On 21 August 2019 BPH Energy Limited (ASX:BPH) announced that it intended to pursue a complementary strategy of making an investment (or investments) in the medical cannabis sector, as it is considered that an investment of this nature is in line with its investee company strategy and, in particular, its biomedical business.
BPH Energy Limited
The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.
BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.
BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).
Cortical Dynamics Ltd has announced its Korean distributor ,Globaluck, has received the KGMP certificate of approval for its BARM (Class II Medical Device) from the Korea Good Manufacturing Practice (KGMP).
BPH Energy Limited (ASX:BPH) is pleased to advise that investee Advent Energy Ltd has been granted a renewal of Retention Licence 1 (RL1) in the Northern Territory by the NT Department of Primary Industry and Resources for a five-year term concluding in July 2023.
BPH Energy Ltd (ASX:BPH) is pleased to provide market update in relation to developments for its Medicinal Cannabis investment Patagonia Genetics.
BPH Energy Ltd (ASX:BPH) wishes to advise that investee Advent Energy Ltd has now terminated by mutual consent the RL Energy Joint Venture Agreement for the PEP11 permit.
MEC Resources Ltd (ASX:MMR) ("MEC") is pleased to advise that the legal dispute involving Fugro Survey Pty Ltd ("Fugro"), RPS Energy Pty Ltd ("RPS") and Asset Energy Pty Ltd ("Asset"), details of which have previously been disclosed to the market, has been settled at a court appointed mediation.
MEC Resources Limited (ASX:MMR) is pleased to advise of the following developments in investee Advent Energy Ltd's ("Advent") assets in the onshore Bonaparte Basin.
MEC Resources Limited (ASX:MMR) is pleased to advise that investee Advent Energy Limited ("Advent") has signed a Letter Of Intent ("LOI") with CO2 Group (ASX:COZ) subsidiary Western Australian Resources Limited (WARL) for the potential future supply of gas to WARL's proposed aquaculture project in northern Australia.
MEC Resources Limited (ASX:MMR) is pleased to advise of the following developments in investee Advent Energy Ltd's ("Advent") assets in the onshore Bonaparte Basin (EP386 & RL1) and offshore Sydney Basin (PEP11).
MEC RESOURCES LIMITED (ASX:MMR) provides the opportunity to listen to an audio broadcast with Mr David Breeze, Executive Director in a presentation titled "MEC Resources explains the potential of PEP11".