Seeing Machines Limited (LON:SEE) has secured a programme design win, working with a major Tier 1 partner, with a global US-headquartered automotive original equipment manufacturer.
Nektan PLC (LON:NKTN) has agreed with its Malta-based gaming partner, Tyche Digital, to deliver its Evolve lite gaming platform to global cryptocurrency online casino operators.
Union Jack Oil PLC (LON:UJO) has acquired a further 12.5% in the PEDL180 and PEDL182 licences in North Lincolnshire, which are home to the Wressle discovery and the Broughton North prospect. The additional stake takes Union Jack’s total interest in the licences to 27.5%.
Sunrise Resources Plc (LON:SRES) has found a second customer for perlite from its CS Project in Nevada. A non-binding memorandum of understanding has been signed with the unnamed company that Sunrise hopes will lead to a definitive purchase and sales agreement for minimum quantities of raw perlite.
Savannah Resources Plc (LON:SAV) has said it believes that €100mln (£87.5mln) is a reasonable estimate of the lithium miner’s possible future financing requirement and added that it has no present plans to move from AIM. In a statement clarifying the contents of an article published in the Sunday Express on 3 June 2018, the resource development company said the figure quoted looks reasonable “having regard to potential development costs based on peer group comparisons.”
North Africa-focused oiler SDX Energy Inc (LON:SDX, CVE:SDX) has spud the SD-4X appraisal well at South Disouq, Egypt The well is the first of two planned appraisal wells in SDX’s 2018 drill campaign on the licence.
BATM Advanced Communications Limited (LON:BVC) has entered into a joint development agreement (JDA) with a leading multinational semiconductor and software design company.
Jubilee Metals Group PLC (LON:BMR) has helped out its joint venture partner BMR’s efforts to resolve the settlement of approved past creditors by allowing BMR to hand over some Jubilee shares to pay off around US$800,000 in debts.
Corero Network Security PLC (LON:CNS) has announced a US$0.7mln order for its SmartWall Threat Defence System technology from an existing digital enterprise customer. Big Pic in March.
ANGLE PLC (LON:AG, OTCQX:ANPCY) said it is making “encouraging progress” enrolling patients to its clinical trial of the company’s liquid biopsy system Parsortix The ANG-002 Food & Drug Administration (FDA) study will focus on metastatic breast cancer.
Custodian REIT PLC (LON:CREI) has announced the acquisition of health and fitness centre in Lincoln, with agreed purchase price of £4.3mln. The UK property investment company has acquired a 77,242sq feet health and business centre, prominently located on the A46 within a leading mixed-use, out-of-town scheme.
Abzena plc (LON:ABZA) described the 12 months ended March as a year of transition. And while ambitious growth targets set out at the start of the period were missed, “significant investment and progress has been made to broaden and integrate the group's offering”, investors were told.
Emerging markets fund APQ Global PLC (LON:APQ) expects its portfolio to outperform the bigger G7 economies over the coming year. APQ increased book value by 4.6% to US$100mln or 128.11c per share over 2017. With a dividend of 5p, total returns were 9.9%.
Sound Energy PLC (LON:SOU) has received the final competent person’s report (CPR) for its A1 prospect at the Tendrara-Lakbir permit, Eastern Morocco.
Mkango Resources Ltd (LON:MKA) has commenced a major drilling programme at the Songwe Hills project in Malawi. The drilling is part of an ongoing feasibility study which is fully funded by partner Talaxis Ltd.
Victoria Oil & Gas plc (LON:VOG) has added 73% to proved gas reserves at Logbaba in Cameroon after adding new appraisal well data and reprocessed seismic. Proved and probable or 2P reserves rose 52% to 309bcf, with the production profile at Logbaba based on that number extended to ten years at 90mln cubic feet per day.
Ariana Resources plc (LON:AAU) booked a post-tax profit of £424,000 for the year to 31 December 2017, as the company’s Red Rabbit or Kiziltepe gold project came into production. The overall share of the profits due to Ariana from the joint venture that owns Kiziltepe amounted to a handsome £1.83mln, as the mine begins to hit its stride.
