Category: News and Announcements
Skin Elements Limited (ASX:SKN) (the Company) is pleased to announce that it has secured $10.5 million funding through an Underwriting Agreement with State Securities Pty Ltd to underwrite the exercise of its options expiring on 31 December 2020.
The Underwriting Agreement will
guarantee that the Company receives $10.5 million (Underwritten Amount)
from the exercise of the SKN Options, before costs.
These funds will support SKN’s
global rollout of their recently launched Invisi-Shied natural hand sanitiser
product range and the continued expansion of both production and marketing of
its natural skincare products.
Pursuant to the Underwriting
Agreement, State Securities Pty Ltd (the Underwriter) has agreed to
underwrite the exercise of 95,488,641 quoted options exercisable at $0.10 on or
before 31 December 2020, and 36,493,274 unquoted options exercisable at $0.03
on or before 31 December 2020 (collectively, the SKN Options) (Underwriting
The Underwriter will subscribe
for fully paid ordinary shares in the capital of the Company (Shares)
and pay the option exercise price payable for the number of SKN Options that remain
unexercised on the expiry date of 31 December 2020 (Shortfall Shares).
The Underwriter will receive an
underwriting fee of 6% (excluding GST) on the Underwritten Amount.
Pursuant to Listing Rule 7.2
(Exception 10), the Company will issue the Shortfall Shares within 10 business
days of the expiry date of the … Read More »
XTEK Limited (ASX: XTE, ‘XTEK’, the ‘Company’) is pleased to announce that it has signed a A$830K grant agreement from the Centre for Defence Industry Capability (CDIC) for a Sovereign Industrial Capability Priority (SICP) grant, on behalf of the Department of Defence.
XTEK has signed a ~A$830K
Sovereign Industrial Capability Priority (SICP) grant agreement from the Centre
for Defence Industry Capability (CDIC), on behalf of the Department of Defence
XTEK to utilise funds from the
SICP grant for the industrialisation of its advanced ballistic combat helmet
The SICP Grant represents
recognition from the Department of Defence of the unique capabilities of XTEK’s
helmets and supports XTEK’s strategy to bring these products to market, and
accelerate exports to key US markets
It complements a previous SICP
grant of A$1m to establish the ballistic armour manufacturing centre in
Adelaide, which provides a commercial manufacturing capability for XTEK’s
proprietary XTclave™ manufactured products
The SICP grant provides funding to support Australian
small-to-medium enterprises (SME) in supplying capabilities that are most
critical to defence. The SICP grant is focused on accelerating the growth of a
robust, resilient Australian SME industrial base capable of providing
significant contribution to key defence priorities
The SICP grant will contribute ~A$830K of funds to XTEK for
its ballistic combat helmet product line. The award of the SICP … Read More »
Australian-listed companies Skin Elements Limited (ASX: SKN) (‘Skin Elements’) and Holista Colltech Limited (ASX:HCT) (‘Holista’) are pleased to announce a Binding Collaboration Term Sheet (Agreement) to launch a natural alcohol-free hand sanitiser that combines Skin Elements’ new skin-sensitive anti-microbial formula with the Path-Away® active ingredient distributed by Holista.
Skin Elements is leveraging on its research into skincare
formulas which has already achieved global market recognition. This will make
the Invisi Shield® Natural Hand Sanitiser a world-first in combining advanced
natural skincare formulations with the Path-Away® active ingredient.
Skin Elements’ Invisi Shield® Natural Hand Sanitiser will
hit stores in Australia and New Zealand this month ahead of other global
markets as part of an accelerated collaboration between both companies to meet
the increased global demand for sanitisers.
The all natural product will address a major concern faced
by the repetitive use of alcohol based sanitisers. Many Australians are
increasingly concerned about skin sensitivity due to high alcohol content in
sanitisers. Invisi Shield® Natural Hand Sanitiser does not use alcohol.
Skin Elements’ Invisi Shield® Natural Hand Sanitiser is a
plant based formula incorporating the Path-Away® active ingredient. The
Invisi Shield® Natural Hand Sanitiser is currently being formulated by Skin
Elements using third party independent test results on ingredients. Once
this product has been finalised the assessment of applicable … Read More »
Global Health Limited (ASX: GLH) (“Global Health” or “Company”) is pleased to announce a new commercial partnership with Best Practice Software (Bp Software), as part of their network partner ecosystem program.
