Summit Therapeutics PLC (NASDAQ:SMMT, LON:SUMM) has farmed out the rights in Latin America to its in-development ridinilazole treatment for CDI. It has entered into an exclusive licence and commercialisation agreement granting Eurofarma Laboratórios SA rights in Latin America, while retaining commercialisation rights in all other countries.
ImmuPharma PLC (LON:IMM) has confirmed that the last patient has completed dosing within the 52-week, randomised, double-blinded, Phase III clinical trial of Lupuzor™, its lead programme for the potential breakthrough compound for Lupus, the life threatening auto-immune disease. The specialist drug discovery and development company said 200 patients have been successfully recruited and dosed, with top line results remaining on track to be reported in the first quarter of 2018.
Cyber-security specialist Corero Network Security PLC (LON:CNS) had some mixed news for shareholders, with record order intake in the fourth quarter but a warning that full-year revenues would be hit by implementation delays at a couple of customers.
Bloomsbury Publishing PLC (LON:BMY) is looking for a new group finance director following news that Wendy Pallot has informed the board of her intention to resign from the position to join FTSE 250 listed Euromoney Institutional Investor PLC (LON:ERM). The AIM listed firm said Pallot will remain in her post at the Harry Potter books publisher for the duration of her 12 month notice period “to ensure a smooth and orderly handover”.
Shares in FairFX Group Plc (LON:FFX) jumped early on Thursday afternoon after the e-banking and international payments firm was granted full Mastercard membership status. This gives FairFX a licence to issue Mastercard branded cards, initially across Europe but with other regions set to follow.
Hummingbird Resources PLC (LON:HUM) said it has poured first gold at the Yanfolila Gold Mine in southern Mali from the carbon-in-leach (CIL) circuit on time and on budget. The company will now turn its focus to completing commissioning and ramping up to commercial production. It is targeting 130,000 ounces of gold in the first full year of operations.
Gfinity Plc (LON:GFIN) has announced that leading French esports franchise and current reigning EA SPORTS™ FIFA Ultimate Team World Champions, Team Vitality, will join the highly popular Gfinity Elite Series for season three, which is due to commence in March 2018. Big Pic in December.
Directa Plus Plc (LON:DCTA), a producer and supplier of graphene-based products, has received an order from bicycle tyre manufacturer, Vittoria.
Connemara Mining PLC (LON:CON) said it has achieved its key objectives at its Mine River gold project in Wicklow and Wexford, Ireland. The company has drilled two holes at Gibbet Hill at 193 metres and another at Tom Breen at 97 meters. Elsewhere in the project area it has completed sampling and mapping.
Stratex International plc’s (LON:STI) new interim chief executive Bob Foster has kicked off a review of the gold explorer’s assets. Foster is the company’s former boss, who left in August 2016 after 10 years in the role, and was brought back on an interim basis in November to help carry out an independent review of the group’s position and strategy.
Victoria Oil & Gas plc (LON:VOG) told investors that its third quarter results are in-line with expectations as it gave an update ahead of the close of 2017. The company highlighted that it has had an ‘extremely active’ few months in its Gaz Du Cameroun subsidiary.
Plexus Holdings PLC (LON:POS) chief executive Ben van Bilderbeek told investors its financial performance, in the year ended June 30, has mirrored the challenging trading conditions faced by the oil and gas sector.
FFI Holdings Plc (LON:FFI) has acquired Reel Media, a US-based entertainment insurance agency and speciality brokerage that offers numerous insurance products to the entertainment industry globally. FFI is purchasing Reel Media on an instalment basis, with an initial cash payment of US$7.25 million and five annual payments equivalent to a six-times multiple of 8.6% of trailing underlying earnings (EBITDA) thereafter.
Eland Oil & Gas PLC (LON:ELA) has confirmed the completion of the Opuama-8 infill well in Nigeria. The well was drilled down to a vertical depth of 8,071 feet, and it encountered seven oil bearing reservoirs. Total pay across the seven zones has been measured at around 160 feet.
Lionsgold Limited (LON: LION) announced that the milestone for the AIM quoted company to expedite the expiry date of the warrants issued under the placing announced on 30 November and 1 December 2017 has occurred. As a result, Lionsgold said, it may trigger the early exercise of all placing warrants that would otherwise be due to expire on 31 December 2018, although at this stage it is not triggering the early exercise.
As part of its transition from product development into a revenue-generative company, stem cell services provider WideCells Group PLC (LON:WDC) has beefed up its management and advisory team. The London-listed group has added Peter Presland, Malcolm Glaister and Zakaria Aziz to its board as non-executive directors.
European focused mineral explorer Erris Resources plc (LON:ERIS) got off to a steady start on its junior market debut on Thursday. Shares in the company – which has a portfolio of zinc prospects in Ireland and gold projects in Sweden – gained 2p on the 25p initial public offering price in early deals to trade at 27p.
Bushveld Minerals Limited (LON:BMN) has completed the acquisition of the 55% of Bushveld Vametco it doesn’t already own for an initial US$11.1mln in cash and shares. This in turn will give it a 59.1% stake in South Africa's Vametco vanadium mine and processing operations compared with 26.6% formerly.
Greatland Gold plc (LON:GGP) has identified new gold anomalies and confirmed the presence of gold mineralisation at its Panorama project in Western Australia. Two clusters of gold anomalies have been identified in the southern licence that are coincident with the base of Mt Roe basalt and adjacent conglomerates.
European Wealth Group Limited (LON:EWG) has announces that its chief operating officer, Simon Ray has tendered his resignation with effect from 31 December 2017. The integrated wealth management group said Ray will continue to work with the firm as an independent contractor covering IT and Systems.
Metal Tiger PLC (LON:MTR) has told investors that it has increased its stake in Kingsgate Consolidated Limited. In a statement at market close on Wednesday, the firm confirmed it holds 18.18mln Kingsgate Consolidated Limited shares, giving the company an 8.13% stake up from 6.7%.
PCG Entertainment Plc (LON:PCGE) has posted notice of an Extraordinary General Meeting seeking shareholder approval to carry out a capital reorganisation. Under the proposal, every 5 existing PCGE ordinary shares will be consolidated and then sub-divided into 1 deferred share of 0.4p each and 1 new ordinary share of 0.1p each. He EGM will be held at 10.00am on 15th January 2018 at Suite 16, Watergardens 5, Waterport Wharf, Gibraltar.
Trading in the shares of office productivity software group BOS GLOBAL Holdings Ltd (LON:BOS) has been suspended after funding talks broke down.
Scotgold Resources Limited said it raised gross proceeds of approximately £2.66mln, before expenses, from its recent rights issue at 0.25p per share. The group said, following the rights issue, its chairman Nat le Roux increased his holding in the company to 15,045,494 shares, or 56.64% of its issued capital.
Highlands Natural Resources Plc (LONHNR) has announced that, with immediate effect, Cantor Fitzgerald Europe has been appointed as its sole financial adviser and corporate broker.
Mining investment firm Kennedy Ventures said its current cash position is strong with £2.4mln in the banks as it confirmed would not be in a position to publish its audited accounts for the year ended June 30 by the deadline of December 31. They are “substantially complete”, the company added. The shares will be suspended until the accounts are filed.