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The Markets
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The Markets
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Proactive news snapshot: 88 Energy, Corero Network Security, Directa Plus …

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

88 Energy Limited (LON:88E) has told investors that its 3D seismic inversion work is now substantially complete across both the shallow and deep horizons for its conventional exploration assets at Project Icewine, on Alaska’s North Slope.

Recovery play Corero Network Security PLC (LON:CNS) was on the rise again on Tuesday after announcing two orders worth US$1.0mln. The company received a U$600,000 order for its 100 gigabytes per second (Gbps) SmartWall Threat Defense System technology from a global cloud security company and a U$400,000 follow-up order for Corero’s 10Gbps SmartWall technology from an existing customer.

An Italian workwear maker is paying €500,000 to use Directa Plus Plc’s (LON:DCTA) graphene technology in thousands of its garments over the next two years.

Publishing group Bloomsbury Publishing PLC (LON:BMY) is trading in line this financial year, with half-year adjusted profits before tax ahead of last year.

Greatland Gold PLC (LON:GGP) said the first round of sampling results from its Scallywag target has reinforced the potential of copper, silver and gold mineralisation. The Scallywag target is located within the company’s wholly-owned Havieron licence at the Paterson project in Western Australia.

Collagen Solutions PLC (LON:COS) expects to report a surge in revenues when it publishes its first-half results at the beginning of December.

StatPro Group PLC (LON:SOG) has secured a five-year contract with a large South African financial institution for its Infovest service, worth roughly £1.0mln.

Belvoir Lettings PLC (LON:BELV) is to advertise all of its properties on digital property platform OnTheMarket PLC (LON:OTMP). With 61,000 properties, franchise group Belvoir is the UK’s second largest letting agency and will actively promote the portal with digital and branch-based marketing activity.

Arc Minerals LTD (LON:ARCM) is shortly to commence a comprehensive high resolution airborne geophysical survey over its Zamsort copper-cobalt project in Zambia. The survey will cover around 1,000 square kilometres.

Kibo Energy PLC (LON:KIBO) has released a questions-and-answers (Q&A) statement addressing a number of investor queries made to the gas-to-power company in recent weeks.

NQ Minerals PLC (LON:NQMI) (OTCQB: NQMLF), the mineral processing, exploration and mining company announced today that it has issued 541,666 new ordinary shares at a price equivalent to 15p per share to raise approximately £81,250 for working capital purposes.

WideCells Group PLC (LON:WDC) said that, following the financing agreement entered into by the stem cells services group and the European High Growth Opportunities Securitization Fund announced on 27 September 2018, it has now received a second notice from the investor in respect of the exercise of its conversion rights for the principal amount of £10,000.00 at a price per ordinary share of 0.03p resulting in the issue of 3,333,333 new ordinary shares.

MySQUAR Limited (LON:MYSR), the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, said it was today informed by MyPay Limited that as of 22 October 2018 MyPay no longer holds a notifiable interest in the shares of the company.

Custodian REIT (LON:CREI), the UK commercial real estate investment company, said its unaudited net asset value as at 30 September 2018 was 108.6p, up from 107.8p as at 30 June 2018.

Oracle Power PLC (LON:ORCP), the AIM-listed UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, announced today that it has appointed Strand Hanson Limited as its nominated adviser with immediate effect.

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