Stocks Get Closer to January’s Record High, What’s Next?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62942.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Trump Admin Targets Chinese Rare Earth Imports

Last week, US President Donald Trump signed the John S. McCain National Defense Authorization Act (NDAA), outlining the defense department’s 2019 budget.

While most of the act is fairly standard, one caveat is being hailed as the largest development in the rare earths sector since 2010.

The 788-page document, which covers every aspect of the military, from the newly established Space Force (a branch of the Air Force) to the procurement of materials for weaponry, takes aim at Chinese materials and manufactured goods — specifically the country’s rare earth element (REE) magnets sector.

Have You Read Our New Market Report?

We found stocks, market data, and important news and compiled it for you in a free report!

The US will no longer permit shipments of REE magnets produced in China into the country. Magnets manufactured in North Korea, Russia and Iran are also being targeted for embargo.

Rare earth magnets are considered the strongest type of permanent magnet available. They are used in computers, wind turbine generators, magnetic resonance imaging, electric vehicles and a variety of other machines and devices.

When it comes to the military, REE magnets are used in guidance and control systems, defense and electronic warfare, electric motors, targeting and weapons systems and communication, making them a vital resource for the American Armed Forces.

While that may seem like another page in the ongoing global trade war, there is a little bit more at play.

Citing national security as its motivation — similar to a uranium announcement made earlier this summer — the US has vowed to not procure any products or devices “containing a specialty metal not melted or produced in the United States[, including:] aircraft, missile and space systems, ships, tank and automotive items, weapon systems, or ammunition.”

“This year’s NDAA represents an important opportunity to implement an effective approach to confront a growing array of threats. The administration’s National Defense Strategy outlined a framework for identifying and prioritizing these threats,” said Senator John McCain, the namesake of the act.

“Through the NDAA, Congress is fulfilling its duty to help translate that strategy into policy and align resources to implement it,” he added.

China produced 105,000 MT of rare earths last year, accounting for the largest chunk of global production. Australia, Brazil and Russia account for much less at roughly 25,000 MT.

While rare earths exploration and production companies outside of China are thrilled about the announcement, some analysts believe the news will have less of an impact than the aluminum and tin tariffs from earlier this summer.

Have You Read Our New Market Report?

We found stocks, market data, and important news and compiled it for you in a free report!

“This only restricts the Department of Defense from, one would presume, directly importing rare earths from China,” said Jon Hykway, president and director of Stormcrow Capital.

“That’s going to make it even harder for the very few groups in the US that play with magnets and rare earth oxides and metals to make a go of it, and open the door to companies in Japan and elsewhere that make magnets from Chinese rare earth oxides or metals to run those US companies over.”

As Hykway went on to note, the ban is not broad or specific enough to really impact China’s huge REE market. “This doesn’t keep the average US consumer from buying, for example, a made-in-China food processor with a permanent magnet motor in it, or from buying that hoverboard. It simply makes it harder for the Department of Defense to do anything.”

The move to ban imports of specific metals first began last summer, when the US government pledged US$ 40 million for ramped-up domestic exploration for REEs. The focus on REEs came after the Chinese-partnered acquisition of the sole American rare earths mine, Mountain Pass.

A subsequent US Senate report called for “commitments to purchase [domestic] strategic and critical materials, emphasizing an awareness of China’s dominance in the rare earths supply-demand setting.”

Even though the US is a large consumer of REEs, it is not the only country that uses the metals in a variety of ways.

When asked how this latest announcement will affect the supply chain, Hykway said, “[i]t probably doesn’t. The US was a small fraction of buying of Chinese rare earth oxides and metals, albeit a bigger destination of final product containing Chinese rare earths. But the US Department of Defense was almost none of that, anyway.”

Ultimately the REE ban may be more of a symbolic move towards domestic production than another trade issue between adversaries.

For Hykway, “it’s another typically scatterbrained tactic from the present US administration.”

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Have You Read Our New Market Report?

We found stocks, market data, and important news and compiled it for you in a free report!

The post Trump Admin Targets Chinese Rare Earth Imports appeared first on Investing News Network.

