Cloud PRWire

Isospec Analytics raises $1.9m as it introduces breakthrough technology to rapidly identify unknown molecules at scale

–News Direct– When developing new drugs, nutitional products, or pesticides, its critical that unknown molecules are identified correctly. But accurate identification is a lengthy process and all too often unsuccessful, leading to failed regulatory processes, or worse, consumer health being put in danger. Today, Isospec Analytics has raised $1.9M to commercialize new technologies for molecular analysis that rapidly identify unknown molecules in minutes, helping pharmaceuticals, nutrition and agritech companies develop safer products and enabling researchers to discover new biomarkers. Isospecs $1.9M pre-seed round is led by Founderful (formerly Wingman Ventures), with additional participation from specialized investors Tiny.vc, another.vc and Venture Kick. Isospec was founded in 2022 by A...
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FountainHead RI Sets the Stage for Pioneering 2024 Climate Stocktake Event in Providence

–News Direct– FountainHead RI is proud to announce the upcoming 2024 Climate Stocktake, an exclusive event poised to unite leaders, innovators, and stakeholders from the sustainability sector. Scheduled for April 24, 2024, at the renowned WaterFire Arts Center in Providence, Rhode Island, this gathering is expected to draw prominent figures from across the nation to foster discussions that bridge the gap between local achievements and global sustainability challenges. This year's event, themed "Empowering Sustainability, Inspiring Action: Rhode Island's Gateway to the Global Energy Transition," aims to showcase Rhode Island as a microcosm of how targeted local initiatives can influence worldwide environmental strategies. It will feature an array of keynote...
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Pan African Resources CEO provides upbeat outlook amid high gold prices

–News Direct– Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) CEO Cobus Loots tells Proactive's Stephen Gunnion the company is experiencing a positive impact from the current high gold price, which recently crossed $2,400 an ounce. Loots pointed out the robust gold price has been supported by significant purchases from central banks and changes in US interest rates. Pan African Resources, a South African company, benefits further due to its costs being in Rand, enhancing profits when converted from the strong dollar-based gold prices. Loots refrained from predicting future gold prices but acknowledged the beneficial effect of the current high prices, which could attract new investors and potentially lead to a revaluation of companies in the sector. Despite...
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Bannerman Energy CEO discusses progress at Etango uranium project and market dynamics

–News Direct– Bannerman Energy Ltd CEO Gavin Chamberlain takes Proactive's Stephen Gunnion through progress at the company's flagship Etango uranium project in Namibia. The Etango project, highlighted in a December 2022 definitive feasibility study (DFS), aims to exploit a significant uranium resource, initially targeting 60 million tonnes out of an identified 220 million in the 8 Mtpa Etango development (Etango-8). Chamberlain also outlined recent developments, including the completion of Etango-XP and Etango-XT scoping study to assess the potential expansion of the Etango project. The expansion could potentially double the project's capacity to 16 Mpta in response to favourable uranium market conditions. Furthermore, Bannerman Energy is in the funding phase, h...
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Helix Exploration partners with Petroleum Consultants as it advances towards drilling campaign

–News Direct– Helix Exploration PLC chairman David Minchin discusses a strategic partnership with Petroleum Consultants in an interview with Proactive's Stephen Gunnion. This collaboration is part of Helix's phase-one work programme, aimed at progressing its drilling campaign at the Ingomar Dome, slated for the third quarter of this year. Minchin highlighted the partnership's critical role in leveraging the firm's local presence in Billings, Montana, and its extensive network of contacts, which will enable rapid and cost-effective service delivery. The expertise of Petroleum Consultants, coupled with the experience of Helix CEO Bo Sears, who possesses nearly 25 years of experience in helium exploration, is expected to ensure the safe and successful delive...
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CleanTech Lithium chairman assures that it is business as usual following CEO’s resignation

–News Direct– CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dr Steve Kesler joined Proactive's Stephen Gunnion after stepping into the role of interim CEO role following the resignation of Aldo Boitano for failing to disclose a loan that used his holding in the Chile-focused group as collateral. Despite Boitano's resignation, Kesler assured shareholders that the companys projects in Chile, including drilling, hydrogeology, pilot plant operations, and environmental work, will continue unaffected. Kesler, with over 30 years of experience in the Chilean mining industry, anticipates a seamless transition. Boitano will continue as a consultant during this transition period, maintaining key relationships. CleanTech Lithium is also preparing for an ASX listing ...
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Itaconix announces record revenue and improving gross margin for 2023, eyes diverse growth

–News Direct– Itaconix PLC (AIM:ITX, OTCQB:ITXXF) CEO John Shaw tells Proactive's Stephen Gunnion the company achieved a record year in 2023 with a revenue of $7.9 million, marking a compound annual growth rate of over 40% across the last five years. Shaw highlighted significant financial achievements, including an increase in gross profit margin to 31%. This improvement is strategic as it focuses on capturing value in polymer ingredients and formulations. The company's EBITDA losses are aligning with market expectations, supported by a successful fundraising event which enhances the company's financial flexibility for future growth. Operational growth was mainly driven by the cleaning sector in North America and Europe, with continued expansion expected, particul...
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Crossword Cybersecurity reports strong performance of cybersecurity monitoring service in Caribbean

–News Direct– Crossword Cybersecurity PLC (AIM:CCS) group managing director Stuart Jubb tells Proactive's Stephen Gunnion that the company's Nightingale cybersecurity monitoring service performed well in the first quarter after expanding into the Caribbean. Jubb told Proactive the company has established a partnership with a local cybersecurity firm founded by entrepreneurs, addressing a significant gap in cybersecurity support in the region. This partnership has led to significant contracts with major companies in the Caribbean, enhancing Crossword's presence and reputation locally. Nightingale is a monitoring software installed in data centres to oversee laptops and PCs, providing early warnings of any unusual access patterns, which can indicate potential securi...
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Open Sans

–News Direct– Financial Gravity Companies, Inc. (OTC: FGCO), a leading provider of innovative financial services solutions, is excited to welcome Kaili Winters back to Financial Gravity as our Chief Compliance Officer and Strategy Implementation Lead Kaili Winters brings a wealth of experience in the financial services industry to Financial Gravity. She specializes in helping ensure regulatory adherence and risk management. Kaili navigates complex regulatory landscapes with precision, helping ensure that her firm and clients remain compliant with ever-evolving regulations. She is adept at developing and implementing compliance policies and procedures, conducting audits, and providing training to help ensure a culture of compliance throughout the organization. Kaili's dedication t...
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KEFI Gold and Copper chairman says ‘stars are aligning’ with gold at $2,400

–News Direct– KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams tells Proactive's Stephen Gunnion that "the stars are aligning" as gold continues to reach record highs as the company prepares to trigger production at its Tulu Kapi gold project in Ethiopia. Gold at around $2,400 per ounce aligns perfectly with KEFI's plans to commence construction. This historic high in gold prices is expected to greatly enhance the company's net cash flow, with projections reaching around $90 million after expenses, Harry Anagnostaras-Adams said. In Ethiopia, where production is expected to start within two years, the impact is most immediate and substantial, enhancing project economics significantly. Its Saudi Arabian proje...