Restaurant booking app BigDish Plc (LON:DISH) will rebrand its recent acquisition Tablepouncer as it starts a roll-out across the UK. The UK restaurant market is ripe for disruption says Joost Boer, BigDish’s chief executive and Tablepouncer has given it an immediate foothold here.
InnovaDerma PLC (LON:IDP) is to sell its fast-growing Roots haircare range through Tesco stores from November. The supermarket will stock the product in 432 of its largest stores in the initial launch.
Galantas Gold Corp (LON:GAL) told investors that the Omagh mine’s gold processing plant has now started operations, from the underground development of the Kearney gold vein. The plant was recently upgraded, so it’s expected to operate part-time until late 2018 or early 2019 when stoping (bulk mining) begins.
Alba Mineral Resources PLC (LON:ALBA) saw its shares jump higher on Wednesday afternoon after it was announced that the Brockham Oil Project was today granted planning approval by Surrey County Council.
Genedrive PLC (LON:GDR) has partnered with the Foundation for Innovation of New Diagnostics (FIND) in a study agreement to evaluate its hepatitis C virus (HCV) identification kit.
Abzena plc (LON:ABZA) has successfully manufactured a potential new cancer drug that incorporates the company’s Composite Human Antibody platform. The ‘Abzena Inside’ technology was deployed to enhance Clevegen, a pre-clinical treatment being developed Faron Pharmaceuticals (LON:FARN).
Motif Bio Plc (LON:MTFB, NASDAQ:MTFB) said the grant of two US patents pushes its exclusivity over antibiotic iclaprim out to 2037. It follows what’s called a notice of allowance for patents governing the drug’s use to treat bacterial infections, including acute bacterial skin and skin structure infections, hospital-acquired bacterial pneumonia and Staphylococcus aureus lung infections in patients with cystic fibrosis.
BATM Advanced Communications Limited (LON:BVC) said it had entered a memorandum of understanding with Cellcom Israel Ltd to acquire its stake in the Israel Electric Corporation (IBC) for US$3.2mln. The telecoms and medical systems firm said the sale of its 7.5% interest in IBC would be subject to regulatory approval but was expected to occur in the first half of 2019.
Rainbow Rare Earths Ltd (LON:RBW) has signed a cooperation agreement with TechMet Limited to fund a Definitive Feasibility Study (DFS) for downstream rare earth separation. The rare earth metals miner said it would form a joint venture with TechMet to undertake the DFS, which would be fully funded by TechMet following an initial scoping exercise on a reimbursable carry basis of up to US$3mln. Rainbow also raised around US$1.5mln through a placing of new shares at a price of 12p each, a 3% discount to the company’s last close price of 12.3p.
Plexus Holdings PLC (LON:POS) has received a second order for its POS-SET connector for well abandonment operations in the North Sea.
African Battery Metals Plc (LON:ABM) has agreed two acquisitions, picking up Cobalt Blue Holdings (CBH) and Regent Resources Interests Corp (RRIC), which own highly prospective cobalt-nickel exploration assets in Cameroon and Cote d'Ivoire. The company said that it will diversify the geo-political and commodity exposure.
Solo Oil PLC (LON:SOLO) confirmed that Alastair Ferguson has now taken over as non-executive chairman and Neil Ritson has retired as executive chairman and as a director of the company and will assume the role of technical advisor. The group said Dan Maling, previously the company's finance director, will take on the role of managing director with immediate effect.
Franchise Brands PLC (LON:FRAN) has announced that from today until 31 December 2018 it will commence a discretionary programme to purchase ordinary shares in the company, up to a value of £200,000.
Strategic Minerals Plc (LON:SML), a producing mineral company actively developing projects prospective for battery materials, announced that Peter Wale has been appointed an executive director of the company with immediate effect. The group said the appointment from his previous position as a non-executive director is reflective of Wale’s increased involvement with the company.
Broker Alternative Resource Capital (ARC) has initiated coverage of AIM-listed miner Mkango Resources Ltd (LON:MKA), saying its Songwe Hill project in Malawi is “globally significant” for the rare earth elements (REE) market.
Bluejay Mining PLC (LON:JAY) shares rallied on Wednesday following recent falls as 'house' broker SPAngel repeated a ‘strong buy’ rating on the stock with a target price of 45p.