Investing News Network

$100. 1928-A CHICAGO PMG 66EPQ FEDERAL RESERVE NOTE REDEEMABLE IN GOLD CLAUSE

$999.00
End Date: Tuesday Sep-18-2018 16:42:39 PDT
Buy It Now for only: $999.00
Buy It Now | Add to watch list

View full post on

2013 Silver American Eagle PCGS MS70 First Strike Signed By John M Mercanti

$59.95
End Date: Wednesday Sep-19-2018 14:19:43 PDT
Buy It Now for only: $59.95
Buy It Now | Add to watch list

View full post on

Surviving a Trade War in the Age of Trump and Brexit

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62943.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Tianqi Lithium Set to Raise US$1 Billion in Hong Kong IPO

Top lithium producer Tianqi Lithium (SZSE:002466) is seeking to raise up to US$ 1 billion in an initial public offering (IPO) in Hong Kong to fund its recent purchase of a 24-percent stake in SQM (NYSE:SQM).

The Chinese company filed plans to list on the Hong Kong Stock Exchange on Friday (August 17). In the prospectus, Tianqi says 90 percent of the listing proceeds will be used to partially repay debt for the US$ 4.07-billion SQM deal.

After the purchase was announced in May, concerns about Tianqi’s dominance of the global lithium market increased. As a result, Chile’s competition authority, FNE, opened an investigation in June, which could delay the approval of the transaction.

Lithium in 2018

Your free report includes:

  • Expert commentary
  • Stocks to buy
  • Market forecasts

Give me my free report!

Despite this move, Tianqi, which has hired CLSA and Morgan Stanley (NYSE:MS) as co-sponsors for the listing, is expecting to close the IPO in Hong Kong later this year, Reuters reported.

However, sources told the news outlet that the final deal size could be smaller than US$ 1 billion due to a steep drop in lithium carbonate prices.

But according Benchmark Mineral Intelligence Senior Analyst Andrew Miller, the decline in Chinese lithium carbonate prices is seen as an early correction to the market in the Asian country, which will go through several phases of growth over the next decade.

“We urge caution to view the price downturn in Chinese carbonate as the story for all lithium, because it is not,” the analyst said in a research note.

“The growth of anything, let alone an industry that is increasing seven-fold in the next ten years, is not linear. There will bumps in the road as each part of the battery supply chain — from lithium mine to chemical plant to cathode and battery manufacturing — builds out,” Miller explained.

“This will not happen entirely in unison and as a result the road will not be smooth, but the trajectory remains the same,” he added.

Benchmark analysts are not the only ones that expect lithium demand to grow in the coming decade. In its prospectus, Tianqi quotes data from consultancy firm Roskill, which forecasts that demand for lithium will grow by 19.8 percent a year up to 2027 due to growing sales of electric cars and greater of use of batteries for storage of renewable energy.

Tianqi currently mines lithium at the Greenbushes hard-rock mine in Australia, the largest lithium mine in the world, primarily for export to China.

However, the Chinese miner aims to expand its business into Northeast Asia and Europe, Tianqi says in its prospectus. In fact, it plans to “enter into medium- to long-term supply contracts with industry leading international customers, which have stringent requirements on product quality and consistency with strict accreditation processes.”

Earlier this year, another Chinese top lithium producer, Ganfeng Lithium (SZSE:002460), also announced plans to also raise up to US$ 1 billion in a Hong Kong IPO.

On Monday, shares of Tianqi were trading up 3.74 percent on the Shenzhen Stock Exchange at CNY 39.08. The company’s share price has declined more than 26 percent year-to-date.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.

The post Tianqi Lithium Set to Raise US$ 1 Billion in Hong Kong IPO appeared first on Investing News Network.

Investing News Network

AC 1934A $20 Richmond FRN PMG 66 EPQ Fr 2055-E

$99.00
End Date: Tuesday Sep-18-2018 6:27:39 PDT
Buy It Now for only: $99.00
Buy It Now | Add to watch list

View full post on

2018 SILVER EAGLE PCGS MS70 CLEVELAND FDI MINUTEMAN POP OF ONLY100 IN THIS LABEL

$74.00
End Date: Wednesday Sep-19-2018 14:09:15 PDT
Buy It Now for only: $74.00
Buy It Now | Add to watch list

View full post on

Why Silver Could Replace The US Dollar

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62944.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Two Ontario Municipalities to Opt-out of Retail Cannabis

Two Ontario municipalities will reject the provincial plan to deploy private adult-use cannabis shops across the province, according to a new report.

