Ceres Power Holdings Plc (LON:CWR) has revealed a strategic partnership with leading technology and electricals firm Robert Bosch GmbH, which will include a £9mln investment from the German firm. The companies have, in fact, already been working together for several months through an initial agreement announced in January, however, Bosch was not named at the time for confidentiality reasons.
IXICO Plc (LON:IXI) has said its performance for the current financial year is now expected to be “ahead of market expectations” after forecasting revenue growth of nearly 25%.
Sound Energy PLC (LON:SOU) told investors it has now completed its seismic data acquisition programme in eastern Morocco. The company, in a statement, said that it had captured data covering some 2,850 line kilometres and that the programme was delivered on budget and with zero lost time incidents.
Collagen Solutions PLC (LON:COS) has signed distribution agreements with two new Chinese channel partners as it looks to grow its presence in what is a “significant territory” for the regenerative medicines maker.
Mkango Resources Ltd (LON:MKA) has hit high grade rare earths across significant widths at the Songwe Hill project in Malawi.
Among the highlights from the first eight holes were 147.2 metres grading 1.6% total rare earth oxides (TREO) and 91 metres grading 1.5% TREO.
AdEPT Telecom LC (LON:ADT) has issued 200,000 share options to the managing directors of its subsidiaries, Our IT Department and Atomwide.
The options have an exercise price of 353p and have been isused to further align the interest of senior employees with shareholders and to promote the retention of the firm’s senior management team.
Shares in Thor Mining PLC (LON:THR) have been placed in a trading halt on the ASX, requested by the Company pending the release of an announcement in relation to an upgraded definitive feasibility study on the Molyhil project.
Robert Price, the chairman of Highlands Natural Resources Plc (LON:HNR), has revealed that fracking has just commenced at six new wells at the East Denver Project, one of two projects within the Colorado Shale division.
Tharisa plc (LON:THS) said it is continuing talks to work out the details of its proposed acquisition of a 90% stake in Salene Chrome Zimbabwe (Pvt) Limited from Leto Settlement. The company said once the parities agree on certain aspects of the deal, a circular will be sent to shareholders.
Technology and life sciences incubator Amphion Innovations Plc (AIM: AMP) has sold shares in an investee company to repay a tranche of a long-standing loan.It will receive around £1mln for stock in Motif Bio Plc (LON:MTFB), bringing its holding in the developer of a next-generation antibiotic down to 8.5%. The line of stock, which had a book value of £1.04mln, was sold at 33.5p a share.
Strat Aero PLC (LON:AERO) and Braveheart Investment Group (LON:BRH) have brokered a deal that will see the former take control GyroMetric Systems Limited. GyroMetric has technology that digitally assesses rotating shafts and, for Strat Aero, the deal is part of its strategy to move into areas that revolutionise monitoring and inspection.
Lionsgold Ltd (LON:LION) said on Tuesday that it expects readmission to trading on London’s junior market AIM in the fourth quarter, instead of late in the third quarter.
The group said it is working with advisors on the process required for readmission to AIM.
Asiamet Resources PLC (LON:ARS) has appointed Berenberg as its joint broker with immediate effect.
Cadogan Petroleum PLC (LON:CAD) achieved a 64% jump in first-half production, driven by a successful workover campaign on the three producing wells of the Monastyretska licence in Ukraine. The oil and gas company said the average net production rate over the six months to June 30 was 234 barrels of oil equivalent per day (boepd).
Legendary Investments plc (LON:LEG) has reported a swing to profit in its full year results while also proposing a name change to Eight peaks Group PLC. The AIM-listed investment firm, which focuses on small companies and start-ups, reported a pre-tax profit of £664,000 for the year, up from a £281,000 loss in 2017, while the value of its investment grew 44% to £6.2mln.