Mosman Oil and Gas Ltd (AIM:MSMN) told investors it has lodged its Environmental Management Plan for the EP 145 project in Australia and, subject to approval, awaits certification required for a seismic exploration programme later in 2024.
Separately, the company noted that the company’s proposed farm-in partner Greenvale has now received a stamp duty assessment and paid the amount due, satisfying one of the conditions of the agreement entered into back in October.
Gibraltar-based technology group Valereum PLC (AQSE:VLRM, OTC:VBLXF) has resumed engagement with Vinay Gupta, founder and chief executive of Mattereum, following Valereum’s recent acquisition of the GSX Group.
Valereum first agreed to acquire GSX Group, a leading Gibraltar-based fintech company, in December 2023 in a bid it expand its capabilities in tokenised digital markets.
Valereum and Mattereum are planning to explore several opportunities and synergies between the two companies, with the aim of “revolutionising technology markets”.
Liberum, the boutique investment bank, has reiterated its 'buy' recommendation and 131p a share price target for Futura Medical PLC (AIM:FUM, OTC:FAMDF) after the sexual health products specialist announced that it had extended its licensing deal with Cooper Consumer Health for an additional two years.
This extension allows Cooper exclusive rights to commercialise Eroxon, Futura's erectile dysfunction (ED) gel, in the European Economic Area (EEA), the United Kingdom and Switzerland until 2029.
Ilika PLC (AIM:IKA, OTCQX:ILIKF), the solid-state battery manufacturer, has confirmed it will be attending several MedTech and EV conferences over the first half of 2024.
Management will be hoping to speak with leaders of both industry peers and prospective business partners at the upcoming events.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) expects to increase production in 2024 by at least 10% after hitting its target of 85,000 gold ounces in the year just ended.
Output from the company’s flagship operation at Segilola in Nigeria was affected by lower grades and recoveries earlier in the year.
Iofina PLC (AIM:IOF, OTC:IOFNF), a specialist in producing iodine from the brine extracted during oil production, reported a significant increase in output during the fourth quarter of 2023.
Production rose by 16% year over year to 160.9 metric tonnes (MT), marking a robust end to the year. This uptick came as the IO#9 plant began operating at an improved rate, but also as the spot price of the element softened by around 5%.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said it has restarted mining at the Gedabek mine in Azerbaijan, with flotation operations to resume in the second quarter of this year.
Production was halted during Autumn 2023 due to an environmental audit at its operations with an action plan agreed with the government in November.
Futura Medical PLC (AIM:FUM, OTC:FAMDF), a specialist in sexual health products, has extended its exclusive licensing agreement with distributor Cooper Consumer Health.
Effective until January 2029, the new agreement grants Cooper exclusive rights to commercialise Eroxon, Futura's gel-based erectile dysfunction (ED) treatment, in the European Economic Area, the United Kingdom and Switzerland. The original deal, signed in May 2022, was set to run for an initial five-year period.