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Proactive headlines: Jubilee Metals, Faron Pharmaceuticals, Redx Pharma…

Jubilee Metals Group PLC (LON:JLP) said it entered into long-term PGM (platinum group metals) feed supply agreement with a chrome mining customer, signalling Jubilee’s PGM expansion into the Eastern Limb of the Bushveld Complex in South Africa.

Faron Pharmaceuticals Oy (LON:FARN, First North:FARON) said research has been published supporting the immunotherapeutic blockade of Clever-1 to activate anti-tumour immune responses in advanced cancer patients.

Redx Pharma PLC (AIM:REDX) said its second wholly-owned molecule has now entered the clinic. Candidate RXC007, which is being developed to treat fibrosis, will be administered to healthy volunteers to assess its safety and tolerability and also the way it interacts with the body.

Argo Blockchain PLC (LON:ARB) has unveiled an investment in a company specialising in decentralised finance (DeFi) as it updated investors on the status of its mining activities and infrastructure. In an operational update for May, the cryptocurrency miner said it has invested £146,000 in WonderFi Technologies Inc, a firm focused on bringing DeFi technology to the masses, as part of a wider C$16.4mln (£9.6mln) fundraising. As part of the investment, Argo’s chief executive will also be appointed as an unpaid advisor to WonderFi.

Thor Mining PLC (LON:THR, ASX:THR, OTCQB:THORF) said it has been awarded a A$110,000 (£60,000) grant for its Molyhil tungsten-molybdenum project from the Northern Territory Government of Australia.

Advanced Oncotherapy PLC (LON:AVO) announced it has signed a letter of intent with Saba Partners for the proposed purchase of a three-treatment room LIGHT system for a total contract value of up to US$107mln (£75.5mln).

Amryt Pharma PLC (NASDAQ:AMYT; AIM:AMYT) has been granted a priority review of its new drug application for Oleogel-S10 by the US drugs watchdog with a decision expected on or before November 30. The US Food & Drug Administration fast-track has shortened the regulatory timeline from 10 months to six.

Powerhouse Energy Group PLC (LON:PHE) has ordered the key alloy material to be used in the manufacture for the DMG advanced thermal conversion technology process.

DiscoverIE Group PLC (LON:DSCV) said the current financial year has started well with a record order book.

Imperial X PLC (LON:CDL), which describes itself as a natural resource project generator, has floated on the London Stock Exchange’s Main Market today after raising £3mln through its initial public offering of shares at 3p a pop.

Metal Tiger PLC (LON:MTR) has made a fresh investment in Aussie copper-gold explorer Artemis Resources Limited (ASX:ARV), participating a well supported share placing.

SIMEC Atlantis Energy Ltd (LON:SAE) has teamed up with Remediate (UK) Ltd, a company with patented technologies that utilise waste gases to deliver high value algae products.

Premier African Minerals Ltd (LON:PREM) raised £1mln in a share placing as it continues to progress a definitive feasibility study (DFS) for the Zulu lithium project in Zimbabwe.

Kavango Resources PLC (LON:KAV) said extensive copper/silver targets have been identified on two prospecting licences at the LVR joint venture project in the Kalahari Copper Belt. The licences – 082/2018 and 083/2018 – are jointly held with LVR GeoExplorers Ltd.

Pembridge Resources PLC (LON:PERE) said it issued US$3mln (£2.1mln) of convertible loan notes, exceeding its initial target of US$2mln after the offer was oversubscribed, to fund potential future investment opportunities.

Alien Metals Ltd (LON:UFO) said its chief executive Bill Brodie Good will provide an investor presentation on Wednesday, June 16, 2021 at 3:00pm.

Greatland Gold PLC (LON:GGP) said its chief technical officer, Callum Baxter, has exercised 14mln options at 2p per share for a total consideration of £280,000, taking his stake in the firm to 2.9%.

Capital Limited (LON:CAPD) said David Regan Payne, executive – commercial, has sold an aggregate of 250,000 shares in the firm for a total of around £200,000.

Galantas Gold Corp (LON:GAL) said following its announcement on May 18, its chief executive Mario Stifano has been appointed to the board of directors alongside Ocean Partners’ nominee Brent Omland.

Tlou Energy Limited (LON:TLOU) has sadly announced the passing of its non-executive director Linah Mohohlo.

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