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Proactive news snapshot: Directa Plus, Range Resources, accesso Technology …

A glance at some of the day's highlights from the Proactive Investors newswire

Directa Plus Plc (LON:DCTA) has announced an agreement with Italian firm Sartec Srl to jointly develop a commercial-scale industrial system based on the company’s graphene-based Grafysorber product for treating oil-contaminated produced water.

Range Resources Ltd’s (LON:RRL) drilling arm has won a contract with Shell to work over one of the oil major’s onshore Trinidad wells. Range acquired RRDSL at the end of last year and this is the first contract award so far in 2018.

accesso Technology Group PLC (LON:ACSO), which provides queuing technology pioneered in theme parks, enjoyed a strong year and said it remained confident on the outlook for 2018. Revenues for the 12 months ended December 31 grew just over 30% to US$133.4mln, while underlying earnings (EBITDA) were up 29% at US$24.6mln.

Marketing and media analytics specialist Ebiquity plc (LON:EBQ) saw faster revenue growth in the second half of 2017. Revenue for 2017 was up 4.6% to £87.4mln from £83.6mln the year before, pretty much in line with market expectations, with like-for-like (LFL) growth of 0.8% on a constant currency (CC) basis.

Employee services provider Personal Group Holdings plc (LON:PGH) has seen a continuation of record new insurance sales in the first two months of 2018. In its full-year results statement for 2017, the group hailed its fifth successive year of record new insurance sales and it looks like 2018 has continued in the same vein.

Action Hotels PLC (LON:AHCG) said its new operation on Melbourne’s South Wharf has opened ahead of schedule with AUS$3.5mln in advanced bookings. The 347-room operation will be branded Novotel and operated by French hospitality giant Accor.

Cadence Minerals Plc (LON:KDNC) (OTC:KDNCY) said it has been issued shares in Australian-listed Clancy Exploration Limited (ASX:CLY) as compensation for the discovery of third party priority over overlapping licenses in Austria.

Aminex PLC (LON:AEX) has revealed that it is in discussions with Eclipse Investments LLC regarding a possible farm-out of part of its interest in the Ntorya appraisal area in Tanzania. The group noted that Eclipse is a wholly-owned subsidiary of the Zubair Corporation and is the company's largest shareholder.

Eland Oil & Gas PLC (LON:ELA) has decided to pause drilling operations at the Opuama field, in Nigeria, as the programme had continued to encounter intermittent power problems. It is making arranged for new back-up power engines to be delivered to site, though they aren’t expected until April.

SDX Energy Inc (LON:SDX) (CVE:SDX) told investors it has successfully completed the SAH-2 well, on the Sebou permit onshore Morocco, for production which will begin in a few days. The company said that the well achieved an average flow rate of conventional natural gas of 12.9mln cubic feet per day, seeing a maximum rate of 13.5mln cubic feet per day.

The Marketing Group PLC (NASDAQ OMX:TMG) has announced that its subsidiary TRUTH has undertaken the first successful deployment of an advertising campaign using blockchain smart contract technology. The Nasdaq First North-listed firm said TRUTH - the world’s first global blockchain-enabled media agency - ran the campaign for a national publisher for ten days until 19 March 2018, which saw it fully disclose all fees involved to the client.

Kibo Mining PLC has welcomed comments from Tanzania’s president pledging to support the private sector and indicating an agreement with a new energy contractor is close to being signed. Noting recent comment in the press regarding comments made at the 11th Tanzania National Business Council (TNBC) meeting, the AIM-listed energy and resources firm’s CEO, Louis Cotzee said: "It is heartening to see the winds of change blowing from Tanzania.

Caledonia Mining Corporation PLC (LON:CMCL) told investors it achieved a new production record at the Blanket mine, in Zimbabwe, where it unearthed 56,133 ounces of gold during 2017 - some 11.5% more than in the preceding year. The company, in financial results for the year, reported an average gold price of US$1,243 per ounce (up from S$1,232 in the year before) and it said gross profit amounted to US$26.32mln, up from US$23.49mln.

i3 Energy PLC (LON:I3E) told investors that it will be issuing US$500,000 worth of shares to James Caird Asset Management from the conversion of debt. It noted that following the conversion the investment group retains US$1.5mln of loan notes.

Wolf Minerals Limited (LON:WLFE) (ASX:WLF) announced that its interim managing director, Richard Lucas, has been appointed as managing director with effect from 21 March 2018. The group noted that Lucas was appointed as interim managing director on 7 April 2017 as part of the leadership transition and the need for a greater onsite executive team commitment to ensure the long-term successful operation of the Drakelands mine.

Alba Mineral Resources PLC (LON:ALBA), an investor in the Horse Hill project, has further strengthened its oil and gas team with the appointment of Feroz Sultan as a special adviser. Sultan joins Sue Corrigan who has hired earlier this month as technical consultant.

APQ Global Limited (LON:APQ), the emerging markets income company, announced a further appointment to its International Advisory Council, with Dimieari Von Kemedi who will focus on opportunities in West Africa. The group said Kemedi has had a career spanning civil society, government and private sectors and is well acquainted with social and economic trends in West Africa.

Jubilee Metals Group PLC (LON:JLP) has announced the appointment of Shard Capital Partners LLP as its broker with immediate effect.

Metminco Limited (LON:MNC) (ASX:MNC) announced that today it requested it be placed on a trading halt on the Australian Stock Exchange as it expects to make an announcement to the market in relation to revised terms of the capital raising it initially announced on 5 March 2018.

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