IXICO PLC (AIM:IXI, OTC:PHYOF) told investors it has been selected by a leading global pharmaceutical company, and new client, to provide MRI imaging services for an early phase clinical trial in Multiple System Atrophy.
The company, in a statement, said it had signed a start-up agreement with the client and it is anticipated to extend to a contract value of approximately £0.6mln early in 2023.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is set to be the recipient of an additional US$1mln of grant funding, as it signed an amended cooperation agreement as part of a research project backed by the US government.
The company has previously received US$2.1mln of grant funding supporting operations on the tate 16-2 well in 2020 and 2021, and, it has continued to work closely with researchers from Utah's Energy & Geoscience Institute and the Utah Geological Survey.
BATM Advanced Communications Ltd (LSE:BVC) extended the deadline for its capital raising, moving out to Tuesday 13 December, to allow management to update shareholders on the company's recent progress and to provide additional time to participate in the placing.
Cloudbreak Discovery PLC (LSE:CDL) announced the appointment of Oberon Capital as the company's sole broker with immediate effect.
Oncimmune Holdings PLC (AIM:ONC) has announced that the closing of its capital raising announced on at 2.00pm on 7 December 2022, has now been extended to 4.30pm on Tuesday 13 December. This extension has been made to allow management to update shareholders on the company's recent progress and to provide additional time to participate in the placing. Admission of the capital raising shares is now expected to become effective, and dealings in such shares to commence, at 8.00am on Friday 16 December 2022.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) has said it will issue sustainability-linked senior loan notes worth R800mln (US$46.4mln) following an oversubscribed bookbuild. Cobus Loots, chief executive, commented: “We are delighted to be the first mining company to issue a sustainability-linked bond in the South African market. These instruments will further diversify our funding sources, with the proceeds of the issuance applied towards Pan African’s attractive growth project pipeline.”