Computer game tournaments organiser Gfinity Plc (LON:GFIN) has entered a strategic partnership with MediaCom, one of the world's leading media agencies.
Gfinity and MediaCom Sport & Entertainment will work together to identify and develop innovative partnership opportunities for potential sponsors within the e-sports environment.
The partnership with MediaCom is expected to enable Gfinity to reel in sponsorship deals and publicise the Gfinity brand.
Elsewhere, Scancell Holdings Plc (LON:SCLP) has inked a US collaboration deal with a leading lung cancer foundation that will accelerate the development of a ground-breaking immuno-oncology drug.
It is teaming up with the Addario Lung Cancer Medical Institute (ALCMI) and the Bonnie J Addario Lung Cancer Foundation to take its SCIB2 cancer vaccine in phase I/II clinical trials.
ALCMI will assist Scancell with the design and development of the study, which is set to get underway in 2018 and complete around 18 months later.
Richland Resources Ltd (LON:RLD) enjoyed a strong finish to 2016, producing 840,000 carats of gemstones from its Capricorn sapphire mine in Queensland, Australia in the final three months of the year.
That figure is well ahead of the 800,000 carats Richland had been targeting for the quarter.
During the period, the group sold 857,000 carats of blue and fancy rough sapphires and corundum for US$535,000; an average price per carat of US$0.62.
In other news, online visual merchandising specialist ATTRAQT Group plc (LON:ATQT) has pulled off a real coup, acquiring ASOS account holder Fredhopper for £25mln.
Fredhopper, a division of SDL Plc (LON:SDL), is a cloud-based provider of onsite search, navigation, recommendation and visual merchandising solutions through a global software-as-a-service (SaaS) platform.
The size of the acquisition means it counts as a reverse takeover under Aim’s rules and, accordingly, trading in ATTRAQT has been suspended.
Shares in Vast Resources PLC (LON:VAST) shot up on Monday morning as it offloaded a chunk of its stakes in the Pickstone-Peerless and Giant gold mines.
SSCG Africa Holdings (SSA) is acquiring the interests in what is described as a strategic investment.
It will stump up US$4mln in cash for 49.99% of the company’s 50% interest in the Pickstone-Peerless gold mine and the Giant gold mine in Zimbabwe; in other words, Vast’s stake in these mines will reduce to 25%.
Elsewhere, LGO Energy PLC (LON:LGO) has learned that its application in Spain to extend the La Lora concession, host to the Ayoluengo field, has been denied and as such its production rights will expire at the end of this month.
The company, which suspended operations at Ayoluengo earlier this month, said it has been working for four years to secure a 20-year extension to the concession and would now plan to submit an application for a new concession covering the Ayoluengo field.
Ariana Resources plc (LON:AAU) has unearthed another potential mineable gold deposit from additional exploration at the Red Rabbit prospect in Turkey.
The gold junior is set to start production soon at Kiziltepe and has been exploring possible satellite deposits in nearby areas.
This latest find was at Banu and comprised a 125m vein with a best intercept of 1m at 7.95g/t.
And finally, Challenger Acquisitions Limited (LON:CHAL) is selling its interest in the engineering group Starneth in a deal worth up to US$6mln.
The buyer is a company controlled by Chiel Smits, Starneth’s chief executive.