Proactive Investors - Run By Investors For Investors

Proactive news snapshot: EQTEC, Sound Energy, Sativa Investments...

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

EQTEC Plc (AIM: EQT) shares shot up in Wednesday’s early deals after announcing an agreement to develop the Billingham waste-to-energy project in county Durham.

UK medicinal cannabis firm Sativa Investments PLC (NEX:SATI) has decided to allow an option over a farm in Wilshire to grow its own produce to lapse in July. The company also announced that it plans to change its name to Sativa Group alongside an amended strategy.

Sound Energy PLC (LON:SOU) has told investors that the initial phase of TE-10 well testing is now largely complete.

MaxCyte Inc (LON:MXCT) has started dosing the second cohort of patients in the phase I clinical trial of its MCY-M11 cancer immunotherapy.

Healthcare-focused consultancy Cello Health PLC (LON:CLL) is confident its second quarter will continue the “very good” start made to 2019.

BigDish PLC (LON:DISH) is aiming to launch its restaurant booking platform in four more towns and cities by the end of May, having already gone live in Exeter and Basingstoke at the start of the month.

Argo Blockchain PLC (LON:ARB) shares surged on Wednesday after it forecast breakeven earnings (EBITDA) in the second half of the year and brought new units online to boost its cryptocurrency mining capacity.

Circassia Pharmaceuticals PLC (LON:CIR) said findings from a recent clinical trial of one of its key drugs will appear in a prestigious scientific publication.

Tower Resources PLC (LON:TRP) has chosen to put back the start date of the planned NJOM3 well, at the Thali block in Cameroon.

Telit Communications PLC (LON:TCM) has settled its VAT dispute with the Italian authorities for the 2004-2007 tax years.

AfriTin Mining Limited (LON:ATM) has signed a deal with Namibia Power over grid electricity for the pilot plant at the Uis tin mine.

ReNeuron Group PLC (LON:RENE) revealed it is in a strong financial position as it heads into a pivotal 18 months both clinically and commercially.

Mosman Oil And Gas Ltd (LON:MSMN) shares rose in Wednesday’s early deals after announcing a farm-out deal for the Champion project, in east Texas, with  ASX-listed Xstate Resources Limited (ASX:XST).

April was a record month for sales and production from the Hellyer Mine in Tasmania, reported NQ Minerals PLC (LON:NQMI).

Plexus Holdings PLC (LON:POS) said the High Court of Justice in England and Wales has confirmed the cancellation of the company's share premium account, allowing for the reduction of capital.

Kodal Minerals PLC (LON:KOD) has appointed Mark Pensabene, the general manager of Mineral Resources Ltd, as an independent non-executive director.

Shield Therapeutics PLC (LON: STX) has appointed finnCap Ltd as its joint broker with immediate effect.

Sareum Holdings PLC’s (LON:SAR) licence partner Sierra Oncology is currently analysing preliminary data from two ongoing phase 1 and 2 clinical trials evaluating SRA737 monotherapy and SRA737+LDG combination therapy for the treatment of cancer. Sierra expects to report on these studies and potential next steps at the 2019 American Society of Clinical Oncology (ASCO) meeting on June 1.

Kibo Energy PLC (LON:KIBO) said its 65%-owned Benga power plant project is advancing well ahead of its development schedule. It has presented a definitive feasibility study on the project to Mozmabique’s ministry of energy and state-owned electric utility, Electricidade de Mocambique (EDM).

ECR Minerals PLC (LON:ECR) told investors on Wednesday that drilling at the Creswick gold project in Victoria, Australia, has identified more extensive quartz than expected.

The company completed 1,687m of reverse circulation drilling in 17 holes at the project targeting multiple quartz vein orientations within the Dimocks Main Shale (DMS).

BB Healthcare Trust PLC (LON:BBH) said it is to issue  £2.1mln worth of its ordinary shares. Some 1.5mln ordinary shares will be issued at a price of 136.2p each, a premium to the prevailing net asset value per share.

© 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