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Proactive news snapshot: IXICO, Mkango Resources, Diversified Gas & Oil …

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

IXICO Plc (LON:IXI) has inked a contract with a top 10 pharmaceutical company to provide imagining services for a Pivotal Phase III clinical trial into Huntington’s disease.

Mkango Resources Ltd (LON:MKA)(CVE:MKA) has completed a major drilling programme at the Songwe Hill rare earths project in Malawi. The drilling programme totalled 10,891 metres and comprised 91 drill holes to a maximum depth of 220 metres.

Diversified Gas & Oil PLC (LON:DGOC) has reported on what is described as “a period of transformative growth” following its Alliance and CNX acquisitions. July’s deal to acquire US$575mln of assets from EQT Corporation came after the reporting period ended. Big Pic in July.

Silence Therapeutics PLC (LON:SLN) expects to kick off its first in-human clinical trial in the second half of next year.

Sareum Holdings Plc (LON:SAR) has highlighted the progress made by its in-house and out-licensed drug programmes over the past year.

Seeing Machines Limited (LON:SEE) shares rose in early trading Tuesday after it unveiled a retrofit backup-driver monitoring system (BdMS) for autonomous vehicles in response to what it said was “clear demand” from the sector.

Belvoir Lettings PLC (LON:BLV) posted strong first half profits growth as its franchise network continued to expand. The group now has 61,000 properties under its management, making it the second in the lettings market behind struggling Countrywide.

Haydale Graphene Industries PLC (LON:HAYD) had mixed contract news. On the plus side, the group’s silicon carbide division has signed an enhanced four-year contract for industrial tools coatings worth US$3.3mln. Overshadowing this though was a disappointing trial with glass fibre pipe maker Amiblu, better known as Flowtite, though discussions will resume next quarter about how to move forward.

Argo Blockchain PLC (LON:ARB), a UK-based provider of cryptocurrency mining services, has announced the introduction of two new coins to its platform, increasing the total number of alt-currencies available for mining by subscribers to six.

KR1 Plc (AQSE:KR1) has splashed out US$400,000 (£307,500) on three investments in the blockchain sector in businesses looking to disrupt the radio beacon, internet and insurance markets. This follows a range of investments made by the firm in July in areas such as supercomputers and Internet of Things communications.

Katoro Gold PLC (LON:KAT) executive chairman Louis Coetzee highlighted an already “highly active” year as the Tanzania-focused explorer released results for the first half. The company, in the interim statement, described ‘positive progress’ in its efforts to build a diversified mining portfolio.

Eco Atlantic Oil & Gas Ltd (LON:ECO, CVE: EOG) has revealed the findings of a new resource estimate which underlines the potential for a big possible future at the Orinduik license, offshore Guyana. Orinduik has been estimated to contain potentially 2.9bn barrels of crude across ten exploration leads. It would mean that Eco’s 40% stake in Orinduik would equate to some 1.16bn barrels.

Arc Minerals Ltd (LON:ARC) has intersected extensive copper and cobalt mineralisation in drilling at the Kalaba prospect in Zambia, part of the larger Zamsort project. All four of the reverse circulation holes drilled intersected copper and cobalt mineralisation.

Metal Tiger PLC (LON:MTR) has been granted approval from the Department of Environmental Affairs in Botswana for its environmental management plan relating to drilling part of the T20 Dome Complex, which is highly prospective for copper. Metal Tiger holds its interest in T20 in joint venture with MOD Resources Ltd (ASX:MOD).

Thor Mining PLC (LON:THR) (ASX:THR) has noted the announcement of 7 September 2018 by Hawkstone Mining Limited (ASX: HWK) that the restructured, conditional agreement for the acquisition of 100% of the shares of USA Lithium has been completed. Thor said it expects to be issued 7,812,500 shares in Hawkstone representing its portion of the initial consideration shares. It added that under its original acquisition agreement to acquire the interest in USA Lithium from Pembridge Resources PLC (LON: PERE), Thor is required to return 5% of disposal proceeds to Pembridge.

Flying Brands Limited (LON:FBDU), the state of the art medical software and services focused firm, has said it was notified on 10 September 2018 that Nick Stevens, CEO to Stone Checker Software Ltd, acquired 1,200,000 ordinary shares in the company, representing 1% of its issued share capital, at a price of 2.5p per share. Previously to this notification, the group added, Stevens held 2,000,000 ordinary shares in the company, and therefore his total shareholding now represents 2.66% of the company's issued share capital.

Block Energy Plc (LON:BLOE), the exploration and production company focused on the Republic of Georgia, has announced the appointment of BDO UK LLP as the company's auditor with immediate effect. The group said BDO will perform the audit of the company's Report and Accounts for the financial year ended 30 June 2018.

88 Energy Limited (LON:88E) (ASX:88E) has confirmed that the company's latest corporate presentation is now available on the 88 Energy website.

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