Eden Research obtains regulatory approval in New Zealand

(Alliance News) – Here’s a summary of the London-listed company’s updates released on Monday that were not reported separately by Alliance News:

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Eden Research PLC – a biopesticide and plastic-free formulation technology company based in Abingdon, Oxfordshire – has announced that its flagship biopesticide has received regulatory clearance in New Zealand for use in wine and table grapes, targeting outbreaks of Botrytis cinerea, where it will be marketed under the name Novellus. He notes that Botrytis is responsible for significant crop losses and food waste in New Zealand vineyards. He notes that Botrytis group rot has a devastating financial impact of up to NZ$5,000 per hectare.

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Life Science REIT PLC – a real estate investment fund focused on life sciences – has announced the lease of 4,877 square feet in the 2020 Cambourne Business Park building to Rakon Ltd, a global designer and manufacturer of accurate time, based in New Zealand. The lease is entered into at a rent of £25 per square meter for ten years, with a clause being terminated and the lease reviewed at the end of the fifth year. He explains that this is the first time the company has rented a life sciences headquarters in Camborne.

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Angus Energy PLC – an independent onshore energy carrier focused on UK assets – As planned, the second compressor of the Saltfleetby field was successfully commissioned in dual compressor mode on May 10 and the field’s three producing wells, B2, A4 and the new B7T well, were delivered. Gas to the national grid at a combined daily rate of 9.5 million standard cubic feet per day. This represents an increase in production of more than 75% compared to the first quarter of this year. Also, as expected, the new B7T well is producing between 4 and 5 million cubic feet per day through the temporary flowline, with steady flow as it continues to clean. Richard Herbert, Managing Director, commented: “The achievement of our target of bringing 3 wells into production via the Salt Flitby facility is very satisfying and represents a significant milestone for the Company in positioning itself to generate strong cash flow and future growth.”

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Aterian PLC – the Morocco-focused mineral exploration and development company – has announced “encouraging” results from preliminary geological reconnaissance work carried out on the company’s Jafra project in Morocco. “These preliminary results of the initial reconnaissance in Jafra are very encouraging,” says President Charles Bray. “The high silver values ​​supported by very high lead grades provide an excellent starting point for further exploration of the project,” adds Mr. Bray.

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Galileo Resources PLC – a mining company focused on Zambia, Zimbabwe, Botswana, South Africa and the US – provides an update on the airborne gravity surveys and advanced soil geochemical surveys conducted on licenses located on the Kalahari Copperbelt in western Botswana. She explained that data collection has begun and results are expected to appear in the third quarter. “Overall, we are very well positioned in the Kalahari Copperbelt, given the Sandfire T3 and A4 deposit discoveries and other positive new developments in the Belt,” said Colin Baird, President and CEO.

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Malvern International PLC – a London-based learning and skills development company – signs a five-year student placement partnership agreement with the University of Chichester which will see Malvern appointed as a global representative to support the university’s international strategy. Malvern will also provide support services to the University as part of the international recruitment. This is a departure from Malvern’s current partnership model, Malvern explains, which centers around recruiting students and offering on-campus courses.

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First Tin PLC – a tin developer with cutting-edge low-cost projects in Germany and Australia – has announced that all confirmation drilling at the Taronga tin project in Australia is now complete and program results confirm both mineralization widths and grades previously reported by Newmont between 1979 and 1982. The company states that it can now use historical data from Newmont, along with the results of the drilling tract and drilling rig, to provide an updated resource estimate to be included in the final feasibility study. The Company reports that eleven Newmont diamond drilling holes are twinned with First Tin diamond drilling holes, two Newmont percussion drilling holes are twinned with First Tin diamond holes and five Newmont percussion drills are paired with First Tin reverse circulation drilling. Two holes were abandoned due to difficult drilling conditions.

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By Jeremy Cutler, Alliance News correspondent

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