International specialist staffing group Empresaria Group plc (LON:EMR) is set to deliver record adjusted profits for 2017, in line with expectations.
Directa Plus Plc (LON:DCTA) has received a US patent for its graphene-based flame-retardant textile, Graphene Plus (G+). Giulio Cesareo, chief executive, said the patent consolidated Directa Plus’s position as one of the leading graphene companies in the textile segment.
ImmuPharma PLC (LON:IMM) said it received strong backing from existing and new institutional investors for its £10mln City fundraiser. The cash, raised by issuing shares at 144p each, will support future investment in the P140 peptide platform. It will also be used to meet the drug developer’s working capital requirements.
The provider of cloud-based e-commerce marketplaces, cloudBuy PLC (LON:CBUY), halved its losses in 2017, though revenue came in below expectations.
Bango plc (LON:BGO) has raised £5mln placing shares at 180p a share and is to acquire Audiens, the data management subsidiary of Digitouch.
Faron Pharmaceuticals Ltd (LON:FARN) said a phase II/III clinical study of its flagship drug in a second indication has received its first recommendation from the independent data monitoring committee overseeing it. The treatment, Traumakine, is being trialled on patients with ruptured abdominal aorta aneurysms (RAAA) in centres in Finland, Lithuania and Estonia (sites in the UK will open shortly).
Oracle Power PLC (LON:ORCP) has appointed Mark Steed as its new interim chairman to replace Anthony Scutt, who will return to his role as senior independent director. Oracle is working towards the financial sign-off of its Thar thermal power station project in Pakistan and said it would appoint a permanent chairman once that process concludes.
Strategic Minerals Plc (LON:SML) is to increase its exploration efforts at the Hanns Camp project in Australia after new drilling showed numerous nickel and cobalt indications. Eight of the holes indicated nickel above a grade of 0.63% with additional cobalt credits.
SDX Energy Inc (LON:SDX, CVE:SDX), in a statement after Tuesday’s market close, told investors that it is expected to achieve higher production volumes in 2018. The project update comes as the company hosts an analyst visit in Morocco.
Cadogan Petroleum Plc (LON:CAD) told investors that it has ‘delivered another step towards overall profitability’.The Ukraine focused oil and gas firm, in a statement, highlighted that it is benefiting from E&P revenues, reductions in administration costs, as well as strict discipline on spending and management of receivables.
Amryt Pharma PLC (LON:AMYT), the biopharmaceutical company focused on rare and orphan diseases, has announced the appointment of Derval O'Carroll as head of Regulatory Affairs. The group said, as it continues its pivotal Phase III trial, EASE, to assess the efficacy of AP101 in Epidermolysis bullosa, the rare genetic skin disorder, Derval will assume responsibility for engagement with regulatory agencies.
Eurasia Mining plc (AIM:EUA) announced that, further to its announcement in November 2017, Alexei Churakov has now completed the purchase of a 7% minority stake in the AIM listed gold producer’s subsidiary ZAO Kosvinsky Kamen which solely owns and holds the West Kytlim project. After the transaction, it added, KK is 68% owned by Eurasia.
Mkango Resources Ltd. (LON:MKA) (TSX-V:MKA) has announced that, following recent shareholder and exchange approvals, investments totalling £6mln (C$10.5mln) made by Talaxis Limited have been received by the rare earths explorer’s subsidiaries.
Savannah Petroleum PLC (LON:SAVP) said that, for the purposes of facilitating the company's proposed acquisition of the Seven Group assets, it has commenced an exchange offer and consent solicitation with respect to Seven’s 10.25% senior secured notes.
The Marketing Group PLC has confirmed that it let Nice & Polite go into liquidation on 18 December 2017 following a Court Order to wind up the business and the group’s desire to streamline its corporate structure. It added that Nice & Polite was not material to the Group’s financial performance, having made a loss after tax of approximately £6,000 in the year to 31 December 2017.