Braveheart Investment Group PLC (LON:BRH) has banked a profit of £271,000 after completing of the sale of its stakes in headset lighting group mLed.
The investment group sold its 1.25% direct stake and the 3.75% owned by 89% subsidiary Strathclyde Innovation Fund.
In the books for £96,000 and sold for £367,000, the disposal was flagged originally in August.
In other news, Rosslyn Data Technologies PLC (LON:RDT) continues to see good take-up of its Cloud-based data analytics platform and reported a 37% increase in revenues in its year to end April.
The 'Big Data' group listed on AIM in April 2014 and said it had seen encouraging revenue growth since year end and expects to meet its goal to reach organic cash generation and profitability in the current financial year.
Over at Scancell Holdings Plc (LON:SCLP), developer of drugs that use the body’s immune system to tackle cancer, it said it continued to look at “funding options” to take more of its discoveries into the clinic.
Having recently raised £6.2mln it has ample resources to finance the current programme as it prepares to trial its flagship SCIB1 drug in combination with a checkpoint inhibitor.
Elsewhere, Harvest Minerals Limited (LON:HMI, ASX:HMI) has appointed a principal contractor to start preparations for mining at its Brazil phosphate project.
DK Transportes, Demolição e Locação Eireli, or simply Eireli, will carry out two phases of work at the Maximus property in Minas Gerais state.
Meanwhile, Nickel development group Horizonte Minerals Plc (LON:HZM, TSE:HZM) said Simon Retter will become the new chief financial officer, a non-board role, with immediate effect.
He replaces the current company secretary and finance chief Jeffrey Karoly, who is stepping down to pursue new opportunities.
Over at boiler controls specialist Sabien Technology Group Plc (LON:SNT) it has raised £750,000 to fund expansion of its new sales strategy.
The placing, at 4p per share, will enable the installation of 40 M2G pilot projects in 2017 compared to 35 this year.
Kibo Mining PLC (LON:KIBO) has pulled in one of the biggest names in world engineering to help construct the thermal power plant at its Mbeya project in Tanzania.
US giant General Electric has signed a memorandum of understanding to supply equipment, technology and its help to bring the project to a financial close.
And finally, Intercede Group PLC’s (LON:ICP) had its target price slashed by house broker finncap after the identity software specialist warned trading in the current year had started slowly.
Shares tumbled as Intercede added there had been further delays in the receipt of anticipated orders for its key MyID product.