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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Investments and investor services

Gfinity pulls away fast from the grid

Ferrum Crescent jumps on news that drilling is about to kick off and Gfinity gets a turbo-boost from a hook-up with Microsoft.

Shareholders in Ferrum Crescent Limited (LON:FCR) were over the moon this morning as the share price jumped 7.4% on drilling news.

The company has signed a drilling contract for its Toral lead-zinc project in Spain.

The company said preparation of the drill sites is already in progress and mobilisation of the rig to site should take place this month.

READ: Ferrum Crescent surges after signing drilling contract for Toral

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Another one quick off the starting grid today was Gfinity Plc (LON:GFIN), the electronic sports – that’s one lot of computer gamers watching a more, highly skilled group of computer gamers – specialist.

Shares raced 9.6% higher to 21.1p as the company announced it would provide the platform that will host and broadcast Microsoft’s Forza Racing Championship on the Xbox gaming system.

READ: Gfinity and Microsoft partner to host Forza Racing Championship

Prize money is not exactly up there with Formula One but at US$100,000 for sitting on your backside having fun, it’s not to be sniffed at either.

Proactive news highlights

Drug research specialist Ergomed Plc (LON:ERGO) has told investors that the boss of its PrimeVigilance subsidiary, Neil Clark, is stepping down from his position.

After eight years with the company, Clark will vacate his post on Monday (16 April) to become chief executive at Destiny Pharma.

One of Advanced Oncotherapy PLC’s (LON:AVO) non-executive directors has pumped £27,500 of his own cash into the proton therapy specialist.

In a show of confidence, Enrico Vanni snapped up 100,000 shares at 27.5p a piece on Wednesday, meaning he now owns 1.4% of the company’s shares.

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