Galileo Resources PLC (LON:GLR) has returned exceptionally high zinc grades from drilling on its 85%-owned Star zinc project. Chief executive Colin Bird called the results "very pleasing" and stated that a further expansion of the resource is now on the cards.
ValiRx Plc’s (LON:VAL) two lead cancer compounds are at stages in their development that they “offer potential investors an investable proposition and an attractive offering to joint venture partners", according to the company’s chairman, Oliver de Giorgio-Miller.
Energy storage and clean fuel company ITM Power plc (LON:ITM) is to help the Metropolitan Police with the roll out of its new fleet of zero-emission vehicles after it signed a signed a fuel contract with the UK’s largest police force. The tie-up will see ITM supply hydrogen to the Met Police’s new fleet of fuel cell electric vehicles (FCEVs).
Symphony Environmental Technologies plc (LON:SYM) has welcomed news that the authorities in the Pakistani province of Sindh are to enforce The Sindh Environmental Protection Act, which mandates that all plastic produced or imported must be biodegradable.
PowerHouse Energy Group PLC (LON:PHE) has bolstered its executive team with the appointment of Bruce Nicholson as Commercial Operations Manager. The AIM-listed technology company pioneering hydrogen production from waste plastic and end-of-life tyres said Nicholson brings “a proven track record of delivering complex energy projects, which he has built up during 30 years of project management, asset management and business development.”
Hurricane Energy PLC (LON:HUR) has reported on its ‘transformative’ 2017, highlighting that in the year the Lancaster oil field moved into the project execution phase. The project timeline puts Lancaster on course for ‘first oil’ in the first half of 2019.
Belvoir Lettings PLC (LON:BLV) posted record profits and healthy revenue growth.in 2017 as it shrugged off the effects of a sluggish housing market. Other estate agents, notably Countrywide and Foxtons, have struggled with the sluggish house sales market and inroads into the market by online agents such as Purplebricks.
Myanmar-language social media, entertainment and payments group MySQUAR Limited (LON:MYSQ) has kicked off the search for a new chief financial officer after Pham Dang Hung announced he was stepping down from the role.
ReNeuron Group Plc (LON:RENE) has announced the appointment of Dr Richard Beckman as chief medical officer, to lead the company’s clinical and medical affairs team based in its recently established US office in Boston. The AIM-listed firm said Beckham will replace Dr Julian Howell, who has left the company to pursue another opportunity.
Motif Bio Plc (LON:MTFB) is gearing up for the commercial launch of its next-generation antibiotic following a landmark period for the company. Motif has successfully concluded a second phase III clinical trial on its lead drug, iclaprimm and is preparing for regulatory sign-off in America and Europe.
Genedrive PLC (LON:GDR) said analytical performance and field studies of its Hepatitis C (HCV) ID Kit have been published in BMJ Gut, a leading international journal in gastroenterology and hepatology.
Collagen Solutions PLC (LON:COS) has appointed Louis T. Ruggiero as its chief business officer with effect from 16 April 2018.The AIM-listed firm said it has recently completed a comprehensive business review with the help of Ruggiero, including a review of the company’s commercial operations and organisation.
Braveheart Investment Group PLC (LON:BRH) said one of its strategic investments, Gyrometric Systems, received a cash injection of £250,000 on Tuesday from Strat Aero PLC. As a result of the fund-raising, Strat Aero now holds a 37% stake in Gyrometric while Braveheart’s stake has been reduced to 41% as a result of the issue of new shares.
Chaarat Gold Holdings Ltd (LON:CGH) has reaffirmed its strategy of becoming a mid-tier gold producer focussed on Central Asia and the Former Soviet Union, but has now added a commitment to M&A into the mix. A new director, Artem Volynets, has been appointed to oversee the M&A side.
Kibo Mining PLC (LON:KIBO) revealed it is raising £1.5mln of new funds, through a share sale arranged by brokers SVS Securities and Novum Securities. A total of 28.57mln shares are being issued at a price of 5.25p each. The company told investors that the injection of funds will be used for working capital and to expedite ongoing advanced feasibility studies at the Mabesekwa independent coal to power project, in Botswana.
Lionsgold Ltd (LON:LION) has increased its stake in its Finnish joint venture (JV) company, Kalevala Gold, to 30% following the injection of additional working capital. Kalevala has received permission to undertake test processing on an initial 200 tonne sample from the Kuikka gold deposit in order to fine-tune plant recoveries, bulk sampling procedures and protocols for a planned bulk sampling programme, Lionsgold reported.
Strategic Minerals Plc (LON:SML) has completed the acquisition of the Leigh Creek copper project with the issuance of shares to vendor RML. Strategic's director John Peters said it was "very exciting" now to be contemplating restarting mining at the project.
Tharisa PLC (LON:THS) updated investors on its second-quarter production performance, which included above target platinum recovery. Platinum group metal (PGM) recoveries measured 82.2% for the three month period, ended March 31, compared to a target of 80% and the company produced some 38,200 ounces of PGMs.
Tower Resources PLC (LON:TRP) has hired consultant Oilfield International Ltd for an assessment of the reserves potential at the Thali licence in Cameroon. It follows a competitive tender process and the assessment will look at Tower's work on the Thali license to date, in addition to historical well data and regional datasets. Pending reprocessed 3D seismic data will also be used in the process.
Premier African Minerals Ltd (LON:PREM) has appointed experienced geologist Wolfgang Hampel to the board, following the departure of industry veteran John Stalker, who is seeking to reduce his work load. Hampel has been head of Premier African's exploration programme in Zimbabwe since 2014, and was formerly chief operating officer of Tantalus Rare Earths AG.
Rainbow Rare Earths Limited (LON:RBW), the high grade rare earth producer, has said anticipated production from its Gakara Rare Earths Mine remains unchanged. In a statement responding to press comments following a news conference held in Bujumbura, Burundi on 9 April 2018, the LSE main market-listed group confirmed that its production forecast remains at a run rate of 5,000 tonnes per annum (tpa) - approximately 400 tonnes per month - of rare earth concentrate by end of calendar year 2018.
Metal Tiger (LON:MTR), the AIM-listed investor in strategic natural resource opportunities said it has taken up its full entitlement under into MOD Resources Limited (ASX:MOD) 16 for 1 rights issue of 7,887,500 shares at a cost of A$370,713. This additional investment increases Metal Tiger's shareholding to 138,800,415 shares or 6.0197% of MOD Resources’ issued share capital.
Further to its announcement of 29 March 2018, Thor Mining PLC (LON:(LON:THR) (ASX:THR), noted the announcement today on ASX that Hawkstone Mining Limited (ASX:HWK) has completed due diligence and is proceeding with the acquisition of 100% of the shares of USA Lithium, in which the AIM-listed firm has a stake. Assuming the transaction completes, Thor will be issued 15,625,000 fully paid shares in Hawkstone on completion.