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The Markets
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The Markets
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Proactive news snapshot: Amryt Pharma, Bezant Resources, IXICO …

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

Amryt Pharma PLC (LON:AMYT) has signed an agreement with Aegerion Pharmaceuticals Inc to significantly expand its exclusive licence agreement for Lojuxta into Russia and the Commonwealth of Independent States, as well as the non-EU Balkan States.

Bezant Resources plc (LON:BZT) shares rose on Thursday morning as the company announced that its Mankayan copper-gold project in the Philippines is to be “world class asset” and has a major potential to generate further value.

IXICO Plc (LON:IXI), the digital technologies company serving neuroscience, has signed amendments to current contracts that expand the clinical trial services provided to two biopharmaceutical companies, adding around £500,000 to the value of the contracts.

Providence Resources PLC (LON:PVR) chief executive Tony O’Reilly, in the Irish oil explorer’s financial results statement for 2018, told investors that it was an “extremely busy” year, albeit, the most significant recent event came after the reporting period.

Southend airport owner Stobart Group Ltd (LON:STOB) swung into profit as it booked a substantial gain on the sale of a stake in logistics associate Eddie Stobart. The airport saw passenger numbers rise by 29% in the year to February, but progress was impeded by the collapse of Monarch Airlines. Big Pic in April.

Coinsilium Group Limited (AQSE:COIN) has been appointed as an adviser to ‘smart contracts’ platform FANTOM Foundation ahead of a token generation event (TGE). The NEX-listed blockchain investor said FANTOM, who runs the world’s first directed acyclic graph (DAG) based ‘smart contract platform’, will aim to sell tokens for a total of US$39.8mln in the TGE which is expected to begin on 15 June this year.

Sareum Holdings Plc (LON:SAR) has highlighted the expansion of the patient cohort for a Phase 2 cancer drug trail being carried out by Sierra Oncology. NASDAQ-listed Sierra is the licence holder for Sareum intellectual property relating to certain potential ‘inhibitor’ drug treatments for cancers.

ITM Power plc (LON:ITM) has played a key role in the first refuelling of a hydrogen van in the Orkney Islands as part of the Building Innovative Green Hydrogen Systems in an Isolated Territory (BIG HIT) demonstration project. Five zero-emission Renault Kangoo vans were refuelled at ITM’s refuelling station in Hatston.

Michelmersh Brick Holdings Plc (LON:MBH) chairman, Martin Warner, will say at its annual general meeting that the brick maker is expecting ‘significant growth’ this financial year as its Carlton Main Brickworks acquisition began its first full-year of contribution to company revenues.

Cradle Arc Plc (LON:CRA) told investors that it will retain 100% of the Kossanto West gold project in Mali following Randgold Resources Plc (LON:RRS) decision to exit a partnership agreement made back in February 2016.

Eurasia Mining plc (LON:EUA) has raised £500,000 through a significantly oversubscribed placing of shares and warrants at 0.3p.

Rambler Metals and Mining PLC (LON:RMM) (TSXV:RAB), a copper and gold producer operating in Newfoundland and Labrador, Canada, announced that the employees of its Ming Mine, Nugget Pond Mill and Goodyear's Cove facilities are the recipients of the 2017 John T. Ryan National Award from the Canadian Institute of Mining, Metallurgy and Petroleum as the safest underground metal mine in Canada for 2017.

Avation PLC (LON:AVAP), the commercial passenger aircraft leasing company announced that, following the settlement and funding of US$300 million 6.5% senior notes due 2021 issued recently under its global medium term note programme, it has now issued a redemption notice for US$150 million of the 7.5% senior notes due 2020. The redemption will become effective on 27 May 2018 with payment to noteholders being made on 29 May 2018. Following redemption. The group said, there will be no Notes due 2020 outstanding.

AIM-listed miner Vast Resources PLC (LON:VAST) has received £1.22mln after one of its shareholders exercised just shy of 250,000 warrants at a price of 0.5p each.

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