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Stocks of the Hour: Adherium, Nanoveu, Nimy Resources

sharecafe ·  May 24 09:30

Adherium (ASX:ADR), a leader in respiratory eHealth, remote monitoring and data management solutions, today announced that AstraZeneca has selected its Hailie Smartinhaler platform for a clinical trial. This contract is valued at $1.1M over the course of three years. Shares are trading 31.58 per cent higher at 2.5 cents.

Nanoveu (ASX:NVU), a company specialising in innovative films and coatings is pleased to announce the execution of a Joint Venture Agreement with its Chinese manufacturing partner Shenzhen Fullsand Printing & Packaging Co. The Joint Venture has been established to develop and market Fullsand's software and manufacturing processes with Nanoveu's proprietary EyeFly3D software and focus on global markets with the exclusion of China. Shares are trading 5.26 per cent higher at 2 cents.

Nimy Resources (ASX:NIM) advises that GAP Geophysics have commenced work on site conducting DHEM, MLEM and FLEM surveys at the Masson, Block 3 and Vera's Gossan Prospects. Fender Geophysics are scheduled to arrive onsite on the 29th of May to conduct a Gradient Array Induced Polarisation survey across the Block 3 Prospect. Shares are trading 17.5 per cent higher at 4.7 cents.

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