Latest news with #BrianAllen
Herald Sun
2 days ago
- Business
- Herald Sun
Top 10 at 11: Info tech lifts ASX as small caps revamp capital and asset structures
The ASX 200 lifted in the first hour of trade, supported by an uptick in info tech as small caps move to restructure capital. Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. ASX tips up in early trade The ASX 200 has risen 0.2% in the first hour of trade, led higher by a strong 1.22% gain in the info tech sector. There's a broad show of strength in the market this morning, with 9 of 11 sectors in the green and the ASX All Ord Gold index climbing 1.08%. Materials (-0.22%) and financials (-0.22%) are lagging in the sectors at present, while the ASX 200 Banks adds its own weight, sliding 0.63%. Let's see who's making waves on the ASX this morning… WINNERS Code Name Last % Change Volume Market Cap EWC Energy World Corpor. 0.063 200% 4333293 $64,657,346 NXS Next Science Limited 0.125 87% 486562 $19,574,736 JAV Javelin Minerals Ltd 0.003 50% 1000000 $12,252,298 TEG Triangle Energy Ltd 0.003 50% 774532 $4,178,468 M2R Miramar 0.004 33% 150000 $2,990,470 MRQ Mrg Metals Limited 0.004 33% 250000 $8,179,556 RNX Renegade Exploration 0.004 33% 1125000 $3,865,090 VFX Visionflex Group Ltd 0.002 33% 1000000 $5,051,791 WBE Whitebark Energy 0.004 33% 166666 $2,062,001 HMD Heramed Limited 0.009 29% 1232196 $6,129,219 In the news... Energy World (ASX:EWC) is preparing to restructure its capital and management under a proposal that would see US$440 million in debt transformed into shares. EWC is converting its debt with Slipform Engineering Group into shares at $0.88 each, 44-times its current 30-day VWAP of $0.02. EWC managing director Brian Allen will also step down from the position after 24 years, with new interim chair Alan Jowell and CEO Edward McCartin taking up their roles effective today. The company has opted to engage in a share conversion with Slipform, owned by the Elliott family (founder Stewart Elliott passed away last year), in order to repay the outstanding debt. Next Science (ASX:NXS) is looking to offload the vast majority of its assets and intellectual property in an asset purchase agreement with Demetra Holdings S.p.A for a total sale price of US$50 million. NXS will retain ownership of the durable medical equipment and intends to return the net proceeds of the sale to shareholders to the tune of US$30million. Management has signalled it intends to vote in favour of the transaction at the next EGM. MRG Metals (ASX:MRG) has secured a mining licence for the fully funded Corridor Sands heavy mineral project, covering the Nhacutse and Poiombo deposits. They're home to a 257Mt JORC resource at 6% total heavy mineral sands, which can now be added to the 103Mt at 6.6% THM Koko Massava deposit, which has already been licenced. MRG plans to get Corridor Sands up and running within the next year to 18 months. Renegade Exploration (ASX:RNX) has unearthed multiple silver rock chips grading above 1000 g/t at the Broken Hills project in Nevada, US. Five rock chips exceeded 1020 g/t silver with additional gold values up to 16.21 g/t gold, peaking at 2469 g/t silver. LAGGARDS Code Name Last % Change Volume Market Cap VML Vital Metals Limited 0.03 -70% 48 $11,790,134 EEL Enrg Elements Ltd 0.001 -33% 2450000 $4,880,668 AN1 Anagenics Limited 0.004 -20% 30000 $2,481,602 RCM Rapid Critical 0.002 -20% 1000000 $3,539,445 SIS Simble Solutions 0.004 -20% 250000 $5,411,652 SRJ SRJ Technologies 0.004 -20% 3318120 $3,027,890 AR9 Archtis Limited 0.19 -17% 834556 $66,232,445 FBR FBR Ltd 0.005 -17% 213000 $34,136,713 PRM Prominence Energy 0.0025 -17% 78495 $1,459,411 TMK TMK Energy Limited 0.0025 -17% 4478983 $30,667,149 This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as Top 10 at 11: Info tech lifts ASX as small caps revamp capital and asset structures Stockhead Good morning! Here's everything you need to know before the ASX flings open its doors and begins trading today. Stockhead Audeara has developed headphones that adjust the volume and other levels to the wearer's individual profile. Tim Boreham turns up to learn more.
