Wind turbine specialist Windar Photonics PLC (LON:WPHO) has continued its run of contract wins, adding to deals this week in india with seven more, including its first test project in Korea. The orders, for seven of its WindEYE™ LiDAR units, also includes a repeat order from a Canadian IPP customer, which together with the Korean deal are both for immediate delivery.
Mkango Resources Ltd (LON:MKA, CVE:MKA) said today it has received regulatory approval for its previously announced agreement to collaborate with commodity trader Noble Resources. It also said it has obtained regulatory approval for a £450,000 placing with existing shareholders and new institutional investors.
Bid target San Leon Energy PLC (LON:SLE) has been encouraged by progress on the OML 18 onshore project in Nigeria, in which it has a stake. The electric line operations at OML 18 have now acquired water saturation logs within a group of wells, and perforation of new producing intervals has commenced based upon that data, San Leon said.
AIM-listed Harvest Minerals Limited (LON:HMI) has reported positive results after the completion of its second air core drilling programme at the Maximus Prospect, part of its Arapua Fertilizer project in Brazil.
Fuel cell developer AFC Energy plc (LON:AFC) said the group’s “pace of progress this year has been relentless”, and it remains upbeat about the year ahead.
Wolf Minerals Limited (LON:WLFE) has issued just over half a million shares in lieu of fees. In all, 506,638 shares were issued in line with a company plan that allows it conserve cash by issuing shares to directors.
Finance house Yorkville has elected to convert a further portion of tranche 1 of the convertible loan facility it provides to ValiRx Plc (LON:VAL). Yorkville converted US$150,000 of tranche 1 convertible loan notes, plus accrued interest of US$15,840, into 2.39mln shares at a conversion price of 5.625p per share.