Empresaria Group plc (LON:EMR) told shareholders at its AGM it had made a solid start to the year, delivering year on year growth in net fee income for the first quarter of 2017 across all four of its regions.
“The investments made in 2016 in Rishworth Aviation and ConSol Partners are performing well and we are pleased with their integration into the Group,” said Tony Martin, chairman.
The group remains on course to meet market expectations for the full year."
ECR Minerals PLC (LON:ECR) has a further £50,000 from Shenyang Xinliaoan Machinery bringing the non-refundable deposit received from the Chinese firm to £200,000 in aggregate.
88 Energy Limited (LON:88E, ASX:88E) said its eagerly-awaited Icewine-2 well, on Alaska’s North Slope, is on track for production testing late next month or early July as it gave a progress report.
Spudded April 24, the drill bit reached 2,978 feet by 8.33pm on April 27, marking the completion of the surface hole.
Life sciences firm OptiBiotix Health plc (LON:OPTI) has had an abstract accepted for presentation at next month's International Scientific Conference on Probiotics and Prebiotics.
The med-tech specialist ANGLE PLC (LON:AGL OTCQX:ANPCY) is making “good progress against key milestones”, according to the company’s chief executive Andrew Newland. His comments came alongside a business update following the close of the financial year on April 30.
IP specialist Tekcapital PLC (LON:TEK) will no longer own a majority stake in Belluscura following a private placement that will raise up to US$1.7mln for the med-tech business. Belluscura will use the cash for its own commercial plans that may include a separate listing later this year.
Rose Petroleum PLC (LON:ROSE) confirmed it has received further cash from the Mexican tax authority, Servicio de Administración Tributaria (SAT). The junior oil and gas firm today updated investors on its ongoing process to recover value-added tax owed by the Mexican authorities. It received the equivalent of US$167,500 (MX$3.16mln) in April, bringing the total payments since March to US$486,000.
LGO Energy PLC (LON:LGO) highlighted the handover and restart of the Bonasse field on the South West Peninsula, in Trinidad, as it updated on its operations on the Caribbean island. The company, via its subsidiary Leni Trinidad Limited (LTL), holds interests in more than 10,000 acres of prospective but underexplored acreage on the peninsula, including interests in the Icacos and Bonasse field.
Life sciences firm OptiBiotix Health plc (LON:OPTI) has had an abstract accepted for presentation at next month's International Scientific Conference on Probiotics and Prebiotics. Taking place in Budapest, Hungary, from 20 June to 22 June, the conference is the world's largest scientific gathering of the movers and shakers in the field of probiotics (micro-organisms that are believed to provide health benefits when consumed) and prebiotics (substances that induce the growth or activity of micro-organisms).
Premier African Minerals Limited (LON:PREM) expects shortly to make a first shipment of wolframite concentrate from its RHA mine in Zimbabwe. Wolframite is the source ore for tungsten and the ramp-up of the processing plant is going well said George Roach, chief executive, while the X-ray machine installed to sort the ore is working ahead of expectations.
Action Hotels PLC (LON:AHCG) has told investors that Novotel has been chosen as the brand partner for a new hotel at the Melbourne Convention and Exhibition Centre. Novotel Melbourne South Wharf, due to be completed in early 2018, will be the second largest site in the Action Hotels portfolio – with 347 rooms (30 more than originally announced).
Shanta Gold PLC (LON:SHG) has published a substantial maiden resource estimate for Nkuluwisi, one of the satellite deposits that surrounds its New Luika gold mine in Tanzania. At a 0.5g/t cut-off, Nkuluwisi holds total resources of 3.97mln ore tonnes, which at a grade of 1.1 grammes per tonne (g/t) equates to 140,894 ounces of gold.