Scottish billionaire Mrs Ann Gloag has bought a 3% stake in Arc Minerals Ltd (LON:ARCM). The investment came as part of the recent placing that allowed Arc to boost its stake in the Zamsort copper-cobalt project in Zambia. Mrs Gloag is a co-founder of Stagecoach.
Avacta Group Plc's (LON:AVCT) Affimer technology may hold the key to delivering DNA-based treatments that more effectively and efficiently tackle diseases such as cancer. Early encouraging signs have emerged from the company's collaboration with Finland's FIT Biotech.
Publishing group Bloomsbury Publishing PLC (LON:BMY) said performance for the current financial year will be well ahead of its previous expectations.
SDX Energy Inc (LON:SDX, CVE:SDX) told investors that the Kelvin-1X exploration well at South Disouq, in Egypt, has been unsuccessful. It follows two successful discoveries in the South Disouq block.
OptiBiotix Health plc (LON:OPTI) confirmed it has inked a deal with Seed Health, which will produce, promote, market, and commercialise products containing the former's cholesterol lowering additive, LP-LDL.
Accesso Technology Group PLC (LON:ACSO) has seen a strong start to 2018 with several new agreements and a move into US markets, according to a statement to be made at its annual general meeting later today.
Tekcapital PLC (LON:TEK) has unveiled three new appointments across its portfolio companies in moves to boost marketing and commercialisation.
Background screening specialist ClearStar Inc (LON:CLSU) has continued to enjoy double-digit revenue growth in the second quarter of its fiscal year as its offering starts to attract the attention of some big-name companies.
Bluejay Mining PLC (LON:JAY) will shortly be commencing fieldwork at the Dundas mineral sands project in Greenland. The aim is to boost the existing resource significantly, and also to continue with environmental and social assessment work. A pre-feasibility study is due shortly.
ECR Minerals PLC (LON:ECR) has completed drilling at its Monte Christo gold project in Australia. It will now move on to drill at Blue Moon, where a geochemical survey has already identified potential targets.
Tertiary Minerals plc (LON:TYM) said it is focusing its acquisition efforts on one particular project as it provided an update in its half-year report. The AIM-listed miner reported a pre-tax loss for the period of £133,539, narrowing from £211,850 in the same period last year, while the group ended the period with cash and cash equivalents totalling £474,052, up from £145,212 for the same period a year ago.
Lemur Holdings, the coal and energy subsidiary of Bushveld Minerals Limited (LON:BMN), has executed a binding 30-year concession agreement with the Madagascan government. Lemur, which is developing the Iamaloto integrated thermal coal mining and independent power project in Madagascar, said the concession is for an initial 60 megawatt (MW) capacity.
Canadian copper miner Rambler Metals and Mining PLC (LON:RMM CVE:RAB) has raised £2.2mln through a private placing with fund manager Lombard Odier. Shares were priced at 5p and will be issued in two tranches to ensure Lombard’s stake does not rise above 9.9% until approval is granted by the Toronto Venture Exchange.
Ferrum Crescent Limited (LON:FCR) said that, following shareholder approval at yesterday’s AGM, it has now completed the placing and subscription to raise, in aggregate, approximately £1mln (before expenses), through the issue of, in aggregate, 1,739,130,435 new ordinary shares at a price of 0.0575p each.