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Proactives CEO Sessions next week to feature MEP, BRK, E2E, KSN and SBW

Companies presenting at next weeks Proactives CEO Sessions are Minotaur Exploration Ltd (ASX:MEP), Brookside Energy Ltd (ASX:BRK), Eon NRG Ltd (ASX:E2E), Kingston Resources Ltd (ASX:KSN), and Shekel Brainweigh Ltd (ASX:SBW).

Investors interested in attending can register for the Sydney event here, and the Melbourne event here.

Presenting companies
READ: Minotaur sees development potential with partner Oz Minerals

Minotaurs managing director Andrew Woskett is focused on its projects located near the town of Cloncurry in Queensland.

There it has three joint ventures with resources heavyweight Oz Minerals Limited (ASX:OZL) being the Jericho JV, Eloise JV, and the Cloncurry Alliance.

At the most advanced Jericho copper-gold deposit, Minotaur and Oz have drilled 96 holes for 29,740 metres in five drill programs since September 2017 with nearly half of that drilled in the April-June 2019 program.

Notably, under the Jericho JV, Oz Minerals will fund all exploration activities with Minot..

Companies presenting at next weeks Proactives CEO Sessions are Minotaur Exploration Ltd (ASX:MEP), Brookside Energy Ltd (ASX:BRK), Eon NRG Ltd (ASX:E2E), Kingston Resources Ltd (ASX:KSN), and Shekel Brainweigh Ltd (ASX:SBW).

Investors interested in attending can register for the Sydney event here, and the Melbourne event here.

Presenting companies

READ: Minotaur sees development potential with partner Oz Minerals

Minotaurs managing director Andrew Woskett is focused on its projects located near the town of Cloncurry in Queensland.

There it has three joint ventures with resources heavyweight Oz Minerals Limited (ASX:OZL) being the Jericho JV, Eloise JV, and the Cloncurry Alliance.

At the most advanced Jericho copper-gold deposit, Minotaur and Oz have drilled 96 holes for 29,740 metres in five drill programs since September 2017 with nearly half of that drilled in the April-June 2019 program.

Notably, under the Jericho JV, Oz Minerals will fund all exploration activities with Minotaur being loan carried until production.

READ: Brookside executing on a Real Estate Development approach for its oil and gas assets

Brooksides managing director David Prentice will be discussing the company's Real Estate Development approach regarding its oil and gas assets in the world-class Anadarko Basin in Oklahoma.

The objective is to acquire prospective acreage in the Anadarko Basin and add value to it by consolidating leases and proving up oil and gas reserves through exploration.

The company does this with its experienced US partner and manager of operations Black Mesa Energy, LLC.

READ: Eon NRG is drilling its first well in Powder River Basin

Eons chief financial officer and company secretary Simon Adams will be discussing a major upcoming catalyst for the company in the drilling of the Govt Kaehne #9-29 well.

The well is the first to be drilled by Eon on the 15,000 acres of leases it acquired in the Powder River Basin in Wyoming during September 2018.

The #9-29 well is expected to spud in November with first oil sales expected by the end of calendar 2019.

Notably, Eons exploration activities are supported by cash flow generated by its other owned and operated producing fields in Wyoming and California.

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Australia

S&P/ASX 200 rallies 2.16% for its best daily performance this month

S&P/ASX 200 (INDEXASX:XJO) has started the week on a firm note advancing 118 points or 2.16% to 5,615.

The index outperformed the Asian markets which were mixed while US and UK markets are closed due to public holidays.

Several sectors have gained more than 2% with healthcare, consumer discretionary, energy, industrials and IT among them.

As lockdown restrictions are slowly being lifted in different states, travel retailer stocks have surged with Flight Centre (ASX:FLT) up 15% and Webjet (ASX:WEB) gaining 16%.

The miners managed healthy gains with BHP Group Ltd (ASX:BHP) rising 1.28% and Rio Tinto Limited (ASX:RIO) up 1.29%. Fortescue Metals Group Limited (ASX:FMG) rose 1.91%.

There were multiple stocks rising more than 10% including Great Southern Mining Ltd (ASX:GSN) (+14.29%), Polarx Ltd (ASX:PXX) (+27.59%), Moho Resources Lt, (ASX:MOH) (+10.29%), Nanoveu Ltd, (ASX:NVU) (+29.41%), Kin Mining NL (ASX:KIN) (+11.54%), Volt Resources Ltd (ASX:VRC) (+33.33%), Strategic Elements Ltd ..

