Summit Therapeutics PLC’s (LON:SUMM) new treatment for superbug C-difficile outperformed the current standard of care in its latest clinical trial. In the phase II CoDIFy trial, Summit’s drug, Ridinilazole, was more effective than the widely prescribed Vancomycin in preserving the gut microbiome, which is known to be important in protecting both against the initial infection and its recurrence.
ECR Minerals PLC (LON:ECR) told investors that it has secured an option over the Iceberg gold project in Western Australia. Iceberg comprises 3 tenement areas covering 137 square kilometres of ground immediately along strike and adjacent to the Tropicana gold mine which host some 8mln ounces of gold.
The Horse Hill production test has delivered positive results, with flows from the first section ahead of those seen in the prior 2016 programme. Production testing in the conventional Portland reservoir saw short-term, high rate tests with implied equivalent daily pumped rates between 401 and 414 barrels of oil per day (bopd) over two periods of six and two hours. Stakeholders Solo Oil PLC (LON:SOLO) and Alba Minerals Resources PLC (LON:ALBA) were on the front foot, rising by around 7.8% and 4% respectively.
Keywords Studios PLC (LON:KWS) is anticipating pre-tax profit growth of over 60% in the first half of the year as the firm’s numerous acquisitions began to contribute to its balance sheet.
PCG Entertainment Plc (LON:PCGE) has issued a statement in response to rumours it is contemplating a fund-raising. The company categorically denies these rumours. The statement noted that it current has more than US$1mln in cash.
The financial year just ended saw a sharp increase in sales for Seeing Machines Limited (LON:SEE), with sales in the second half 9% higher than in the first half.
Minds + Machines Group Limited (LON:MMX) has entered into an exclusive agreement to integrate the Ethereum blockchain into its upcoming top-level domain name ‘.luxe’.
Tekcapital PLC (LON:TEK) said its portfolio company, Lucyd Pte Ltd, has launched an online store to sell spectacles and smart glasses.
The latest trading update for S & U Plc (LON:SUS) once again suggested that Advantage Finance has no reverse gear, with the car finance arm continuing to rack up record profits.
Oracle Power PLC (LON:ORCP) has raised £450,000 of new capital to support efforts to advance coal to power partnerships in Pakistan with state-backed Chinese firms. It is placing 45mln new shares, priced at 1p each.
London’s first listed crypto-currency business made its debut Friday supported by some heavyweight cornerstone investors. Argo Blockchain PLC (LON:ARB) raised £25mln as institutions and influential high net worth backers got behind the company’s mining as a service (MaaS) business model.
Itaconix Plc (LON:ITA) confirmed that, further to its announcement on 12 July 2018, John Shaw has been appointed to the board as its chief executive officer with immediate effect. As previously announced, Shaw replaces Kevin Matthews, who has become the group’s executive chairman, a position he will hold until the end of 2018.
Baker Steel Resources Trust Limited (LON:BST) said its unaudited net asset value as at 31 July 2018 was 55.9p per ordinary share. The group noted that, since 29 June 2018, the group’s NAV per share has decreased by 2.0% primarily due to a fall in the value of AIM-listed Metals Exploration Plc.
88 Energy Limited (LON:88E) (ASX:88E) confirmed that the company's latest corporate presentation is now available on the company website.
Kibo Energy PLC (AIM:KIBO), the AIM-listed multi-asset, Africa-focused energy company, announced that its change of name to Kibo Energy has become effective immediately.