Electronic and physical security systems provider Newmark Security PLC (LON:NWT) is looking to step-up migration of customers from its legacy Janus system to Sateon, but admitted the current financial year is likely to be another tough one for the company.
Life sciences group Abzena plc (LON:ABZA) said it expects revenue for the second half of the financial year to be “substantially stronger” than the first after getting off to a sluggish start. In a trading update the company said first-half turnover had been below expectations and only marginally ahead of the figure posted for the same period last year.
It’s a good day – or possibly g’day – for ticketing and queue management specialist accesso Technology Group PLC (LON:ACSO), which has signed a deal down under with Australia's largest theme parks operator.
Touchstone Exploration is looking to drill a further four wells this year in Trinidad after a programme earlier this year boosted production by more than predicted. James Shipka, chief operating officer, said the four wells already drilled targeted slightly deeper horizons in established fields and the results exceeded internal expectations.
NetScientific PLC (LON:NSCI) said its portfolio company ProAxsis has today announced that it has appointed Diagenics Limited as the distributor for its ProteaseTag® Active Neutrophil Elastase Immunoassay in Great Britain and Ireland. The transatlantic healthcare IP commercialisation group appointment is expected to accelerate the commercial uptake of ProAxsis' technology, increasing near-term sales potential for ProAxsis.
Cyber-security firm Corero Network Security PLC (LON:CNS) has won one of its largest contract wins to date with a leading digital enterprise. The initial contract is for US$0.2mln, but the company expects this to rise to US$1.5mln over the next few quarters.
Drug developer Summit Therapeutics PLC (LON:SMMT) will effectively secure its financial future with a fully underwritten issue of stock that could bring in as much as US$20mln. The AIM-listed firm, which is also quoted on the NASDAQ exchange, is issuing 1.459mln new American depositary shares at US$12 each, bringing in a minimum of US$17.5mln.
Amur Minerals Corporation (LON:AMC) said today that drill results on the Kubuk deposit in Russia’s Far East confirmed that there is potential to substantially upgrade and increase the current Mineral Resource Estimate averaging 0.77% nickel and 0.20% copper.
Hurricane Energy PLC (LON:HUR) told investors that it has taken the final investment decision for the Lancaster early production system which is now on track for ‘first oil’ in the first half of next year.
Sound Energy PLC (LON:SOU) chief executive James Parsons has told investors that he is “hugely excited” about the company’s prospects over the coming years. The Sound boss’s comments come in the Morocco focused gas firm’s half yearly results statement, which was released on Thursday.
Anglo Pacific Group plc (LON:APF TSX:APY) has broadened its portfolio with the acquisition of a royalty on a nickel-cobalt mine in Brazil. Initially, the royalty specialist will pay Brazilian Nickel Limited US$2mln for a 1% gross revenue royalty (GRR) on the Piauí nickel–cobalt project in the north-east of the country.
Tethyan Resources PLC (LON:TETH) has released the results of new drill holes at the Rudnitza copper-gold prospect, in Serbia, where the explorer is unearthing what is described as “a very extensive mineralised system.”
Echo Energy Plc (LON:ECHO) has announced the appointment of Andres Brickman who will be the explorer’s new Bolivian Country Representative and Commercial Manager.
Aircraft leasing company Aviation PLC (LON:AVAP) has signed multiple long-term leases with two airlines for four aircraft.
Rambler Metals and Mining PLC (LON:RMM CVE:RAB) has seen an extension of its copper mineralisation at depth at the Ming mine in Newfoundland from the first hole in a surface drill programme. The aim of the hole was to test the depth of the Ming Massive Sulphide and Lower Footwall zones and Norman Williams, president and chief executive, said the results were very encouraging.
Wishbone Gold PLC (LON:WSBN) has told investors its joint venture in Honduras is ready to be brought on stream as soon as the weather in the Central American country picks up. Earlier this year, Wishbone inked a 30-year deal with SION Honduras, which has an agreement with the Honduran government to expand the mining industry there.
Lekoil Ltd (LON:LEK) has told investors that the Otakikpo field, in Nigeria, is now producing 7,000 barrels of oil per day and the ramp-up in volume is continuing.
Horizonte Minerals Plc (LON:HZM, CVE:HZM) has provided for the first time an estimate of the size of the nickel-cobalt limonite portion of Araguaia nickel laterite project in northern Brazil. It weighs in at a ‘measured and indicated’ 20.7mln tonnes grading 1.13% nickel and 0.12% cobalt, with the potential to produce 515mln pounds of nickel and 56mln pounds of cobalt.
Metal Tiger PLC (LON:MTR) has appointed Bangkok based Paragon Partners as its advisor with regard to the consideration and execution of attracting local project financing for its Thai Joint Venture in relation to the two silver-lead-zinc mines in Kanchanaburi Province.
Acal Plc (LON:ACL) has said it will be reclassified from the Support Services sector to the Electronic and Electrical Equipment sector, with effect from 18 September 2017, reflecting the successful transformation of the international supplier of customised electronics to industry over recent years.
Ferrum Crescent Limited (AIM: FCR) said today it had raised, in aggregate, approximately £193,304, before expenses, after completing the placing of 214,782,526 fully paid new ordinary shares at an issue price of 0.09 each, as announced on 8 September 2017. The lead-zinc exploration firm said the net proceeds from the placing will be used to undertake additional exploration and evaluation activities at the Toral and Lago lead-zinc exploration projects in northwest Spain, as well as for general working capital purposes.
Trading in shares in Range Resources Limited on AIM was cancelled with effect from today following its de-listing from the junior market.