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Morning news wrap: Bunzl, Metals Exploration, Gulf Keystone Petroleum, Aurelian Oil & Gas

15th Mar 2010, 8:03 am Morning news wrap: Bunzl, Metals Exploration, Gulf Keystone Petroleum, Aurelian Oil & Gas

Distribution and outsourcing group Bunzl (LSE: BNZL) has acquired Weita Holding AG and its subsidiaries from Mr Christoph Huber. Weita, which is based near Basel and operates from three locations, is a supplier of cleaning and hygiene, foodservice, retail, healthcare and safety consumable products to both end users and redistributors throughout Switzerland.

In AIM, Philippines focused Metals Exploration (AIM: MTL) has been awarded the Environmental Compliance Certificate (ECC) for the Runruno Gold-Molybdenum Project on the island of Luzon in the northern Philippines.

Iraq and Algeria operating Gulf Keystone Petroleum (AIM: GKP) has completed a fully subscribed placing of 20.9 million new common shares of US$0.01 at a placing price of 76.5 pence per share raising gross proceeds of approximately £16 million.

IP commercialisation company Amphion Innovations (AIM: AMP) said partner company Kromek raised £12.3 million in the second close of the oversubscribed Series D financing.

Eastern Europe focused junior Aurelian Oil & Gas (AIM: AUL) has appointed John Conlin as Chairman.

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