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Aeon Metals Limited advises that it has agreed with Aeon’s major shareholder and lender, OL Master Limited (a fund managed b y OCP Asia), to extend the maturity date on its existing loan facility (OCP Facility).
Under this agreement, the OCP Facility maturity date has been extended to 17 December 2024.
In consideration for the maturity date extension, Aeon has agreed to an amendment fee equivalent to 2% of the total OCP Facility size payable at maturity date . All other terms of the OCP Facility remain unchanged.
Neurotech International Limited has received Human Research Ethics Committee (HREC) approval and Clinical Trial Notification (CTN) scheme clearance by the Therapeutic Goods Administration (TGA) to commence a Phase I/II clinical trial of NTI164 in children diagnosed with Paediatric Autoimmune Neuropsychiatric Disorders Associated with Streptococcal Infections (PANDAS) and Paediatric Acute-Onset Neuropsychiatric Syndrome (PAN S).
Recruitment for the trial under the supervision of Co-Principal Investigator Professor Russell Dale is expected to commence during this quarter.
Dr Thomas Duthy, Executive Director of Neurotech, expressed appreciation for the timely approval.
115,139 metres of RC resource definition and extension drilling completed at the Mt Gibson Gold Project in the 12 months ending 31 December 2022.
Assays from 160 holes returned exceptional results within and extensional to the current MRE.
At the Karlwinda Gold Project, drilling continued on near mine prospect Carnoustie with 10 RC holes (2,148 metres) and 31 Aircore holes (2,072 metres) drilled in the December 2022 quarter, assay results expected in the March 2023 quarter
Initial stage diamond holes completed during December 2022 at HEM 4 and HEM 9 target areas
4 diamond holes totalling 1,471 m drilled over three target areas during 2022 including HEM 2 , all holes cased
HEM 2 drilling most promising, intersected rock types over broad intervals that host nickel sulphide deposits and downhole EM (DHEM) contractor organised to test the four completed drillholes during February 2023