Tlou Energy Ltd (LON:TLOU) has told investors that it is one of two companies that have been invited to re-tender for a coal-bed-methane fuelled power projects in Botswana. A meeting is now due to take place with the Botswana government on 9 August, ahead of a submission deadline of 12 September. Big Pic in February.
Seeing Machines Limited (LON:SEE) has secured a program design contract to deliver its driver monitoring system (DMS) in partnership with a Tier 1 Chinese original equipment manufacturer (OEM). Big Pic in February.
Cabot Energy PLC (LON:CAB) has announced the appointment of James Dewar as the company’s new interim chairman. "We are delighted that James has agreed to join the board. James is a recognised expert in the field of corporate governance, finance, accounting and control, with extensive industry experience. Everyone on the management team looks forward to working with him,” said chief executive Scott Aitken. Big Pic in January.
PowerHouse Energy Group Plc (LON:PHE), in a statement ahead of today’s AGM, told investors that it is on track with the engineering design for its DMG technology, which can convert waste plastics and used tyres into energy. “The generic Front End Engineering Design (FEED) Engineering is now complete, allowing initial safety design reviews and independent third party design reviews to be initiated on schedule,” the company said.
Greatland Gold plc (LON:GGP) has raised £2.65mln of new ‘strategic’ financing to allow an acceleration of exploration efforts at the Havieron and Black Hills prospects in Australia. It is issuing some 212mln new shares priced at 1.25p each.
i3 Energy PLC (LON:I3E) told investors on Friday that “significant progress” had been made with its proposed joint venture farm-in deal for the Liberator and Liberator West blocks in the UK North Sea. The oil and gas company said it expects to sign a legally binding farm-out agreement (FOA), a joint operating agreement (JOA) and other legal documentation with an unnamed firm before the end of the exclusivity period, which runs to September 24.
Chaarat Gold Holdings Limited (LON:CGH), the exploration and development company focused on the Kyrgyz Republic, has announced a number of senior management changes. Christopher Eger has been appointed as chief financial officer and Dmitry Yudin as head of strategy and business development.
The so-called “put up or shut up” (PUSU) deadline for the prospective bid for Action Hotels PLC (LON:AHCG) has been extended to August 9. Under the terms of the UK Takeover Code, Action Group Holdings, which is mulling making an offer for Action Hotels, had been obliged to clarify its intentions by no later than 5.00pm today, but the Panel on Takeovers and Mergers has agreed to extend it by 13 days.
UK property company Custodian REIT PLC (LON:CREI) has purchased a car dealership in the Shrewsbury area for £1.67mln, at an initial yield of 6.75%. Big Pic in June.
Greencoat UK Wind PLC (LON:UKW), the renewable infrastructure fund, saw its net asset value (NAV) per share rise 2.9p to 114.1p in the first half of 2018. Big Pic in February.
DP Poland PLC (LON:DPP) should get a boost from the exit from the Polish market of cut-price competitor Telepizza, according to broker Peel Hunt. Telepizza has 107 stores and is one of DP Poland’s larger competitors, but these are being sold to Amrest, which runs Pizza Hut Poland.
Premier African Minerals PLC (LON:PREM) has identified four alternatives to restart its RHA tungsten mine in Zimbabwe. Engineers are now considering which of the options would involve the lowest capital cost and shortest timeframe. Big Pic in March.
Cadence Minerals Plc (LON:KDNC) (OTC: KDNCY) said it is pleased to note that investee company Auroch Minerals (ASX:AOU) has received permitting approval to commence a maiden drilling programme at its Arden Base-metals Project in South Australia. Cadence currently owns approximately 7% of the equity in Auroch Minerals.
Kibo Mining PLC (LON:KIBO) has announced that effective immediately, its new legal advisors for the Mbeya Coal to Power Project (MCPP) will be Hogan Lovells International LLP. replacing Norton Rose Fulbright (NRF). The firm said, after the senior partner responsible for the MCPP at NRF recently joined Hogan Lovells the company decided to follow to ensure continuity and stability in the ongoing sensitive legal work related to the MCPP PPA negotiations. Kibo also announced that an updated corporate presentation is now available to view on the company’s website.
Maistro PLC (LON:MAIS), the AI-powered, global B2B Marketplace for business services, and Odesma, the management procurement consultancy, today announced a commercial partnership to accelerate and optimise the procurement of business services. Through the partnership, Maistro and Odesma said they will offer their customers a streamlined approach to evaluate the way they procure complex business services as well as the opportunity to immediately create operational efficiencies through improved AI-powered services procurement.