in the online accounting market.
Delivery of our online platform is progressing well, and for the first time we are pleased to demonstrate the end to end compliance workflows- a clear differentiator for us in the industry.
The MYOB Platform will enable our vision of the The Connected Practice - a bold vision we have for the future of our industry. We are delivering a single cloud platform that leverages artificial intelligence to significantly streamline the processes across both SMEs and Advisers.
Great software is built by a great team. Our confidence in our ability to build the MYOB Platform is based on our highly engaged team. The ability for us to attract and retain top talent is strong and positions us well above the new tech benchmark for employee engagement."
To view Investor Day Presentation, please visit:
Investor and Analyst Enquiries Christina Nallaiah Head of Investor Relations T: +61-2-9089-9122 M: +61-468-362-553 E: email@example.com Media Enquiries Conor Roberts NZ Corporate Communications M: +64-21-124-6004 E: Conor.firstname.lastname@example.org
State Gas Limited (ASX:GAS) is pleased to advise that drilling activities at the Primero West- 1 well at the Reid's Dome Gas Project (PL 231) reached the planned depth of 250 metres this morning at 7:40AM (AEST). Drilling ceased at 250.77 metres total depth.
With the completion of drilling activities, logging, testing and cementing will now be conducted at Primero West-1 over the coming days. State Gas will release a further update when the results of logging and testing are available.
As previously advised, following these activities, the Primero West-1 well will be plugged and abandoned on the basis that any full-field development of the Cattle Creek Formation within PL 231 will require additional drilling and a focused seismic program to optimise the locations of production wells.
Primero West-1 was located and designed to test the Cattle Creek Formation within PL 231 and is 100%-funded by State Gas Limited in accordance with the requirements of the Joint Venture Operating Agreement.
Following completion of activities at Primero West-1, Silver City Drilling Rig-25 will be mobilised to the Nyanda-4 site approximately 13.5 kilometres to the south within PL 231.
The Nyanda-4 well has a planned depth of 1,000 metres and is a jointly-funded well in accordance with the terms of the Joint Venture Operating Agreement. Under the terms of the Agreement, State Gas is only responsible to meet its 60% of the costs.
State Gas Limited is Sole Operator and 60% owner of the Reid's Dome Gas Project (PL-231).
To view figures, please visit:
Lucy Snelling Chief Executive Officer M: +61-439-608-241 E: email@example.com Greg Baynton Executive Director M: +61-414-970-566 E: firstname.lastname@example.org
Environmental Clean Technologies Limited (ASX:ECT) (ECT or Company) is pleased to advise that the board of NLC India Limited (NLCIL) has approved the Research Collaboration Agreement (RCA) for the Company's India project.
- RCA approved by NLCIL
- NMDC Limited (NMDC) board approval expected to follow shortly
- Request to extend Voluntary Suspension
The Company recently entered Voluntary Suspension (13 November 2018), following an earlier Trading Halt (9 November 2018), pending the outcome of board meetings by its India project partners to consider approving the signing of the RCA.
NLCIL held its board meeting as scheduled yesterday (14 November 2018) and have confirmed that their board has provided the anticipated approval.
NMDC held their board meeting on 13 November 2018, however, consideration of the RCA approval was deferred due to the unexpected absence of the Director sponsoring the project. ECT is currently in discussion with NMDC to confirm whether the proposal will proceed via a circular resolution or an additional board meeting during this month. This process is not expected to result in material delays as NMDC have previously provided in-principle approval subject to NLCIL board approval, which is now in hand.
ECT Chairman Glenn Fozard commented, "We're extremely pleased to have received NLCILS's approval and look forward to NMDC following suit shortly.
"Once NMDC have formalised their approval to sign the RCA, we'll release an overview of the commercial terms and the expected timing for the signing ceremony, followed by our revised revenue model, ahead of the AGM on 30 November."
The Company requests that the Voluntary Suspension be extended until Friday 16 November.
Glenn Fozard Chairman Environmental Clean Technologies Ltd E: email@example.com WWW: www.ectltd.com.au
Emmerson Resources Limited (ASX:ERM) (OTCMKTS:EMMRF) provides the Company's AGM Presentation.
Why invest in Emmerson?
1 Exposure to high-grade Cobalt, Copper and Gold
- Best intersections of greater than 8m at 157g/t gold, incl. 5m at 251g/t gold....remains to be followed up
2 Revenue Stream from New Strategic Alliance
- Processing - refurbished mill
- Mining - ERM's mines + others
- Exploration - earn-in on the SPA
3 Commanding ground positions in highly prospective provinces
Tennant Creek (2,600km2) and NSW (2,400km2)
4 Track record of discoveries from systematic science based exploration
- Goanna, Edna Beryl, Mauretania (NT)
- Kadungle, Whatling Hill (NSW)
5 Highly credentialed and committed Board and Management
- Majority have been with Emmerson since 2007
6 Cashed up and poised for further success
- $4.5m cash, debt free and revenue stream from small mines
To view the full presentation, please visit:
For further information, please contact: Rob Bills Managing Director and CEO E: firstname.lastname@example.org T: +61-8-9381-7838 www.emmersonresources.com.au Media enquiries Michael Vaughan, Fivemark Partners E: email@example.com T: +61-422-602-720
MNF Group (ASX:MNF) (MNF) is pleased to announce that it has completed its Share Purchase Plan (SPP) which was announced on 19 October 2018.
The SPP closed at 5:00pm (AEDT) on 8 November 2018.
MNF received valid applications from 44 shareholders with subscriptions totalling $289,000.
Applicants will be issued new shares at $4.40 per share on 15 November 2018, with holding statements to follow shortly after that.
The Board wishes to thank those shareholders who participated in the SPP for their continuing support of the company.
MNF Group Ltd T: +61-2-8008-8090 E: firstname.lastname@example.org WWW: www.mnfgroup.limited
MMJ Group Holdings Limited (ASX:MMJ) (OTCMKTS:MMJJF) ("MMJ") is pleased to note the attached news release by Harvest One Cannabis Inc. (CVE:HVT) ("Harvest One") announcing that it has entered into a multi-year cannabis extraction services agreement with Valens GroWorks Corp. (CNSX:VGW) ("Valens").
MMJ owns 47.7 million(see Note below) shares in Harvest One for an approximate 27% shareholding.
Note: On completion of the sale of PhytoTech Therapeutics, MMJ will be issued 8,160,161 Harvest One shares.
To view the news release, please visit:
Investor and Media Enquiries: Jason Conroy Chief Executive Officer T: +61-2-8098-0819 E: email@example.com