Yahoo
06-06-2025
- Business
- Yahoo
True Standard Distilling comes to downtown Frederick
One of the keys to True Standard Distilling's operations sits away from the shiny white quartz countertop of the new tasting room or the 500-gallon copper still that sits behind a glass wall nearby. In a corner of a back room of the distillery — which celebrated its grand opening on Frederick's North Carroll Street on May 29 — is a case of glass beakers, each labeled with a strip of blue tape. The beakers contain extracts pulled from various types of fruits and spices, which head distiller Kristian Naslund, co-owner Brian Allen, and their team use in creating the distillery's products. Each of the extracts — whether from orange, grapefruit, lime, peppercorn, ginger, cardamom, or other items — is made in-house, said Allen, who co-owns the business with his wife, Ashley. The products include silver rum, spiced rum, silver spiced rum, and dark spiced rum, as well as a vodka. 'We're a house of cane,' Allen said, with their drinks based around cane sugars. The silver spiced rum is especially good for light, refreshing summer drinks, Naslund said. 'We want to be able to appeal to anyone who walks in the door,' he said. The neighborhood near Frederick's East Street has a history of brewing and distilling, Allen said. He and Ashley looked at the building, a former antique store, several years ago when they were looking for a location, then came back to it in 2021, he said. They kept most of the exterior walls, but gutted almost everything else, took off the roof, put in new trusses, and rebuilt the front wall. It took about a year to design the new building, and about two years to construct, he said. Allen started distilling as a hobby about 15 years ago. He and Ashley have three children. Eventually, she told him, he needed to find another location for his hobby other than at their house, he said with a laugh. He said he most enjoys the art and craftsmanship of experimenting with chemistry to create different products. Naslund also started distilling as a hobby, and began working professionally in Colorado in 2008. He said he likes trying to improve on a technique developed a long time ago, as well as the people he comes in contact with. 'For me, it's the people and connections, he said. He said that when he met Allen, he showed Naslund what he had in mind, then let him go to work. About 90% of what they produce goes into old bourbon barrels to age, Allen said. The barrels are stacked along a rear wall of the distillery's back room. The rest goes into the spiced rum and other drinks. Rum is traditionally aged in barrels, and flavors are pulled out of the wood, Naslund said. Along with the tasting room in Frederick, they're also focusing on distribution to be able to sell their product outside the Frederick area, Allen said. The tasting room is about 1,500 square feet, while the building is about 9,000 square feet overall, he said. They currently have 11 employees, bur plan to eventually have 15 to 20, he said. They're looking for a good chef, but are currently coordinating with some food trucks to provide food options, he said. As the business continues to grow, both Allen and Naslund are enjoying making a living at what they love. 'Once you get into the hobby of distilling, it gets into your blood, literally and figuratively,' Allen said.
Yahoo
31-05-2025
- Business
- Yahoo
Historic downtown Frederick carriage house now an eclectic family-owned distillery
FREDERICK, Md. (DC News Now) — A young Frederick couple has brought some exotic spirits to the downtown. Brian and Ashley Allen have repurposed a historic building to house copper pot stills for barrel aging of specialty rums. The couple is behind an architectural renovation that has won distinction from the Frederick County Building Industry Association. Shakira WorldPride concert canceled; issue with Boston performance given as reason The Carriage House on N. Carroll Street in the heart of Frederick's historic downtown dates back to 1860. Ashley Allen and her husband had been looking for a special building to house their dream of a craft distillery. 'You can't beat the downtown area here in Frederick,' said Ashley Allen. 'World-class rum deserves a world-class building!' With Ashley's help, Brian Allen put five years of passionate detail into planning and designing their business dream. 'We won the number one renovation award in the commercial building category from the Frederick County Builders Association,' said Brian Allen. True Standard's in-house distiller, Kristian Nusland, relocated to Frederick from Colorado, loves the 'downtown vibe,' as he puts it. As for being part of this creative launch in western Maryland, 'this facility is top notch,' Nusland said. 'It allows me to be creative through my process.' And talk about eclectic spirits! 'We have an Oxford reserve, which is an unaged rum finished on American and French oak,' Brian Allen explains. True Standard Distillery's doors are officially open. You can find them on Facebook and Instagram. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-03-2025
- Sport
- Yahoo
Former Rams C Brian Allen retires from NFL at age 29
Former Los Angeles Rams center Brian Allen has decided to retire from the NFL at the age of 29. His agency announced the news on Wednesday night, as the center calls it a career after five seasons in the league. Allen joined the Rams as a fourth-round pick in the 2018 draft and while he was active for 13 games as a rookie, he didn't make a start until Year 2. That season, he played and started nine games before being placed on season-ending injured reserve. He didn't play in 2020 as he recovered from knee surgery, but he returned in 2021 and started 16 games, along with four in the postseason – including the Rams' win over the Bengals in Super Bowl LVI. One hell of a ride for Brian Allen. May the next chapter be the BEST chapter! #AMDG — AMDG Sports (@SportsAmdg) March 5, 2025 Allen spent two more years with the Rams before being released following the 2023 season. He signed with the Browns last May but was placed on IR in July and released a few days later. He didn't play in 2024. Injuries certainly hindered Allen's career but his comeback story in 2021 after missing all of 2020 was memorable. He went from being a forgotten player on the Rams' roster to the starting center in Super Bowl LVI. This article originally appeared on Rams Wire: Former Rams C Brian Allen retires from NFL at age 29
USA Today
06-03-2025
- Sport
- USA Today
Former Rams C Brian Allen retires from NFL at age 29
Former Rams C Brian Allen retires from NFL at age 29 Allen was the starting center in the Rams' Super Bowl LVI win over the Bengals One hell of a ride for Brian Allen. May the next chapter be the BEST chapter! #AMDG — AMDG Sports (@SportsAmdg) March 5, 2025 Former Los Angeles Rams center Brian Allen has decided to retire from the NFL at the age of 29. His agency announced the news on Wednesday night, as the center calls it a career after five seasons in the league. Allen joined the Rams as a fourth-round pick in the 2018 draft and while he was active for 13 games as a rookie, he didn't make a start until Year 2. That season, he played and started nine games before being placed on season-ending injured reserve. He didn't play in 2020 as he recovered from knee surgery, but he returned in 2021 and started 16 games, along with four in the postseason – including the Rams' win over the Bengals in Super Bowl LVI. Allen spent two more years with the Rams before being released following the 2023 season. He signed with the Browns last May but was placed on IR in July and released a few days later. He didn't play in 2024. Injuries certainly hindered Allen's career but his comeback story in 2021 after missing all of 2020 was memorable. He went from being a forgotten player on the Rams' roster to the starting center in Super Bowl LVI.
