Mosman Oil and Gas Ltd (AIM:MSMN) told investors that the Cinnabar-1 well has now flowed oil and gas and that the well is currently being completed and placed on production.
The company, in a statement, said the Cinnabar well has been completed and perforated in the upper Wilcox zone - encountered between 9,050 to 9,110 feet - and it initially flowed both oil and gas.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has announced that it will pay a quarterly dividend of 14 US cents per share, to be paid on 27 January 2023.
The gold miner, in a brief statement, noted that the ex-dividend date will be 11 January and the record date will be 13 January. Shareholders with a registered address in the United Kingdom will be paid in sterling.
CentralNic Group PLC (AIM:CNIC) has confirmed the start of its maiden share buyback programme, which launched this morning.
Under the previously announced programme, the software and internet services firm intends to purchase some £4mln worth of its own shares through open market transactions.
OKYO Pharma Ltd (LSE:OKYO, NASDAQ:OKYO) has released its interim results for the six months ended 30 September 2022, a period in which its primary focus was on the development of its Dry Eye Disease (DED) drug, OK-101.
The biopharmaceutical company, in a statement, highlighted that during the six-month reporting period it completed various stages of development for OK-101 - including the formulation of the drug and initial stability studies, the development of bioanalytical methods to support the clinical program, and the manufacture of cGMP OK-101 for clinical trials.
Powerhouse Energy Group PLC (AIM:PHE) has announced the appointment of Antony Royston Gardner-Hillman as the company’s new non-executive chair, effective 1 January 2023.
At the same time, the company also appoints Anthony Clive Gale and David John Hitchcock as non-executive directors of the company.
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) has provided further data from its production testing in Alaska where the Alkaid-2 well appears to be performing well whilst still undergoing constraints of its ‘clean up’ phase.
The explorer, in a statement, noted that the lateral section of the Alkaid well remained partially blocked with around 1,000 feet of frac sand still in the well which has restricted test rates from that section and has demanded a more conservative testing protocol.
Bens Creek Group PLC (AIM:BEN, OTC:BENCF) reported in a statement to the market that non-executive chair Robin Fryer, on 29 December 2022, acquired 150,000 options over ordinary shares in the company from a former US-based employee at a price of 16.5p per option (the current price of an ordinary share is 24.35p). In the event that Fryer exercises the options he will pay 5p for each new share. He now holds 300,000 share options.
Mineral & Financial Investments Ltd (AIM:MAFL) told investors it has now posted to shareholders its report and accounts for the period ended 30 June 2022. The documents will also be made available via the company’s website.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) in a short statement detailed changes to the terms of existing share options, held by the estate of the company's founder and former chief executive, Vincent Mascolo, who passed away earlier this year. The expiry of the options has been extended to 18 August 2023 from the prior date of 31 December 2022.
Advanced Oncotherapy PLC (AIM:AVO) non executive director Michael Bradfield bought 500,000 shares in the company, on 29 December 2022, paying an average price of 13.165p per share. It increases his shareholding to 8.3mln shares, or 1.55% of the company.