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The Markets
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The Markets
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Proactive news snapshot: Sunrise Resources, Stratex International, Shanta Gold...

Some of the day's headlines on the Proactive Investors newswire

Sunrise Resources gave investors an update on its findings at the CS Pozzolan-Perlite Project in Nevada, United States, as it confirmed the completion of a drill programme on schedule. The programme, which was expand to 9 holes (from 5), encountered thick intervals of perlite-pozzolan, the company said in a statement. Big Pic in March.

Stratex International plc’s (LON:STI) interim results statement charts a period of transformation for the AIM-quote mine developer – one in which it sold its cornerstone asset and agreed to acquire a Brazil-focused business with a large gold resource. The disposal of Stratex’s 45% share of the Altıntepe Gold Mine, in Turkey, netted £6mln and resulted in a book gain of £2.9mln. It also left the business with just under £6.1mln on the balance sheet. Big pic in November 2015! (Aussie?)

Toby Bradbury, Shanta Gold’s (LON:SHG) chief executive, is to leave the company following recent changes to the regulatory regime for miners in Tanzania. Eric Zurrin, currently chief financial officer, will take over as CEO and the focus going forward will be on cost control, Shanta said. Big Pic in May.

Sound Energy PLC (LON:SOU) told investors that it has had the award of a new Morocco project rubber stamped by the authorities. In a stock market statement the gas explorer said that it has received formal final approval for the Matarka licence. Big Pic in July

Continuity of the gold intercepts at the Sanama Hill target at Ferensola in Sierra Leone has been confirmed by its latest drilling, said Sula Iron & Gold PLC (LON:SULA). The first three assays from the latest 14-hole campaign indicated the mineralisation extends along strike and down dip up to a depth of 300m and also remains open-ended. Big Pic in February.

SEC SpA is to take a significant equity stake in sector peer Porta Communications PLC (LON:PTCM) after pumping £3mln into the company. The public relations company has also entered into a commercial collaboration agreement with Porta. Big Pic needs updating.

Satellite Solutions Worldwide Group PLC has welcomed French President Emmanuel Macron’s recent announcement that although his government wants to accelerate the roll out of universal high-speed broadband coverage "It is impossible to keep the promise of fibre in to all households in France. SSW’s CEO Andrew Walwyn said the government's announcement should help "underpin our French business". Big Pic in March.

Continuing its strategy of industry partnerships, Lombard Risk Management plc (LON:LRM) is to work with collateral trading platform operator Elixium on an integrated offering for repurchase agreements. Big Pic in April.

Marketing and media analytics specialist Ebiquity plc (LON:EBQ) is on track to hit full-year market expectations after a solid first half performance. Total revenues for the six months to 30 June grew by 5%, with Ebiquity adding it remains confident in hitting its operating profits and earnings targets for the rest of the year. Big Pic in March.

Be Heard Group PLC (LON:BHRD), the digital marketing services group, has delivered Vodafone Labs, a microsite launched by Vodafone UK. Big Pic in December.

Empyrean Energy PLC (LON:EME) boss Tom Kelly told investors it is an exciting time for the company, as it confirmed that drilling is now underway on the Dempsey 1-15 exploration well.

The well in California’s Sacramento Basin is targeting a possible 1 trn cubic feet of gas resources.

Drug maker Summit Therapeutics PLC (LON:SUMM) will present a corporate overview at the Canaccord Genuity Growth Conference on 9 August in Boston, US.

Mining company Ortac Resources Ltd (LON:OTC) said it has launched a new corporate website with improved cross platform functionality that is easier to navigate.

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