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Futures suggest the ASX will open relatively flat today after finishing in the red yesterday.
Meanwhile, Netflix, Tesla, and tech shares took a tumble on Wall Street overnight after posting disappointing earnings results.
In saying that, Blackstone, one of the world’s largest asset management companies, became the first private equity firm to manage US$1 trillion.
On home soil, here are some ASX-listed companies with news out today:
Victory Metals (VTM) has gained extra funding to the value of $895,227 for future exploration and study activities.
The company recently completed a heritage survey across 25 square kilometres of newly acquired tenements for the next phase of exploration drilling at North Stanmore.
Victory announced it remains on track to deliver its first mineral resource estimate this month.
Shares in VTM last traded at 34 cents.
Buru Energy (BRU) has executed a contract with global manufacturer Terrex to conduct a Rafael 3D seismic survey at the company’s Rafael conventional gas and condensate discovery.
Preparations are currently underway to acquire 200 square kilometres of 3D seismic data over an eight-week period, and the company states it will finalise plans to commence field activity in the near future.
“Acquiring 3D seismic data over the Rafael structure is the highest impact, highest value, and most cost-effective activity we can do today to de-risk the subsurface, inform our 2024 appraisal drilling program, underpin our ongoing project development work, and create new partnership opportunities for the Rafael development,” BRU CEO Thomas Nador said.
Shares in BRU last traded at 9 cents.
The Calmer Co International (CCO) has today launched its new product Noble Focus on its FijiKava website today.
Noble Focus provides calm, focus, and memory enhancement by utilising the company’s proprietary Noble Kava water Brahmi extract.
CCO will aim to target the US Nootropics market, which has grown 17 per cent to US$4.6 billion in 2023, which includes, e-Sports athletes and students seeking to improve memory and recall when studying.
Shares in CCO last traded at 0.3 cents.
Meanwhile, Incannex Healthcare (IHL) has submitted an Investigational New Drug (IND) application to the US Food and Drug Administration (FDA) for its IHL-42X to treat obstructive sleep apnoea.
The IND application details IHL’s future clinical trial protocol, which is a multi-site phase II/III clinical trial, and it will assess IHL-42X and its performance using two separate doses.
All participants will complete daily surveys on their sleep quality, and attend monthly clinic visits to assess functional outcomes of sleep, cognitive function as well as measures of safety and efficacy.
Shares in IHL last traded at 12 cents.
Focus Minerals (FML) has rehabilitated the Coolgardie Gold Operation back into production, with open pit mining and commissioning of the Three Mile Hill (TMH) processing facility currently underway.
“Mining commencement of the Greenfields Open Pit earlier this month is also a significant
milestone achieved with our open pit mining contractor Ozland Mining Services,” FML Executive Chair Wanghong Yang said.
Shares in FML last traded at 19 cents.
