Proactive Investors - Run By Investors For Investors

Proactive news snapshot: Newmark Security, Mosman Oil And Gas, Be Heard Group …

A glance at some of the day's highlights from the Proactive Investors newswire
Your daily round-up from the world of Proactive

Newmark Security PLC (LON:NWT) said its wholly-owned subsidiary Safetell Limited has received a formal contract extension for the supply of physical security equipment and preventative maintenance to the UK branch network of a leading worldwide supplier of retail banking services.

Mosman Oil And Gas Ltd (LON:MSMN)  has reported reserves for the Welch permian basin project, in Texas. Proved reserves (1P) amounted to 234,000 barrels gross for the field - it comprises 109,000 barrels classified as being ‘Proved Developed Producing’ or PDP reserves, while the field is also seen to have 102,000 barrels of proved un-developed reserves.

Be Heard Group PLC (LON:BHRD), the digital marketing services group, has seen business momentum pick up after some existing clients were slow out of the blocks in the first quarter.

Echo Energy Plc (LON:ECHO) said it exported its first cargo of oil produced at the Fraccion C and Fraccion D projects on 14 April 2018. The AIM-listed oil and gas company said its share of oil production in the first quarter of 2018 from the two sites was around 25,000 barrels, with a final realised sale price based on the average Brent crude price (currently US$71.6 per barrel) for the 5 days following cargo loading with a US$6 discount per barrel.

Greatland Gold plc (LON:GGP) shares rose on Tuesday as the precious and base metals explorer said it has commenced the first drilling campaign at its 100%-owned Havieron licence in the Paterson region of Western Australia.

Eland Oil & Gas PLC (LON:ELA) told investors it has restarted drilling at the Opuama-9 well, while also providing a reserves update for the whole Opuama field and releasing a financial results statement.

Immunotherapy specialist Scancell Holdings Plc (LONSCLP) has unveiled plans to raise up to £8mln – cash that will be used develop its three main drug candidates. A placing and subscription at 12 pence a share will account for £6mln of the total. The company also wants to include existing investors, so is planning a £2mln open offer of stock once the placing has been concluded.

PowerHouse Energy Group Plc (LON:PHE) has announced a new equity issue, raising £900,000 of capital to support ongoing commercial development of its energy systems. The company has issued 180mln new shares through an oversubscribed placing and direct subscription, priced at 0.5p.

Life sciences group OptiBiotix Health plc (LON:OPTI) is taking its heart health products into Pakistan after signing an exclusive five-year distribution agreement with Trigen Pharma.

Base Resources Limited (LON:BSE) has told investors that its production guidance remains unchanged as it released its quarterly activities report. The mineral sands producer, for the full year, expects to unearth 88,000 to 84,000 tonnes of rutile, 450,000 to 480,000 tonnes of ilmenite, and 35,000 to 40,000 tonnes of zircon.

Symphony Environmental Technologies plc (LON:SYM) said a YouGov survey commissioned by the company has revealed that 86% of UK adults would be happy to use ox-biodegradable plastic instead of their usual plastic.

Iofina plc (LON:IOF) maintained iodine production in its latest quarter even with exceptionally bad US winter and less plants in operation. The Oklahoma-based group extracts iodine from brine produced by onshore oil wells.

Jubilee Metals Group PLC (LON:JLP) said it has executed a processing agreement with Northam Platinum subsidiary Eland Platinum. The AIM-listed miner said the agreement involves Northam funding the refurbishment of its platinum recovery circuit, including an existing recovery plant, to which Jubilee would begin transporting platinum rich material for processing from June 2018.

Medical centres and doctors’ surgeries owner Primary Health Properties PLC (LON:PHP) has raised £115mln - £15mln more than it set out to. Primary originally set out to raise £100mln to help it add to its portfolio of healthcare centres but managed to exceed that target after strong support from both new and existing investors.

Providence Resources PLC (LON:PVR) has told investors that its Total-led joint venture will continue to advance the Avalon exploration project, in the Atlantic waters off Ireland’s west coast. The explorer, in a statement, said that the partners have elected to apply to the Irish authorities to convert Licence Option 16/27, which hosts Avalon, into a Frontier Exploration Licence (FEL).

Active Energy PLC (LON:AEG), the London quoted international biomass based renewable energy and forestry management business, announced that it will be presenting at the EarthX Conference in Dallas, USA, between 20th and 22nd April 2018 EarthX is the world's largest annual exhibition and conference dedicated to the discussion of environmental issues and innovative solutions.

Kore Potash PLC (LON:KP2), the potash exploration and development company whose flagship asset is the Kola Project, located within the Company's 97%-owned Sintoukola Potash Project in the Republic of Congo, advised that 6,691,226 unlisted options exercisable at A$0.33 each expired unexercised on 15 April 2018. It said 183,600 of these unlisted options was held by Leonard Math, a non-executive director of the company.

88 Energy Limited (LON:88E) (ASX:88E) confirmed that the company's April 2018 corporate presentation is now available on the 88 Energy website.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use