Sound Energy PLC (LON:SOU) has taken a material step towards production from the Tendrara project, with the award of a front end engineering design contract. A consortium – comprising Enagas, Elecnor and Fomento – has signed heads of terms for the design, conditional construction and financing for the infrastructure that will be needed (including pipelines) for the commercialisation of Sound’s gas discoveries in Eastern Morocco.
Specialty group Alliance Pharma plc (LON:APH) has received a boost with the news that an important drug in its portfolio has received UK regulatory sign-off. The Medicines and Healthcare products Regulatory Agency (MHRA) and the Commission on Human Medicines (CHM) have given market authorisation to Diclectin, for women suffering nausea and vomiting during pregnancy.
The new boss of Feedback plc (LON:FDBK) has outlined his plans for the medical imaging technology group after completing a strategic review.
VR Education PLC (LON:VRE) is to launch an upgraded version of its Titanic experience in August, slightly later than it originally scheduled. Dave Whelan, chief executive, said the additional time would allow it to finesse some of the final details to turn Titanic VR from “a great experience to an exceptional one."
The proposed acquisition of Newridge Corporation by European Wealth Group PLC (LON:EWG) has been called off by mutual consent.
G3 Exploration Ltd (LON:G3E) chairman Randeep Grewal told investors that the company is now working closely with partners to rapidly advance producing wells, focusing on monetising natural gas sales. The company, which has gone through significant change, today reports financial results for the twelve months ended December 31.
From a standing start, appScatter Group PLC (LON:APPS) rustled up revenue of £1.9mln in 2017 after its app distribution platform went live in November.
Live Company Group Plc (LON:LVCG) has launched its BRICKLIVE ASEAN tour in the city of Jakarta, Indonesia, which will run across ten days from 7 June.
Stobart Group Limited (LON:STOB), the infrastructure and support services group, has announced the appointment of Canaccord Genuity Limited to act as its joint corporate broker alongside Stifel Nicolaus Europe Limited, with immediate effect.
Bloomsbury Publishing PLC (LON:BMY) author Kamila Shamsie has won the 2018 Women's Prize for Fiction for her seventh novel, Home Fire. The publishing group said that Bloomsbury's authors made up a third of the shortlist of six for the award, with Jesmyn Ward’s novel Sing, Unburied, Sing, also nominated.
A dietary supplement containing OptiBiotix Health plc’s (LON:OPTI) cholesterol and blood pressure-reducing LPLDL strain has launched in the US.
W Resources PLC (LON:WRES) has reported that its advanced exploration in Portugal is progressing well, with high-grade tungsten zones identified at Tarouca.
Orosur Mining Inc (LON:OMI) has released details of its gold exploration campaign at the high grade Anzá project in Colombia. Following success in the APTA portion of the project, where 18 recent holes confirmed consistent mineralisation, the company has now drilled five scout holes in the Charrascala area, which is one of four previously untested target and it has confirmed the presence of gold in the system.
i3 Energy PLC (LON:I3E) has announced that on 5 June 2018, in relation to the Loan Note Agreement as announced on 6 February 2018, it received notice of exercise from James Caird Asset Management (JCAM) to convert part of the loan with an aggregate par value of US$1mln into shares. Following this conversion, the value outstanding on the loan will be zero and the firm has today allotted 1,851,852 ordinary shares to JCAM.
Papua Mining PLC (LON:PML) has announced three director changes, with Michael Somerset-Leeke, Hugh McCullough and Kieran Harrington resigning from the board. The company added that it now intended to appoint one additional non-executive director to the Board as soon as practicable.
Corero Network Security PLC (LON:CNS), the global network security company, announced that the company will be presenting at the Mello South investor conference on Thursday 14 June 2018 to be held at the Hever Hotel, Hever Road, Hever, Edenbridge, Kent TN8 7NP.