Tertiary Minerals plc (LON:TYM) has given a major boost to its three fluorspar projects through a strategic tie-up with global commodities group Possehl. Germany-based, Possehl is part of Cremer, a commodities business with annual turnover of more than €3bn.
Challenger Acquisitions Ltd (LON:CHAL) remains tremendously confident that stalled construction of the New York Wheel will recommence in the short-term.
Futura Medical PLC (LON:FUM) said it has begun recruitment for a pharmacokinetic study of its lead product, MED2002, which is a prelude to starting phase III trials of the breakthrough gel for erectile dysfunction. Data from 40 men will determine the doses used in the final-stage clinical assessment MED2002, which will kick off as “soon as practicable” after the current programme.
The Marketing Group PLC (NASDAQ:MRKGF) has acquired German ‘influencer’ and social media specialist Wildcard. Adam Graham, TMG’s chief executive, said the purchase marked the end of a period of restructuring for the global agency.
Rory Curran, currently a non-executive director of StatPro Group PLC (LON:SOG), has now succeeded Carl Bacon as chairman of the technology firm. Bacon's decision to step down as chairman and retire from the board of the cloud-based portfolio analysis platform provider was announced on 4 April.
The presentations to investors made by life assurance and pension policies manager Chesnara Plc (LON:CSN) on Tuesday has injected some zip into the share price. The shares, which had almost doubled over a period of five years, have come off the top this month but were up 3.2% at 365p this morning after what house broker Shore Capital described as a “highly effective and very worthwhile Capital Markets Day”.
Asiamet Resources Limited (LON:ARS, CVE:ARS) said its confidence in the BKM copper project in Indonesia has been boosted by the latest drilling results.
Bushveld Minerals Limited (LON:BMN) hailed the timing of its acquisition of South African vanadium miner Vametco. “The timing of the completion could not have been better, occurring during a time of significant increases in the vanadium price contributing to a marked improvement in Vametco's profitability and cash generation,” said Fortune Mojapelo, chief executive.
Ortac Resources Ltd (LON:OTC) said it had intercepted more gold from two holes drilled at the Akyanga gold deposit, part of the Casa Gold Project, in the Democratic Republic of the Congo. MSDD0115 was the stand-out: it found the yellow metal at decent grades from 98.4 metres and then from 110.6 metres. There was an 8.7-metre section at 3.9 grams per tonne, including 2.8 metres at 10.62 grams. This was followed by a thicker section – 27.5 metres at 2.86 grams. Big Pic in September.
Strategic Minerals Plc (LON:SML) said it has been informed that its managing director, John Peters acquired a total of 500,000 ordinary shares in the company at a price of 1.8915p per share on 28 November 2017. Following this acquisition, Peters has a beneficial interest in 20,500,000 ordinary shares, representing a 1.55% holding in the company's issued share capital.
Highlands Natural Resources Plc (LON:HNR) announced that Melvyn Davies, the company's Finance Director, today exercised 100,000 warrants at a price of 10p per warrant. Following the warrant exercise, it said Davies' interest in Highlands' ordinary shares has increased from 200,000 to 300,000 ordinary shares, or 0.26% of the company's total voting rights.
Eco (Atlantic) Oil & Gas Ltd. (LON: ECO) (TSX-V:EOG) has announced the appointment of Keith Hill as a non-executive director of the company with immediate effect, following the subscription and strategic alliance agreement with Africa Oil Corp, announced on 13 November.
Capital Networks has issued a research report on staffing firm Robert Walters PLC (LON:RWA) examining some of the drivers which underpin its “sustained organic growth trend”. Analyst Ed Stacey concluded: “We believe that the growth dynamics which have driven the share price in recent years will continue over the coming years.”
Capital Networks has issued a research report on Empresaria Group plc (LON:EMR) following the support services firm’s recent trading update. Analyst Ed Stacey concluded: “Looking at the 5 year share price chart, there have been two big dips – H2 2014, and H1 2016. These proved to be good buying opportunities, and we argue that the current share price weakness should encourage investors to take a closer look at Empresaria.”
Capital Networks has issued a research report on Gamma Communications PLC (LON:GAMMA) with analyst Ed Stacey noting that the shares currently trade on an EV/EBITDA multiple of 11 times 2018 estimates. He argues that this is an attractive valuation given the company’s “unique market position and strong growth trajectory”.