Haleon Share News (HLN)

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Wellnex Life Ltd - Melbourne-based consumer healthcare company - Receives opening order from partner Haleon PLC for liquid paracetamol and Ibuprofen softgel for the United Arab Emirates. "The UAE order opens a fourth national market (after Australia, New Zealand and United Kingdom) in the Haleon global network that will be supported by Wellnex Life and brings an additional product line to our relationship with Haleon in addition to the already launched liquid paracetamol softgel," Wellnex adds. "Whilst the terms of supply, via the group's manufacturing partner to Haleon remain confidential, the new agreement for the UAE will generate additional revenue for the company in the current financial year supporting our market forecasts for the year." Since the start of July, Wellnex has received confirmed purchase orders from various contract manufacturing customers of USD4.6 million.

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Fulcrum Metals PLC - Canada-focused exploration firm - Engages AP Kane & Associates Ltd as consultants to advance Teck Hughes and Sylvanite Tailings projects in Kirkland Lake, Ontario. Andrew Kane, a "principal" at Kane & Associates, has 30 years experience in the Ontario mining industry. "Andrew is a highly regarded specialist in stakeholder consultation, permitting, and project management, with an environmentally and socially sustainable approach to exploration and mine development projects," Fulcrum adds.

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Helium One Global Ltd - helium explorer and project developer in Tanzania and the US state of Colorado - Strikes purchase agreement for electrical submersible pump and associated equipment at Rukwa helium project. The equipment is provided by CenerTech Group, part of the Chinese National Offshore Co. "We are delighted to be advancing towards the next operational phase of development at ITW-1 in southern Rukwa. The ESP operations will enable us to increase flow rates and gain greater information on gas composition from the fractured Basement and Karoo intervals. We look forward to providing further updates as operations commence and progress," Helium One CEO Lorna Blaisse says. In addition, it says that additional civil works at the ITW-1 wellsite have begun. Helium One says: "This operation will enable the company to flow the well at significantly higher flow rates in order to gain a greater understanding of the source of the water in which the helium is in solution and establish the optimum production rates that will yield maximum helium concentrations. This information will be used to further enhance and evaluate the development programme and engineering." Helium One notifies OTC Markets Group Inc, meanwhile, that it plans to voluntarily delist from the OTCQB Venture Market. "The decision to delist from OTCQB was made following a review of trading volumes, costs, and the subsequent visibility that was hoped to be gained in the US market. The board concluded that the continued quotation on OTCQB does not provide sufficient benefit to the company or its shareholders to justify the associated costs. The company's shares will continue to be admitted to trading on the AIM market of the London Stock Exchange, which will remain the company's primary trading venue," the company says.

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Panther Metals PLC - exploration company focused on mineral projects in Canada - Appoints SRK Exploration Ltd as independent consultants for a mineral resource estimate for the Winston tailings project in Ontario. "SRK EX will work in conjunction with resource, tailings and mineral processing specialists based in SRK Group offices in both Canada and United Kingdom. SRK EX has extensive experience of drilling and sampling in unconsolidated materials such as those that may be found in the TSF at Winston, including sampling underwater. Members of the proposed team also have extensive experience in Mineral Resource estimation for tailings for a wide variety of commodities and industrial minerals," Panther Metals adds.

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Renalytix PLC - London-based diagnostics company - The firm announces a fundraise to secure a minimum of GBP4.0 million through a placing and subscription at 9.5 pence per share. There will also be a separate retail offer worth GBP500,000. The fundraise price is a 12% discount to its 10.75p closing price on Friday. Some directors will subscribe for GBP270,000 worth of shares under the fundraise. Last week Monday, Renalytix announced it signed a collaboration agreement with Tempus AI Inc. "The collaboration will make kidneyintelX.dkd prognostic blood testing more widely available for eligible patients within its US network of healthcare institutions. Eligible patients have type 2 diabetes with chronic kidney disease, impacting nearly 15 million individuals in the US," Renalytix said at the time. The fundraise will support the work.

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By Eric Cunha, Alliance News news editor

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