As Canada is set to legalize the recreational use of cannabis on October 17, provinces across the country have had to formalize their approach to the distribution and sale of the drug.

On August 13, Ontario’s newly elected Progressive Conservative government confirmed it will privatize the retail component of legal adult-use cannabis sales and begin offering these shops in April 2019.

Looking for Cannabis Stocks?

Read our report to find market data, important news and stocks to watch!

 

This decision will open the doors to a vast network of stores from multiple competitors seeking to capitalize on the decriminalization of the drug. However, Ontario’s government decided to offer a “one-time window” to municipalities on whether or not they would allow the incoming shops.

A spokesperson for the Ontario ministry of finance confirmed to the Investing News Network (INN) the province will only offer a one-time chance to opt-out of the overall strategy to municipalities.

“This is currently being discussed with municipal leaders and officials at the meeting of AMO (Association of Municipalities of Ontario’s 2018 Annual Conference) taking place in Ottawa,” spokesperson Scott Blodgett said.

Ontario municipalities share intentions to back out of allowing retail sales

“We’re not a willing host of recreation retail outlet,” Richmond Hill mayor David Barrow told CTV News last week when asked for a reaction to Ontario’s final deliberation on the approach to recreational cannabis.

“We had a number of people attend our council meetings and say they weren’t interested in being a part of any of this process,” the mayor said.

Barrow said he doesn’t want to send the impression consuming cannabis is “an acceptable thing to do.” The mayor encouraged residents of his municipality to drive into other communities to buy recreational product but confirmed he doesn’t “want to have it available in Richmond Hill.”

Neighbor to Richmond Hill, the municipality of Markham will also opt-out of the provincial approach to allow private cannabis shops on the spring of 2019 after the legalization of recreational cannabis in Canada on October 17.

A statement from the Markham mayor’s office said mayor Frank Scarpitti “rejected” the idea of being one of the first locations for government stores under the previous administration and will also dismiss the new provincial plan.

Don’t forget to look for our coverage of MJBizCon INT’L, with show notes from the floor and exclusive interviews on INN. You can also follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

Looking for Cannabis Stocks?

Read our report to find market data, important news and stocks to watch!

 

The post Two Ontario Municipalities to Opt-out of Retail Cannabis appeared first on Investing News Network.

Investing News Network

EOS, Litecoin (LTC), & Tron (TRX) Fall

cryptocurrency market fall

As we start out the fourth week of August, we see most of the cryptocurrency market fall. Bitcoin (BTC) is trading just below $ 6,500 and Ethereum (ETH) has once again dipped below $ 300. This weekend, the market took a slight rise and almost peaked over $ 225 billion, but has since been corrected.

Let’s take a look at EOS, Litecoin (LTC), Tron (TRX), and their latest project updates today.

Cryptocurrency Market Fall – EOS

For the third month in a row, EOS has been given the top rating spot on China’s national blockchain ratings. The …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

2013 $5 ML-H BLOCK (SAN FRANCISCO) – PMG GEM66 EPQ – “TOP POP 2/0” !!

$30.00
End Date: Sunday Aug-26-2018 16:32:39 PDT
Buy It Now for only: $30.00
Buy It Now | Add to watch list

View full post on

John M Mercanti Signed PCGS MS70 Anniversary 2016 W One Dollar Silver Eagle Coin

$52.00 (3 Bids)
End Date: Monday Aug-27-2018 8:40:59 PDT
Bid now | Add to watch list

View full post on

Turkey Debt Crisis is Not Contained

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62945.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Inner Spirit CEO: We Have the Experience to Create an Award-winning Franchise

Inner Spirit Holdings (CSE:ISH) CEO Darren Bondar outlines the company’s proprietary brands and strategic partnerships.

