Small Caps News
Urals' working capital 'significantly constrained' following unauthorised loan
Russia-focussed exploration and production firm Urals Energy told investors on Monday that an unauthorised loan and asset sale had led to a combined working capital deficit of roughly $1. 6m.
System1's loss narrowing more slowly than expected
Marketing services group System1 said on Monday that its gross profit was “stabilising” after the company invested heavily in subscription service offering Ad Ratings.
Proton Power sets up joint-venture with German carmaker
Fuel cell outfit Proton Power Systems has agreed to establish a joint venture with electric carmaker e. GO Mobile that will see the London-listed group build a range extender for the German startup's mini-buses.
Eden Research pens distribution agreement for grape fungicide
Eden Research on Monday signed an exclusive distribution agreement for Sipcam to sell grape fungicide product Novellus in Australia and New Zealand.
Tekcapital's subsidiary Lucyd 'excited' by Brazilian partnership
Tekcapital’s wholly owned portfolio company Lucyd on Monday made its first sale to a Brazilian optical retailer as part of a newly-formed reseller partnership between the two companies.
IQE taps Tim Pullen to fill empty CFO position
IQE tapped Tim Pullen to take on the role of chief financial officer on Monday following the passing of the group's long-serving CFO. Phillip Rasmussen. back in April.
Cora Gold determines exploration target of 30-50m tonnes
West African-focused exploration company Cora Gold told investors on Monday that it had determined an initial exploration target of 30-50m tonnes of gold at its Sanankoro project in southern Mali.
Purplebricks enters German market with Axel Springer JV
Online estate agent Purplebricks has announced its entry into the German market as it takes a joint stake in Berlin-based rival Homeday with digital publishing house Axel Springer.
Active Energy to install CoalSwitch facilities across the US
AIM-quoted renewable energy outfit Active Energy has entered into a joint venture agreement with Georgia Renewable Power that will see the pair install CoalSwitch facilities across the US.
Patisserie Valerie's under-fire boss steps down from Restaurant Group
Patisserie Valerie’s under-pressure chief executive Paul May has quit the board of The Restaurant Group.
Cake Box sees FY profit ahead after strong first half
Cake Box said on Monday that full-year profit is now likely to be ahead of current market expectations following a strong first half.
Hurricane Energy's Aoka Mizu FPSO sets sail for North Sea
UK based oil and gas company Hurricane Energy revealed that its Aoka Mizu floating production, storage and offloading vessel departed Dubai on Monday.
Hemogenyx inks lupus collaboration with Johnson and Johnson
Biopharmaceutical group Hemogenyx has entered into a collaboration agreement industry giant Johnson and Johnson to develop a model of systemic lupus erythematosus, the most common form of Lupus.
Shoe Zone sees FY profit ahead of views, announces £4m special divi
Value footwear retailer Shoe Zone said on Monday that full-year pre-tax profit should be ahead of market expectations following a good second half, as it announced a £4m special dividend.
New contract wins of £15m spark revenue growth at Ixico
Ixico has achieved a 32% increase in annual revenues after expanding the range of medical imaging services that it provides, the company said on Monday.