Symphony Environmental Technologies plc (LON:SYM) said profits in the year just finished will be significantly higher than current market expectations.
The positive data from the phase II trial of Futura Medical PLC’s (LON:FUM) MED2002 erectile dysfunction gel has been published in the well-respected and peer-reviewed Journal of Sexual Medicine.
LEKOIL Ltd (LON:LEK) told investors it has signed up a contractor for a new seismic programme at the Otakikpo field in Nigeria. The company’s joint venture vehicle Green Energy International has hired a Sinopec unit for the programme, which will capture just under 200 square kilometres of 3D data, spanning both the onshore and offshore areas.
Thor Mining PLC (LON:THR) said the due diligence programme is now in progress at the Western Shaw project in the Pilbara region of Western Australia. The company has paid A$50,000 to acquire a 120-day option to take a 75% stake in the Western Shaw project for A$250,000; the project looks like it might host commercial quantities of gold and lithium.
Digital marketing services group Be Heard Group PLC (LON:BHRD) had mixed news on Wednesday, reporting strong revenue growth but lowering profits guidance.
SDX Energy Inc (LON:SDX, CVE:SDX) has confirmed that the recently drilled KSR-16 well, onshore Morocco, has now been connected to the sales line and flow testing will start early next week. The company also said it has decided to end operations on the ELQ-1 well, on the Gharb Centre permit, after encountered intervals were deemed not to be sufficiently commercial to complete the well.
Glycotest, the majority-owned portfolio company of Netscientific PLC (LON:NSCI), has reported positive results from a clinical evaluation of its HCC Panel liver cancer test.
Obtala Limited (LON:OBT) has been evaluating WoodBois, the timber trading company it acquired in June, and is now ready to kick-on with its expansion plans. The African agricultural and forestry company announced earlier this week that it had provided a US$1mln loan to its timber-trading business to augment a trade finance arrangement that is being finalised.
Scotgold Resources Ltd (LON:SGZ) has completed a £450,000 placing, part of the previously announced financing package which also comprises a shareholder rights issue. The placing shares were priced on the same terms as the shares being offered under the rights issue, at 2.5p with one 4p warrant attached to every five shares.
It has taken a while, but the board of BOS GLOBAL Holdings Ltd (LON:BOS) once again has the minimum number of directors required by its constitution following the appointment of Michael Wilczynski to the board as a non-executive.
The new Echo Energy Plc (LON:ECHO) got off to a strong start as the oil and gas firm’s shares resumed trading in London. Echo confirmed on Wednesday that its Argentina acquisition is now unconditional thus allowing for the share suspension on AIM to be lifted.