News And Announcements
Acacia Mining in talks with Chinese investors over possible asset sale
Acacia Mining has begun talks about potentially selling a stake in some or all of its Tanzanian gold mining operations.
Oxfam set to reform "porous system" that allowed sex offenders into organization
Oxfam says it will act on past and present allegations of exploitation and sexual harassment by staff in response to recent revelations of sexual misconduct.
Tesco shuts Cardiff call centre, cutting 1,100 jobs
Tesco will close its Cardiff call centre will close on Friday with the loss of 1,100 jobs despite the efforts of unions to reverse the decision.
Sunrise makes good progress at CS Project
Sunrise Resources updated the market on results from the phase two drill programme at its CS Pozzolan-Perlite Project in Nevada on Friday, reporting that CS Project natural pozzolans were being evaluated as a ‘green’ replacement for Portland cement in cement mixes and concrete mixes.
Angling Direct makes progress as it expands online
Fishing tackle retailer Angling Direct issued a pre-close trading update on Friday, ahead of the publication of its financial results for the 12 months ended 31 January.
WPP hits six-month high on renewed TV ad optimism, Goldman tips ITV
WPP shares have rallied to a six-month high amid a recent improvement in the ad market, capped off by a bullish view given by analysts at Goldman Sachs and Numis on Friday.
Red Leopard AIM listing about to be cancelled
Red Leopard reported progress on its acquisition of a Colombian coal mining project on Friday, but at the same time warned shareholders that its AIM listing was about to be cancelled as the transaction was taking significantly longer than initially anticipated.
Beowulf Mining begins drilling at Aitolampi project
Mineral exploration and development company Beowulf Mining announced on Friday that drilling at its Aitolampi graphite project - part of its 100%-owned exploration permit Pitkäjärvi 1 - was now underway.
Elektron Technology completes sale of Queensgate Nano
Elektron Technology announced the completion of the sale of the wholly-owned trade and assets of Queensgate Nano on Friday, to Prior Scientific Instruments, for an initial cash consideration of £0. 8m.
Christie brokers sale of five-star hotel in Alicante
AIM-listed Christie Group said on Friday that Christie & Co, its specialist provider of agency and advisory services, has brokered the sale of the Hotel Denia La Sella Golf Resort & Spa in Alicante, Spain.
Kitron shares stumble despite strong Q4 revenue and profit
Share in Scandinavian electronics manufacturer Kitron took a tumble on Friday even as it reported strong revenue growth and improved profits.
Phoenix Global Resources refinances in support of accelerated strategy
Independent Argentina-focussed oil and gas exploration and production company Phoenix Global Resources announced additional funding arrangements to support an accelerated business plan for 2018 on Friday, and provided an operational overview for 2017.
Concepta shores up management strength as part of China strategy
Healthcare technology company Concepta announced the appointment of David Darrock, chief operating officer of the Concepta group, as a director of Concepta Diagnostics on Friday.
BlackRock loans W Resources cash for La Parrilla restart
Tungsten, copper and gold exploration and development company W Resources has signed a credit and guaranty agreement, it announced on Friday, with lenders including funds managed by BlackRock Financial Management, to provide a $35m secured term loan facility to fund the La Parrilla mine development.
Advanced Oncotherapy subscription cash gets regulatory clearance
Next-generation proton therapy systems developer Advanced Oncotherapy announced on Friday that, in relation to its announcement on 7 December and following the passing of the resolution by shareholders on 23 January, it has been informed by Yantai Cipu that the Chinese authorities have authorised the transfer from China of £13. 5m.
Brown out, Noland in as accesso CEO
Technology solutions provider accesso Technology Group announced on Friday that Royce Paul Noland Jr, president and CEO of the International Association of Amusement Parks and Attractions (IAAPA), would succeed Steve Brown as its chief executive officer, and is expected to join the Board of accesso on 9 April.
OnTheMarket pleased with progress after first week on AIM
Online property portal operator OnTheMarket announced on Friday that after five days of trading on AIM, agent support for its portal has been extremely encouraging.
Tesco's tie-up with Booker at risk after ISS recommends shareholders reject sale
Tesco's £3. 7bn takeover of food wholesaler Booker suffered a blow after the former's shareholders were advised to vote against the tie-up by advisory firm Institutional Shareholder Services on Thursday.
SEGRO posts strong set of results as growth continues
SEGRO took the wraps off a strong set of financial, operating and portfolio performance metrics on Friday, reporting a record level of development completions for the 2017 year, almost all of which have been leased.
Faron Pharma to raise £15m for Traumakine investment
AIM-listed biopharmaceutical group Faron Pharmaceuticals announced plans on Friday to raise up to £15m through a placing and subscription.