Thor Mining PLC (LON:THR) (ASX:THR) shares jumped on Friday as the company announced it has terminated plans to sell its stake in USA Lithium to Hawkstone Limited (ASX:HWK) and is considering disposal alternatives and operational opportunities for its projects.
Echo Energy Plc (LON:ECHO) has told investors that it is changing its drill plans in Argentina to accelerate the Fracción D asset. The company recently completed a successful well test on the CSo-85 well, which had been the subject of a work-over, and, it has now decided to substitute the fourth and final slot in the present Fracción C and Laguna de Los Capones drill programme with a new well at Fracción D.
Sound Energy PLC (LON:SOU) told investors that it has identified and finalized the location for its proposed TE-9 exploration well. TE-9 will test the A1 exploration prospect in the Tendrara-Lakbir permit, Eastern Morocco.
KEFI Minerals plc (LON:KEFI) is looking to raise a total of £5.5mln through a share placing and subscription which should entirely now fund its fund its Tulu Kapi Gold Project in Ethiopia The AIM-listed gold exploration and development company said it has conditionally raised £3mln through a placing of 120mln new ordinary shares at a price of 2.5p each to existing and new shareholders.
Silence Therapeutics PLC (LON:SLN) is presenting data to an industry conference on its lead drug that suggests it is a "promising candidate" for the treatment of iron overload and anaemia. Researchers have been assessing its potential use in Beta-Thalassemia - a blood disorder reduces the production of haemoglobin - and related ailments.
Orosur Mining Inc (LON:OMI) is carrying out a review of its operations at the San Gregorio gold mine in Uruguay.
Southend Airport owner Stobart Group Ltd (LON:STOB) has written to shareholders explaining why former chief Andrew Tinkler was sacked from his executive duties and the board yesterday. Tinkler has called for chairman Iain Ferguson to be replaced by Philip Day at the AGM on 6 July.
Live Company Group Plc (LON:LVCG) said its subsidiary, Brick Live International Limited (BLI), has entered into a new licence and content lease with two South Korean companies.
Falcon Media House Limited (LON:FAL) said it has raised £500,000 through the issue of convertible loan notes, with the funding is conditional on the company proposing to noteholders that the conversion price be adjusted to 1.5p. The group said the resolution, if passed, will amend the maximum dilution possible should all notes be converted.
Summit Therapeutics PLC (LON:SUMM) (NASDAQ:SMMT), announced that Glyn Edwards, the firm’s chief executive officer, will present at the JMP Securities Life Sciences Conference on 21 June 2018 at 9:30am EDT in New York City.
Seeing Machines Limited (LON:SEE) announced that it has made a conditional award of performance rights in respect of up to 63,176,250 ordinary shares in the company including Paul Angelatos, SVP and GM Fleet, Rail and Off-Road Applications.
Sareum Holdings Plc (LON:SAR) announced that henceforth WH Ireland Limited will act as its nominated adviser and Hybridan LLP will act as sole broker to the company.