88 Energy Limited (LON:88E) told investors it has completed its assessment of Project Icewine’s conventional oil potential and it now sees almost 1.5bn barrels of resources across its inventory on Alaska’s North Slope.
Iofina PLC (LON:IOF) returned to “more normalised” levels of production in the latter part of last month following lower than expected output in November and early December.
Metals explorer Ariana Resources plc (LON:AAU) has raised £900,000 in an oversubscribed placing as it looks to advance its other projects away from its flagship Kiziltepe gold mine in Turkey.
South African-focused diamond miner Diamondcorp Plc (LON:DCP) is to raise £1mln through a placing as a first step in pulling its Lace mine out of Business Rescue.
Condor Gold PLC (LON:CNR) non-executive Jim Mellon has more than doubled his stake in the Nicaraguan gold group to 5.4% after splashing out around £810,000.
Upland Resources Ltd (LON:UPL) shares gained on Friday as it told investors that UK regulator, Oil and Gas Authority (OGA), has approved the company’s deal to acquire a stake in the Hardstoft project.
Snoozebox Holdings PLC (LON:ZZZ) has announced it will provide a 240-room pop-up hotel for the Isle of Man TT. This will be fourth time the company has been asked to provide the accommodation for the world famous motorcycle race.
XP Power Ltd (LON:XPP) expects to post 2016 results in line with forecasts after it saw a "strong finish" to the year. The critical power control components firm said revenue for the final three months of the year was £37.1mln, up from the £27.8mln recorded in the same period a year earlier, and the £32.3mln seen in the third quarter of 2016.
Challenger bank Secure Trust Bank PLC (LON:STB) has raised the alarm about the UK's unsecured personal loan (UPL) market. Despite forecasts of slower economic growth, unemployment rising from an 11 year low and higher inflation, some lenders are now offering medium term UPL at record low interest rate margins, STB said.
Avation PLC (LON: AVAP), the commercial passenger aircraft leasing firm said today that its future dividends will be paid in US Dollars. It added that shareholders who prefer to receive dividends in sterling will be given an option to elect to receive payments in the UK currency.