Small Caps
Pipehawk dented as revenue slides and loss expands
PipeHawk’s shares dived almost 15% on Monday after annual profits and revenues dipped as orders came through later in the year than expected.
Richoux to sell Piccadilly lease for £500k
AIM-listed restaurant owner Richoux said on Monday that it has agreed to sell the lease to Richoux Piccadilly for £500,000 in cash, which will be used for working capital.
Vast Resources begins exploration drilling at Zagra
Romania and Zimbabwe-focussed mining company Vast Resources announced on Monday that surface exploration drilling has begun at the Magura Neagra and Piciorul Zimbrului prospecting licenses, collectively known as Zagra, in northern Romania.
Cradle Arc secures funding extension for troubled Mowana asset
Cradle Arc subsidiary Leboam has secured a $4m extension to its pre-existing loan facility Fujax Minerals and Energy, an Africa-focused raw materials supplier, allowing it to step up operations at its Mowana copper mine in Botswana.
Tristel acquires European medical waste outfit
AIM-listed infection control company Tristel has acquired European medical waste outfit Ecomed Services for a total consideration of €5m.
Ironveld raises £0.4m as it expands operations at Bushveld
Ironveld, the owner of a high-purity iron, vanadium and titanium project on the northern limb of the Bushveld complex in Limpopo Province, South Africa, announced on Monday that it has raised £0. 4m before expenses through a placing of 24,242,420 new ordinary shares at a price of 1. 65p each.
Amur lays out strategic plan at Kun-Manie, looks for partners
Nickel-copper sulphide mineral exploration and development company Amur Minerals Corporation updated the market on its fully integrated strategic plan for its Kun-Manie nickel copper sulphide project on Monday.
Versarien inks funding agreement for Chinese manufacturing centre
Engineering outfit Versarien has entered into a memorandum of understanding with Jinan High-tech Financial Investment with regards to the AIM-listed firm's ongoing plans to establish a manufacturing centre in China's Shandong Province.