Aim Bulletin
Savannah says Portuguese lithium project potentially 'major' producer
AIM-quoted resource development company Savannah Resources said on Thursday that its Mina do Barroso lithium project in Northern Portugal has the potential to be a "major European producer" of spodumene lithium.
Wynnstay Properties records drop in profits despite increased property income
Property investment firm Wynnstay Properties on Thursday revealed a drop in profits, despite an increase in property income due to new acquisitions in its financial year ended 25 March.
Xtract Resources lauds 'substantial' improvement in gold production
Metals and minerals producer Xtract Resources on Thursday confirmed a "substantial" improvement in current quarter alluvial mining contractor gold production to date at the Manica concession.
CyanConnode gets another European purchase order
Narrowband radio mesh networks company CyanConnode announced a purchase order worth €0. 18m from one of its existing partners - an unnamed “industry leader” in energy management solutions - for a smart metering deployment for a European utility on Thursday.
EQTEC selected as exclusive supplier for Hanoi power plant
Waste gasification-to-energy technology company EQTEC has signed a memorandum of understanding (MoU) with Pt. CITRA Metro Jaya Energi, which is part of the Energy division of the Indonesian Citra Metro Group, to supply its ‘EQTEC Gasifier Technology’ (EGT) for a 12 MWe power plant in Hanoi, Vietnam.
RhythmOne losses widen on acquisition costs
RhythmOne saw its annual loss widen as a result of increasing costs linked to its recent acquisitions.
ITM Power sees pipeline growth, but 'one-offs' to result in full-year cash loss
Energy storage and clean fuel firm ITM Power on Thursday released a pre-close trading update showing strong growth in its orders and tender opportunity pipelines, although higher-than-expected costs were expected to result in a cash loss.
Primary Health Properties buys Moredon Medical Centre in Swindon
Primary Health Properties said on Thursday that its wholly-owned subsidiary has bought the Moredon Medial Centre, a standing let investment property in Swindon.
Diversified Gas & Oil to buy assets in Appalachian Basin for $575m
AIM-listed Diversified Gas & Oil has signed a non-binding letter of intent to buy a network of gas and oil producing assets in the Appalachian Basin in western Pennsylvania and eastern Ohio, for $575m in cash.
Reabold takes over Gaelic Resources in £3m deal
Reabold Resources announced the acquisition of 100% of Gaelic Resources on Thursday, for the issue of 420 million new ordinary shares representing £3. 045m.
Pantheon reassures shareholders after death of operator's principal
Oil and gas exploration company Pantheon Resources updated the market on Thursday, reporting that following the recent death of Bobby Gray - the principal of Vision Resources, which operates Pantheon's leases - operations across its acreage had continued without disruption.
Magnolia Petroleum to sell 31 wells to tackle lending facility
Oil and gas production firm Magnolia Petroleum on Thursday signed a non-binding agreement for the sale of its 31 wells in North Dakota for a total consideration of $1. 5m.
Duke Royalty Limited cancels exclusive agreement with Oliver Wyman
Alternative capital solutions firm Duke Royalty Limited on Thursday mutually agreed with Oliver Wyman to end an exclusive healthcare collaboration stretching back to 7 September 2015.
Eland wraps up drilling at Opuama-9 well
AIM-quoted production and development company Eland Oil and Gas has successfully drilled and completed its Opuama-9 well in Nigeria.
Trans-Siberian Gold appoints new chief engineer
AIM-quoted mining firm Trans-Siberian Gold appointed Alexey Malevanov as chief engineer of the company's wholly-owned operating subsidiary ZAO Trevozhnoye Zarevo on Thursday, taking over the role held by Alexey Selyutin at the Asacha gold mine since 2010.
Immupharma finds potential alternate indications for Lupus treatment
Drug discovery and development firm Immupharma on Thursday revealed that its pre-clinical work on P140, a peptide being developed as a Lupus treatment, may have other potential indications.
Conroy Gold intends to up drilling programme at Clontibret
Irish gold developer Conroy Gold and Natural Resources plans to increase drilling at its Clontibret gold deposit site in County Monaghan.
ValiRx rockets on 'increased confidence' in lung cancer trials
Clinical stage biotechnology company ValiRx has completed data collection from a recent Phase II trial on its lung cancer treatment and is now taking steps towards completing a clinical study report for submission.
SDX to consider future of South Ramadan after SRM-3 results
North Africa-focussed oil and gas company SDX Energy has spud its SRM-3 appraisal well at South Ramadan, Egypt, where it has a 12. 75% working interest as a non-operator, it announced on Thursday.
Faron sees some encouraging data in ongoing INTEREST analysis
Clinical stage biopharmaceutical company Faron Pharmaceuticals announced preliminary biomarker data from its Phase III INTEREST trial of ‘Traumakine’ for the treatment of acute respiratory distress syndrome (ARDS) on Thursday, reporting that the data confirmed that Traumakine treatment did not produce consistent interferon-beta bioactivity across the treatment group.