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The Markets
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The Markets
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Proactive news snapshot: Mirada, Touchstone Exploration, Seeing Machines …

A glance at some of the day's highlights from the Proactive Investors newswire

Shareholders in group Mirada Plc (LON:MIRA) have been asked to approve majority control passing to its three main backers. The over-the-top streaming software group borrowed US$1.7mln from a consortium of major shareholder Ernesto Tinajero, Enrique Septien, and Luis Martinez in November via a convertible loan. Back Pic in March.

Touchstone Exploration Inc (LON:TXP) (TSE:TXP) told investors that production in the second quarter averaged 1,717 barrels per day thanks in part to the success of four wells drilled last year and as new wells drilled this year come online. It marks an 11% improvement from the first quarter and 29% versus the comparative quarter of 2017. Big Pic in July.

Seeing Machines Limited (LON:SEE) has arranged and completed a workshop aimed at improving the training of pilots in the aviation industry, with three aircraft operators at the event recognising the need for eye-tracking technology. Big Pic in February.

Rockfire Resources Plc shares rose more than 17% after the company successfully raised £405,000 through a share placing to fund its accelerated exploration plans during the remainder of 2018. The gold, copper and silver explorer said it had placed 30mln new ordinary shares at a price of 1.35p each.

Scancell Holdings Plc (LON:SCLP) has extended its collaboration with the rheumatology unit of the Karolinska Institute, Sweden’s world-leading medical research university. The pair will focus on broadening the applications for Scancell’s Moditope platform, building on a relationship that’s been in place for more than two years. Big Pic in January.

Argo Blockchain PLC (LON:ARB), provider of cryptocurrency mining services, is tapping into one of the cheapest clean energy sources in the world. For it has signed a deal providing 9.5 megawatts of power with GPU.One, a Canadian data centre hosting company. Big Pic awaited.

Investors in Sareum Holdings Plc (LON:SAR) received an update on the company’s most advanced drugs candidate via Sierra Oncology (NASDAQ:SRRA), the NASDAQ-listed group with which Sareum has a licensing deal. SRA737 is a checkpoint kinase-1 (Chk1) inhibitor, one of a new breed of cancer treatments, and is currently phase I/II trials targeting various strains of the killer disease.

Mkango Resources Ltd (LON:MKA) has updated on a major diamond drilling programme at its Songwe Hill Rare Earths project in Malawi. The AIM-listed miner said a total of 6,558m of drilling had been completed as of August 8, comprising 52 drill holes to a maximum depth of around 220 metres, with multiple zones of carbonatite, the primary host rock for rare earth mineralisation at Songwe, being intersected. Big Pic done on Monday.

Caledonia Mining Corporation PLC (LON:CALE) told investors that gold output was marginally higher in the first quarter of 2018, in line with expectations. Nonetheless, it came despite difficult operational circumstances. Big Pic down on Wednesday.

Peel Hunt has initiated coverage of Learning Technologies Group PLC (LON:LTG) with a ‘buy’ recommendation and a 140p target price. The broker’s analysts noted the recent acquisition of PeopleFluent has extended LTG's offering "into human capital management and has expanded its client base in the US."

dotdigital Group PLC (LON:DOTD), the leading omnichannel marketing automation platform, has announced that co-founder Simon Bird has informed the company that he wishes to step down from the board with immediate effect to pursue other business opportunities.

Motif Bio Plc (LON:MTFB) (NASDAQ:MTFB), the clinical-stage biopharmaceutical company specialising in developing novel antibiotics, has announced that the company will participate at the following investor events in August and September - 8th Annual Solebury Trout Hamptons CEO Roundtable, August 16, 2018, Bridgehampton, NY; H.C. Wainwright 20th Annual Global Investment Conference, September 4-6, 2018, New York, NY.

BB Healthcare Trust PLC (LON:BBH) said its monthly factsheet for July 2018 is now available on the company’s website.

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