S&P/ASX 200 (INDEXASX:XJO) has started the week on a firm note advancing 118 points or 2.16% to 5,615.

The index outperformed the Asian markets which were mixed while US and UK markets are closed due to public holidays.

Several sectors have gained more than 2% with healthcare, consumer discretionary, energy, industrials and IT among them.

As lockdown restrictions are slowly being lifted in different states, travel retailer stocks have surged with Flight Centre (ASX:FLT) up 15% and Webjet (ASX:WEB) gaining 16%.

The miners managed healthy gains with BHP Group Ltd (ASX:BHP) rising 1.28% and Rio Tinto Limited (ASX:RIO) up 1.29%. Fortescue Metals Group Limited (ASX:FMG) rose 1.91%.

There were multiple stocks rising more than 10% including Great Southern Mining Ltd (ASX:GSN) (+14.29%), Polarx Ltd (ASX:PXX) (+27.59%), Moho Resources Lt, (ASX:MOH) (+10.29%), Nanoveu Ltd, (ASX:NVU) (+29.41%), Kin Mining NL (ASX:KIN) (+11.54%), Volt Resources Ltd (ASX:VRC) (+33.33%), Strategic Elements Ltd (ASX:SOR) (11.11%), PNX Metals Ltd (ASX:PNX) (+14.29%), St George Mining Ltd (ASX:SGQ) (+12.36%), Castillo Copper Ltd (ASX:CCZ) (+26.32%), Chase Mining Corporation Ltd (ASX:CML) (13.33%), Aeris Resources Ltd (ASX:AIS) (+16.28%), Argosy Minerals Limited (ASX:AGY) (+12.28%), Alice Queen Ltd (ASX:AQX) (+16.67%), Archer Materials Ltd (ASX:AXE) (+29.91%), Broken Hill Prospecting Ltd (ASX:BPL) (+27.78%), European Lithium Ltd (ASX:EUR) (+13.79%) Australian Mines Limited (ASX:AUZ) (+11.11%).

Proactive news headlines:

Archer Materials a market mover with shares up as much as 35% to record high


Archer Materials Ltd (ASX:AXE) is a strong ASX market mover today with shares up as much as 35% on the previous close to a new record high of 78 cents. The previous all-time high was 45 cents on May 1, 2012. Archer has been performing well this month on the back of strong newsflow with shares up from 18 cents on May 1 and a market cap of approximately $114.1 million.

Nanoveu shares surge as antiviral technology independently validated against human coronaviruses


Nanoveu Ltd (ASX:NVU) has more than doubled on receiving further successful independent testing of its antiviral technology against the human transmitted coronavirus strain OC43 by Bioscience Laboratories, at its testing facility in Montana, USA. Testing involved placing a solution containing OC43 strain coronaviruses on a thin film containing the antiviral technology. The company's antiviral protectors protect smartphone and tablet users from viruses and bacteria.

TNT Mines to acquire high-grade US uranium project as the metal price rallies 36% year to date


TNT Mines Ltd (ASX:TIN) has entered into a binding agreement to acquire Vanacorp Aust Pty Ltd which owns the East Canyon Uranium-Vanadium Project in Utah, US. The project comprises 200 unpatented lode claims prospective for uranium and vanadium in the Dry Valley/East Canyon mRead More – Source

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Australia

Archer Materials a market mover with shares up as much as 35% to record high

Archer Materials Ltd (ASX:AXE) is a strong ASX market mover today with shares up as much as 35% on the previous close to a new record high of 78 cents.

The previous all-time high was 45 cents on May 1, 2012.

Archer has been performing well this month on the back of strong newsflow with shares up from 18 cents on May 1 and a market cap of approximately $114.1 million.

Strong volumes[hhmc]
Trading volumes have also been high with more than 92 million shares traded so far this month compared to a daily average below 1 million for the previous three months.

The announcement on May 5 of an agreement with International Business Machines Corporation (NYSE:IBM) to work together on advancing quantum computing saw more than 20 million shares traded on that day and shares more than doubling to a new 8-year high of 38 cents.

Collaborating with IBM[hhmc]
As part of this agreement, Archer is now a member of the IBM Q Network and associated IBM Quantum Experience for Business program.

Archer is..