In the interview below, Bondar outlined how the company’s low-capex business model allows them to give back to the communities in which they operate. He also discussed the company’s strategic partnerships with Auxly Cannabis Group (TSXV:XLY) and Newstrike Brands (TSXV:HIP) and how these partnerships are setting the company up for success.

Below is a transcript of our interview with Inner Spirit CEO Darren Bondar. It has been edited for clarity and brevity.

Investing News Network: Please give our investor audience an overview of Inner Spirit and its innovative business model.

Inner Spirit CEO Darren Bondar: Inner Spirit is a franchise retail company targeting the recreational cannabis space. We are not a grower. Our objective is to sell cannabis franchises under the Spiritleaf brand across Canada. We operate under a low- business model, which allows us to distribute our own proprietary strains through our Spiritleaf stores as well as brands sourced from local producers.

INN: What are the brands that sit under the Inner Spirit Umbrella? How does the company distribute these to consumers?

DB: We are planning to open Spiritleaf branded stores, which are named after our primary cannabis brand, throughout Canada in our various locations in BC, Alberta, Saskatchewan, and hopefully, Manitoba and Ontario. All of our proprietary brands will be distributed directly through our stores. Aside from our Spiritleaf brand, we have four other proprietary brands: Stone Selects, Ruby, Prairie Flower and Spirit Joints.

INN: Please tell us about your partnerships. What is the strategy behind Inner Spirits partnership strategy?

DB: We have two key partnerships in the cannabis space. Our first partnership is with Auxly , formerly known as Cannabis Wheaton. In addition to their strategic investment and our distribution agreement with them, Auxly is a great strategic partner. They’re very connected within the cannabis community and have an interest in 17 licensed producers. As per our agreement, Inner Spirit will be distributing Auxly’s brands in all of our stores and in return they will provide us with some of the inputs for our own proprietary cannabis brands.

Our second key partnership is with Newstrike. Newstrike is best known for its collaboration with The Tragically Hip. Our partnership with Newstrike involves integrating their Up Cannabis brand in each of our stores in an area we’re calling the “Up Lounge”. The lounges will promote Up Cannabis and Canadian music, and will as act as a charity center that will contribute to the Gord Downie and Chanie Wenjack fund. The lounge area will also provide information about indigenous reconciliation.

INN: Inner Spirit Holdings has a dedicated commitment to its community. How does that fit into the company’s business model?

DB: We believe that it’s important for retailers and brands to be invested in the community and this is an important part of our business model. To align with this mandate, we created the Spirit Fund to support the communities that we operate in. We will be collecting a portion of every sale we make and reinvesting that money back into our communities through donations and grants. Not only do we get to help our community, but it also allows us to promote our brand while complying with the restrictive advertising requirements outlined in the Cannabis Act.

INN: Savvy investors understand the value of the strong and experienced management team. Are there any members of your management team that you would like to highlight?

DB: We have a synergistic team that has worked together for a number of years and we’re all experienced retailers and franchisors. Some of the team has been around for over 10 years and helped build the Watch It! business. We also have an experienced board of directors whose experience is based in the capital markets, legal and retail industries.

CEO interviews are part of investor education campaigns for clients advertising on the Investing News Network. Important news is contextualized by CEOs, and the resulting interviews are disseminated to the Investing News Network audience because they have value to market watchers.

The Investing News Network interviews a CEO for an understanding of their perspective on the company, the investment potential of the company and market news related to the company. The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities.

The post Inner Spirit CEO: We Have the Experience to Create an Award-winning Franchise appeared first on Investing News Network.

Investing News Network

$1.00 1934 FUNNY BACK BLUE SEAL SILVER CERTIFICATE PMG GEM NEW 66EPQ

$199.00
End Date: Wednesday Sep-19-2018 6:19:28 PDT
Buy It Now for only: $199.00
Buy It Now | Add to watch list

View full post on

2016 Silver Eagle Spotted MS70 PCGS

$18.00 (1 Bid)
End Date: Monday Aug-20-2018 15:00:19 PDT
Bid now | Add to watch list

View full post on

Venture Fund Director Doesn’t Believe Cannabis Hype

According to Micah Tapman, managing director at Canopy Ventures, some investors are at risk of letting the cannabis hype train get ahead of itself. He recommends shorting everything for now.

