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Dotz Nano builds sales momentum for authentication security with recent commercial agreements

Dotz Nano Ltd (ASX:DTZ) has built strong growth momentum this year by signing several commercial contracts for its authentic security technology.

As an advanced technology company, Dotz is engaged in the business of developing, manufacturing and commercialising tagging, tracing and verification solutions.

Since January this year, the company has signed several contracts totalling $4.3 million, including a $2.2 million contract with TT Medical for PPE authentication across eight countries and a $1.53 million deal with Universal Exports Group to authenticate up to 100 million face masks.

“Strong momentum”[hhmc]
Chairman Bernie Brookes AM said: “The impact of COVID-19 has brought to the fore the need for companies to authenticate and secure their products and supply chains.

“Dotz has had a strong start to 2020 with signed commercial agreements of $4.3 million (US$3.1 million) to date and several additional pipeline opportunities being progressed.

“These contracts, together with our g..

Dotz Nano Ltd (ASX:DTZ) has built strong growth momentum this year by signing several commercial contracts for its authentic security technology.

As an advanced technology company, Dotz is engaged in the business of developing, manufacturing and commercialising tagging, tracing and verification solutions.

Since January this year, the company has signed several contracts totalling $4.3 million, including a $2.2 million contract with TT Medical for PPE authentication across eight countries and a $1.53 million deal with Universal Exports Group to authenticate up to 100 million face masks.

“Strong momentum”


Chairman Bernie Brookes AM said: “The impact of COVID-19 has brought to the fore the need for companies to authenticate and secure their products and supply chains.

“Dotz has had a strong start to 2020 with signed commercial agreements of $4.3 million (US$3.1 million) to date and several additional pipeline opportunities being progressed.

“These contracts, together with our growing sales pipeline, provide strong momentum for future sales growth.

“Alongside this, while PPE is a current focus, we continue to progress negotiations with potential customers within the broader anti-counterfeiting, product liability and oil and gas markets.”

PPE authentication sales


The prevailing COVID-19 situation boosted the demand for authenticating Personal Protective Equipment (PPE) kits across the world and Dotz responded to the opportunity by developing a two-factor authentication solution.

In Q2 2020, Dotz signed a US$1 million (A$1.53 million) commercial agreement with Hong Kong-based Universal Exports Group (UEG) to mark up to 100 million medical face masks with its newly developed PPE authentication solution.

Phase one of this agreement has been completed with Dotz authenticating 30 million face masks in May.

The remaining 70 million masks will be authenticated under the second phase of the agreement, subject to customer demand.

Dotz CEO Uzi Breier said: “Our focus on providing solutions for PPE authentication has been successful and is rapidly gaining momentum.

“This builds on our end-to-end technology enabling product verification throughout the supply chain, providing quality assurance to essential healthcare and frontline workers globally who rely on good quality products to perform at high standards, as well as the general public.”

Order from plastic compounder


During Q1 of 2020, the company signed a two-year US$100,000 (A$166,000) frame purchase order with a leading Switzerland-based plastic compounder, with an advance payment of US$10,000 already made.

The compounder will sell Dotzs ValiDotz™ security markers to its customers as an anti-counterfeiting solution inserted during the plastic compounding process.

Its non-toxic security markers can be cost-effectively embedded directly into polymers during the compounding or injection moulding process and do not affect the properties or appearance of the plastic.

Clinical trials and pilots


During H1 2020, Dotz secured Letters of Intent for in-hospital clinical trials of its portable and real-time virus detection technology on confirmed COVID-19 patients.

The clinical trial will be carried out in partnership with the globally recognised Sheba Medical Centre in Israel and Brazilian genetic and analytics company FullDNA.

Similar to a roadside drug test, Dotzs virus detection technology is less invasive and, if successful, will be a major step towards enabling detection of viruses in real-time and on-site.

A pilot program to verify effective surface sanitation is also underway with Israels largest manufacturer, supplier and developer of detergent intermediates and cleaning products -Zohar-Dalia Cooperative Agricultural Association.

Under this program, Dotzs ValiDotz™ markers are being inserted into 1,000 litres of disinfectant materials to trace and verify the proper spread of disinfectant on surfaces in real-time.

Deal with TT Medical Turkey


Last moRead More – Source

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Australia

Argonaut Resources directors show faith in company by participating in oversubscribed SPP

Argonaut Resources NL (ASX:ARE) directors have demonstrated their faith in the company’s copper-zinc strategy by participating in the recently closed share purchase plan (SPP).

Independent non-executive chairman Patrick Elliot purchased more than 4.465 million shares at 0.55 cents per share in an indirect interest.

He now holds 5,876,159 shares in that interest with another 20,324,574 held in a separate indirect interest.

Independent non-executive chairman Malcolm Richmond acquired more than 5.454 million shares in a direct interest, increasing the number held in this interest to almost 15 million with another 1 million held in an indirect interest.

Overwhelming response to SPP[hhmc]
The company was overwhelmed by the response to its SPP which closed early and more than twice oversubscribed with the target subsequently increased to $2.5 million from $1.2 million.

Subscriptions in excess of $3 million were received and as a result, the SPP was closed with immediate effect.

Money ..

Argonaut Resources NL (ASX:ARE) directors have demonstrated their faith in the company’s copper-zinc strategy by participating in the recently closed share purchase plan (SPP).

Independent non-executive chairman Patrick Elliot purchased more than 4.465 million shares at 0.55 cents per share in an indirect interest.

He now holds 5,876,159 shares in that interest with another 20,324,574 held in a separate indirect interest.

