PowerHouse Energy Group PLC (LON:PHE) is to make its hydrogen-from-waste technology available to bus fleet operators in Bulgaria and Romania. Tresoil, a Bucharest-energy group, will sell buses powered by the Powerhouse’s DMG system and manufactured by Wrightbus, a specialist in hydrogen vehicles.
Tertiary Minerals plc (LON:TYM) remains in constructive dialogue with the relevant Swedish authorities with regard to the granting of a mine permit for its Storuman fluorspar project. Detailed additional environmental analysis has now been submitted to the Mines Inspectorate.
Skin health specialist SkinBioTherapeutics PLC (LON:SBTX) said the 'cream' formulation of its SkinBiotix technology has passed effectiveness studies in models of skin.
Approvals have now been received for Ironridge Resources Ltd (LON:IRR) to commence drilling at the Ewoyaa lithium project in Ghana and, accordingly, earthworks to allow drill access and for drill pads are now underway. The plan is to undertake approximately 7,000 metres of reverse circulation and diamond drilling. That could amount to up to 60 holes over two phases, with drilling expected to commence late April to early May.
Shares in Sareum Holdings Plc (LON:SAR) rose 9% ahead of poster presentations at a key cancer conference by partner Sierra Oncology. Sierra is the licence holder for Sareum-developed SRA737. The posters will outline pre-clinical results from its research, including late breaking data. They will be on show at the American Association of Cancer Research annual meeting in Chicago.
Shares in Sunrise Resources Plc (LON:SRES) surged after an exploration update on the Junction project in Nevada, in which Sunrise has an interest. VR Resources Ltd (CVE:VRR) revealed that that surface exploration is in progress at its Junction copper-silver property in north-western Nevada.
Falcon Oil & Gas Ltd (LON:FOG, CVE:FO) is now clear to get to work with its major shale discovery in Australia’s Northern Territory after the regional government has lifted its moratorium on hydraulic fracturing. It is long-awaited good news for the junior oil and gas firm, which has essentially been on hiatus whilst the suspension was in place
PCG Entertainment Plc (LON:PCGE) has provided an update on progress in its media, gambling and environmental technologies focuses in the Chinese market.
ImmuPharma PLC (LON:IMM) said it believes there is a “significant opportunity” for its drug Lupuzor, used to treat autoimmune disease lupus, following the release of top-line results from a phase III trial. The data revealed Lupuzor was more effective than the placebo (52.5% versus 44.6%). But because the response rate for those taking the non-active medication plus the “standard of care” was so high the end-point of the study was not achieved. That 'end-point' was a statistically significant beneficial impact from Lupuzor.
Obtala Limited (LON:OBT) has said it will fully review the potential financial implications of a ruling by the Ministry of Land, Environment and Rural Development (MITADER) in Mozambique on the exploitation and export of endangered species of timber.
Sirius Minerals PLC (LON:SXX) has told investors that its debt-for-equity offer has received acceptances accounting for US$63.8mln. The UK mine developer, earlier this month, offered holders of its convertible bonds the opportunity to make an early switch to equity, offering them additional incentive shares along with the due equity.
App distributor appScatter Group PLC (LON:APPS) is to market its platform to customers of ironSource, one of Israel’s fastest growing companies. Appscatter’s platform cover more than more than 75 app stores and this deal will see it marketed to ironSource’s community.
Jubilee Metals PLC (LON:JLP) has boosted quarterly production of platinum group metals at its Hernic project in South Africa by 30%. Revenues and operational earnings also improved, while unit costs were kept at an impressively low US$434 per ounce of PGMs.
Connemara Mining Company PLC (LON:CON) has announced a maiden inferred resource estimate at its Stonepark zinc project located in Limerick, Ireland.
The headline mineral resource estimate is 5.3mln tonnes grading 11.15% zinc + lead combined. The zinc grade was 8.55% and the lead grade was 2.60%.
Alliance Pharma plc (LONAPH) is selling the Chinese rights to Forceval, a micro-nutrient supplement used in pregnancy, for £2.9mln. It doing so via the disposal of its 60% stake in a company called Unigreg Limited to Pacific Glory Development.
Amryt Pharma PLC (LON:AMYT) saw sales of its cholesterol treatment Lojuxta surge in 2017 and is confident of further sales growth this year. As announced in March, revenues from Lojuxta (lomitapide), which treats a rare life-threatening disorder that causes abnormally high levels of "bad" cholesterol, contributed €11.9mln in 2017, as against €800,000 or so in 2016, when the company only had the rights to the treatment for one month.
Background check services and technology provider ClearStar Inc (LON:CLSU) is set for a “pivotal” 2018 after reporting solid results for the year just gone. The flexibility of the labour market continues to expand and that is increasing the demand for ClearStar’s direct services and is providing new opportunities for revenue generation.
W Resources PLC (LON:WRES) has issued an update on the progress of its tungsten, copper and gold projects in Portugal following a £1.5mln growth financing for the assets. The AIM listed exploration and development company said infill drilling would be completed on the entrance to the two high-grade mine at its at its Régua tungsten project in the second quarter of the current year when initial road construction would commence.
Savannah Resources Plc (LON:SAV) confirmed it has raised cash proceeds of £0.58mln from a share subscription by Al Marjan Ltd, the company's major shareholder, and a number of employees. The AIM-quoted resource development company announced that further to its recent cash subscription to raise £1.52mln announced on 3 April 2018, Al Marjan and the employees subscribed for 10,545,457 new ordinary shares at a price of 5.5p each.
Union Jack Oil PLC (LON:UJO) has told investors that its 20% owned Fiskerton Airfield Oilfield project has resumed production, meanwhile, new efforts to secure planning permission for the Wressle field are also advancing. The onshore oil junior has a 15% stake in Wressle, where operator Egdon is currently conducting fieldwork to address issues raised in the previously unsuccessful planning application – they relate to ground water and hydrological risk.
The Marketing Group PLC’s (NASDAQ OMX:TMG) creative agency ChannelZero said it has appointed Ben Croft as its new creative director, completing its executive team. The media and marketing company said Croft is re-joining the agency after spending three years as senior art director at Studio Woo, having previously worked for ChannelZero as contracted creative
MySQUAR Limited (LON:MYSQ), the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announced that it has appointed Daniel Stewart and Company as its joint broker with immediate effect. SP Angel Corporate Finance will remain as the group’s joint broker.
Cadence Minerals Plc (LON:KDNC), the AIM-quoted resources investment company, will be hosting a live webinar at 10.00am GMT on Wednesday 25 April 2018.