Capital Drilling Ltd (LON:CAPD) has upgraded its revenue guidance after a buoyant first half. It expects turnover to be in the US$105-US$115mln range, up from a previous forecast of US$100-US$110mln. The company will update on its performance in the first six months of the financial year on July 10.
Arc Minerals Ltd (LON:ARCM) has increased its ownership of Zamsort Limited to 61%, following the acquisition of an additional 6% interest from two separate shareholders of Zamsort and appointed a new drilling contractor.
Iodine extraction specialist Iofina plc (LON:IOF) had good news and bad news for its shareholders as it reiterated its full-year production guidance and revealed it, along with other producers, had been hit with "dumping duties" by China.
OptiBiotix Health plc (LON:OPTI) has signed an exclusive deal with John Morley Foods to manufacture and supply SlimBiome in muesli packs within the UK.
Braveheart Investment Group PLC (LON:BRH) has reported nearly double profits in its full-year results following a jump in the value of its investments.
SDX Energy Inc (LON:SDX, CVE:SDX) has announced a new gas discovery, in the SD-4X well at the South Disouq Concession, in Egypt. The well was drilled down to a depth of 7,806 feet and it encountered 89 feet of net conventional natural gas pay in the Abu Madi horizon.
88 Energy Ltd (LON:88E) has confirmed that nitrogen lift operations have begun, to support the ongoing programme at the Icewine-2 well in Alaska. The company continues to recover fluids injected previously through fracking and a hydrocarbon flow has yet to be measured (other than gases associated with the process).
App monitoring service AppScatter Group PLC (LON:APPS) still hopes to get itself its £13.5mln acquisition of German firm Priori Data across the line. appScatter had initially hoped to complete the takeover by the end of May but it pushed this back to June 15 as it waited on confirmation that investors who took part in a £15mln placing to fund the acquisition were entitled to certain tax benefits.
Directa Plus Plc’s (LON:DCTA) chairman Sir Peter Middleton says momentum has been maintained after the progress in 2017 for the graphene enhancement specialist. “We have a strong pipeline of opportunities for near-term commercial progress and continue to broaden our portfolio of patents with two granted in 2018 covering our non-toxic flame retardancy composition for the textiles market and our new graphene-based solution for enhancing the performance of tyres, which were awarded by the US and Italian patent offices respectively.
Avation PLC (LON:AVAP) has announced it has acquired and leased one factory new C Series CS300 aircraft to airBaltic, the Latvian hybrid carrier. The commercial passenger aircraft leasing company said the lease commenced on 15 June 2018 and is for 12 years and is at market lease rates.
Shares in Greatland Gold plc (LON:GGP) headed higher in early deals as it commenced its first exploration campaign at its Black Hills licence in the Paterson region of Western Australia.
Erris Resources plc (LON:ERIS) has identified a series of anomalies indicative of gold mineralisation in a ground magnetic survey at its Brännberg gold project in Sweden. The company is in joint venture with Centerra Gold (TSE:CG) at Brännberg, with Centerra providing US$1.85mln in funding during 2018 for exploration.
Wishbone Gold PLC (LON:WSBN) booked sales of US$8.2mln in the year to December 2017, almost double the US$4.2mln booked in the previous year. Admin costs were down, and the company held just over US$250,000 at the period end. Chief executive Richard Poulden said the company had built "a solid trading base for the future."
Irish explorer Providence Resources PLC (LON:PVR) has announced the earlier than expected start to an offshore survey. The Gardline M/V Kommandor survey vessel has started mobilisation ahead of data acquisition across Frontier Exploration Licence 6/14 which includes the Newgrange Prospect.
Canada-focused oil group Cabot Energy PLC (LON:CAB) has seen a boardroom reshuffle with Keith Bush, chief executive, and Nicholas Morgan, finance director, stepping down. Scott Aitken, currently the chief executive of Cabot’s 58% majority shareholder High Power Petroleum, is to become CEO, while non-exec Petro Mychalkiw will become chief financial officer.
Cradle Arc Inc (LON:CRA) chief operating officer Mark Jones will become the director of business development, focusing on seeking growth opportunities similar to the Mowana copper mine in Botswana. The base and precious metals explorer said Jones will evaluate prospective assets in Africa that complement the company’s existing portfolio.
Thor Mining PLC (LON:THR) reassured investors following a 50% drop in its share price by saying it remains well-funded to support work programmes and has seen “considerable progress” across key projects. The group has seen its market value fall from £25mln in early February to just under £13mln today amid challenging conditions in the junior resource sector and in the wake of the administration of UK broker Beaufort Securities.
Connemara Mining PLC (LON:CON) has announced that first new hole at Stonepark Zinc Project intersected 32.2% combined zinc and lead over 5.4m. The AIM-listed firm said G-11-2638-01 intersected 5.40m of 25.0% zinc and 7.2% lead (32.2% Zn+Pb combined) and 12.2g/t silver, with true width estimated at 4.9m, verifying one of the high-grade zones within the Stonepark resource.
Under the terms of the US$5mln convertible debt funding deal announced last November, Solo Oil PLC (LON:SOLO) has allotted 3.39mln shares at 2.56p each. YA II PN Ltd and Cuart Investments PCC Ltd have elected to convert a small portion of the loan, with an aggregate par value of US$116,168, into equity.
Minds + Machines Group Limited (LON:MMX), one of the world's leading owners and operators of Internet Top-Level Domains, announced that, further to its announcement of 4 May 2018, it has now received approval from the Internet Corporation for Assigned Names (ICANN), allowing the acquisition of ICM Registry LLC to complete.
Touchstone Exploration Inc. (LON:TXP) (TSX:TXP) has announced a one-year extension of its US$15mln term credit facility maturity date until November 23, 2022, with no mandatory principal payments to be made until January 1, 2020. Touchstone is then required to repay US$810,000 per quarter commencing on January 1, 2020 through October 1, 2022, and the then outstanding principal balance is repayable on the maturity date. In addition, the amended term credit facility removes the minimum US$5mln quarterly cash reserves financial covenant. As consideration, the company paid the lender a financing fee of US$150,000.
Scotgold Resources Limited (LON:SGZ) has announced the appointment of Peter Hetherington, chief executive officer of IG Group Holdings PLC (LON:IGG), and Bill Styslinger III, a director of Nasdaq listed Casa Systems Inc., as non-executive directors of the company with immediate effect. The firm also said it is to appoint the Perth-based affiliate of BDO International as its auditors.
European Wealth Group Limited (LON:EWG), the integrated wealth management group, has announce the appointment of Jonathan Freeman, currently the non-executive chairman of PhotonStar LED Group PLC (LON:PSL), as a non-executive director.
Metminco Limited (LON:MNC) (ASX:MNC) announced that it has appointed Stockdale Securities Limited as its joint UK broker with immediate effect.
Papua Mining, the AIM-listed copper and gold exploration company, announced that all resolutions were duly passed at the company's annual general meeting held today, including the name change to Rockfire Resources PLC. Following the meeting, the firm said it will a new corporate presentation to shareholders will be available online.
Chaarat Gold Holdings Limited (LON:CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, announced it will co-host the second annual Investment Forum on 28 June 2018 with the Embassy of the Kyrgyz Republic and the European Bank for Reconstruction and Development (EBRD) entitled "The Kyrgyz Republic - Central Asia's next emerging market".
APQ Global Limited (LON:APQ), the AIM-listed emerging markets growth company announced that, as at the close of business on 31 May 2018, its unaudited book value was US$111.74 per ordinary share, equivalent to £83.98.