Proactive news snapshot: WideCells Group. Sunrise Resources, SIMEC Atlantis Energy …

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

Your daily round-up from the world of Proactive

WideCells Group PLC (LON:WDC) has streamlined its WideAcademy business, saving the stem cells services company around £400,000 a year.

Sunrise Resources Plc (LON:SRES) has completed commercial trials on bulk samples taken from the CS pozzolan-perlite project in Nevada.

SIMEC Atlantis Energy Limited (LON:SAE) has joined a joint venture (JV) that will develop a large scale tidal power project in Le Raz Blanchard, Normandy.

Rosslyn Data Technologies PLC (LON:RDT) has inked a contract to provide data analytics to one of Europe’s largest logistics firms. In a separate trading update, released later, Rosslyn Data’s chairman, John O’Hara said the group had “made good progress since the beginning of this financial year."

Graphene specialist Directa Plus Plc (LON:DCTA) has extended its partnership with Arvind, one of India’s largest textiles groups. In addition to making jeans and jackets, the pair will now work together to develop graphene-enhanced composite materials and water treatment services.

Pre-clinical data has shown that Scancell Holdings Plc’s (LON:SCLP) Modi-2 vaccine has the potential to treat different types of cancer than its forerunner.

Frontier IP Group Plc (LON:FIPP) is taking a 25% stake in Des Solutio, a green chemical products firm as part of a spin-out process.

Arix Bioscience Plc’s (LON:ARIX) investee company Aura Biosciences has reported positive results from the phase Ib/II clinical trial of its AU-011 eye cancer injection. AU-011 is made up of viral nanoparticles which latch onto and, once activated by an ophthalmic laser, kill cancer cells in the back of the eye.

MySQUAR Limited (LON:MYSQ), the Myanmar-language mobile internet technology firm, has raised £600,000 through a share placing.

Junior miner Vast Resources PLC (LON:VAST) has secured the US$1mln it needed from institutional investors to retain its 29.41% stake in the Blueberry gold project in Romania. Last month, the AIM-quoted company confirmed that one particular investor had indicated it would be prepared to put some money in, funds which have now been secured.

Xtract Resources PLC (LON:XTR) said it has agreed to revise the terms of its collaboration agreement with Nexus Capital Limited for the mining of alluvial gold deposits at its Manica concession in Mozambique.

Rainbow Rare Earths Ltd. (LON:RBW) exported 350 tonnes of rare earths concentrate from its mine in Burundi during the three months to 30 September 2018, an increase of 27%. Big Pic today.

Chaarat Gold Holdings Ltd. (LON:CGH) has entered into a special purchase agreement with the Russian mining giant Polymetal for the acquisition of Kapan Mining and Processing Company. Kapan owns a polymetallic mine in Armenia.

Tlou Energy PLC (LON:TLOU) believes it has ‘submitted a compelling and robust proposal’ for a thermal power station at the Lesedi coal bed methane site in Botswana. The company, which was asked to re-tender for the contract, said it had ‘outlined a staged development commencing with up to 10MW of generation as well as outlining project feasibility, proposed field development, installation of power generation facilities and supply of power into the grid in Botswana.

Braveheart Investment Group PLC (LON:BRH) said court approval has been received for a capital reduction that would allow the company to start paying dividends

Egdon Resources Plc (LON:EDR) expects fracking to start at the Springs-1 UK site in the first half of next year. Egdon’s conventional oil plans have been hampered by delays to Wressle in Lincolnshire. An appeal has been launched against the rejection of its planning application. The consortium that owns the licence, includes Union Jack Oil (LON:UJO) with a 27.5% stake. Union Jack Oil also owns 22% of Biscathorpe, where Egdon says drilling of a new exploration well should begin before the end of the year with site construction well advanced.

The feasibility study from Horizonte Minerals Plc’s (LON:HZM) Araguaia nickel project in Brazil is “a major de-risking event”, according to Shard Capital analyst Phil Swinfen. The analyst has raised his price target for Horizonte's shares to 21p each, up from 15p previously.

Kore Potash PLC (LON:KP2) said it has sufficient information to commence a formal review of the definitive feasibility study documentation for the Sintoukola potash project.

BB Healthcare Trust PLC (BBH) said, further to its announcement in February 2018 the company has instructed its advisers to make arrangements for the publication of a new prospectus later this year, in order to facilitate the issuance of further ordinary shares pursuant to an Initial Issue and a share issuance programme in 2018 and beyond. The company noted that its portfolio manager, Bellevue Asset Management AG, continues to see significant opportunities to deploy additional capital, in accordance with the company's investment objective and policy. The group also said a portfolio update is available on the following link: http://www.rns-pdf.londonstockexchange.com/rns/6916F_1-2018-10-30.pdf

appScatter Group PLC (LON:APPS) has established a new advisory board which includes the former chief information officer of Lufthansa and a current global lead partner from consultancy firm Deloitte. Big Pic in July.

88 Energy Ltd (LON:88E) has acknowledged the passing of Brent Villemarette, a non-executive director of the company. The firm said his passing was unexpectedly sudden; however, was related to a known health condition.

Arc Minerals Ltd. (LON:ARCM) announced that Michael Foster, a non-executive director of the company has been awarded share options in lieu of cash remuneration for services rendered with respect to Casa Mining Limited.  The firm said Foster has been issued options over a total of 1.2 million new ordinary shares which have an exercise price of 4.5p each representing an approximate 34% premium over the group’s closing mid-market price on 29 October 2018.  It added that the share options are exercisable from 29 October 2018 and expire on 30 October 2021.

Harvey Nash Group plc (LON:HVN) said, further to the declaration that its takeover offer has been declared unconditional, it received letters of resignation from its non-executive directors (other than Adrian Gunn) on 29 October 2018 which took immediate effect.

Canadian Overseas Petroleum Limited (LON:COPL) ((TSXV:XOP) has announced that its common shares will be delisted from the TSX Venture Exchange after the close of trading on October 30, 2018 and will be listed on the Canadian Securities Exchange commencing on the open of trading on October 31, 2018 under the symbol "XOP".

Europa Oil & Gas (Holdings) PLC (LON:EOG), the UK and Ireland focused oil and gas exploration, development and production company, announced that it will be making a presentation at the Atlantic Ireland Conference in Dublin on Tuesday, 30 October 2018, with a copy of the presentation to be available on the company’s website.


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