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The Markets
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The Markets
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Proactive news snapshot: Greatland Gold, Galantas Gold, Bushveld Minerals, Seeing Machines

A look at some of the day's highlights from the Proactive Investors newswire

Greatland Gold PLC (LON:GGP) says global mining giant Newmont is currently evaluating exploration data gathered from its Ernest Giles project in Australia in the past six months. An announcement of the results is expected within a few weeks.

A subsidiary of Bushveld Minerals Limited (LON:BMN), Lemur Resources, has appointed key contractors to manage and oversee a bankable feasibility study for the Imaloto coal and power project in Madagascar.

Galantas Gold Corp (LON:GAL) has announced third quarter financial results. The company booked a loss of just over C$1.4 mln during the nine months to end September, and finished the quarter with just over C$700,000 in the bank. However, a fundraising announced earlier this week could add as much as C$1.4 mln to the company's coffers, enabling it to press ahead with development of the Omagh gold mine in Northern Ireland.

Seeing Machines Limited (LON:SEE), the technology firm whose eye-tracking software is used in semi-autonomous vehicles, expects demand for its Driver Safety System (DSS) to pick up as the mining sector continues to recover. DSS boxes, found in giant trucks that transport ore around large open-cast sites, are used to measure the alertness of the driver.

African Potash Ltd (LON:AFPO) aims to raise £400,000 to set up an blockchain-based payment system for its fertiliser distribution business.A review of its strategy and corporate branding in Africa is also underway to assess how the use of blockchain will change its supply chain and eVoucher scheme.

Pizza franchise owner DP Poland (LON:DPP) has opened its fiftieth store in the country, an event hailed as a major milestone by chief executive Peter Shaw.The first store opened in Warsaw in 2011 but DPP now has outlets in 21 cities.

Highlands Natural Resources PLC (LON:HNR) told investors it has raised £3.339mln of new capital through a share subscription. It is issuing 11.3mln new shares priced at 30p each to a single investor.

BOS GLOBAL Holdings Limited (LON:BOS) has received notification from its primary funding provider, Innovation Corporation Limited, requiring the company to grant a security interest under the terms of the deed of loan and convertible note. Innovation is seeking the security interest in respect of the unconverted balance of its loan and the balance of the loan to be provided to the end of the term under the note.

Ebiquity plc (LON:EBQ) announced it has issued 600,000 ordinary shares of 25p each in the capital of the company as deferred consideration for the acquisition of Stratigent LLC in August 2013.

OptiBiotix Health PLC (LON: OPTI) has received a notification for the exercise of warrants over 538,159 ordinary shares in the company at an exercise price of 8p per share, providing proceeds of £43,052.

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