Motif Bio Plc (LON:MTFB) (NASDAQ: MTFB) said the US regulator has begun the process of assessing whether the company’s next-generation antibiotic should be allowed to go on sale in America. Motif drug iclamprim has been granted a priority review by the Food & Drug Administration (FDA) with a decision deadline, known as a PDUFA date, of February 13 next year.
Remote meetings firm LoopUp Group PLC (LON:LOOP) is on track to meet market expectations this year following the acquisition of MeetingZone which is settling in better than had been expected.
KEFI Minerals plc (LON:KEFI) has appointed a Head of Project Implementation to oversee development of the company’s Tulu Kapi gold project in Ethiopia. A construction oversight team has also been appointed and has begun to engage with the principal project contractors Lycopodium and Ausdrill.
Pawnbroking firm H&T GROUP PLC (LON:HAT) continued to achieve growth from all of its core revenue streams in the first half of 2018.
Tekcapital PLC (LON:TEK) has reported a jump in revenue from services in the first half of the year as the value of its portfolio companies expanded.
Staff vetting specialist ClearStar Inc (LON:CLSU) has been appointed preferred provider by business jet group Gulfstream. ClearStar already handles Gulfstream’s direct hires but in future fifty contract labour suppliers will be asked to use its screening service as well.
Arc Minerals Ltd (LON:ARCM) shares advanced as it revealed the findings of a drill programme on the Kalaba prospect, part of the Zamsort copper-cobalt project. The company said the programme is progressing well, with ten drill holes to date completed for a total of 1,435 metres.
Telit Communications Plc (LON:TCM) has confirmed the appointment of Paolo Dal Pino as the company’s new non-executive chairman, effective from 1 September. He replaces Simon Duffy who having been named interim chairman in June will subsequently revert to his prior position as senior independent non-executive director.
Live Company Group Plc (LON:LVCG) has simultaneously run two events of its BRICKLIVE brand to bolster its presence in the Japanese market.
Wolf Minerals Ltd (LON:WLFE) has executed its previously announced debt restructuring deal which involves the deferred payment of principal, interest and other amounts due at the end of July 2018. To underpin this, the company has received guarantor consent from the German government’s United Loan Guarantee Scheme.
Premier African Minerals Ltd (LON:PREM) is raising £750,000 before expenses at 0.18p per share. The money raised will be allocated to the restructuring and ongoing holding costs of the RHA tungsten mine and plans to bring it back into production.
Touchstone Exploration Inc (LON:TXP) (CVE:TXP) on Tuesday confirmed strong production growth in the first half of the year and told investors that it will now expand its new drilling plans for the remainder of the year. The Trinidad-focused junior oiler intends to drill an additional four wells in the campaign, before the year’s end.
Galileo Resources PLC (LON:GLR) is to undertake a second diamond-drilling programme on its highly prospective 85%-owned Star Zinc project in Zambia. The programme will comprise about 1,000 metres of diamond core drilling to depths of up to 80 metres, with average depth likely to be around 60 metres.