Small Caps News
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.
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.
Carclo directors depart alongside double profit warning
Shares in plastic components supplier Carclo tanked on Monday morning, as the West Yorkshire-based firm announced that its chairman and finance director had stood down after issuing a profit warning for last year and this.
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.
Carillion put into liquidation after talks with government, lenders fail
Construction group Carillion will be put into liquidation after crisis talks with the government and creditors collapsed early on Monday.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.