Active Energy Group PLC (LON:AEG) is to acquire a controlling interest in PowerWood Canada Corp, a privately owned Canadian forestry company. PowerWood holds substantial forestry assets in Alberta, Canada, under forestry management agreements, and deciduous cutting rights issued by the Crown Province of Alberta.
Esports group Gfinity Plc (LON:GFIN) has appointed heavy-hitting sports executive Garry Cook as its new executive chairman.
Financial results for the first quarter confirmed SDX Energy Inc (LON:SDX, CVE:SDX) is benefitting from its operational successes in Egypt and Morocco. The months were punctuated by exploration and appraisal achievements, which add to the group’s growing production profile.
Motif Bio Plc(LON:MTFB) (NASDAQ:MTFB) has raised £10mln (US$14mln) from new and existing investors following an accelerated book-build placing of 32.258mln shares at 31p each. The AIM-listed clinical-stage biopharmaceutical company said the monies raised will be used to fund near-term regulatory and pre-commercial investments for iclaprim, its novel antibiotic candidate, and to strengthen the company's balance sheet.
Hurricane Energy PLC (LON:HUR) returned with another Lancaster field project update, telling investors that the newly-fabricated buoy for the early production system has now departed dry dock in Dubai.
Tekcapital PLC (LON:TEK) has announced that its portfolio company Belluscura PLC has completed a further tranche in the private placement to raise an additional US$603,000 through the issue of equity. Big Pic in February.
Namibia-based tantalum miner Kazera Global PLC (LON:KZG) is to undertake a drilling programme across its whole licence to gauge the potential in its entirety. Kazera holds a 75% stake in African Tantalum (Aftan), which operates the Namibian Tantalite Investment Mine (NTI).
Real Good Food PLC (LON:RGD) has now finalised the terms of the previously announced funding arrangements with its three major shareholders. Omnicane Limited and Napier Brown have each provided £3.3mln in return for secured loan notes while certain funds managed by Downing LLP have agreed to provide at least £1.6mln, with a possible additional £500,000 on the table.
Eland Oil & Gas PLC (LON:ELA) is looking forward to new well operations at the Ubima field, onshore Nigeria in the Niger Delta. The company has signed up a new drill contract with KCA Deutag, and, the Deutag T-57 land-rig is now being mobilised to the field.
Mirada Plc (LON:MIRA) has announced the appointment of Francis Coles as its non-executive chairman, with immediate effect. The group said he succeeds Javier Casanueva who died on 12 May.
The chief executive of mobile advertiser Taptica International PLC (LON:TAP), Hagai Tal, has said that the group is expecting growth in its brand advertising division over 2018, with fallout from the Facebook scandal and new EU data protection rules unlikely to impact business. During a question and answer session with investors, Tal said the revenue and underlying earnings (EBITDA) margin of the brand advertising division were expected to increase through market growth as well as cost efficiencies and savings, particularly in data acquisition costs.
Tlou Energy Limited (LON:TLOU) (ASX:TLOU), the company focused on delivering power in Botswana and southern Africa through the development of coal bed methane, has released a new corporate presentation, which is available from the company's website.
ReNeuron Group Plc (LON:RENE), a UK-based global leader in the development of cell-based therapeutics, said, as previously announced, it is hosting a capital markets event today focused on the company's exosome nanomedicine platform. The group said it will not be providing any new material information.
Metminco Limited (ASX & AIM: MNC) advises that its latest presentation has been released to the Australian Securities Exchange and is available on the company's website.
W Resources PLC (LON:WRES), the tungsten, copper and gold, exploration and development company with assets in Spain and Portugal, announced that its latest corporate presentation is now available on the group’s website.