Small Caps
Nautilus Marine Services registers loss after fleet of acquisitions
Nautilus Marine Services registered an increase in total loss for 2017 on Wednesday, despite increasing revenues 40% to $250,000 compared to the previous year.
Regal Petroleum shares rise almost 15% after new well spudding
Regal Petroleum’s shares shot up over 14% on Wednesday after the company announced the spudding of its VAS-10 well in Ukraine.
Conviviality discovers £30m tax bill that threatens covenants, cancels interim divi
The bad news just kept coming for Conviviality on Wednesday as it announced that it was cancelling the interim dividend that was due to be paid at the end of the week, after its shares were suspended following the discovery of a £30m tax bill that could force the alcohol wholesaler and distributor to break its banking covenants.
Flowtech Fluidpower buying Balu in £10.2m deal
Specialist technical fluid power products supplier Flowtech Fluidpower has entered into an agreement to acquire the entire issued share capital of Balu and its trading subsidiaries, Beaumanor and Derek Lane, for a total consideration of approximately £10. 2m, it announced on Wednesday.
AfriTin upbeat on latest work at Uis mine
AfriTin Mining, a mining company with a portfolio of near production tin assets in Namibia and South Africa, updated the market on operations at its flagship Uis tin mine in Namibia on Wednesday, reporting the completion of detailed geological mapping over the V1 and V2 pegmatites.
MTI Wireless edges toward merger with majority shareholder MTIC
Flat panel antenna manufacturer MTI Wireless Edge is in preliminary discussions with its majority shareholder, MTI Computers & Software Services (MTIC), for a merger between the two companies.
Yu Group raises £12m for investments in growth
Independent supplier of gas and electricity to the corporate sector, Yü Group, has raised £12. 0m in gross proceeds, it announced on Wednesday, through a placing of 1. 2 million new ordinary shares at a price of £10. 00 each.
Corero confirms two orders for its 'SmartWall' system
Network security company Corero Network Security announced two orders for its ‘SmartWall’ threat defense system technology on Wednesday, with a combined value of $0. 9m and additional incremental orders expected in 2018.
OnTheMarket signs up 1,000 offices since AIM admission
Online property portal operator OnTheMarket announced on Wednesday that, in the first five weeks since admission to AIM, additional agent firms with more than 1,000 offices were now in listing agreements with the company.
LightwaveRF abandons exclusive distribution model
Smart home solutions provider LightwaveRF announced a series of expanded distribution arrangements covering both the UK retail and wholesale sectors on Wednesday - one of which would lead to Lightwave devices being sold by the John Lewis Partnership.
Physiomics awarded a new Innovate UK grant
Cancer treatment prediction technology company Physiomics has been awarded a new grant by Innovate UK, it announced on Wednesday.
Everyman Media profit jumps amid expansion
Everyman Media, the owner of the Everyman cinema chain, reported a big jump in full-year profit on Wednesday as it continues to expand.
Concrete leveller Somero puts in solid full year with record profits
Concrete levelling specialist Somero Enterprises posted a 21% rise in full year pre-tax profits to $25. 7m as revenues hit record levels.
Mosman Oil and Gas develops seismic interpretations down under
Mosman Oil and Gas Limited provided an update on its Australian operations on Wednesday, where the company has been working on developing seismic interpretations with Synterra Technologies.
Touchstone's new wells 'encouraging' as company targets further drilling
Oil and gas exploration and production company Touchstone Exploration announced strong production from its newly drilled wells and further drilling projects on Wednesday.
SDX Energy strikes oil at Egyptian concession
Oil and gas exploration and production company SDX Energy has made an oil discovery at its West Gharib Concession in Egypt, the company said on Wednesday.
Chariot Oil & Gas says drilling starts on Rabat Permits
Atlantic focused explorer Chariot Oil & Gas said on Wednesday that it had started drilling on the Rabat Deep Permits in Morocco.
Gem Diamonds sparkles on diamond recovery, revenue jump
Gem Diamonds sparkled on Wednesday as it announced the recovery of yet another diamond of more than 100 carats and said full-year revenue rose 13%.
Alba bolsters Horse Hill consulting team with addition of Sue Corrigan
Diversified mineral exploration and development company Alba Mineral Resources announced the appointment of Sue Corrigan as its technical consultant for oil and gas on Wednesday, with immediate effect.
Sound Energy share premium account cancellation gets the High Court nod
Morocco and Europe-focussed gas company Sound Energy announced on Wednesday that the cancellation of the share premium account was approved by the High Court of Justice of England and Wales on 13 March.