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Pin to quick picksWestminster Group Share News (WSG)

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TRADING UPDATES: Galileo confirms gold zone; Spectral hails results

Wed, 18th Jan 2023 19:03

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

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Hutchmed China Ltd - Hong Kong-based biopharmaceutical company - Says Orpathys drug has been included on China's updated National Reimbursement Drug List, following negotiations with the China National Healthcare Security Administration. It was included for the treatment of locally advanced or metastatic non-small cell lung cancer in adult patients with MET exon 14-skipping alterations who have progressed after or are unable to tolerate platinum-based chemotherapy. It will take effect from March 1.

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Firering Strategic Minerals PLC - operator of Atex dual lithium-tantalum project in Ivory Coast - Begins large-scale phase II soil sampling programme at Alex lithium-tantalum project in Cote d'Ivoire. Identifies two new pegmatite zones, one on each side of the main strike. Takes 993 soil samples out of a planned 2,491 samples. "After the successful completion of our Phase I diamond drilling programme and partnering with Ricca for the next phase of exploration, I am pleased to announce that Phase II of our planned soil sampling programme started on 9 January 2023," Chief Executive Yuval Cohen says. "Particularly encouraging are the two new pegmatite zones found and mapped during the soil sampling exercise. Based on the current progress, we believe that our soil sampling programme will be completed ahead of time. I am looking forward to receiving the results and updating the market in due course."

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Galileo Resources PLC - mining company focused on US and Africa - Completes nine angled diamond drill holes at the Shinganda outcrop prospect totalling 1,227.2 metres. Confirms a supergene copper-gold mineralised gossan zone containing malachite, chalcocite, native copper and associated gold mineralisation. "The Shinganda prospect is demonstrating significant potential as a copper-gold exploration project, with very encouraging intersection widths from drilling to date. We are continuing to carry out pitting and trenching on additional nearby targets to demonstrate further potential within the licence area as we pursue our aim of drill testing several of these targets during the first half of 2023. Results to date show that the area is highly prospective, and we look forward to carrying out and reporting on the next phase of work," CEO & Chair Colin Bird says.

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Westminster Group PLC - London-based provider of security services for sensitive places such as ports, airports and commercial buildings - Says that it welcomes the change of management of Freetown Airport at Sierra Leone to SUMMA Airport Ltd. "This is an exciting time for the airport and the country as the Government of Sierra Leone continues its programme of growth and expansion. We look forward to working with Summa as the new airport managers and will continue to deliver world-class airport security operations to the country," the company says.

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Spectral MD Holdings Ltd - London and Dallas, Texas-based predictive analytics for wound care - Says that the interim results for its diabetic foot ulcer clinical study initiated in June 2022 were positive. The diabetic foot ulcer study is currently running at five clinical sites in the US. Adds that its DeepView Wound Imaging System diagnostic accuracy calculated in the interim analysis improved five-percentage points to 86% on day one from the prediction of 50% diabetic foot ulcer size reduction by week four.

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By Abby Amoakuh, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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22 Feb 2016 07:50

Westminster Snaps Up 20-Year Middle East Security Checkpoint Contract

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Westminster Starts Cargo Screening At Freetown International Airport

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20 Jan 2016 08:40

Westminster Group signs MoU with unnamed client to handle airport security

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20 Jan 2016 08:24

Westminster Wins Aviation Security Contract Covering Seven Airports

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23 Dec 2015 15:30

Westminster Group's Sierra Queen Ferry Begins Sea Trials After Repair

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Westminster To Launch Ferry Following Delays, Signs New Airport Deal

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17 Nov 2015 11:57

Westminster Group Begins Shaft Replacement Works On West Africa Ferry

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Westminster Group Raises GBP1 Million From Loan Notes (ALLISS)

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12 Oct 2015 08:31

Westminster Group Signs With Airport Authority Outside West Africa

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12 Oct 2015 08:19

Westminster Group signs MoU with airport authority

(ShareCast News) - Westminster Group's aviation subsidiary has signed a long term memorandum of understanding with an unnamed government-owned airport authority. The AIM-listed company announced the deal on Monday which will enable it to provide security and safety services at a number of the countr

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9 Oct 2015 15:03

Westminster Says West Africa Ferry Prop Shaft Now Repaired

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30 Sep 2015 14:22

Westminster Aiming For Return To Cash Flow Positive Position

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17 Sep 2015 08:42

Westminster Group's Sierre Leone ferry repairs underway

(ShareCast News) - The propellor shaft of Westminster Group's flagship vessel, the Sierra Queen, will be fixed in the UK in a matter of days, the company said. The shaft will then be sent back to Sierra Leone for reinstallation, Westminster added. In August the company announced an issue with one o

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