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Proactive news snapshot: Live Company, Metal Tiger, Shanta Gold …

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

Live Company Group Plc (LON:LVCG) has said its BRICKLIVE Christmas show will launch in Monaco in December this year. The AIM-listed media group said its subsidiary, Brick Live International Limited (BLI), had signed a licence agreement with Grimaldi Forum Monaco (GFM) to stage and promote the BRICKLIVE Christmas show at the Grimaldi Forum in the principality between 22 December 2018 and 6 January 2019.

Kalahari Metals, a privately-held company in which Metal Tiger Ltd. (LON:MTR) has recently invested, has begun exploration for copper and silver in Botswana.

Shanta Gold Ltd (LON:SHG) has met its cost reduction target three months ahead of schedule. The East Africa-focused gold producer has shaved an annualised US$7.2mln from costs by renegotiating contracts with suppliers and by eliminating non-essential general and administrative spending.

Stobart Group Ltd (LON:STOB) intends to make a proposal for former chief executive Andrew Tinkler's 7.7% shareholding as soon as practicable, the Southend Airport owner said today. The company said it has been already been approached by one party interested in making an investment. Big Pic in April.

Communication and information technology services provider AdEPT Telecom plc (LON:ADT) enjoyed another period of strong growth in the year to the end of March, delivering its 15th consecutive year of growth in underlying earnings.

Eckoh PLC (LON:ECK), the global provider of secure payment products and customer contact solutions, has won a contract worth at least £1.4mln with Capita Customer Management.

ITM Power plc (LON:ITM) revealed, after Monday’s close, that it has agreed a new strategic partnership agreement with Sumitomo Corporation. It sees the potential development of multi-megawatt projects in Japan, based exclusively on ITM Power's electrolyser products.

Drug developer Summit Therapeutics PLC (LON:SUMM, NASDAQ:SMMT) has been awarded a US$4.5mln grant from CARB-X to develop its antibiotic compounds for gonorrhoea. CARB-X is a public-private partnership devoted to accelerating early antibiotic research and development.

Collagen Solutions PLC (LON:COS) boss Jamal Rushdy has told investors that the company is in a stronger position after what was a difficult year for the regenerative med-tech group.

Keywords Studios PLC (LON:KWS) has announced it has made a number of key appointments within its leadership team to strengthen the business, further drive integration and support its continued growth path.

An upswing in exploration for minerals in West Africa provided good momentum for Capital Drilling PLC (LON:CAPD) in the latest half-year. Revenues at the drilling contractor rose to US$27.8mln in the quarter to June, a 4.5% increase on the previous quarter though 9.4% lower than a year ago.

Shefa Yamim (A.T.M.) Ltd (LON:SEFA) has reported “encouraging” results from the first bulk sample collected at the Kishon Mid-Reach Zone 2 site. The Israel-focused precious stone explorer said the BS-1230 bulk sample, the first of five collected at the end of 2017 to determine a potential resource, was dominated by gemstones at 99%.

Chaarat Gold Holdings Ltd (LON:CGH) has to date drilled approximately 6,000 metres of the planned 30,000 metre 2018 drilling programme.  Eight drill rigs are currently in operation on site. Already, the company has confirmed that gold mineralisation continues further along strike northeast of the existing one million ounce resource.

Telit Communications Plc (LON:TCM) said it would vigorously defend itself should a civil claim be made against the company regarding its involvement with Bartolini After Market Electronic Services (BAMES) by BAMES's administrators.

discoverIE Group PLC (LON:DSCV) announced that it is convening an extraordinary general meeting to be held on 26 July 2018 at which a resolution of special business will be proposed which will, if passed, will resolve the technical non-compliance issue that has been identified with respect to distributable reserves of the group's holding company, which it referred to its full-year results published on 5 June.

Trading activity on i-Deal Corp’s platform i-Dx has surged more than 100% since widening its reach in January, the company has revealed. i-Dx, which was established as a brokerage-free platform for listed companies and investors, now has more than 2,000 diverse users.

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