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Proactive news snapshot: Mkango Resources, Live Company, INTOSOL Holdings …

A glance at some of the day's highlights from the Proactive Investors newswire
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Mkango Resources Ltd (LON:MKA), the exploration and development company focused on Malawi, has filed a NI 43-101 technical report for its Songwe Hill Rare Earths Project. The report relates to the resource update announced last month.

LIVE Company Group PLC (LON:LVCG) has inked a license agreement to hold its BRICKLIVE shows at the PALEXPO convention centre in Geneva, Switzerland.

INTOSOL Holdings PLC (LON:INTO) has continued its expansion in South Africa, signing a five-year management contract which will see it add SOUL on the Heads, a luxury six-suite operating hotel located in Knysna on the Garden Route to its SOUL Private Collection of owned and managed boutique hotels.

Sure Ventures PLC’s (LON:SURE) investment fund, Suir Valley Ventures, has backed the launch of an augmented reality (AR) mobile game being developed by game company WarDucks.

AI-driven procurement technology firm Maistro PLC (LON:MAIS) earned almost as much revenue in the fourth quarter of 2018 as it did in the whole of 2017.

Rockfire Resources PLC (LON:ROCK) told investors it has discovered high grade copper in samples at the Copper Dome Porphyry project in Central Queensland. The explorer, in a statement, revealed that rock sampling saw highlight grades up to 23.4% copper, as well as 3.2 grams per tonne gold and 952 grams per tonne silver.

SDX Energy Inc (LON:SDX, CVE:SDX) revealed a step up in revenue generation in the fourth quarter and full year. At the same time it told investors that it is looking forward to another exciting year in 2019. Fourth quarter revenue US$13.8mln, compared to US$11mln in the same period last year, meanwhile, for the twelve months ended 31 December the company generated US$53.7mln up from US$39.2mln in 2017. 

Solo Oil PLC’s (LON:SOLO) management has set out its stall, revealing plans to acquire its way to 5,000 barrels of production per day. Gas assets in Tanzania - stakes Ruvuma and Kiliwani North -are still deemed ‘core’ to the business, but, the intention is to acquire new projects and become an operator, not just an investor in other company’s project

i3 Energy PLC (LON:i3E) is cracking on with the Liberator project, today announcing that it has inked contracts for a site survey. The North Sea field developer has hired Gardline Limited for the work which will be a precursor to the planned 2019 and 2020 drill programmes and also the construction of pipeline infrastructure.

Amur Minerals Corporation (LON:AMC) has extended the maturity date on its US$10mln convertible loan facility with Riverfort Global and YA II PN until March 2020. Some US$1.2mln has utilised already with a further US$500,000 now to be drawn down.

Connemara Mining Company PLC (LON:CON) has changed its name to Arkle Resources PLC to reflect its growing spread of activities across Ireland.

Seeing Machines Limited (LON:SEE) has announced that, further to the announcement of a conditional placing and subscription to raise gross proceeds of £27.5mln made on 20 March 2019, certain members of its board and senior management team have subsequently entered into subscription agreements to conditionally purchase a total of 8,941,667 new ordinary shares at a price of 3p each, raising a further £268,250 for the company.

Alba Mineral Resources PLC (LON:ALBA) announced that its executive chairman, George Frangeskides, has subscribed for a total of 8,333,333 shares in the company, and non-executive director Michael Nott has subscribed for a total of 6,666,667 shares in the company, each at a subscription price of 0.30p per share, being a premium of 27.7% above the closing mid-market price on 21 March 2019 of 2.35p.

Ceres Power Holdings PLC (LON:CWR), a world-leading developer of low cost, next generation steel fuel cell technology, has announced the appointment of Investec Bank as its nominated adviser and joint corporate broker with immediate effect, alongside its existing joint corporate broker, Berenberg.

Grit Real Estate Income Group Limited (LON:GR1T) announced that shareholders that several South African, Mauritian and international investors and analysts will be visiting the company's assets in Mauritius today. It said that during the visit, a presentation will be made available to delegates regarding the property portfolio, as well as on the economic dynamics and risk profile of the country and region.

WideCells Group PLC (LON:WDC) announced that it has received  further notices of exercise from European High Growth Opportunities Securitization Fund in respect of the exercise of its conversion rights under the convertible bonds for the aggregate principal amount of £210,000, together with aggregate penalty payments of £315,000, resulting in the issue of 210,000,000 new ordinary shares to the investor.


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