Sound Energy PLC (LON:SOU) said Tuesday it had signed a contract securing the drill rig for its next big exploration well – Badile in northern Italy.
The equipment, owned by a company called Pergemine, is already in the country. It will be mobilised in January, allowing work to begin in the first quarter.
A particularly strong second half of the year for Satellite Solutions Worldwide Group PLC (LON:SAT) will help it to beat expectations in its current financial year, the broadband specialist said on Tuesday.
Back in its half-year report, Satellite told investors that it was on track to hit the expected numbers, but it has hailed the impact of its acquisitions as well as the overall performance of its existing business since then.
The success of its clinical trial for lead candidate VAL201 in prostate cancer means the study is to be expanded, biotech ValiRx Plc (LON:VAL) said today.
The number of patients will be lifted and new study centres included, the firm told investors in a fourth quarter update on progress.
Advanced Oncotherapy PLC’s (LON:AVO) non-executive director Dr Enrico Vanni has upped his stake in the cancer treatment specialist after investing a further £48,500 of his own money.
Things are finally heading in the right direction at Philippines-focused gold miner Metal Exploration plc (LON:MTL), which has made its first gold sale from the Runruno mine.
Gold doré was produced during commissioning activities and refined.
Hard on the heels of the success enjoyed in Turkey at the high-grade Hot Maden gold project, Mariana Resources (LON:MARL, TSE:MRY) has begun a modest drill programme on a second asset in the country.
It is the Ergama copper-gold property in Balikesir Province. Its potential is being assessed by sinking initial seven-holes.
Secure payments group Eckoh PLC (LON:ECK) saw revenues surge in its latest half year driven by the US, which is expected soon to become its largest market.
Revenues climbed by 57% to £13.5mln in the six months to 30 September, with the US operation chipping in £4mln from almost nothing.
Acal Plc (LON:ACL), the supplier of customised electronics, found a way to grow first half earnings, despite a difficult market environment.
Underlying profit before in the six months to the end of September rose 7% to £7.3mln from £6.8mln in the corresponding period of last year.
Ergomed Plc (LON:ERGO) has unveiled an earnings enhancing bolt-on to its pharma services business that will cost it up to £6.8mln.
It is acquiring PharmInvent Services for an initial £4.8mln with 80% of the sum paid in cash and the remainder in equity.