Proactive news headlines: Ondine, Ilika, Graft Polymer, Chill Brands … – Proactive Investors UK

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Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background – a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, Jamie contributed… Read more
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Published: 09:20 09 Oct 2023

Castillo Copper Ltd (ASX:CCZ, LSE:CCZ) has appointed Jack Sedgwick as interim executive director following the resignation of managing director Dr Dennis Jensen.
Sedgwick will assume responsibility for day-to-day operations and strategic intent and will take on the role immediately.
Future Metals NL (ASX:FME, AIM:FME) said it intends to appoint Patrick Walta as executive chairman as the company continues the development of the Panton PGM project.
The appointment of Walta, a qualified metallurgist and mineral economist best known for his time at New Century Resources, will follow the annual shareholder meeting next month.
Bloomsbury Publishing PLC (LSE:BMY) notched another Nobel Prize for Literature win after Norwegian playwright Jon Fosse took the prestigious award home on Thursday, 5 October.
Jon Fosse becomes the eighth Nobel Prize-winning writer from Bloomsbury’s imprint Methuen Drama, joining Peter Handke, Dario Fo, Toni Morrison, Wole Soyinka, Luigi Pirandello, John Galsworthy and George Bernard Shaw.
OKYO Pharma Ltd (NASDAQ:OKYO), the clinical-stage drug developer, told investors it has filed an Investigational New Drug (IND) application with the US Food and Drug Administration (FDA) for the development of OK-101 to treat Neuropathic Corneal Pain (NCP). 
According to the company, there is no FDA-approved drug to treat NCP, which remains a major unmet medical need for the ocular community. The trial provides the opportunity to establish OK-101’s potential to treat this condition, it added. 
Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF), the CBD and smoking alternatives company, rallied 18% in early trading on Monday after it revealed a deal to sell its nicotine-free vapes in WH Smith PLC (LSE:SMWH) shops.
The agreement to stock the Chill ZERO vape products in around 150 of the retailer’s sites, mostly its travel stores located in railway stations or airports, comes at a time when vaping, particularly disposable products, is coming under fire from politicians.
Cornish Metals Inc (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF) shares strengthened in Monday’s early deals as the UK mine developer told investors that the Crofty project’s feasibility study is advancing on schedule, with a substantial amount of the study now completed.
Significantly, the company highlighted enhancement to the project with a new proposed sorting approach which is expected to boost metallurgy at Crofty.
Panthera Resources PLC (AIM:PAT) has received assay results from eight holes drilled earlier this year at the Kalaka Project in Mali, with data to date complementing prior work.
Significant mineralisation was intersected at the K1A prospect, Panthera noted in a statement, with highlight results including an assay of 12 metres grading 1.62 grams per tonne gold.
BATM Advanced Communications Ltd (LSE:BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, has confirmed that it does not expect recent developments in Israel to have a material impact on trading.
Hundreds of Israeli citizens have reportedly been killed after Hamas militants launched a surprise attack on Israel on Saturday.
Sirius Real Estate Limited (LSE:SRE, JSE:SRE, OTC:SRRLF), owner and operator of branded business and industrial parks in Germany and the UK, booked a 7.7% increase in like-for-like rent roll in the first six months of its financial year.
German occupancy rates remain stable despite challenging economic conditions in the country, with rental rates growing ahead of inflation, according to today’s trading update.
Hercules Site Services PLC (AIM:HERC) has announced a five-year contract to supply Balfour Beatty plc (LSE:BBY) with labour as part of a sweeping railway upgrade project.
Balfour Beatty is due to carry out work on behalf of Network Rail, Transport for Wales and London Underground as part of a five-year, £44 billion project to upgrade railways.
IQ-AI Ltd (LSE:IQAI, OTCQB:IQAIF)‘s subsidiary, Imaging Biometrics, has secured orphan drug designation from the US Food and Drug Administration (FDA) for gallium maltolate (GaM) for treating atypical teratoid rhabdoid tumours.
This marks the second time this year that GaM has received orphan designation from the FDA.
Ilika PLC (AIM:IKA, OTCQX:ILIKF), a specialist in solid-state battery technology, has landed a £400,000 grant from the Automotive Transformation Fund (ATF) to enhance its Goliath pilot production capabilities.
The funding is part of a 16-month, £2.7 million collaboration programme that kicked off on 1 October. Ilika is collaborating with Mpac Group (LSE:MPAC) PLC and the UK Battery Industrialisation Centre (UKBIC) for this initiative.
Graft Polymer (UK) PLC has joined a consortium led by the Vinca Institute of Nuclear Sciences relating to the GrinShield Project Twinning programme for new graphene-based composites in electromagnetic interference shielding.
The initiative, supported by French, German and Slovenian teams, was formed in response to the growing demand for materials that can mitigate the effects of electromagnetic waves (EWs).
Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) has announced a deal with WH Smith PLC (LSE:SMWH) to sell vape products in its stores.
Some 150 WH Smith stores in airports and railway stations will stock Chill Brands’ nicotine-free Chill ZERO products under the deal.
Ondine Biomedical Inc (AIM:OBI)‘s Steriwave nasal photodisinfection technology has been adopted by Penticton Regional Hospital (PRH) in British Columbia as a standard-of-care measure for patients undergoing orthopaedic surgeries.
Affiliated with the University of British Columbia’s Faculty of Medicine, PRH conducts approximately 900 of these types of procedures a year.
Future Metals NL (ASX:FME, AIM:FME) is gearing up for the next phase of development and growth at the Panton platinum group metal project with the upcoming appointment of experienced board executive Patrick Walta as executive chair.
FME intends to appoint Walta, who founded New Century Resources Ltd (ASX:NCZ) and became managing director following the successful acquisition of the Century Zinc Mine in Queensland, at the company’s upcoming annual general meeting (AGM), scheduled for November this year.
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Good morning from London where the FTSE 100 is off to a strong start following gains in the US and Asia. London’s blue-chip index is up at around 7,650 points as it stands, its highest level since 22 September. The markets appear to have responded well to this morning’s GDP figures which show…
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