Small Caps News
Akers Biosciences Q1 revenues more thank halved; shares suspended

Health information technology developer Akers Biosciences said revenue from its flagship PIFA Heparin PF/4 rapid assay more than halved to $259,983 in its first trading quarter - a result of a lower rate of success in extracting antigen.

Finsbury Food cake
Finsbury Food annual profit in line despite rising costs

Finsbury Food said it expected annual profit to meet expectations despite what the baker described as unprecedented increases in the cost of labour and ingredients.

13 Jul
Fletcher King cuts dividend as lettings hit by 'Brexit uncertainty'

Property asset and fund management company Fletcher King on Friday saw its shares drop over 15% after the company slashed its dividend on the back of a 63% drop in annual profits.

13 Jul
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KCR Residential raising £3.1m through share issue

KCR Residential announced on Friday that it intended to issue around £3. 1m by way of an issue of ordinary shares at, or credited as fully paid at, 70p per ordinary share.

13 Jul
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Minds + Machines launches batch of new domains into China

Internet top-level domain operator Minds + Machines Group has received approval from MIIT - the Chinese regulator - for the future release of a new batch of top-level domains (gTLDs) into China - . fashion, . fit, . yoga and . luxe.

13 Jul
Creo Medical Group raises up to £48.5m in placing

Medical device company Creo Medical Group has conditionally raised up to £48. 5m before expenses, it announced on Friday, by way of three share placings by Cenkos Securities at 125p per ordinary share.

13 Jul
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Inspired Energy tops sector index in first quarter

Inspired Energy was celebrating on Friday, after energy consultancy Cornwall Insight ranked it as the leading third party intermediary in the industrial and commercial sector index rankings for the first quarter.

13 Jul
Providence completes farm-out of part of licence to Total

Ireland-based oil and gas exploration company Providence Resources updated the market on Frontier Exploration Licence (FEL) 2/14 on Friday, confirming that, having received approval from the Minister of State at the Department of Communications, Climate Action and Environment, the farm-out comprising the assignment of 35% equity and transfer of operatorship of the licence to Total E&P Ireland had now completed.

13 Jul
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SolGold makes good drilling progress at Cascabel

SolGold updated the market on drilling programs at Alpala and Aguinaga, at its Cascabel project in Northern Ecuador on Friday, reporting that extension drilling at the Alpala Central 'high-grade core’ was expected to extend the high-grade mineralisation along the lower and northeast margins of the deposit.

13 Jul
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RhythmOne surges after good start to year

RhythmOne told investors that it had traded in-line with expectations during the first quarter, starting the year strong with quarter-on-quarter growth in both revenue and earnings.

13 Jul
Prospex upbeat on work programme at Tesorillo

Prospex Oil and Gas updated the market on the ongoing work programme to test known gas bearing sandstone sequences at the Tesorillo Project in the Cadiz Province of southern Spain on Friday.

13 Jul
Tristel sees full-year results in line, 'strong' growth across business

Tristel, which manufactures infection prevention products, said on Friday that results for the year to 30 June will be in line with expectations, with strong growth across the business.

13 Jul
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Triple Point acquires 51 supported housing units

Real estate investment trust Triple Point Social Housing exchanged contracts on one supported housing property and completed the acquisition of two more on Friday.

13 Jul
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Cadence Minerals sees continued momentum at Arden and Bonaventura projects

Cadence Minerals has seen momentum at the Arden and Bonaventura projects continue to build since its last update, with drilling now expected to kick off by the end of July.

13 Jul
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Tekmar selected for 6 years of wind farm projects by Ørsted

Subsea cable protection systems provider Tekmar Group on Friday saw its patented cable protection system selected by Ørsted, formerly DONG Energy, for its offshore wind farm projects.

13 Jul
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Regal Petroleum shares boosted by successful Ukrainian well workover

Oil and gas exploration and production firm Regal Petroleum saw its shares jump on Friday after it announced a successful workover of the SV-12 well in Ukraine.

13 Jul
SafeCharge hails 'strong' first half on new client wins

AIM-listed payments technology company SafeCharge hailed a solid first-half on Friday on the back of new client wins.

13 Jul
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Columbus Resources acquires Steeldrum Oil in all-share deal

Oil and gas producer Columbus Energy has signed a sale and purchase agreement to acquire Trinidad-focused firm Steeldrum Oil in exchange for 92m shares worth around £4. 7m on the company's current share price.

13 Jul
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Next Fifteen buys TAG for up to £3.6m

Digital communications group Next Fifteen has acquired specialist technical content and digital marketing business Technical Associates Group (TAG) for up to £3. 6m, in a deal that is expected to be earnings-enhancing in the year to 31 January 2019.

13 Jul
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Lionsgold appoints interim chairman as Price steps down

Gold exploration and production firm Lionsgold on Friday appointed Michael Anthony Corcoran as non-executive director and interim chairman with immediate effect.