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Pharmaxis to focus on clinical-stage drug development

Cloud PR Wire
–News Direct– Pharmaxis Ltd (ASX:PXS, OTC:PMXSF) CEO Gary Phillips tells Proactive the company is set to undergo a restructure to refocus on developing drugs to treat blood-related cancers. This involves the creation of clinical stage drug development company, Syntara and the sale of its mannitol respiratory business unit, along with changes to the companys board of directors. The move, which will see the company primarily focus on clinical development, will result in a significant reduction in annual costs core expenses are expected to drop by more than 60%, saving the company more than $14 million per year. The company has five planned clinical studies to deliver results in high unmet need diseases by mid-2025. Phillips said: Over the last few years Pharmaxis has built a commanding pos...

GTI Energy ideally positioned for uranium recovery

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–News Direct– GTI Energy Ltd (ASX:GTR, OTC:GTRIF) executive director Bruce Lane discusses with Proactive recent strength in the uranium spot price as well as trends in the wider sector. Lane also outlines the investment case for GTR which includes the fact its based in the US which is the largest buyer of uranium globally, as well as its focus on in-situ recovery – the most cost effective and environmentally friendly method of uranium mining. With an inferred resource of 5.71 million pounds of U3O8, GTI aims to kick off drilling at the project in November with the intention of upgrading resources. Focussed on exploring for, defining and developing economic ISR Uranium resources GTI Energy is part of Wyomings Insitu Recovery (ISR) uranium mining renaissance. GTI saw US uranium supplys col...

Yandal Resources welcomes boost to Mt McClure gold resource

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–News Direct– Yandal Resources Ltd (ASX:YRL) technical director Chris Oorschot speaks with Proactive after the company announced it has defined initial mineral resource estimates (MRE) for its HMS Sulphur and Gilmore deposits within the 100%-owned Mt McClure Gold Project in Western Australia, increasing the total gold inventory by 34% to 182,200 ounces at 1.7 g/t. The Mt McClure Project covers a total strike length of 17 kilometres and includes several shallow historical open cut pits. Were pleased to have added a further 46,200 ounces to the Mt McClure mineral resource, increasing the overall project inventory by 34% to 182,200 ounces, Yandal Resources managing director Tim Kennedy said. Importantly, this was added for less than $20 per ounce, demonstrating the potential for low-cost bro...

Want Complete Light Control? Cypress’s Blackout Roller Shades Offer the Solution!

Cloud PR Wire
Plantation Shutters Houston, a leading figure in custom window treatments in the Houston area, proudly introduces its high-end range of Blackout Roller Shades specifically tailored for Cypress residents. These shades deliver unmatched light control, ensuring interiors achieve desired darkness whenever necessary. The introduction of “blackout roller shades Cypress” by Plantation Shutters Houston meets the rising demand for effective light control solutions in Cypress homes. Beyond their sleek and contemporary design, the roller shades serve multiple practical purposes. One significant advantage is their contribution to regulating room temperature, leading to cooler rooms in the summertime and retaining warmth during colder months. Additionally, for those who benefit from a pitch-dark envi...

Murgado Automotive Group Acquires Two Mercedes-Benz Dealerships in Central Virginia

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–News Direct– Murgado Automotive Group, a leading automotive retailer with dealer franchises in Florida, Illinois, and New Jersey, today proudly announced its acquisition of two Mercedes-Benz dealerships in Central Virginia. The addition of Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian marks the 25th and 26th dealerships, respectively, to join the Murgado Automotive Group portfolio. The company represents many of the top global automotive brands, ranging from economy to ultra-luxury vehicles. This acquisition aligns with Murgado Automotive Group's long-term strategic plans for expansion into burgeoning markets across the eastern and midwestern regions of the United States. The sale closed on October 3, 2023. No staffing changes have been announced. Mercedes-Benz of Ric...

Qor Gaming, LLC Secures Major Investment from TTI Gaming Holdings, LLC as Lead Investor

Cloud PR Wire
Las Vegas – Qor Gaming LLC, the company responsible for Qorbi World and One Tap, proudly announces a significant milestone in its journey toward revolutionizing the gaming industry. John Bardis, CEO of Qor Gaming, reveals that the company has successfully secured a lead investor for their ongoing funding round, and it is none other than TTI Gaming Holdings, LLC. TTI Gaming Holdings, a prominent entity in the gaming investment landscape, has recognized the immense potential and innovative vision behind Qor Gaming’s gaming platform. This strategic investment signifies a critical moment for both companies as they embark on a partnership to redefine the gaming landscape. “We are thrilled to welcome TTI Gaming Holdings as our lead investor,” says John Bardis, CEO of Qor Gaming. “Their belief ...

Great Boulder hits more sensational grades at Mulga Bill

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–News Direct– Great Boulder Resources Ltd (ASX:GBR) MD Andrew Paterson speaks with Proactive after reporting what he describes as sensational results from the companys reverse circulation (RC) drill program at Mulga Bill, within the Side Well Gold Project near Meekatharra in Western Australia, a project strategically located close to existing mines and infrastructure. The high-grade intersections, featuring assays up to 248 grams per tonne (g/t) of gold, are set to be incorporated in the forthcoming updated mineral resource estimate (MRE), slated for completion by the end of October. Paterson said: Recent RC drilling at Mulga Bill has intersected more sensational gold grades, with assays as high as 248g/t gold. There are also broad intersections showing good grade closer to surface, which...

Venture Capital and Technology-Focused Equity Investments Will Define 2023 Fiscal Year Ivy League Endowment Results, According to MPI

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–News Direct– Ivy League university endowments rebounded from their losses in FY2022, but their significant exposure to venture capital meant that every major endowment likely underperformed traditional 60/40 and 70/30 global equity/bond portfolios, according to projections from Markov Processes International, Inc. (MPI), a leading independent FinTech provider of software and services for analyzing investment performance and risk. The projections come from MPIs Transparency Lab, which tracks the performance of opaque pensions and endowments. For fiscal year 2023, MPI projects that the Ivy League endowments tracked by the Transparency Lab had an average return of 7.13%, a reversal from the negative return of -2.39% for the group in fiscal year 2022. But that performance is expected to lag ...

X-PITCH 2023 Announces Global TOP100 Startups

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–News Direct– SINGAPORE – Media OutReach – 3 October 2023 – X-PITCH is delighted to introduce 2023 TOP100 startups. Chosen from a pool of over 3,000 startups around the world, this year's selection showcases a diverse and vibrant ecosystem of entrepreneurial talent. X-PITCH 2023 is driven by a shared commitment to accelerate deeptech innovation across four vital domains: Healthcare, Advanced Manufacturing, Sustainability, and Digital Economy. The statistics speak to the global reach and diversity of the competition. Among the semi-finalists, 88% originate from Asia, while the Americas, Europe, Middle East, and Africa collectively make up the remaining 12%. These startups are at various stages of development, with 53% in Seed/Pre-A, 40% in Pre-Seed, and 7% in Series A/B. The categ...

What Is the Best Gun Safe For My Car?

Cloud PR Wire
–News Direct– With the growing prevalence of concealed carry, it is crucial for firearm owners to be well-informed about the restrictions on carrying firearms into certain buildings. Whether dictated by federal law, official policies of establishments like banks, or the preferences of privately owned businesses, there are times when firearms must remain secured in vehicles. To address this need and prevent theft, responsible gun owners are turning to car gun safes. Balancing Access and Security Selecting the right car gun safe involves striking a balance between accessibility and security. The chosen safe should feature a secure lock and provide a means of keeping the firearm discreetly out of sight within the vehicle. Various styles of safes cater to different preferences, offering ease...