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Motif Bio files shelf registration in the US

Clinical-stage biopharmaceutical company Motif Bio announced on Friday that it has filed a ‘universal’ shelf registration statement on Form F-3 with the US Securities and Exchange Commission.

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Altus acquisiton of Legend projects moves a step closer

Africa-focussed exploration project generator Altus Strategies announced on Friday that Legend Gold had received the requisite shareholder approval in connection with the proposed plan of arrangement as agreed between Altus and Legend and announced on 21 November last year.

Impax completes acquisition of partner Pax Asset Management

Impax Asset Management Group announced on Friday that, further to its statement on 18 September last year, the acquisition of Pax World Management had completed following the admission to trading on AIM of the 2,665,989 consideration shares on Thursday.

Weatherly posts bumper production at Tschudi

Weatherly International issued its update for the quarter to 31 December on Friday, reporting that Tschudi cathode production improved by 15% quarter-on-quarter to 4,739 tonnes, which was 11. 5% above nameplate over the quarter.

Trans-Siberian Gold edges past guidance on record Q4 production

In the three months leading to 31 December, miner Trans-Siberian Gold produced 12,244 ounces of gold to lift annual production just ahead of guidance.

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French esports franchise ARES joins Gfinity's Elite Series

Esports entertainment group Gfinity announced on Friday that Paris-based esports franchise ARES has acquired its place on the roster at the Gfinity Elite Series season three, which is due to commence in March.

GoldStone looks into revitalising old Akrokeri mine

GoldStone Resources announced on Friday that, as part of its review of historical data, it has initiated a project to potentially revitalise the old Akrokeri underground mine.

AFC Energy preps for commercial deployment

AIM-listed industrial fuel cell power company AFC Energy stressed the importance of improvements made to its fuel cell system throughout the fourth quarter of the calendar year as it began to build a "compelling case" for commercial deployment.

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Global Petroleum to start farmout process on Namibia interest

AIM-listed Global Petroleum Limited on Friday said shortly commence it would start a farmout process on its Namibian interests.

Prospex, United Oil soar on Italian gas discovery

Shares in Prospex Oil & Gas and United Oil & Gas soared on Friday as the companies announced a significant commercial gas discovery at the Podere Maiar appraisal well in the Po Valley region of Italy.

Blancco board positive as it continues hunt for new CEO

Mobile device diagnostics and secure data erasure solutions provider Blancco Technology Group issued a trading update for the six months to 31 December on Friday, in advance of its half yearly results which would be announced on 20 March.

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EQTEC makes partial early repayment on secured loan facility

Technology solutions company for waste gasification to energy projects EQTEC announce on Friday that it has made a partial repayment of £378,882 on its secured loan facility, which comprises a five-year term loan of £1m at 15% per annum fixed rate of interest, with Ecofinance GLI.

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RM2 urgently seeks cash as bank balance rapidly dwindles

Sustainable pallet developer RM2 International updated the market on its cash position on Friday, having previously provided estimated information on its expected cash resources position over the following eight weeks on 1 December last year.

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Petro Matad raises $16m in share placing to fund drilling campaign

AIM-listed Mongolian oil explorer Petro Matad has raised $16m through the placing of around 59. 2m shares at 6. 5p each.

Beximco buys stake in Bangladesh-based Nuvista for up to £18.3m

AIM-listed Beximco Pharmaceuticals has bought a majority stake in Bangladesh-based Nuvista Pharma, which specialises in hormones and steroid drugs, for up to £18. 2m.

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Character Group confident despite recent headwinds

Branded toys, games and giftware developer The Character Group issued an update on itrs trading on Friday morning, as investors gathered for its annual general meeting.

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Fevertree shoots higher on bid speculation and broker 'buy' recommendation

Fevertree Drinks is in a "unique" position to capitalise on the 'premiumisation' or 'gin-naissance' trends in the drink industry, analysts believe, leading to rumours on Friday that the company may be a takeover target.

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EasyJet to take off on back of Air Berlin slots acquisition - Morgan Stanley

EasyJet looks ready to reap the benefits of its moves to expand its short-haul flight business, as its acquisition of recently collapsed carrier Air Berlin's operations at Tegel Airport set up the British firm to take the title of Germany's leading airline.

Gama Aviation reports strong year amid ongoing legal battles

Business aviation services provider Gama Aviation updated the market on its trading for the full year to 31 December 2017 on Friday, in advance of the publication of its full year results.

Oil mining
United Oil and Gas confirms commercial discovery at Italian asset

United Oil & Gas has confirmed a "significant commercial discovery" from a well in the Selva gas field in northern Italy, with a production concession application to the Italian Ministry planned for submission before the end of first half of 2018.