The partnership means Best Practice Software’s extensive
network of over 5,000 Medical Practices currently using Bp Software products
will be aware of the integrations available through Global Health.
As a Silver partner, Global Health will be recognised as an
approved integrator with Best Practice Software, who can deliver safe,
reliable, robust and value-added services across their mutual customer
base. Only vendors who pass a stringent review process are granted
accreditation to the Bp Partner Network, and the program is comprised of health
technology partners who offer the highest standard in service, innovation and
Global Health’s ReferralNet for Secure Messaging
Delivery and HotHealth, the Company’s telehealth platform will be
available via the Bp Partner network.
ReferralNet, which is fully integrated with Best Practice
Software and interoperable with Argus, opens up a greater network for the
secure exchange of medical documents within the healthcare industry between
HotHealth can be used as a standalone platform, or in
conjunction with any clinical system to allow healthcare providers to build
their online presence with a branded website, and conduct video conferencing
and virtual assessments online. This is particularly … Read More »
Media Release: Global Health Ltd Offers Telehealth Platform To Healthcare Industry For Free To Help With COVID-19 Management
Global Health Limited (ASX: GLH) (“Global Health” or “Company”) is pleased to announce that it will now offer their telehealth platform HotHealth to all new HotHealth customers while waiving the subscription fee, as hospitals and medical clinics deal with the COVID-19 pandemic. During this time service providers and healthcare providers are dealing with unprecedented events and challenging situations, therefore utilising technology to better communicate and service clients, as well as ensuring businesses continue to run is of great importance. Global Health’s offer is of particular benefit to General Practitioners (GPs), allied health members and mental health providers who can be reimbursed for the service with the new MBS items added earlier in the month. This allows them to carry virtual assessments and video consultations, with real-time support, which will ultimately result in better patient outcomes. GPs are generally slow in the uptake of digital services, however a scare like COVID-19 will likely boost the adoption of telehealth services, and Global Health would like to assist with encouraging and enabling the uptake at a time when they need it most. To date, Medicare Benefit Schedule (MBS) items for telehealth were generally only available for GPs to provide in … Read More »
Global Health Limited (ASX: GLH) (“Global Health” or “Company”) is pleased to announce that Bellarine Community Health (BCH), the major provider of health services to the Bellarine Peninsula, Victoria, has engaged Global Health to implement its MasterCare EMR (Electronic Medical Record) as a complete electronic medical record solution across all BCH programs and services.
The initial phase of the implementation of MasterCare EMR at
BCH, has commenced with the goal of going live on 30-June 2020 for an estimated
200 BCH staff. The initial $500,000 contract covers the implementation services
and MasterCare EMR subscriptions for the first 12 months.
The implementation of other Global Health solutions, in
conjunction with MasterCare EMR, supports a patient-centric approach to service
design and delivery. Other solutions planned for rollout across BCH include
Global Health’s new Dashboards as a Service (DaaS) and Global
Health’s Connectivity suite.
The Connectivity suite includes the Company’s eSwitch
platform for integration within the service and its ReferralNet Secure
Messaging platform for the secure sharing of patient and clinical information
across the region.
In commenting on the partnership, Shane Dawson, CEO of
Bellarine Community Health, said:
“We are delighted to be working with Global Health to
implement a solution that will not only meet our immediate clinical
administrative and reporting requirements, but also set a great foundation … Read More »
XTEK Limited (ASX: XTE, ‘XTEK’ & ‘Company’) is pleased to announce that its new advanced, state of the art ballistic manufacturing centre in Adelaide, South Australia, will be officially opened today.
new advanced, state of the art ballistics manufacturing centre opened in
key company event represents a significant milestone and an enabler to the
commercial production of unique light weight ballistic solutions, including
ballistic armour plates and helmets
Hon David Ridgway MLC Ridgway (Minister for Trade and Investment, South
Australia) will be in attendance
XTEK Managing Director, Philippe Odouard
“I am delighted to
share this event with the industry and put our new centre on show. The
completion marks a significant milestone and value inflection point for XTEK,
enabling us to produce commercial quantities of our high-quality ballistic
products. This is a huge opportunity to distribute our high margin ballistic
solutions in Australia and export globally, by leveraging our well established
US distribution network.
