Keywords Studios PLC (LON:KWS) has once again hailed the performance of its recent acquisition after telling investors that it expects its full-year results to beat management and market expectations.
The video games services provider said a stronger-than-expected second half from Synthesis – which it bought back in April – was the main reason that revenues and adjusted profit before tax will be “significantly ahead” of current forecasts.
Tethys Petroleum Ltd’s (LON:TPL TSX:TPL) subsidiary in Kazakhstan has been raided in connection with its ongoing dispute with main shareholder Olisol.
Local arm TAG faces a criminal investigation, which Tethys claims was instigated by Alexander Abramov who up until 4 days ago was the AIM-listed group’s chairman.
Separately, Tethys said it has been approached by two investors, Sanjeev Kumar and Medgat Kumar, over a possible injection of US$1.4mln for a 9.9% stake with warrants.
Elsewhere, WideCells Group’s (LON:WDC) subsidiary CellPlan has signed a non-binding letter of intent to offer its stem cell treatment insurance to clients of the human tissue storage facility Biovault Technical.
Biovault has a register of over 25,000 customers which WideCells will have access to for an initial five year term.
In other news, Rambler Metals & Mining PLC's (LON:RMM, TSX:RAM) aim of being a long-term gold and copper producer has been boosted by the Canadian government, which has provided C$2 million to expand production at its Ming mine.
The money is interest free and repayable over eight years with the first payment scheduled for May, 2018.
Amryt Pharma PLC (LON:AMYT) has been granted orphan drug status in the US for a compound to AP102 to treat patients with the excess growth condition acromegaly.
US regulator, the Food and Drug Administration (FDA) , awards orphan status to diseases or disorders that affect fewer than 200,000 US citizens.
It may now only be a matter of months before Ascent Resources PLC (LON:AST) produces its first gas from the Petišovci project in Slovenia.
The company has just raised £4.5mln to complete the work programmes required to make it happen, and to pay off the balance of £870k due on a short term loan, which had been used to fund working capital over the last year or so prior to a court ruling that went the wrong way earlier this year.
Patagonia Gold plc (LON:PGD) intercepted gold in eight of the nine holes drilled at its Chamizo prospect in Uruguay, with five described as significant intercepts.
Best of the intercepts were a width of 15.5 metres with1.38 g/t gold and 16.2 metres at 1.72 g/t at depths to 150m.
Elsewhere, top level internet domain registry business Minds + Machines Group Ltd (LON:MMX) has passed a major milestone in its Chinese business.
The group said it has now performed more than half a million registrations in the People’s Republic for its .vip domain, which is not bad going, as it only went on sale in May of this year.
Sula Iron and Gold PLC (LON:SULA) welcomed the Sierra Leone government's decision to renew its exploration licence for up to five years.
The licence includes the firm's main 153 sq km Ferensola gold project, which lies within the country's northern province.
In other news, shares in Diamondcorp Plc (LON:DCP) moved up by more than 20% in early traded in London after the company said that it would now not be selling its major asset, the Lace diamond mine in South Africa.
The company has run into some difficulty over the past couple of months as delays in ramping up production at Lace stretched working capital to the limit.
And finally, mid-range hotels developer and manager Action Hotels PLC (LON:AHCG) has turned a profit on the sale of its undeveloped investment land at Sharq, in Kuwait.
It has agreed to sell the land to Action Real Estate Company for around US$14.6mln, trousering a profit of around US$2.2mln in the process, having purchased the asset for US$12.4mln in June 2014.