Speaking at MJBizCon INT’L in Toronto, Tapman gave a presentation on valuations where he discussed how to properly weigh risk in the cannabis market as opposed to other investment spaces.

“You need to understand your baseline risk,” he told the Investing News Network (INN) after the presentation. “To put cannabis into perspective … the reality is I could probably make 12 to 15 percent doing much less risky investing in other sectors.”

Looking for Cannabis Stocks?

Read our report to find market data, important news and stocks to watch!

 

Tapman also addressed the major boom in cannabis investing in recent months, explaining that some public market investors may be letting their dreams get ahead of themselves.

“I would say short everything right now, because the hype is … we’re at the top of the curve. I can’t imagine that the reality is going to match the expectations of people who put money into the public market,” Tapman said when explaining what investors should know about his evaluation strategy. “I don’t see that reality being close to the dream that people are sort of talking about.”

Keys to evaluating cannabis companies according to Tapman

Many speakers at MJBizCon INT’L echoed the sentiment that the cannabis market is a rapidly evolving and changing environment, and that it will likely be wildly different in as little as a year.

Tapman highlighted this point when discussing how he evaluates which cannabis businesses to invest in.

“The team must be very, very agile. Mentally agile, skill level agile … we know the market will be different tomorrow than it is today,” he told INN. “The number-one way for an investment to fail is for the company to fail,” Tapman continued.

Looking for Cannabis Stocks?

Read our report to find market data, important news and stocks to watch!

 

Tapman explained that he seeks teams that are capable of making adjustments to their business models and that can also pivot depending on the dynamics of the market.

With more cannabis companies starting to pursue international — including US-based — interests, he expressed some skepticism, saying varying regulations can put a damper on those efforts.

“It’s very, very challenging to see right now, the public companies; I can’t imagine any of them being a dominant US company,” Tapman said. “It’s not just learning how to do business in the US, which is hard enough, it’s also learning how to do business in all 50 states in order to become a dominant player there.”

Executives for the leading cannabis companies on the Toronto Stock Exchange have expressed interest in the US market, once the drug is completely legal in the country. Cannabis remains an illegal substance on a federal scale, despite several states legalizing its use.

Despite some of the challenges Tapman foresees for players in the cannabis space, he expressed confidence in ancillary businesses that find themselves in a position to thrive from marijuana’s recent market positivity.

“The two big ones are agricultural technologies, which has been an underrepresented area of technical development for a long time, and then the other big one honestly is supply chain management, which also has been underrepresented,” he said.

Looking for Cannabis Stocks?

Read our report to find market data, important news and stocks to watch!

 

He explained that ancillary businesses leave room for innovation in the cannabis space that might not be seen otherwise, using Apple (NASDAQ:AAPL) as an example of a company with a successful supply chain strategy.

“They figured out how … to make the aluminum bodies, which then allowed them to sell a laptop for double the price of anybody else, which gave them the margins to get more research and development for really neat stuff,” he explained.

“We’re going to see similar types of innovation coming out of cannabis, whether it’s tracking the supply chain, packaging for eco-friendly stuff that we’re seeing now with the hemp-based plastics. Some really, really neat technologies are coming out around supply chain.”

Don’t forget to look for our coverage of MJBizCon INT’L, with show notes from the floor and exclusive interviews on INN. You can also follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Looking for Cannabis Stocks?

Read our report to find market data, important news and stocks to watch!

 

The post Venture Fund Director Doesn’t Believe Cannabis Hype appeared first on Investing News Network.

Investing News Network

Crypto Daily News: Bitcoin Cash (BCH) Futures Launched & 21-Year-Old Charged with Bitcoin (BTC) Money Laundering

Crypto Daily News

In today’s edition of Crypto Daily News, we’ll cover the new Bitcoin Cash (BCH) futures just launched in London and the details of the 21-year-old Californian that was charged for Bitcoin money laundering.