Independent non-executive chairman Malcolm Richmond acquired more than 5.454 million shares in a direct interest, increasing the number held in this interest to almost 15 million with another 1 million held in an indirect interest.

Overwhelming response to SPP


The company was overwhelmed by the response to its SPP which closed early and more than twice oversubscribed with the target subsequently increased to $2.5 million from $1.2 million.

Subscriptions in excess of $3 million were received and as a result, the SPP was closed with immediate effect.

Money raised under this SPP and from the recently completed $2.7 million share placeRead More – Source

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Strickland Metals shares jump 39% ahead of drilling base metal target near DeGrussa

Strickland Metals Ltd (ASX:STK) shares surged 39% today ahead of its maiden drilling program at the Doolgunna Project, which will include a diamond drilling program that is likely to begin by the end of this month.

As a part of the program, a minimum of four diamond holes will be drilled to a depth of 500 metres to test a VMS target similar to the nearby DeGrussa deposit of Sandfire Resources (ASX:SFR).

Heritage survey[hhmc]
Exploration activity has recommenced on the Doolgunna Project following completion of heritage surveys to allow land access to areas where the company wishes to complete exploration drilling.

The target for drilling is a compelling base metal prospect that exhibits geological characteristics that are interpreted to be similar to Sandfire Resources’ DeGrussa deposit about 30 kilometres to the east of the project.

The prospect has a 3-kilometre-long electromagnetic conductor that lies below an outcropping copper-zinc gossan that has been mapped over a 1.2-kilomet..

Strickland Metals Ltd (ASX:STK) shares surged 39% today ahead of its maiden drilling program at the Doolgunna Project, which will include a diamond drilling program that is likely to begin by the end of this month.

As a part of the program, a minimum of four diamond holes will be drilled to a depth of 500 metres to test a VMS target similar to the nearby DeGrussa deposit of Sandfire Resources (ASX:SFR).

Heritage survey


Exploration activity has recommenced on the Doolgunna Project following completion of heritage surveys to allow land access to areas where the company wishes to complete exploration drilling.

The target for drilling is a compelling base metal prospect that exhibits geological characteristics that are interpreted to be similar to Sandfire Resources’ DeGrussa deposit about 30 kilometres to the east of the project.

The prospect has a 3-kilometre-long electromagnetic conductor that lies below an outcropping copper-zinc gossan that has been mapped over a 1.2-kilometre strike.

Diamond core drilling


The company plans to start the diamond core drilling by the end of this month.

A multi-purpose drill rig has been contracted to enable the minimum planned program wRead More – Source

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Pan Asia Metals has positive discussions on plans for Thai lithium project

Pan Asia Metals Ltd (ASX:PAM) has had positive discussions with authorities in Phang Nga Province, Thailand, including the provincial government, for its Reung Kiet Lithium Project.

PAM has submitted a presentation covering all aspects of the project including methods of ongoing exploration, conceptual mining and concentrate production, and the potential for downstream value-adding industries in Phang Nga and Thailand.

The presentation and subsequent discussions were aimed at assisting Phang Nga Provincial Government in their considerations for the proposed mining and industrial development areas.

Provincial Government discussions[hhmc]
Pan Asia was recently invited by the chief executive officer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to represent PAM and the Reung Kiet Lithium Project.

The meeting was also attended by the head of Phang Nga Provincial Industry along with the representatives of the Phang Ng..

Pan Asia Metals Ltd (ASX:PAM) has had positive discussions with authorities in Phang Nga Province, Thailand, including the provincial government, for its Reung Kiet Lithium Project.

PAM has submitted a presentation covering all aspects of the project including methods of ongoing exploration, conceptual mining and concentrate production, and the potential for downstream value-adding industries in Phang Nga and Thailand.

The presentation and subsequent discussions were aimed at assisting Phang Nga Provincial Government in their considerations for the proposed mining and industrial development areas.

Provincial Government discussions


Pan Asia was recently invited by the chief executive officer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to represent PAM and the Reung Kiet Lithium Project.

The meeting was also attended by the head of Phang Nga Provincial Industry along with the representatives of the Phang Nga Provincial Public Works and Town Planning Office.

Phang Nga Provincial Industry head has been appointed by the Phang Nga governor as chairman of the Phang Nga New Town Planning Committee.

During the meeting, the chairman of the committee conveyed its support for the Reung Kiet Lithium Project.

PAO wants to ensure that the requirements of the Reung Kiet project are incorporated into the town planning committee’s zoning plans to ensure that the project can progress once exploration and feasibility results prove positive.

“Can bring opportunities”


PAM managing director Paul Lock said: “We have been working hard in Phang Nga province and we are very happy with the positive reception that the Reung Kiet Lithium Project is receiving from the Phang Nga Provincial Government and surrounding communities.

“Reung Kiet is strategically located and based on peer feasibility work the project is positioned to potentially be one of the lowest-cost suppliers of lithium chemicals in the global peer group.

“This is a project that can bring substantial opportunities and value to Phang Nga and Thailand.”

Pan Asia is planning its second Reung Kiet drilling program with expectations that this will begin in the coming months following the conclusion of the current Khao Soon drilling program.

Potential cost curve leader


Reung Kiet is a hard rock project with lepidolite rich pegmatites chiefly composed of quartz, albite and lepidolite with minor cassiterite and tantalite as well as other accessory minerals including some rare earth.

Lepidolite does not require roasting and has a suite of by-products which are recoverable at the concentrator and processing stages of the flow sheet.

Peer feasibility work has Read More – Source

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