Food delivery service Marley Spoon (ASX: MMM) has received further commercial support, securing A$4m in funding from supermarket operator Woolworths (ASX: WOW). The subscription-based, meal-kit delivery service that currently operates throughout Australia, Europe, and the US delivers raw ingredients and cooking instructions to the door of their customers. The convenience of delivery and the variety
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Online sharemarket forum HotCopper (ASX: HOT) has made its first major corporate move in years, announcing the acquisition of Stockhouse Publishing, a Canada-based business which runs a similar sharemarket forum, but focused on North America markets. The purchase price of CAD $20 million (approx AUD $22m) will comprise of C$18m in cash and C$2m in
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A saga between oil and gas explorer Gas2Grid (ASX: GGX) and the French Government has now been drawn out since 2013, prompting the company to instruct lawyers to launch legal action seeking $55 million in damages. Currently trading with a market cap of just $5 million, the claim, if successful, would be one of the
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West Australian gold explorer Kingston Resources (ASX: KSN) has returned excellent high-grade assay results from a maiden drill program at their Livingston Gold Project with several large intersects identified within just 20m under surface. Major near-surface intersects at the Kingsley prospect include 5m @ 3.68g/t Au from 12m 10m @ 11.95g/t Au from 20m 15m
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Installation of agriculture tech company Roots’ (ASX: ROO) soil heating system has seen cannabis yields increase by 40%, applying a similar heating system to root soils which humans have been implementing in homes for decades. The Root Zone Technology Optimization (RTZO) technology sees Roots install piping within soil depths which enable users to control the
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Highlighting the importance of compliance and transparency for investors, a corporate governance breach by agriculture company CropLogic (ASX: CLI) has landed them on the ASX watch-list which will see their announcements and activity closely scrutinised by regulators for the foreseeable future. The situation arose following a private query from the ASX to CropLogic as to
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Highlighting the importance of compliance and transparency for investors, a corporate governance breach by agriculture company CropLogic (ASX: CLI) has landed them on the ASX watch-list which will see their announcements and activity closely scrutinised by regulators for the foreseeable future. The situation arose following a private query from the ASX to CropLogic as to
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As the Australian public continues trending towards health-conscious eating, dairy producer Keytone Dairy (ASX: KTD) is expanding into the segment via the acquisition of lifestyle health and wellness brand Super Cubes. The purchase price of $263k cash, $463k debt settlement and issue of performance-based shares will provide Keytone with Super Cubes’ products as well as
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If Doctor Google can diagnose your current ailments, medical informatics company Alcidion (ASX: ALC) may soon be predicting your future needs after being engaged by Healthscope to develop a data and analytics solution. The agreement, valued at $895,000 over three-years, will see the two companies work together as Healthscope seeks to transform the way healthcare
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Melbourne-based drug development company AdAlta (ASX: 1AD) has been selected by GE Healthcare, one of the world’s largest healthcare companies, to develop ‘i-bodies’ which GE can use as imaging agents. One-tenth of the size of regular antibodies, i-bodies are a new class of human protein therapeutic which can be applied as a therapeutic drug to
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