Shanta Gold Ltd (LON:SHG) has boosted the resource at its Singida gold project in Tanzania. The overall resource now rings in at 725,000 ounces of gold grading 1.84 grams, with the measured and indicated portion now standing at 381,000 ounces at 2.08 grams per tonne.
Junior explorer Chariot Oil and Gas Limited (LON:CHAR) expects to begin deepwater drilling at its Central Blocks licence offshore Namibia in the fourth quarter of this year. The AIM-quoted company has contracted the Ocean Rig Poseidon drillship to drill one firm well – Prospect S – and one optional well.
AfriTin Mining Limited (LON:ATM) has announced the appointment of Ino Invest as civil works contractor for the construction of Phase 1 civil works required at its Uis Tin Mine in Namibia. The AIM-listed tin miner said the contractor is a local, Namibian company specialising in construction and project management.
Highlands Natural Resources Plc (LON:HNR) has acquired a consolidated package of 2,490 acres of oil and gas leases to the west of Denver, Colorado where the company believes that up to 48 horizontal wells could be drilled.
Galileo Resources PLC (LON:GLR) has outlined a conceptual resource model for the Star zinc project in Zambia, held jointly with BMR. Under the conceptual model, the project looks to contain 485,000 tonnes of zinc at a 15.4% zinc. Further exploration is now getting underway.
Redx Pharma (LON:REDX), the drug discovery and development company focused on cancer and fibrosis, announces that, further to the announcement made on 24 April 2018, Lisa Anson assumed her new role as chief executive officer on 1 June 2018. It added that Iain Ross has reverted to the role of non-executive chairman.
Bacanora Lithium PLC (LON:BCN) shares jumped higher on Monday morning as the firm announced a five-year off-take contract extension with Hanwa Corporation of Japan, one of the largest battery chemical traders in Asia as it issued a positive update on the Sonora Lithium Project in Mexico.
Ali Mortazavi, the long-serving chief executive of Silence Therapeutics PLC (LON:SLN), is stepping down from his role with immediate effect. Mortazavi, who had been at the helm of the RNA therapeutics specialist for six years, will be replaced temporarily by the company’s chair, Annalisa Jenkins, until a permanent successor is found.
After achieving its first commercial production in 2017, Lekoil Ltd (LON:LEK) is focused on ramping up production at its Otakikpo oil field in Nigeria in the year ahead. Continuous production at Otakikpo began in the first quarter of last year, and Lekoil was producing 7,600 barrels of oil per day (bopd) at the field come the end of December.
United Oil & Gas Plc (LON:UOG) is still in talks to increase its interest in Corallian Energy’s licences in southern UK which include the highly prospective Colter discovery. London-listed United had option to purchase an additional 10% farmed interest in the licences, although that expired last Thursday (May 31).
Berkeley Energia Limited (LON:BKY) has said it is expected that admission to the London Stock Exchange’s (LSE) main market will be effective from Wednesday 6 June 2018 and the admission to the Spanish Stock Exchange will be from Thursday 7 June 2018. It added that trading in the company's shares on London’s AIM will be cancelled simultaneously on LSE admission.
NetScientific PLC (LON:NSCI), the transatlantic healthcare IP commercialisation group, announced that its portfolio company ProAxsis has been granted the Innovative Business of the Year award at the Business Eye First Trust Awards (BEFTAs) for small businesses in Northern Ireland.
Ferrum Crescent Limited (LON:FCR), the LSE, ASX, and JSE-listed European lead-zinc explorer, announced that trading in its ordinary shares will be temporarily suspended on AIM with effect from 7.30am London time on Monday 4 June 2018. The firm said this is due to the divergent treatment of processing changes to the group’s International Securities Identification Number (ISIN) arising from the change in the company's name to Europa Metals Limited, which was approved by shareholders at the general meeting held on 21 May 2018.