Matt Birney

MGC Pharmaceuticals has signed a distribution deal to supply its medicainal marijuana products across Slovenia, Croatia and Bosnia. The exclusive agreement with leading Slovenian laboratory supplier, Mikro+Polo, builds on positive momentum at MGC after it was given a full European licence to grow and cultivate cannabis this month.

Legend Mining shareholders have some exciting weeks ahead, with the explorer announcing plans for imminent drill tests of up to five conductors, including the monster N1 target at the Rockford project. Legend is rated by many as the best hope for a follow-up discovery to the massive Nova-Bollinger nickel-copper find in the Fraser Range.

Hammer Metals’ proposed new Canadian partner, Global Energy Metals Corporation has heaped praise on the Millennium copper-cobalt project in Queensland, stating that it could become “a very significant regional opportunity.” The glowing assessment has encouraged Global Energy to finalise the proposed joint venture at Millennium with Hammer Metals. 

PharmAust has secured a patent for its promising anti-cancer drug in another major market, this week adding Japan to a list that already includes Australia, China and the US. The new protection is the latest in a series of recent patent awards that are clearly impressing the market, with PharmAust stock up almost 50% in the past month.

MGC Pharmaceuticals will breed and register new medicinal cannabis strains in Europe under a research partnership with Solvenia’s leading university. The new agreement with the University of Ljubljana adds to an impressive bank of medicinal Cannabis research activity by MGC and gives the ASX-listed company a potential inside track to the European market.

A guaranteed $2.25 million equity injection has secured Azonto Petroleum’s rebirth as Calima Energy with a stake in one of the hottest new shale plays in North America. The capital raising was a key part of a series of deals announced last month that will launch the company as a player in Canada’s Montney Formation, a liquids-rich oil and gas basin of staggering proportions.

Stargroup’s quest for total market domination in Australia received a shot in the arm this week after the company announced yet another acquisition of a rival ATM machine operator taking their total number of ATM machines around Australia to over 500 units. The acquisition of Fast Cash for $4.2m will take Stargroup’s projected FY 18 EBITDA from $4.7m to $5.7m.

Peppermint Innovation have launched a game changing trial of their technology in the Philippines that promises to revolutionize the way millions of Filipinos pay their household bills and transfer money to friends and family. The trial, which received the green light from the country’s central bank, is an innovative solution for the 70% of Filipinos who don’t operate a bank account.

Lithium Australia’s innovative "Sileach" Lithium processing technology has played a crucial role in securing a joint venture in Germany that plans to extract lithium from mica for the huge European market. The German partner in the new joint venture locked in the deal after exhaustive due diligence showed Sileach was ideal for extracting lithium from their tin deposits in Europe.