Tuesday, February 7, 2023
HomeBusinessStocks of the Hour: Corazon Mining, Synertec Corporation, Imagion Biosystems

Stocks of the Hour: Corazon Mining, Synertec Corporation, Imagion Biosystems

Corazon Mining (ASX:CZN) has discovered spodumene pegmatites at their Miriam Project in Western Australia. The company has found widespread indicators of pegmatite throughout the Project area. Shares are trading 28.6 per cent higher at 2.7 cents.

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Synertec Corporation (ASX:SOP) provided an update to its novel and proprietary Powerhouse technology, which has successfully been integrated with Santos’ production and operating systems and is supplying 100% of power, emission-free, to a remote cluster of eight gas wells spread across an area of approx. 10 square kilometres, replacing the existing bank of fossil-fuelled generators. Synertec Managing Director, Michael Carroll, commented: “We see a significant local and global addressable market for our Powerhouse technology where remote locations operating industrial equipment can benefit from portable, stable base load renewable power supply. As the world continues to transition to a carbon-free future, technologies such as Powerhouse will allow our customers to achieve their decarbonisation goals.” Shares are trading 13.2 per cent higher at 21.5 cents.

Imagion Biosystems (ASX:IBX), a company dedicated to improving healthcare through the earlier detection of cancer, announced positive clinical data reported at a breast cancer conference in San Antonio. In response to the news, Bob Proulx, CEO, stated, “ there is evidence in real patients that our nanoparticle technology could improve upon conventional medical imaging methods is a major milestone for the Company. Shares are trading 12 per cent higher at 2.8 cents.

Image & Story Credit: finnewsnetwork.com.au

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