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The Markets
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Proactive news round-up: Sirius Minerals , Seeing Machines, Greatland Gold...

A glance at some of the small cap stories on the Proactive newswire today

Sirius Minerals PLC (LON:SXX) said it enjoyed a “productive” three months as it updated on progress at the giant Woodsmith operation in North Yorkshire, host to a potash-type fertiliser called polyhalite.

It said mine enabling work is complete, site preparation is “well advanced” and construction of a diaphragm wall that sits at the head of the pit shaft will get underway in the third quarter.

Seeing Machines Ltd (LON:SEE), whose eye-tracking and facial recognition technology could be integral to the next generation of semi-autonomous cars, said its automotive business is unaffected by the bankruptcy of Takata.

It pointed out it works with the Japanese car parts supplier on a non-exclusive basis to deliver a driver monitoring system (DMS) and will maintain that relationship with the group or its successor.

Sunrise Resources Plc (LON:SRES) has taken advantage of a share price spike this week to raise £325,000 via a conditional placing of 325mln new ordinary shares at 0.1p each. The AIM-listed firm said the net proceeds of the placing - arranged by Beaufort Securities - will be applied to advance the company's CS Pozzolan-Perlite Project in Nevada and for general working capital purposes.

Greatland Gold plc (LON:GGP) saw its shares leap over 12% higher in afternoon trading after the company said a comprehensive ground gravity survey across a significant portion of the Ernest Giles gold project in Western Australia has “highlighted several additional targets conducive to gold mineralisation”.

Wood chip and boiler specialist Aggregated Micro Power Holdings plc (LON:AMPH) hailed a step change in the scale of the business as it swung into profit. After a string of acquisitions, revenues jumped to £19.7mln (£1.3mln), while the AIM-listed group also posted a profit of £930,000 (£7.7mln loss).

Westminster Group PLC (LON:WSG) saw its shares jump as the global security and services specialist said it is moving closer to finalising a long term airport contract in the Middle East, which is expected to lead to revenues of over £35mln a year.

Real Good Food PLC (LON:RGD) has launched a major upgrade of two of its plants to capitalise on rising demand for Yum Yums and cake decoration ranges. The icings and bakery specialist has raised £15.5mln through new loans and shares to fund the investment.

Shares in Sphere Medical Holding PLC (LON:SPHR) climbed smartly as its Proxima 4 criitcal care blood gas monitoring system can now work with electronics giant Philips' IntelliVue Patient Monitoring Systems.

Stem cell therapy specialist Reneuron PLC (LON:RENE) is making good progress on all of its clinical trial candidates and also in the lab, chief executive Olav Hellebo said today. "Our therapeutic development programmes have continued to progress well during the period, the highlight being positive Phase II data from the PISCES II clinical trial of our CTX cell therapy candidate for stroke disability.“

AFC Energy plc (LON:AFC) boss Adam Bond has told investors he is “extremely pleased” with the group’s strong technical progress. Specifically, AFC is working towards and is ‘on track’ for the unveiling of a commercially deployable fuel cell by the end of 2017.

Stobart Group Ltd (LON:STOB) has told investors that it is trading in line with its own expectations, as it prepares to hold its annual general meeting later today. The London-listed logistics group highlighted that it is on track for important milestones in key business areas – namely, it expects to hit a 2.5mln passenger target at London Southend Airport.

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