Australian strategic metals company TNG Limited (ASX: TNG) is pleased to announce that it has reached an agreement with Rio Tinto Exploration Pty Ltd (RTX) for the sale of its 100%-owned Melville Island exploration licence application 28617 in the Northern Territory. TNG’s Managing Director, Mr Paul Burton, said the Melville Island ELA was considered to …

Australian strategic metals company TNG Limited (ASX: TNG) is pleased to announce that it has reached an agreement with Rio Tinto Exploration Pty Ltd (RTX) for the sale of its 100%-owned Melville Island exploration licence application 28617 in the Northern Territory.
TNG’s Managing Director, Mr Paul Burton, said the Melville Island ELA was considered to be a non-core asset for the Company, with the divestment to RTX consistent with its focus on progressing the financing and development of its world-class Mount Peake vanadium-titanium-iron project:

“Over the past 12 months, we have demonstrated a clear intent to rationalise our portfolio consistent with our focus as an emerging international strategic metals producer.
A key step in this process was the successful demerger and IPO of our Northern Territory base metal exploration assets through Todd River Resources, and this transaction with RTX marks another step towards consolidating our minerals portfolio while retaining some exposure to the future development potential of this asset.”

Click here to read the full text release.

Featured
US-Based National Car Retailer, Which Purchases up to 48,000 Vehicles Annually, Joins Powerband/D2D Virtual Auction Platform

PowerBand Solutions Inc. (TSXV:PBX) is pleased to announce its partner D2D Auto Auction LLC (“D2D”) has reached an agreement with a U.S. national car retailer to purchase used vehicles on D2D’s virtual auction platform.

PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) (“PowerBand”, “PBX” or the “Company”) is pleased to announce its partner D2D Auto Auction LLC (“D2D”) has reached an agreement with a U.S. national car retailer to purchase used vehicles on D2D’s virtual auction platform.

The agreement to purchase used vehicles on the D2D auction platform is with one of the United States largest used-vehicle retailers, operating over 140 dealerships in 12 states. The retailer purchases up to 48,000 vehicles annually, which it then sells to consumers. D2D’s goal is to place as many as possible of those 48,000 vehicles on its virtual auction platform. The virtual auctions are also accessible to Dealers – and soon U.S. consumers – through the Company’s Driveaway App.

read more Show less

Humanigen announced that the first COVID-19 patient has been dosed in its previously announced Phase III study.

Humanigen (OTCQB:HGEN) announced that the first COVID-19 patient has been dosed in its previously announced Phase III study.

The goal of the study is to determine if lenzilumab, the company’s proprietary anti-GM-CSF monoclonal antibody, can be used in the treatment of COVID-19.

read more Show less

The New Rochelle Police Department has entered into a subscription agreement for the company’s Watchman vehicle recognition software. 

Rekor Systems (NASDAQ:REKR) announced that the New Rochelle Police Department has entered into a five year, $225,000 subscription agreement for the company’s Watchman vehicle recognition software.

As quoted in the press release:

read more Show less

MARKETS

Markets
TSX21162.65+301.55
TSXV920.55+22.85
DOW35719.43+492.40
S&P 5004686.75+95.08
NASD15686.92+461.76
ASX7313.90+68.80

COMMODITIES

Commodities
Gold1784.41-0.20
Silver22.42-0.09
Copper4.340.00
Palladium1846.00+2.03
Platinum959.38+3.38
Oil72.28+0.23
Heating Oil2.25+0.03
Natural Gas3.85+0.14