Mosman Oil and Gas Ltd (AIM:MSMN), the oil exploration, development, and production company, has provided an update on the Cinnabar-1 well in Tyler County, Texas.
The company noted that the Cinnabar well was drilled in October 2022 and is now in the process of being completed and placed on production.
Helium One Global has increased the size of an ongoing fundraise to approximately £9.9mln due to what it said was significant demand for the share issue.
Last night, the junior said it wanted to raise a minimum of £7mln but added today that it had upped the amount due to the strong interest.
Genflow Biosciences PLC (LSE:GENF), a biotech company developing gene therapies targeting the ageing process, has filed a new patent application with the US Patent and Trademark Office.
It relates to variants of Sirtuin-6, and the gene variant's therapeutic uses for the treatment of non-alcoholic fatty liver disease and non-alcoholic steatohepatitis.
Poolbeg Pharma PLC (AIM:POLB, OTCQB:POLBF) said it has exclusively licensed specialist microencapsulation or nanoencapsulation developed by a company called InsuCaps to orally deliver its glucagon-like peptide 1 receptor (GLP-1) drug.
"[We] saw the potential for microencapsulation and nanoencapsulation oral delivery technologies in vaccines, and this has been further validated by the grant from the Irish Government's Disruptive Technologies Innovation Fund," said Poolbeg chief executive Jeremy Skillington in a statement.
Iofina PLC (AIM:IOF, OTC:IOFNF), a producer of iodine and manufacturer of specialty chemical products, said Iofina Chemical Inc (IC), its Kentucky, US-based specialty chemicals division, has been awarded ISO certification.
IC underwent a thorough evaluation process of its quality management system to achieve the internationally recognised standard, said AIM-traded Iofina PLC (AIM:IOF, OTC:IOFNF).
Barryroe Offshore Energy PLC (AIM:BEY), an Irish based energy company, announced that chief financial officer Simon Brett has resigned, effective 28 February 2023. A statement said the board will finalise its succession planning over the coming weeks. Read more
Mosman Oil and Gas Ltd (AIM:MSMN) has provided an update in respect to the Cinnabar-1 well in Tyler County, Texas. The Cinnabar well was drilled in October 2022 and is now in the process of being completed and placed on production. Read more
ATOME Energy PLC (AIM:ATOM) successfully raised gross proceeds of £0.55mln through the issue of 517,891 new ordinary shares at the placing price of 106.2p each. Read more
Avation PLC (LSE:AVAP) has appointed Mark Shelton as a non-executive director of the company with immediate effect. Read more
CMC Markets PLC (LSE:CMCX) said Claire Francis will join the board as a non-executive director with effect from 19 December. Read more
Oncimmune Holdings PLC (AIM:ONC) has raised £2.1mln from new and existing investors, which will be used to retire a proportion of the company's existing debt facility. Read more
Benchmark Holdings PLC (AIM:BMK) successfully placed 35,189,350 on new shares, raising gross proceeds of approximately NOK158mln (£13mln). Read more