W Resources PLC (LON:WRES) told investors it has secured a US$35mln loan and in doing so it ensures that the La Parrilla mine development is fully funded. BlackRock Financial Management is providing the loan, which will have a five-year schedule term (with the option for early repayment) and it has an average interest rate of 12.6%.
Sunrise Resources Plc (LON:SRES) has announced positive results from the phase 2 of drilling at the CS pozzolan-perlite project in Nevada. The company completed 25 reverse circulation percussion drill holes at 838m to better define the zones of commercial interest and assist in the preparation of mine plans for permitting.
Learning Technologies Group PLC (LON:LTG), the leading integrated e-learning services and technologies provider, announced that it has appointed Goldman Sachs International as joint corporate broker alongside Numis Securities.
Hummingbird Resources PLC (LON:HUM) said on Friday its Yanfolila gold mine in Mali has steadily been ramping up towards full production since first gold was poured in December. The plant has achieved around 96% gold recoveries consistently since the start of operations, which is higher than design specification.
Victoria Oil & Gas plc (LON:VOG) told investors that fourth quarter gas sales were up 18.56% from the preceding three months. Gross sales amounted to 726mln cubic feet in the fourth quarter, which also represents an 11% increase in the year-on-year comparative. Daily gas production averaged 7.94mln cubic feet per day, up from 6.96mln cubic feet in the third quarter and 7.64mln in the fourth quarter of 2016.
Galantas Gold Corp (LON:GAL) said the Court of Appeal at the Royal Courts of Justice in Belfast, Northern Ireland has completed its hearing on an appeal by a third party regarding the granting of planning permission to the firm's gold mine in Omagh.
Scotgold Resources Limited (LON:SGZ) has received a boost to its plans to open an underground gold mine at Cononish. The Director of Rural Planning and Development at the Loch Lomond and the Trossachs National Park Authority has issued a report recommending approval of the company's application, subject to an S75 planning agreement.
Accesso Technology Group PLC (LON:ACSO) has appointed Royce Paul Noland Jr. as the ticket and queue management company’s new chief executive officer and said he will join the board on 9 April 2018. The AIM-listed firm noted that Noland was president and CEO of the International Association of Amusement Parks and Attractions and has acted in a number of senior executive roles with Walt Disney Parks and Resorts and Marriot International.
Faron Pharmaceuticals Oy (LON:FARN) has topped up its balance sheet with a £15mln funding to accelerate the development of its two lead products. A placing and subscription at 805p, the closing price yesterday, will bring in a net £14.1mln to add to an existing cash balance of €9.3mln.
Advanced Oncotherapy PLC (LON:AVO), the developer of next-generation proton therapy systems for cancer treatment said it has been informed by Yantai Cipu that the Chinese authorities have authorised the transfer of the £13.5mln payable under the subscription for 45mln new ordinary shares to be issued by the company to Yantai Cipu at a price of 30p per share. The firm added that Yantai Cipu has also informed the company that they are in advanced negotiation with a major medical equipment and pharmaceutical distribution company in China for a collaboration to accelerate and strengthen their market access in the People's Republic of China, Hong Kong, Macau, Taiwan and South Korea.
Concepta PLC (LON:CPT) the UK healthcare company and developer of a proprietary product targeted at the mobile health market with a primary focus on women's fertility, announced the appointment of David Darrock, its chief operating officer, as a director of Concepta Diagnostics Ltd. Alongside Darrock's appointment, and to strengthen the China team, the group added, Michelle Yao has been appointed as Concepta’s China General Manager, and will be reporting to Zhang Zi Gang, the UK-based Head of China.
Goldplat plc (LON:GDP), the AIM listed gold producer with international recovery operations located in South Africa and Ghana and a mine in Kenya, announced the appointment of WH Ireland as it sole broker with immediate effect.
Scancell Holdings Plc (LON:SCLP), the developer of novel immunotherapies for the treatment of cancer, announced that its chief executive officer, Cliff Holloway, and Lindy Durrant, chief scientific officer, have been invited to present an overview of the company alongside recognised experts in the fields of melanoma, lung cancer and the development of innovative immunotherapies, at the Calculus Investor Forum in London on Friday 16 February 2018 at 12.15pm GMT.