Premier African Minerals Limited (LON:PREM) has completed 21 holes of drilling on the Zulu lithium project in Zimbabwe. Three holes have delivered multiple high grade intercepts, with further assay results pending.
Drug developer Ergomed Plc (LON:ERGO) has told investors that it has successfully completed the phase II clinical trial of its PeproStat blood thickening agent. The AIM-listed company said the coagulant met the primary endpoint over standard of care (SOC) in time to haemostasis – i.e. it stopped the flow of blood quicker than current treatments – with “statistical significance” in all surgery types tested.
ANGLE PLC’s (LON:AGL) Parsortix liquid biopsy system has successfully harvested disseminated tumour cells from bone marrow in a study of breast cancer patients in Germany.
PCG Entertainment Plc (LON:PCGE) saw its shares jump over 20% higher in afternoon trading after the AIM-listed firm announced the appointment of Robert McDowall to its board of directors with immediate effect The group noted that McDowall has over forty years' experience in the banking, securities and investment business, with companies including Merrill Lynch, Pru-Bache and Singer and Friedlander.
Satellite Solutions Worldwide Group PLC (LON:SAT) has completed the fixed wireless broadband project in Sør-Trøndelag, Norway, ahead of schedule.
Brave Bison Group PLC (LON:BBSN) said the English Football League (EFL) has signed it up for a further two years to work on EFL the Digital network.
TechFinancials (LON:TECH), a technology provider to financial trading brokers, is to provide funding to CEDEX, an organisation launching a Blockchain-based online exchange for diamonds.
Tlou Energy Limited (LON:TLOU) shares traded positively on Monday following the release of the group’s quarterly operational report. The company highlighted that during the period a mining licence was granted over the company’s project area, and it submitted a gas-to-power proposal to the government of Botswana.
Speciality pharma business Clinigen Group PLC (LON:CLIN) has taken another step towards becoming the ‘go to’ global supplier of unlicensed medicines. The company has snapped up International Medical Management Corporation – Japan’s largest supplier of unlicensed medicines – for an undisclosed sum.
PowerHouse Energy Group PLC (LON:PHE) has received independent confirmation that the syngas produced from its ultra-high temperature waste-to-energy system can be cleaned up into almost pure hydrogen.
Real Good Food PLC (LON:RGD) has warned turning the business around will take longer than expected. Good sales growth recently has not translated into better profits said the cake decoration and bakery group.
Cancer treatment group Nanobiotix (EPA:NANO) has completed the recruitment of patients for its Phase II/III trial of NBTXR3 in soft tissue sarcoma. The last patients are expected to start their treatment in two to three weeks with results from the trial scheduled for the first half of 2018.
Eland Oil & Gas PLC (LON:ELA) has completed its latest drilling operation at the Opuama field, in Niger, where a side-track to the Opuama-7 well has unearthed a total of 77 feet of good quality net oil pay. It has perforated some 60 feet of pay in the side-track and the well is now being hooked up for production, which will start imminently.
Having secured shareholder approval at a general meeting on 20 October, Bushveld Minerals Limited (LON:BMN) will spin out its tin assets into a new vehicle called AfriTin, which will list on Aim via an IPO. The plan is to raise £2mln in a placing of shares. AfriTin will be London's only pure-play tin company.
KEFI Minerals plc (LON:KEFI) has been awarded an exploration concession in the wider area around its Tulu Kapi gold project in Ethiopia, once development work at Tulu Kapi gets underway. KEFI's chairman Harry Anagnostaras-Adams said the area was highly prospective.
Ariana Resources plc (LON:AAU) produced 3,762 ounces of gold and just under 16,000 ounces of silver in the quarter to the end of September, taking total production to date to 5,691 ounces of gold and 30,504 ounces of silver. Gross income for the quarter was US$5.50mln.
Jubilee Platinum PLC (LON:JLP) has unveiled a new joint venture tie-up with BMR Group in which the partners will target the recovery of lead, zinc and vanadium at the Kabwe project in Zambia. A joint venture agreement sees the partners pool their resources to ‘bring the project to account’, with the companies aiming to deliver commercial production of lead and zinc in 2018.
Shares in African Potash (AQSE:AFPO) are set to resume trading on the NEX shortly, after the company released its audited annual report and accounts for the year to 30 June 2017.
The Marketing Group PLC (NASDAQOMX:TMG) today announced that Belinda Wearne is joining one of its subsidiary agencies, Channelzero, as General Manager. The group said Wearne brings with her a wealth of expertise having held senior positions at consultancies including Sibling Agency, Ogilvy Australia and Euro RSCG.
Capital Networks has issued a research note on GeneDrive PLC (LON:GDR) following the AIM-listed firm’s recent full year results. Analyst Riccardo Lowi concluded that, over the next 6-12 months, he expects Genedrive to report significant business progress, particularly related to the launch of its HCV test in several African markets, reassessment of the commercial strategy for Genedrive’s MTB test in India, and the potential divestment of its Services business.