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Proactive news snapshot: Taptica International, Powerhouse Energy, Haydale Graphene …

Published: 15:45 19 Jun 2018 BST

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Taptica International Limited (LON:TAP) saw its shares jump in early morning trading Tuesday as it said its underlying earnings (EBITDA) for the 2018 financial year would be moderately ahead of market expectations. The AIM-listed mobile advertiser said sales momentum from 2017 had continued into the current year in both its performance-based marketing and brand advertising businesses.

Powerhouse Energy Group PLC (LON:PHE)  has announced that its demonstration energy generation plant powers the Energy Centre at University of Chichester’s Thornton Science Park microgrid for the first time.   The AIM-listed firm said this is the first practical application of this leading-edge technology of taking waste plastic and converting it to clean electrical energy through PHE’s proprietary G3-UHt Distributed Modular Gasification (DMG) process.

Haydale Graphene Industries PLC  (LON:HAYD) has been paid £150,000 for fast-tracked pre-production trials of a graphene-enhanced composite material for an unnamed customer, It said today. Ray Gibbs, chief executive said: "This contract, fully funded by the customer, is a perfect example of the work Haydale is doing across a range of composite product applications.

Orosur Mining Inc (LON:OMI)(TSE:OMI) has appointed Bob Schafer as a non-executive director. He replaces Roger Davey, who is retiring. Schafer has nearly 40 years of experience in the mineral industry, working in the international sector with both major and junior mining companies. He is founder and managing director of Eagle Mines Management, a globally active private natural resources corporation.

Ethernity Networks Ltd (LON:ENET) hailed operational progress in its first year as a listed company but the company admitted its financial performance had disappointed The internet data handling specialist, which listed in June of last year, said that in keeping with the experience of its peers, it had taken longer than anticipated to land sales contracts as a result of which it had failed to meet expectations in terms of revenue and operation profit for 2017.

InnovaDerma PLC (LON:IDP) chairman Haris Chaudhry said the life sciences and beauty products group had delivered a strong revenue performance over the financial year just ending. But profits are likely to undershoot expectations thanks to significant one-off investments made in the final quarter, allied to stock availability issues for its Roots hair care range.

Strategic Minerals Plc (LON:SML) has completed a 65 hole aircore drilling programme at the Hanns Camp joint venture and at the Mt Weld tenement of the Central Australian Rare Earths project, both in Australia, A total of 3,863 metres was drilled At Hanns Camp, 25 holes totalling 1,290m were drilled, while at Mt Weld, 40 holes totalling 2,573 metres were drilled.

Alliance Pharma plc (LON:APH) is acquiring the Asia-Pacific marketing rights to medical anti-dandruff shampoo Nizoral for £60mln, funded using a mix of cash and debt. It is raising a net £32.1mln via a placing of stock with investors at 91 pence and will draw the rest down from its borrowing facility.

University technology incubator Frontier IP Group Plc (LON:FIPP) has taken a 24% stake in Cambridge Material Testing Solutions. CMTS is developing new software and hardware to measure the material characteristics of critical metal components, such as how hard or stiff they are and their remaining working life.

Alternative energy group Active Energy Group PLC (LON:AEG) said it is now focusing on more attractive markets after a year of restructuring in 2017. The group has now identified the regions in which it wishes to operate - primarily the USA, Canada and Europe – and has exited the low margin, high-risk Ukrainian wood fibre operations, leaving it to focus on its coal replacement biomass fuel, CoalSwitch, and its engineered soils derivative, PeatSwitch.

In results for the year to December 2017, Ormonde Mining Ltd (LON:ORM) booked a loss of just €100,000, as against a loss of €2.29mln in 2016. Cash in the bank at year end was just over €500,000. The reduction in losses comes as Ormonde continues with construction at the Barruecopardo tungsten project in Spain.

Cadence Minerals Plc has said a series of intensive desktop studies have now been completed for the lithium assets in San Luis Province, Argentina and the results look to be encouraging. The group added that net result is that out of the 55,773 hectares, the geology team have identified 10,049 hectares as high-priority areas for the next phase of the exploration programme.

Rose Petroleum PLC (LON:ROSE), the AIM quoted natural resources business, has announced the appointment of Cantor Fitzgerald Europe as its financial adviser and joint broker with immediate effect. It added that Allenby Capital will remain as the company's AIM nominated adviser and Turner Pope Investments remains as a joint broker.

Savannah Resources Plc (LON:SAV), the AIM quoted resource development company, announced that it has issued 3,051,190 new ordinary shares at exercise prices of 6p per share and 4.62p per share following an exercise of warrants and options.

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