blur Group PLC (LON:BLUR) will be fully funded for the next two years after brining in a further £1.2mln – cash that will allow it to enact its turnaround strategy. Brokers have launched an accelerated share placing at 4p, which comes with a warrant attached to subscribe for a further two shares at 6p each in the next year.
PowerHouse Energy Group PLC (LON:PHE) told investors it has entered into a deal with Qatar based consulting firm Energy & Environment Holding (EEH) which could ultimately lead to the AIM-quoted group providing its technology for fuelling in time for the 2022 FIFA World Cup.
Ticketing and queue management leader accesso Technology Group PLC (LON:ACSO) is on course to achieve its aims in 2017 after an in-line first half.
Tlou Energy Limited (LON:TLOU) told investors that it has submitted a response to the Botswana government’s Request for Proposal (RFP) regarding a proposed coal bed methane project. The company, in a statement, highlighted that its proposal was submitted as planned, prior to the September 20 deadline, and it was accepted by the ministry.
Online merchandising specialist ATTRAQT Group plc (LON:ATQT) said the planned cost savings from the integration of Fredhopper have been delivered.
Alusid, one of the portfolio companies of intellectual property commercialisation specialist Frontier IP Group Plc (LON:FIPP), has extended its Silicastone product range.
Gfinity Plc has confirmed the launch of the Gfinity Elite Series season two, commencing on October 6, which will be broadcast live from the Gfinity Esports Arena in London, with season one having gained total viewership of in excess of three million. The company expects to build on those numbers for season two.
Greatland Gold plc (LON:GGP) has raised £750,000 to fund the ongoing exploration of its assets in Australia. The junior has six licences (four in Western Australia and two in Tasmania) including Ernest Giles, Paterson and the recently acquired Panorama in WA where sampling for gold and cobalt has just started. Shares in the placing were issued at 0.45p with a one-for-one warrant attached that exercises at 0.7p within two years.
John Morton, former chief executive officer of European Wealth Group Limited (LON:EWG) is to leave the group. Marianne Ismail has been confirmed as the chief executive officer of the company, having last week been given the role on an interim basis while Morton look a leave of absence.
Back office optimisation specialist eg solutions PLC (LON:EGS), which is set to be taken over, looks to be signing off on a high. For its interim results show a business in rude health.
Healthcare marketing specialist Cello Group plc (CLL) said it was confident of meeting full-year market expectations after a solid first half. The Cello Health unit led the way as it grew organically and via the acquisition of Defined Health for £15mln in February, which cements its focus on the US.
W Resources PLC (LON:WRES) has received a two-year extension to its Tarouca tungsten project in Portugal. The licence will now expire on 23 March 2019. During this period, W Resources expects to complete a 15 hole/1,500m reverse circulation drilling campaign.
Premier African Minerals Limited (LON:PREM) has agreed the disposal of its Mozambique forestry interests but will retain a stake in a limestone deposit in the country.
South African gold miner Pan African Resources plc (LON:PAF) expects a better twelve months ahead after a number of operational challenges cut profits in the year just ended. “Remedial actions successfully implemented by management are delivering the expected results,” said chief executive Cobus Loots.
Drug discovery group ValiRx Plc (LON:VAL) said the clinical trial of its potential prostate cancer drug was ongoing. Responding to speculation on phase I/II study it said it “looks forward to updating the market in due course”. The shares were down 6%.
Tidal power generator Atlantis Resources PLC (LON:ARL) expects to complete the first phase of its MeyGen project in the Pentland Firth in October, when all four of its seabed turbines will be in operation. Tim Cornelius, chief executive, said after refurbishment the final turbine will be reinstalled at MeyGen in the coming weeks, which will mark the transition into full operations.
Savannah Petroleum PLC (LON:SAVP) is looking forward to the start of drilling operations, as soon as its shares are readmitted to trading in London. The AIM-quoted share is on pause as it works through the regulatory admin related to its proposed reverse acquisition of Nigerian oil and gas assets.
Stratex International plc (LON:STI) shares started Wednesday on the back-foot after the gold group responded to a move to block its proposed merger by former directors. In May, the company agreed a US$31.1mln reverse takeover deal to acquire Crusader Resources - a junior miner with two projects in Brazil – with the new shareholders set to own around 81% of the enlarged company.
Green Dragon Gas Ltd (LON:GDG) told investors that state-backed China National Offshore Oil Corporation (CNOOC) is accelerating its plans for the group’s joint assets.
i-Deal Corp, the financial platform pitched as a dating site for companies and would-be investors, has unveiled Shard Capital Partners LLP as another user of its i-Dx platform.