IXICO Plc (LON:IXI) said it had landed a US$2.7mln contract to deploy its digital technologies in research being carried out by a global pharmaceutical company into progressive supranuclear palsy (PSP). The seven-year deal, which starts immediately, builds on a relationship with an existing customer.
Ferrum Crescent Ltd (LON:FCR) has posted a maiden JORC resource for its Toral zinc-lead project in Spain. The resource rings in at 16.9 mln tonnes of ore grading 6.9% zinc equiValent. Director Laurence Read spoke of the company's aspiration to move now towards a preliminary economic assessment.
Goldplat plc (LON:GDP) produced nearly 8,800 ounces of gold equivalent during the quarter to end December 2017. Stocks at the recovery operations have hit their highest level since 2013, and production at the Kilimapesa mine in Kenya should increase now that disruptions related to the election are over.
Photonstar LED Group PLC (LON:PSL) has substantially reduced its debt through the sale of its Camtronics Vale subsidiary to the electronic components maker’s management. The company sold the unit for £150,000, but the net effect is to reduce the company’s debt by around £460,000, which was more than half of the group’s outstanding debt prior to the transaction.
Newmark Security PLC (LON:NWT), a provider of electronic and physical security systems, remains confident of announcing new contract wins in the near future. In its results for the six months to the end of October, the group admitted market conditions remained challenging, with a solid increase in revenues from the electronics division offset by a decline in the asset protection division’s turnover, where, as anticipated, sales of time-delay cash handling equipment to the Post Office declined.
Amryt Pharma PLC (LON:AMYT) has signed a fourth distribution deal in three months for Lojuxta, which is used to treat a rare and life-threatening cholesterol disorder. The agreement, covering Romania and Bulgaria, is with Romastru Trading, part of the Pharaon Healthcare Europe conglomerate.
Scancell Holdings Plc (LON:SCLP) expects to submit an investigational new drug (IND) application for its SCIB1 skin cancer drug candidate in the first half of 2016.
Symphony Environmental PLC (LON:SYM) has repeated its call for plastics in future to made of oxo-biodegradable material. Symphony highlighted the benefits of its d2w controlled life plastic in a film shown by the BBC World Service.
Jubilee Metals Group PLC (LON:JLP) told investors that operational earnings from the Hernic platinum operations had nearly doubled in the fourth quarter. Fourth quarter operational earnings from the site amounted to £0.97mln, up 94% compared to £0.5mln in the preceding quarter.
Obtala Ltd (LON:OBT) told investors it is raising £4.5mln of new capital and unveiled a new acquisition to further expand its forestry business. It has entered into an agreement to acquire NSMS, an Ivory Coast based forestry operation, which is expected to compliment the Woodbois business which was acquired six months ago - the Woodbois trading arm has worked with NSMS for ten years.
Wolf Minerals Ltd (LON:WLFE) has boosted quarterly production of tungsten concentrate at its Drakelands mine in Devon by 22%. Sales rose by 36% against a backdrop of improving tungsten prices. The company remains in discussions with major creditor RCF.
Chartered financial analyst Paraag Amin is to join marketing automation specialist dotdigital Group PLC (LON:DOTD) as chief financial officer.
Strategic Minerals Plc (LON:SML) (USOTC:SMCDY), the diversified mineral development and production company, has announced that its three directors, Alan Broome, Peter Wale and John Peters have exercised a total of 15,000,000 vested options. The group said th2 exercise of these options completes all vested options expiring 30 June 2018, while a further 25,000,000 vested options exist, all held by the Company's three Directors, with an expiry date of 30 June 2019.