Small Caps News
Restore drops as shredding worries distract from double-digit earnings growth
Restore’s shares stumbled on Monday after the company’s shredding business experienced lower volumes than budgeted over the course of the year.
Block Energy aims for 900bopd after "excellent" production results at new well
Georgia-focussed oil and gas company Block Energy lauded its “excellent” initial production results from well-44 on its Norio Field, on Monday.
Panoply Holdings to buy D/SRUPTION for up to £3.6m
Panoply Holdings said on Monday that it has bought D/SRUPTION, the owner of business magazine iDisrupted, for up to £3. 6m.
Avingtrans on course as acquisitions open new avenues
Avingtrans climbed on Monday after it reported that it remains on course to match full-year expectations amid the integration of recent acquisitions and a "robust" pipeline halfway through its financial year.
Litigation Capital Management to fund Aussie case
Litigation financing solutions provider Litigation Capital Management entered into an agreement to provide litigation finance in relation to proceedings which were currently being undertaken in Australasia, it announced on Monday.
Osirium anticipates 47% revenue growth after new UK customer wins
Osirium Technologies on Monday reported that results for 2018 are set to be “significantly ahead” of the year before as trading continues to improve.
Caldonia Mining gold production at Blanket shifts higher
Caledonia Mining Corporation announced gold production from the Blanket Mine in Zimbabwe for the quarter and year ended 31 December on Monday, with approximately 14,952 ounces of gold produced during the quarter, which was 7% higher than the previous quarter.
Mobile Streams pleased with performance even as revenue halves
Mobile Streams updated its shareholders on its progress for the six months ended 31 December on Monday, highlighting the fact that it secured direct agreements with all four mobile telecom operators in India during the period.
Surgical Innovations sees 'significantly stronger' second half
Surgery technology designer and manufacturer Surgical Innovations Group updated the market for the year ended 31 December on Monday, reporting that trading was “significantly stronger” in the second half, resulting in group revenue for the full-year of around £11m.
Arden Partners launches new wealth management division
Arden Partners announced the launch of Arden Wealth Management - its new wholly-owned and FCA-approved wealth management subsidiary on Monday, as well as the creation of a new wealth management division within the Arden group.
Tri-Star pleased with SPMP progress despite delays
Mining and minerals processing company Tri-Star Minerals announced an update from Strategic & Precious Metals Processing’s antimony-gold processing facility in Oman, in which it had a 40% shareholding, and on progress with the disposal of its interest in the Göynük Project in Turkey.
AFH Financial Group completes acquisition of Hayburn Rock
Financial planning-led wealth management firm AFH Financial Group announced the completion of the acquisition of Hayburn Rock Group and its subsidiary companies, based in Stourbridge, West Midlands, on Monday.
XP Power's quarterly order intake slides
XP Power, the maker of power control components, had a good finish to 2018 as it ended the year trading in line with expectations.
Ascent Resources eyes expansion beyond Slovenian border
Ascent Resources has resumed its previous strategy of expanding beyond the Eastern European nation of Slovenia, even as it continues to focus on moving forward its Petisovci project.
Boku revenues rise as transaction values soar
Carrier billing outfit Boku expects to turn in a sharp rise in revenues in its last trading year as a result of higher transaction values across its platform.
Horizonte Minerals awarded construction licence for Araguaia project
Brazil-focussed nickel development company Horizonte Minerals has been awarded the construction licence for the development of its 100%-owned Araguaia Ferronickel Project, it announced on Monday.
Highland Gold upbeat on improved resources and reserves
Highland Gold Mining announced the results of an updated audit of mineral resources and ore reserves at the Mnogovershinnoye (MNV) mine on Monday, which was conducted by Micon International and took into account data from near-mine exploration conducted in 2017, as well as updated mining parameters.
Pelatro 'delighted' after acquisition yields customer boost
Marketing software provider Pelatro reported on Monday that it expects to meet full-year expectations for property and revenue after more than doubling its number of customers from 6 to 14 over 2018.
Michelmersh sees full-year results in line with market views
Brick manufacturer Michelmersh said on Monday that results for the year are set to be in line with market expectations.
Ideagen acquires Irish software provider Scannell Solutions
Ideagen acquired Irish software-as-a-service provider Scannell Solutions for a total cash consideration of £3. 5m on Monday.