Archer Materials Ltd (ASX:AXE) is a strong ASX market mover today with shares up as much as 35% on the previous close to a new record high of 78 cents.

The previous all-time high was 45 cents on May 1, 2012.

Archer has been performing well this month on the back of strong newsflow with shares up from 18 cents on May 1 and a market cap of approximately $114.1 million.

Strong volumes


Trading volumes have also been high with more than 92 million shares traded so far this month compared to a daily average below 1 million for the previous three months.

The announcement on May 5 of an agreement with International Business Machines Corporation (NYSE:IBM) to work together on advancing quantum computing saw more than 20 million shares traded on that day and shares more than doubling to a new 8-year high of 38 cents.

Collaborating with IBM


As part of this agreement, Archer is now a member of the IBM Q Network and associated IBM Quantum Experience for Business program.

Archer is the first Australian company developing a quantum computing processor and hardware to join the invitation-only, IBM Q Network.

Archer CEO Dr Mohammad Choucair said: “We are the first Australian company building a quantum chip to join into the global IBM Q Network as an ecosystem partner, a group of the very best organisations at the forefront of quantum computing.

“Ultimately, we want Australian businesses and consumers to be one of the first beneficiaries of this exciting technology, and now that we are collaborating with IBM, it greatly increases our chances of success.

“We look forward to working with IBM and members of the network to address the most fundamental challenges to the wide-scale adoption of quantum computing, using our potentially complementary technologies as starting points.”

Patent application proceeds


Also, this month shares rose on news that a licensed European Patent (EP) application filed under the Patent Cooperation Treaty for AXEs 12CQ quantum computing chip materials technologyRead More – Source

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Australia

Nanoveu shares surge as antiviral technology independently validated against human coronaviruses

Nanoveu Ltd (ASX:NVU) has more than doubled on receiving further successful independent testing of its antiviral technology against the human transmitted coronavirus strain OC43 by Bioscience Laboratories, at its testing facility in Montana, USA.

Testing involved placing a solution containing OC43 strain coronaviruses on a thin film containing the antiviral technology.

The company's antiviral protectors protect smartphone and tablet users from viruses and bacteria.

Betacoronavirus targeted[hhmc]
In line with Nanoveus testing of the MHV-A59 strain, which demonstrated 90% elimination of the virus in just 10 minutes, this recent research on the OC43 strain has targeted a betacoronavirus, which are single-stranded RNA viruses emerging from animals and are typically associated with respiratory ailments.

SARS, MERS, and COVID-19 are all forms of betacoronavirus.

Shares have been as much as 106% higher to 17.5 cents intra-day and are well up from 2.5 cents at close on April 2.

“Str..

Nanoveu Ltd (ASX:NVU) has more than doubled on receiving further successful independent testing of its antiviral technology against the human transmitted coronavirus strain OC43 by Bioscience Laboratories, at its testing facility in Montana, USA.

Testing involved placing a solution containing OC43 strain coronaviruses on a thin film containing the antiviral technology.

The company's antiviral protectors protect smartphone and tablet users from viruses and bacteria.

Betacoronavirus targeted


In line with Nanoveus testing of the MHV-A59 strain, which demonstrated 90% elimination of the virus in just 10 minutes, this recent research on the OC43 strain has targeted a betacoronavirus, which are single-stranded RNA viruses emerging from animals and are typically associated with respiratory ailments.

SARS, MERS, and COVID-19 are all forms of betacoronavirus.

Shares have been as much as 106% higher to 17.5 cents intra-day and are well up from 2.5 cents at close on April 2.

“Strong validation”


Nanoveu executive chairman and CEO Alfred Chong said: “Nanoveu has again received a strong validation from further independent testing of its antiviral technology, which has all but eradicated the coronavirus in half an hour.

“It is particularly pleasing to see that the antiviral technology is not only proven as an effective agent at killing certain strands of coronaviruses but is highly successful at killing viruses capable of infecting humans.

“Given the strong public health focus on COVID-19, these test results represent fantastic news for Nanoveu as well as to the broader population and I am proud to say we are another step closer to providing safer devices for all digital screen users.”

TGA submission


With the completion of the Bioscience Labs testing, Nanoveu now possesses multiple independent research results demonstrating the effectiveness of its antiviral technology against pathogenic betacoronaviruses affecting animals, as well as humans.

These test results wiRead More – Source

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