Crypto Daily News: August 20th, 2018 Bitcoin Cash (BCH) Futures

On Friday, Bitcoin Cash (BCH) took a step into the big leagues as the UK-based Crypto Facilities took Bitcoin Cash futures live. At 4 p.m. local time, UK investors were able to bet on the future price movements of the fourth largest cryptocurrency by its total market cap.

“We are pleased …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

Can new buyers hold gold and silver for decades?

The headlines this morning include many that say Venezuela has devalued the bolivar.

Five zeroes are being dropped from the printed currency.

The loss of purchasing power is said to be 95 percent.

I will bet that these headlines will inspire a few people to look into investing in gold and silver to protect their assets from such a catastrophe.

That is a good thing.

A well-run financial portfolio includes up to 10 percent in precious metals.

These newcomers will have to learn that bullion should be purchased outright, not on leverage.

Buyers should take delivery and arrange for their own safe storage.

They will also have to decide whether they want to wade into numismatics or stay strictly with the cheapest ways to buy metals in the form of bullion coins or bars.

These decisions, as important as they are, can be dealt with fairly rapidly.

Someone who wants to do this all today, starting with a zero position this morning, can have 10 percent in bullion by the end of the trading day and physical delivery before the end of the week.

For people used to doing things rapidly, there will then come the shock of just how slow movement occurs in precious metals.

Though we all tend to remember the fireworks of the Venezuelas and Zimbabwes of the world, as exciting as these are, they really do nothing for investors who are living and working day to day in U.S. dollars, European Union euros, British pounds or Chinese yuan.

In major currencies like these, precious metal movements are very slow.

Are new bullion buyers prepared to take a long view that lasts for decades?

The last peak for gold and silver came in 2011.

It has been more than eight years since silver topped out over $ 48 an ounce in April of that year.

It is slightly less than eight years since gold was trading (but not closing) at $ 1,900 an ounce in September 2011.

When I checked Kitco this morning, silver was at $ 14.70, and gold was $ 1,185.80.

These metals trade all day long. Up, down, gain, loss.

This gives the impression of speed.

However, looking back eight years, we can see that silver is down 70 percent from its most recent high.

Gold is down 38 percent.

But, in the 10 years before 2011, the percentages were hugely positive.

Both metals still show large gains from the lows of 2001.

Will buyers of precious metals who were inspired by today’s headlines about Venezuela stick it out for the long term?

That is the most important question for them to answer.

Buzz blogger Dave Harper won the Numismatic Literary Guild Award for Best Blog for the third time in 2017. He is editor of the weekly newspaper “Numismatic News.”

 

The post Can new buyers hold gold and silver for decades? appeared first on Numismatic News.

Buzz – Numismatic News

RedHill Biopharma Receives Allowance for New U.S. Patent Covering RHB-106, an Encapsulated Bowel Preparation

RedHill Biopharma (Nasdaq:RDHL) a specialty biopharmaceutical company primarily focused on proprietary drugs for gastrointestinal diseases, today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for a new formulation patent covering RHB-106, which is expected to be valid until at least 2033. Additional patent applications for RHB-106 are pending in numerous other countries.

As quoted in the press release:

RHB-106 is an encapsulated bowel cleanser licensed to Salix Pharmaceuticals (“Salix”), a wholly-owned subsidiary of Bausch Health Companies Inc. (NYSE: BHC and TSX: BHC).

RedHill recently amended its 2014 worldwide license agreement with Salix relating to RHB-106, as well as additional related rights. The amendment clarified Salix’s future development efforts and provides for enhanced involvement by RedHill in certain intellectual property matters and increased the lower end of the range of royalty payments to be paid to RedHill on net sales from low single digits to high single digits. Milestone payments remain unchanged. RedHill continues to assist Salix in the development of RHB-106, as needed.

Click here to read the full press release.

Biotech Stocks in 2018

 

Find out how the market will look this year

The post RedHill Biopharma Receives Allowance for New U.S. Patent Covering RHB-106, an Encapsulated Bowel Preparation appeared first on Investing News Network.

Investing News Network

AC $50 1993 New York FRN PMG 66 EPQ Fr 2125-B

$149.00
End Date: Monday Sep-17-2018 11:11:18 PDT
Buy It Now for only: $149.00
Buy It Now | Add to watch list

View full post on

2016-W American Silver Eagle PCGS MS 70 30th Anniversary. First Strike.

