On a fully packed news day, Oilex (LON:OEX) told investors that Autoridade Nacional do Petroleo (ANP), Timor-Leste’s national petroleum authority, has issued a notice of intent to terminate the JPDA 06-103 production sharing contract.
Meanwhile, Aminex (LON:AEX) and Solo Oil (LON:SOLO) have revealed that an independent assessment has identified a potential 4.7 trillion cubic feet (tcf) of gas within the Ruvuma project, onshore Tanzania.
Elsewhere, Rose Petroleum (LON:ROSE) has told investors it is considering a share placing to raise between £3mln and £5mln to pay for drilling and exploration work.
Savannah Petroleum (LON:SAVP) told investors it has identified 14 drill ready exploration prospects in Niger.
88 Energy (LON:88E) has been encouraged by recent drilling reports on the same slope as its Icewine project in Alaska.
To miners and Regency Mines (LON:RGM) is set for work to kick off again at the Jebel Abyad phospate block in Sudan as it advances the project towards drill testing.
A new resource estimate for the Sonora lithium project in Mexico has more than doubled the contained metal amount, Rare Earth Minerals (LON:REM) told investors .
IronRidge Resources (LON:IRR) has hired well known mining consultants SRK for early stage exploration on its Gabon projects.
Members of North York Moors Planning Authority will decide the fate of Sirius Minerals’ (LON:SXX) York Potash project after a planning report left its recommendation ‘open’.
DiamondCorp (LON:DCP), the Southern African diamond development and exploration company , said a warrant holder plans to exercise 5mln warrants at 9p a throw.
Copper explorer SolGold (LON:SOLG) has taken the unusual step of thanking shareholders who back a recent cash call at above the market price.
Higher graphite grades at StratMin Resources’ (LON:STGR) Loharano mine will lift the whole project’s profitability, according to managing director Manoli Yannaghas.
Providence Resources (LON:PVR) revealed it is narrowing its focus at the Polaris exploration prospect.
Meanwhile, ECR Minerals (LON:ECR) is contemplating a collaboration with Esperanza Resources that could satisfy the gold processing needs of its SLM project in Argentina.
Away from mining, Silence Therapeutics (LON:SLN) is channelling its effort and financial resources into achieving “definitive success” with its lead drug candidate for use treating pancreatic cancer.
In an update, the life sciences firm said it believes higher and more frequent dosing “warrants investigation” ahead of a full phase II clinical study in patients with the terminal disease.
Sticking with life sciences, ValiRx (LON:VAL) said its ValiSeek joint venture with Tangent Reprofiling has begun the process of taking its drug candidate for cancer into full-blown clinical trials and later that it had received notice that a US patent covering the composition of its cancer treatment VAL401 had been granted.
Elsewhere, Horizon Discovery (LON:HZD) has added former UBS investment banker Grahame Cook onto its board.
Robotic exoskeleton maker Rex Bionics (LON: RXB), which helps wheelchair users to walk upright, will be attending the 4th ISCoS and ASIA joint Scientific Meeting in Montreal, Canada on May 14 to 16 for the first exhibition of REX in Canada, it said.
The team will also showcase its use in Robot Assisted Physiotherapy (RAP).
Meanwhile, Akers Biosciences’ (LON:AKR) first quarter revenues were knocked by the decision of the French government not to go ahead with a requirement for drivers to carry breathalysers.
Nanobiotix (EPO:NANO) generated revenues of €47,000 in the three months to March as it received another pro-rota payment from Taiwan-based PharmaEngine under a licensing contract signed for lead product NBTXR3 in 2013.
In other news, Instem (LON:INS), which supplies software used by firms carrying out early stage clinical trials, has announced it has landed three orders for its ALPHADAS product suite worth around £1.4mln.
The proposed funding could enable a programme for up to six wells in the Mancos shale play, in Utah.
Specialist engineering group Hayward Tyler(LON:HAYT) has secured an additional after-market order for the Indian thermal power generation market.
Finally, Tungsten Corporation (LON:TUNG), the electronic invoicing and financing company, said performance topped expectations in the second half of its financial year