Small Caps News
Quiz launches new menswear line
Omni-channel fast-fashion brand Quiz is set to trial a new online product category of menswear.
Cradle Arc to sell subsidiary or embark on joint-venture after option agreement
Metals explorer Cradle Arc said on Monday that it has entered into an option agreement with Singa Holdings Zambia to establish a joint-venture or offload its subsidiary Luiri Gold Mines.
Papua Mining rockets after gold and copper systems identified at Marengo
AIM-traded mining firm Papua Mining on Monday announced that it has defined two intrusions with multiple veins at its Marengo gold project in Queensland through field mapping and rock sampling.
Avacta losses widen as R&D costs increase
Biotherapeutics developer Avacta Group released its unaudited interim results for the period ended 31 January on Monday, reporting half-year revenues of £1. 5m - up 16% year-on-year - comprising £0. 7m from Avacta Life Sciences and £0. 8m from Avacta Animal Health.
Fox Marble adds state-of-the-art machinery to Kosovo plant
Marble quarrying and finishing company Fox Marble announced on Monday that it has installed a new state-of-the-art computer numerical control (CNC) machine and a block vacuum pump machine in its processing factory in Pristine, Kosovo.
PCF retail deposits surpass £100m mark
Specialist bank PCF announced on Monday that the total value of deposits it has accepted from retail customers has surpassed the £100m mark.
President Energy gets to work at Puesto Flores
Upstream oil and gas company President Energy announced an accelerated programme of workovers and drilling activity at the Puesto Flores/Estancia Vieja Concession in Río Negro Province, Argentina on Monday.
Amur Minerals ups EBITDA projections as Russian asset gets go-ahead for underground mining
AIM-quoted exploration and development company Amur Minerals upped estimates on its global EBITDA for April after its Maly Kurumkon/Flangovy (MKF) drill programme at Kun-Manie, located in the far east of Russia, was opened up for a combination of open pit and underground mining.
XLMedia buys bingo comparison site WhichBingo
AIM-listed XLMedia, a provider of digital performance marketing, has announced the acquisition of bingo comparison site WhichBingo. co. uk for an undisclosed sum.
Shanta Gold records profit for the first time
East Africa-focussed gold producer, developer and explorer Shanta Gold released its audited final results for the year ended 31 December on Monday, reporting revenue of $103. 4m, up from $107. 1m, at an average realised gold price of $1,263 per ounce, compared to $1,220 per oz in 2016.
Horse Hill progress leads Primorus portfolio in first quarter
Primorus Investments updated the market on its portfolio for the quarter ended 31 March on Monday, highlighting that Horse Hill Developments received final decision notices from Surrey County Council, discharging all of the pre-commencement conditions for the extended flow test of the HH-1 oil discovery, with site civil activities beginning.
Anglo Asian Mining celebrates bumper first quarter
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining updated the market on production, sales and operations at its Gedabek gold, copper and silver mining and production contract area in the west of the country for the three months to 31 March on Monday, reporting a 26% increase in year-on-year gold equivalent ounce production.
Metal Tiger joint venture seeks approval for Botswana work
Strategic natural resource opportunities investor Metal Tiger updated the market on its 30-70 joint venture project with MOD Resources in Botswana’s Kalahari Copper Belt on Monday, reporting that an application has been lodged with the Botswana Department of Environmental Affairs for an environmental management plan for drilling within the 697 square kilometre T20 Dome complex.
Feedback streamlines structure and shuffles board in strategy review
Medical imaging development firm Feedback has formulated a new company structure by merging two subsidiaries it acquired in 2014, the company said on Monday.
Growing customer base yields revenue boost for Itaconix
Bio-based polymer developer Itaconix announced on Monday that it has achieved a significant improvement in first quarter revenues despite adverse currency movements.
Frontera Resources shares dip in the face of Georgian legal challenges
Independent oil and gas exploration and production firm Frontera Resources has become embroiled in a legal dispute concerning a production sharing contract (PSC) at its block 12 licence in Georgia, the company said on Monday.
Draper Esprit's primary potfolio strengthened in 'active year'
AIM-quoted venture capital firm Draper Esprit saw another active year leading to an anticipated 50% increase in the value of its gross primary portfolio to £244m.
Echo Energy's 'transformational year' results in broadly flat losses
South and Central American focused upstream oil and gas firm Echo Energy posted broadly flat losses from the twelve months leading to 31 December as a result of what its chairman referred to as a "transformational year for the company".
First Property sees 2018 results in line with market expectations
AIM-listed property fund manager and investor First Property said on Monday that its full-year pre-tax profit for 2018 should be in line with market expectations.
'Major tyre maker' hires Versarien for graphene testing
Engineering solutions firm Versarien announced on Monday that it has secured a purchase order from a leading European tyre producer for the company’s graphene variant nanene for testing purposes.