$34.00 (15 Bids)
End Date: Monday Aug-20-2018 18:00:10 PDT
Bid now | Add to watch list

View full post on

Joseph Lubin, Ethereum Co-Founder – Recent Slump Won’t Affect Growth

Joseph Lubin

Ethereum co-founder Joseph Lubin has spoken about the recent slump in the cryptocurrency market and it seems he is undeterred by it.

In a recent interview with Bloomberg Television, Lubin said that price collapses have been part-in-parcel of the “blockchain ecosystem since 2009” and as a whole, the market won’t be affected by the slump.

He further backed up his contentment by saying that “growth has been exponential” and has outweighed the price bubbles which will seem like “little pimples on a chart”.

“We’ve seen six big bubbles, each more epic than …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

South Voisey’s Bay Project Expands as Fjordland Options Claims in Labrador

Commander Resources Ltd. (TSXV: CMD) (“Commander”) is pleased to report that its project partner Fjordland Exploration Inc. (“Fjordland”) (TSXV: FEX) has expanded the company’s South Voisey’s Bay nickel-copper-cobalt project (the “SVB Property”) located 80 kilometres south of Vale’s Voisey’s Bay nickel mine in Labrador, Canada. Fjordland has signed a Letter of Intent with a consortium of private claim holders granting Fjordland the option to acquire a 100% interest in 38 mining claims located in the South Voisey’s area, Labrador. Under the terms of the agreement, Fjordland has the option to pay to the consortium $ 110,000 and incur $ 120,000 in exploration expenditures over a period of three years. The Vendors retain a 3% net smelter royalty that may be reduced to 1% by paying $ 600,000 for the first 1% reduction and $ 1,200,000 for the second 1% reduction.

The property is contiguous to mineral tenure held by Fjordland and Commander as part of their South Voisey’s Bay nickel-copper-cobalt Project (“SVB Project”). Fjordland’s strategic investor, High Power Exploration Inc. is funding this year’s $ 1.2 million work program.

Robert Cameron, P. Geo. is a qualified person within the context of National Instrument 43-101 and has read and takes responsibility for the technical aspects of this release.

About Commander Resources:

Commander Resources is a Canadian focused exploration company that has leveraged its success in exploration through partnerships and sale of properties, while retaining equity and royalty interests. Commander has a portfolio of base and precious metal projects across Canada and significant equity positions in Maritime Resources Corp. (MAE-TSX.V) and Aston Bay Holdings (TSXV: BAY). Commander also retains royalties from properties that have been partnered, optioned or sold.

On behalf of the Board of Directors

Robert Cameron, P. Geo.
President and CEO

For further information, please call:
Robert Cameron, President and CEO
Toll Free: 1-800-667-7866
info@commanderresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

 

The post South Voisey’s Bay Project Expands as Fjordland Options Claims in Labrador appeared first on Investing News Network.

Investing News Network

1935A $1 SILVER CERTIFICATE, PMG GEM UNCIRCULATED 66 EPQ BANK NOTE

$44.99
End Date: Tuesday Sep-18-2018 13:50:24 PDT
Buy It Now for only: $44.99
Buy It Now | Add to watch list

View full post on

2016 W PCGS MS 70 John Mercanti 30th Anniversary American Silver Eagle Dollar $1

$31.20 (13 Bids)
End Date: Monday Aug-20-2018 11:43:42 PDT
Bid now | Add to watch list

View full post on

What the Copper and Gold Crash Means for Commodities and Stocks

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62939.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

2-$10.1963-A PHILADELPHIA DIST [CA] BLOCK CONSECUTIVE PMG GEM 66EPQ FRN

$30.01 (4 Bids)
End Date: Sunday Aug-26-2018 18:11:47 PDT
Bid now | Add to watch list

View full post on

2014 Chinese Panda 10 Yuan 1 oz .999 Silver Bullion Round Coin PCGS MS 70

$0.99 (1 Bid)
End Date: Sunday Aug-26-2018 17:09:40 PDT
Bid now | Add to watch list

View full post on