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The Markets
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The Markets
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Proactive news snapshot: Ceres Power, Immotion Group, MySQUAR, Physiomics...

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

Ceres Power Holdings Plc (LON:CWR) has announced it will launch a new fuel cell manufacturing facility in the UK in Redhill, Surrey.

Out-of-home virtual reality company Immotion Group PLC (LON:IMMO) has disposed of its loss-making Japanese entertainment division.

MySQUAR Limited (LON:MYSQ), the Myanmar-language technology company is to sell and promote WeChat advertising products and services in Myanmar.

Physiomics Plc (LON:PYC) saw revenues almost double last year, bolstered by the signing of a lucrative contract with German firm Merck KGaA.

MTI Wireless Edge Ltd’s (LON:MWE) subsidiary, Mottech Water Solutions Ltd, has secured a contract for its wireless irrigation software in Mozambique, its first in the country.

Base Resources LTD (LON:BSE) has provided an update on reserves and resources at its mineral sands projects in Africa. Around 13mln tonnes of ore was mined out in the 12 months to June 2018 at Kwale, but this has been made up for by the new 857mln tonne resource in Madagascar.

Ironridge Resources LTD (LON:IRR) has hit more high grade lithium at its Ewoyaa project in Ghana. Results from a further 2,206 metres of drilling include multiple broad high-grade drill intersections.

PCF Group Plc (LON:PCF) said its wholly-owned PCF Bank Limited has agreed to buy UK specialist finance provider Azule Limited for up to £5.6mln.

hVIVO PLC (AIM:HVO), a specialist in human disease models, said it is in talks with pharmaceutical companies over further deals after landing new contracts worth £9mln.

North Sea-focused oil group i3 Energy PLC (LON:I3E) has reshuffled its senior management team with Majid Shafiq taking over as chief executive and founder Neil Carson moving to a non-executive role.

Active Energy Group PLC (LON:AEG) has updated investors on its interest in Canada where it is now amending its application to the province of Newfoundland and Labrador, to focus exclusively on forestry opportunities and the development of one or more dedicated CoalSwitch plants.

In the financial year to 30 September 2018, Tharisa plc (LON:THS) produced 152,200 ounces of platinum group metals and just under 1.5mln tonnes of chrome concentrate from its operations in South Africa.

KEFI Minerals plc (LON:KEFI) has secured approval from local, zonal and regional authorities for the resettlement of local people at the Tulu Kapi gold project in Ethiopia.

Arc Minerals Limited’s (LON:ARCM) recent drilling at its Zamsort project has hit wide zones of copper and cobalt similar to other large deposits in Zambia.

BlueRock Diamonds PLC (LON:BRD) achieved record production numbers from its Kareevlei diamond mine in South Africa last quarter.

Cradle Arc Plc (LON:CRA) shares jumped in late-afternoon trading Monday after it secured a loan facility to improve processing facilities at its Mowana copper project in Botswana.

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