Midatech Pharma Plc (LON:MTPH) (NASDAQ:MTP) is about to kick off first-in-man trials of a potentially pioneering new treatment for a fatal childhood brain cancer. Dosing has begun using Midatech’s MTX110 in patients with diffuse intrinsic pontine glioma (DIPG), a highly aggressive strain of the disease.
Westminster Group PLC (LON:WSG) is still hopeful it can move forward with its airport security contracts in Iran. The group put a €24mln contract with one airport on hold following the US withdrawal from the Iran nuclear pact in May.
Echo Energy Plc (LON:ECHO) is raising £8.5mln of new capital though a share placing and subscription as it plans to accelerate its operations in Argentina. It is issuing 71.18mln new shares, priced at 12p each.
Ergomed Plc (LON:ERGO) has added specialist pharmacoepidemiology services to its PrimeVigilance drug safety and information offering with a new hire. The AIM-listed company, which provides specialist services to the pharmaceutical industry, said it had appointed Dr Michael Forstner as head of risk management and pharmacoepidemiology.
Haydale Graphene Industries PLC (LON:HAYD) is to invest US$1.5mln in its manufacturing capabilities in South Carolina to bring manufacturing of a new cutting tool in-house. At the moment, manufacturing is outsourced but demand from aerospace engine makers for the tools has prompted Haydale to expand.
Strategic Minerals Plc (LON:SML) is to kick off a new drill programme at its Redmoor tin-tungsten-copper project in Cornwall next month.
Orosur Mining Inc (LON:OMI) has decided to terminate its option agreement on the Anillo gold exploration project with the Chilean national mining company, Nacional del Cobere de Chile (Codelco).
Cadence Minerals Plc (LON:CAD) told investors that its future prospects are growing and are very exciting. “We will continue to support our investee companies and identify new areas for expansion that offer the potential for superior returns on capital,” the company said in its full year statement.
i3 Energy PLC (LON:I3E) told investors that James Caird Asset Management has exercised its option to convert US$500,000 of a loan into equity. Some 925,926 new i3 Energy shares have been issued to the investment group. The company noted that the value outstanding on the loan is now US$1mln.