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Proactive news snapshot: Xtract Resources, Active Energy Group, ANGLE …

A glance at some of the day's highlights from the Proactive Investors newswire
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Omnia Mining, one of the contractors working the Manica mine in Mozambique owned by Xtract Resources PLC (LON:XTR) has now commenced production on the western half of the concession. The alluvial collaboration agreement was concluded on 18 June 2017 and  provides for monthly payments to Xtract’s wholly-owned Mozambican subsidiary, Explorator Limitada, against monthly-run-of mine performance.

Active Energy Group PLC (LON:AEG), now focused on forestry management and biomass fuel products,  has marked the next milestone in its forestry aims in Newfoundland. It has submitted all final documents to the ministry of fisheries and land resources through its affiliate, Timberlands International Limited (TIL), for a Crown timber licence and forestry management agreements on the Forestry Management Districts 17 and 18.

Liquid biopsy company ANGLE PLC (LON:AGL) has raised an additional £2.8mln after it agreed to let an investor subscribe for additional shares. ANGLE raised £12.2mln last week and the investor wanted to take part in that fundraising but “due to the compact timelines” wasn’t able to complete the necessary paperwork in time.

Base Resources Ltd (LON:BSE) has updated on a positive September quarter at its Kwale mineral sands operation in Kenya and has raised its 2018 production guidance for zircon and ilmenite.

WideCells Group PLC announced it will launch its stem cell healthcare insurance plan in Spain following the product’s debut here in the UK and alongside its imminent roll-out in Brazil. The local agent for the CellPlan, which costs £170 a year, will be a company called Stem Cell Banco Celulas Madre, a provider of stem cell storage services. Under the re-seller model, the tie-up should generate £50 per sale (after commissions and reinsurance costs).

Minds + Machines Group Limited (LON:MMX) said its top level domains .law, .work, .beer and .shopping have been granted approval by the Chinese regulator, MIIT, for use in China.

Cadence Minerals Plc (LON:KDNC) told investors that its associate Macarthur Minerals has agreed to acquire all of an exploration area in the Pilbara region of Western Australia. The area covers thirteen square kilometres adjacent to tenements that are part of Macarthur’s farm-in arrangement with Artemis Resources.

Harvest Minerals Limited (LON:HMI) has recorded first sales of its fertiliser replacement KPfertil. The sales were is response to requests from customers even though the company is waiting for formal certification for KPfertil as a remineraliser from the Brazilian Ministry of Agriculture.

APQ Global Limited (LON:APQ), the emerging markets income company, has appointed fintech specialist Gregory Van den Bergh to its International Advisory Council.


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