“We continue to work towards commercial scale orders, progressing the long-standing relationships we have developed with potential major customers globally as they near the end of the testing and validation process. Further, the reception we received from the launch of two XTclave™ manufactured products earlier this year at SHOT Show® in the US … Read More »
Media Release: Artmarketspace Launches ‘Art Auctions’ with a Significant Single-Owner Auction of Works from the Estate of David Boyd
Artmarketspace is excited to announce the launch of its newly-developed auction
Auctions, and will launch with a fabulous
single-owner auction of works from the Estate
of David Boyd, consigned by members of the Boyd
David Boyd and
Arthur Boyd (along with ceramicist and sculptor, Guy Boyd) were the most
successful art-brothers Australia has ever had. Works by David Boyd are
extremely popular on the auction market and he is represented in the public
collections of every National and State Art Institution, as well as a very
large number of significant private collections around the country.
David Boyd left
Australia to live in London in the 1960’s where he had great success as a
painter and ceramicist, before finally returning home in 1975 where he lived
till his passing in 2011. His work concentrated on narratives that range from
his important early works of the 1950’s and 1960’s that tell the often brutal
history of our nation’s first peoples, through to the more lyrical and
whimsical later series’ that mixed robust ancient stories from classical
mythology with contemporary Australia and its landscape.
Artmarketspace CEO and co-founder Lee
“On behalf of our Board of Directors, I would like to thank the members of the Boyd family for the opportunity to launch with such a fabulous auction of works from … Read More »
Compumedics’ Neuroscan Orion LifeSpan™ MEG receives US Food and Drug
Administration (FDA) approval in the United States, following installation at
Barrow Neurological Institute in Arizona, USASites can now use the MEG for routine clinical examinations and bill for
insurance reimbursementSignificant milestone for the Company’s MEG sales and marketing effortsCompumedics continues to actively pursue 40 identified MEG opportunities
around the world, with four opportunities substantively advanced
Compumedics Limited (ASX: CMP) (“Compumedics” or “Company”) is pleased
to announce that on 14 February 2020, the Company received 510(K)
clearance from the US Food and Drug Administration (FDA) for its Orion LifeSpan™
Magnetoencephalography (MEG) single Dewar system. This news follows the
successful installation and first phase commissioning of the single Orion
LifeSpan™ MEG at Barrow Neurological Institute (BNI) in Phoenix, Arizona, USA.
(MEG) is a neuroimaging technique for mapping brain activity by
recording magnetic fields produced by electrical
currents occurring naturally in the brain.
The MEG hardware approval comes in addition to the already approved
components offered with the Orion LifeSpan™ by the Company. These include the
amplifiers, the simultaneous electroencephalogram (EEG) subsystem; and the
fully integrated, state-of-the-art co-registration, neuroimage processing, and
source estimation software known as CURRY – the world’s gold standard for
clinical MEG/EEG and neuroscience research and used by many of the existing
installed MEG systems.
The FDA clearance now allows for routine clinical use of the … Read More »
Media Release: Cannatrek’s $160 Million Shepparton Cannabis Production Facility Gets Export Boost with Granting of Major Project Status
Medicinal cannabis company, Cannatrek Limited, today
announced that it had received Major Project Status from the Federal Government
for its $160 million production facility in the Victorian regional city of
Shepparton, with building of the site to commence in 2020, and medicinal
cannabis production to begin in 2021.
Cannatrek CEO, Tommy Huppert,
recently received a letter from Karen Andrews, Minster for Industry Science
and Technology, informing the Company of the recognition, which Mr Huppert described
as an “export booster” for both the Project and the medicinal cannabis
Major Project Status is the Australian Government’s recognition of
the national significance of a project – for economic growth, employment or for
regional Australia. Projects that receive Major Project Status receive extra
support from the Government’s Major Projects Facilitation Agency (MPFA),
including help with coordination and facilitation of Commonwealth Government
Cannatrek’s Shepparton project will create more than 400 jobs a year
for the Greater Shepparton area and beyond. The facility, which will be built in
phases on 178 acres of land owned by Cannatrek, will include a 160,000m2
growing area under a giant high-technology glasshouse. When operating at full production,
the company aims to produce 160 tonnes of medicinal cannabis per year, which
will make it one of the world’s largest such facilities.
“Getting Major Project Status represents a significant step for
Cannatrek and … Read More »