Small Caps
Lucapa Diamond hits monthly record at Angola diamond project
The Lulo Diamond Project in Angola achieved a monthly treatment record of 29,657 bulk cubic metres (bcm) of alluvial gravels in October, according to a joint statement, on Wednesday, by Lucapa Diamond Company and its partners Empresa Nacional de Diamantes and Rosas and Petalas.
Koovs seeking permission to issue up to £18.9m in convertible loan notes
India-focussed fashion e-commerce business Koovs issued a short update to the market on Wednesday morning, announcing today that it will be seeking a renewal of permission for the issue of up to £18. 9m of convertible loan notes.
Pantheon Resources reports authorisation of and first gas sales at East Texas gas facility
AIM-quoted oil and gas exploration company, Pantheon Resources, has reported "successful" commission, on Tuesday, of the gas processing facility in Polk County, East Texas, as well as its first gas sales.
Eland Oil & Gas reports strong production at Opuama
Eland Oil & Gas, the oil & gas production and development company, operating in West Africa with an initial focus on Nigeria, reported strong production performance from the Opuama field, with gross output from all three wells reaching 19,000 barrels of oil per day.
Ian O'Doherty succeeding Chris Houghton as Park Group chair
Multi-retailer, multi-channel gift voucher and prepaid gift card provider Park Group announced the appointment of John Sullivan (Ian) O’Doherty as its new chief executive officer on Wednesday, to succeed Chris Houghton, whose retirement was announced on 12 June.
Galantas Gold proposes private placement of shares
Galantas Gold Corporation has today announced a proposed private placement of shares, for working capital purposes, as well as to continue developing an underground mine on the Omagh property.
Zambeef profits halved due to increased costs
Annual profits at Zambia-based agribusiness Zambeef Products took a nosedive as unfavourable exchange rates, increased costs and lower commodity prices wiped out gains made in retail sales.
Elecosoft appoints Simon Morgan as new finance director
Construction software specialist Elecosoft announced the appointment of Simon Morgan as its finance director with immediate effect on Wednesday.
Jeffrey Karoly installed as CFO at Condor Gold
Condor Gold announced the appointment of Jeffrey Karoly as its chief financial officer with immediate effect on Wednesday.
Bango brings mobile payments to Google Play in Nigeria
Mobile payments company Bango has launched operator-billed payments for Google Play users with 9mobile in Nigeria, it announced on Wednesday.
Ascent begins export production from two Slovenia wells
Europe-focussed oil and gas exploration and production company Ascent Resources updated shareholders on the start of export production from the Petišovci field in Slovenia on Wednesday, confirming that it commenced export production from well Pg-10 on 2 November, with production from well Pg-11A added on 3 November.
Investee company of Legendary Investments valued at £10m
Legendary Investments has announced that as a result of the progress made at its investee company, IBS, several investors had taken on equity of IBS at a valuation of $10m.
Akers Biosciences shares retreat after third quarter
Screening and testing product manufacturer Akers Biosciences grew revenues 10% in its third quarter of trading thanks to strong sales of its breathalyser and rapid cholesterol testing products.
Tune Hotel in Newcastle to receive easyHotel treatment
Owner, developer and operator of so-called ‘super-budget’ hotels easyHotel has agreed to take over the 104-room Tune hotel in Newcastle, it announced on Wednesday.
Motif Bio agrees $20m of new debt to launch antibiotic
Motif Bio, the clinical stage-biopharmaceutical company, has entered into an agreement with Hercules Capital, for up to $20m in debt financing, in preparation for the anticipated US launch of iclaprim, a potential novel antibiotic, in 2019.
Avon Rubber profits rise on increased orders
British manufacturer Avon Rubber saw it operating profits rise to £25. 8m in the year ending 30 September thanks to a 22. 2% year-on-year increase in its order book.
Wey Education to acquire complementary education business
London-based group Wey Education launched a share in issue on Wednesday as it aimed to raise £5m in order to fund the acquisition of complementary education business Target for as much as £2. 17m.
Energiser Investments sells 20 residential units in Northamptonshire for £2.8m
Energiser Investments has legally completed the sale of the 20 residential units at Wellingborough Northamptonshire at the agreed price of £2,800,000, following its announcement of 24 October 2017, it reported on Wednesday.
Utilitywise pushes back annual results due to additional review
AIM-listed independent utility cost management consultancy, Utilitywise, said on Wednesday that its results for the year to 31 July - which had been due on 21 November - have been pushed back as it carries out an additional review of its estimation methodology for expected consumption levels on live contracts.
Fenner flies back into profit and eyes better 2018
Plastics manufacturer Fenner was pulled out of the red and bumped up its dividend 40% thanks to much strengthened order intake, which should mean the new year is better than the City was expecting.