International stock news

Rss Today on Proactive AU

2015-03-27

ASX rises, but this manganese explorer jumped 66.7%

 
Banks and supermarket operators have helped pull the ASX200 up 0.7% to 5,919.9.Find out which explorer drew investor attention after flagging potential for early cash flow.
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Rss Today on Proactive UK

2015-03-27

CEO of new AIM entrant Redx Pharma on bucking the traditional biotech trend

 
Neil Murray, the chief executive of Redx Pharma (LON:REDX), tells Proactive Investors why the company’s strategy is ‘unusual’ compared to traditional drug developers on the market. ‘Our model is a little bit different to the traditional biotech model in that we’re looking at crystallising revenues from programmes earlier than people normally would,’ says Murray, who adds that analyst expect the company to reach breakeven in the 2016 financial year. The group floated on AIM today at 85p a share, raising £15mln and giving it a market capitalisation of £55mln.
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Rss Today on Proactive US

2015-03-27

Greencastle Resources CEO outlines royalty strategy

 
Tony Roodenburg, chief executive of Greencastle Resources (CVE:VGN), discusses the company’s strategy with Proactive Investors and explains why a share buyback is the best option for the company and its shareholders. Roodenburg explains: ‘Our business model is to try to get interesting assets, advance them a little bit and then hopefully find a partner to come and take on the more risky part of the exploration and we would then keep a royalty on the property.’ Greencastle’s CEO also talks about Deveron Resources in which the company has a 65% stake.
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