Union Jack Oil PLC (LON:UJO) has increased its stake in the drill-ready Biscathorpe prospect ahead of an exploration well in mid-2018. The deal was agreed in tandem with Humber Oil & Gas, a private company, which is teaming up with Union Jack through a new commercial tie-up focussed on acquisitions.
Mobile app distribution and monitoring specialist appScatter Group PLC (LON:APPS) has signed its first major partnership since listing on AIM last September. App advertising network Airpush will promote appScatter’s platform to its clients in return for 10% of the revenues generated by the collaboration.
Foreign currency movements have put a dent in the earnings of pharma services provider Ergomed Plc (LON:ERGO), spoiling “a year of exceptional growth”.
Results for 2017 came in ahead of expectations at BATM Advanced Communications Limited (LON:BVC) in what the company termed a milestone year for the group.
Abzena plc (LON:ABZA) has announced that a settlement has been reached with Stanford University in connection with the claims against biopharmaceutical development and manufacturing company PacificGMP which the UK firm acquired in 2015. Stanford University had filed a claim against PacificGMP for US$3mln plus damages in the Superior Court of the State of California in the County of San Diego on August 6, 2017.
Metminco Limited (LON:MNC) is raising A$5.3mln via a A$5.1mln rights issue and A$190,000 placing. The money raised will be used to fund exploration on the company's Colombia gold properties. A restructuring of the board is also underway.
Test work at the Mino do Barroso lithium project in Portugal undertaken by Savannah Resources Plc (LON:SAV) has delivered highly encouraging results. Recoveries are likely to be good and Savannah chief executive David Archer has professed himself "delighted" with the results.
Rambler Metals & Mining (LON:RAB) has revealed plans for a 20-year mine life at the Ming copper and gold project in Newfoundland. Reserves mined out in the past two years have been replenished, and while the resource base has declined, grades have improved significantly. Net pre-tax cashflow is likely to come in at US$195mln.
ClearStar Inc. (LON:CLSU) said that its background check solution has become one of the first to achieve automatic integration of background checking into recruitment processes. The AIM-listed screening service provider said that its new automated integration solution will allow recruiters to select a stage in the recruitment process at which a background check will auto-initiate without the need for human intervention.
It has been on the cards for a while and now office productivity software developer BOS GLOBAL Holdings (LON:BOS) has called in the administrators. The company has been trying to raise enough cash to keep the business running as a going concern but having failed to do so, the directors considered it to be in the best interests of creditors and shareholders to appoint administrators charged with preserving the value of the group’s assets
Kibo Mining PLC (LON:KIBO) told investors that it has appointed SVS Securities as its new broker, following the collapse of Beaufort Securities last week. The mining junior also updated investors on its proposed equity funding, which is proceeding with SVS as the exclusive placee - it is expected that the share placing will complete on March 6.
The Marketing Group PLC (NASDAQ OMX:TMG) announced that its TRUTH business, the first global blockchain-enabled media agency, has appointed Josiah Amartey as its digital director. It said Amartey, who joins TRUTH from planning and buying agency Rocket (part of OMG), has more than 15 years of experience of working in the media and marketing sector, having previously held senior positions at Virgin Media and OMD UK.
Telit Communications Plc (LON:TCM), the global enabler of the Internet of Things (IoT), has appointed Miriam Greenwood and Shlomo (Momo) Liran as non-executive directors with immediate effect. It said Greenwood will also chair the group’s Remuneration committee.
Goldplat plc (LON:GDP), the AIM quoted gold producer with international gold recovery operations located in South Africa and Ghana and a gold mine in Kenya, announced that it will host a shareholder conference call at 12pm UK time on Friday 9 March 2018.
KEFI Minerals (LON:KEFI), the gold and copper exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, has uploaded to its website two video presentations entitled "KEFI Minerals Ethiopia" and "KEFI Minerals Saudi Arabia", being delivered this week by its representatives to forums focusing on growth opportunities for the minerals sector within the Arabian-Nubian Shield.
Silence Therapeutics PLC (LON:SLN), a leader in the discovery, delivery, and development of novel RNA therapeutics for the treatment of serious diseases with unmet medical need, announced that its chief executive officer, Ali Mortazavi will present at the Cowen 38th Annual Health Care Conference on Tuesday, 13 March, 2018 at 10:30am EDT in Boston, MA.