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Aim Bulletin
15 Jan
Oil mining
JKX Oil and Gas completes workover of Ukrainian well

Upstream exploration and production company JKX Oil and Gas has successfully completed its workover project on its IG101Z well in Ukraine, the first drilling operation conducted by its local operator since 2015.

15 Jan
gold bars precious
Orosur Mining profits offset by depreciation and retrenchment costs

South-American focussed gold producer Orosur Mining produced a loss in the three months leading to 31 December, as growing operating profits were wiped out by higher levels of depreciation and costs associated to staff retrenchments.

15 Jan
Drugs, pharmaceuticals, medical
Sinclair Pharma expects return to profit after revenues jump 20%

AIM-listed speciality pharmaceutical group Sinclair Pharma grew revenues by a fifth over the twelve months ended 31 December, as the effort put toward restructuring its European operations began to bear fruit.

15 Jan
Gambling on the housing market. Image: TaxRebate.org.uk
XLMedia in €15m Finnish websites buy

XLMedia said it was buying a number of Finnish gambling-related informational websites from Good Game for up to €15m in cash.

15 Jan
velocys
Velocys shares plummet as firm proposes fundraising

Waste-to-fuel company Velocys announced on Monday that it intended to raise around £18. 4m before expenses by way of a firm placing and open offer to fund initial development costs for two key projects.

15 Jan
handshake
Falanx wins new contract, appoints Ian Selby as CFO

Intelligence, security and cyber defence provider Falanx Group said on Monday that it has won a multi-year contract with a "premier" UK health sector organisation as it announced the appointment of a new chief financial officer.

15 Jan
hikma drugs generics
Avacta reaches licensing agreement with Glythera after initial study yields positive results

Biotechnology company Avacta Group has successfully concluded its initial study with next-generation antibody drug conjugates developer Glythera, leading to a licensing agreement between the two firms.

15 Jan
Casino apostar juego
GAN tie-up with SBTECH eyes lifting of US sports betting ban

Internet and casino gambling software provider GAN on Monday said it had formed a partnership with SBTECH to serve real money sports betting to GAN's US clients.

15 Jan
handshake
Watkin Jones CEO to step down

AIM-listed Watkin Jones said on Monday that chief executive officer Mark Watkin Jones plans to step down from the role once a suitable successor has been appointed and following an orderly handover.

15 Jan
Greatland Gold tumbles after Newmont backs out of Western Australian project

AIM-listed mineral exploration and development firm Greatland Gold was informed by the potential operator of its Ernest Giles project in Western Australia that it would not be going ahead with the project, an announcement that sent the group's shares into freefall early on Monday.

15 Jan
Money pound sterling magnifying glass
Spectra reaches licensing agreement with major banknote supplier

Tech-based security solutions firm Spectra Systems has inked a licensing agreement to extend the rights of its underlying technology to an unnamed client, unlocking $11. 2m in royalty payments for the firm over the next five years.

15 Jan
cbmineraldehierro
Base Resources agrees to acquire Madagascar asset

Dual-listed mineral sands producer Base Resources told investors on Monday that its planned acquisition agreement for the Toliara Sands project in Madagascar was now unconditional.

15 Jan
cbmoney2
SpaceandPeople beats full-year profit targets

Media specialist SpaceandPeople saw strong trading during the final quarter of 2017 that brought total revenue in line with market expectations, but thanks to the mix of revenue from the firm's individual divisions, overall pre-tax profit was anticipated to come in ahead of consensus.

15 Jan
bandera_brasil brazil
Harvest Minerals expands Brazilian operations after strong finish to trading year

AIM-listed fertiliser producer Harvest Minerals was set to substantially expand operations at its wholly-owned Arapua project in Brazil after sales of KPfértil accelerated in the tail-end of the 2017 calendar year.

15 Jan
amazon prime day promo portada
Bango bundles up with Amazon

Mobile payments company Bango on Monday said it joined forces with Amazon to allow customers to sign-up to the US firm's paid Prime service in India through resellers.

15 Jan
cash money sterling pay deal offer acquisition m&a
Randall & Quilter sells insurances services, captive management operations

Randall & Quilter has sold its insurance services and captive management operations to digital solutions provider Davis Group.