Symphony Environmental Technologies plc (LON:SYM) shares jumped on Monday as it hailed the result of an independent review into its oxo-biodegradable plastic technology. The review, commissioned by the company and conducted by former High Court deputy judge Peter Susman QC, found that based on various pieces of scientific evidence the case for the technology was “clear and compelling”.
Union Jack Oil PLC (LON:UJO) has formally completed the acquisition of a 16.667% stake in the West Newton gas discovery, in Yorkshire. The AIM-quoted company agreed the terms of a deal earlier this month with Rathlin Energy, a subsidiary of Canadian firm Connaught Oil & Gas, and the two have now officially signed the farm-in agreement.
Tidal power and renewable energy group SIMEC Atlantis Limited (LON:SAE) has made substantial progress on its Uskmouth power station conversion project. The coal-fired Uskmouth power plant in Wales, jointly owned by SIMEC Energy and N&P is to be converted so it can use energy pellets (Subcoal pellets) composed of waste materials that would otherwise be destined for landfill. Big Pic last week.
Custodian REIT PLC (LON:CREI), the UK property investment company, has bought a property for £2.1mln in the East End of London. The real estate investment trust (REIT) has a high street unit on The Grove in Stratford, comprising a ground floor retail unit with an upper floor office suite. Nearby occupiers include Morrisons, Boots, Argos, Lidl and Nando's. The property has a current passing rent of £150,935 a year, reflecting a net initial yield of 6.78%.
BB Healthcare Trust PLC (LON:BBH) is looking to raise more money to take advantage of the recent sell-off in global equities. Mounting trade war tensions between the US and China, Brexit negotiations and political and economic instability in Europe have seen investors withdraw their money from equity markets, which have repeatedly fresh highs over the past year.
Blockchain and cryptocurrency investor KR1 Plc’s (LON:KR1)stake in Vo1t has surged after the digital currency wallet raised US$2mln from investors. The fundraise, which saw a highly-regarded family office and “strategic individuals” in the finance industry pour in some more cash, valued Vo1t at US$17mln post-money.
Golpplat PLC (LON:GDP) shares surged in early afternoon trading Monday after partner Ashanti Gold Corp decided to exercise its earn-in option for 51% of the Anumso gold project in Ghana. The miner said it was now conducting a review of Ashanti’s work on the licence as a formal part of the agreement, with both parties working on a development plan to advance the Anumso project.
Columbus Energy Resources PLC (LON:CERP) told investors that its Spanish subsidiary CPS (Compañía Petrolifera de Sedano) has been ordered to begin the decommissioning of the Ayoluengo field. The company explained that it had previously expected the Spanish authorities would re-tender the La Lora Concession, since the existing operations agreement expired. Indeed, it has been awaiting notice of a re-tender since January 2017.
During the 2018 field season, Amur Minerals Corporation PLC (LON:AMC) completed just over 32,500 metres of drilling within 169 drill holes located throughout its Kun-Manie mining licence area. Amur has now drilled a total of nearly 120,000 metres.
Galantas Gold Corporation (LON:GAL) has delivered its first consignment of concentrate derived from underground feedstock from the Omagh gold mine in Northern Ireland. The concentrate will be shipped to Glencore's (LON:GLEN) New Brunswick smelter.
Sound Energy PLC (LON:SOU) has marked off ‘milestone’ in its drill programme for the TE-9 exploration well at the Tendrara gas project in eastern Morocco. The well has reached the second casing point, at a depth of 2,210 metres, and the casing has been set in Triassic shales above the prognosed TAGI reservoir (the main target for the well).
BlueRock Diamonds PLC (LON:BRD) has raised £626,000 from a placing and subscription of just over 208mln shares at a price of 0.3p each. One warrant will also be issued for each new share, at a price of 0.4p. In addition, directors of BlueRock will subscribe for a further £85,000 at the placing price via the issue of a further 28.3mln new shares.
Redx Pharma Plc (LON:REDX) will unveil a poster presentation outlining some encouraging data pointing to the direct tumour targeting effects of RXC004, its porcupine inhibitor. The new information was garnered using colorectal and pancreatic cancer cell lines.
Collagen Solutions PLC (LON:COS), the developer and manufacturer of biomaterials and regenerative medicines for the enhancement and extension of human life, announced that it has entered into a deed of variation to its existing Bond Subscription Agreement with Norgine Ventures. The firm said the variation provides for a 6 month principal repayment holiday, and while there is no current year requirement for this variation, it will provide management with greater flexibility to exploit growth opportunities for future years.
HemoGenyx Pharmaceuticals PLC (LON:HEMO) said that its chief operating officer is leaving as it unveiled a new senior appointment. Lawrence Pemble is exiting immediately. Andrew Wright, meanwhile, is coming in as financial controller and company secretary, a “non-board position”.
BATM Advanced Communications Limited (LON:BVC) said that among the resolutions to be voted on at its AGM - to be held at 10.00am GMT on Wednesday 28 November 2018 at the offices of Luther Pendragon, 48 Gracechurch Street, London, EC3V 0EJ - are the proposed appointments of Ari Shamiss and Varda Shalev as external directors of the group, as required under Israeli law, for three-year periods. The group added that Shamiss and Shalev will be replacing Avigdor Shafferman and Orna Pollack respectively, whose three-year tenures as external directors expire.
ANGLE PLC (LON:AGL) now owns 100% of its North American subsidiary after buying out Georgi Hvichia’s 9.47% stake. Hvichia is the original inventor of ANGLE’s Parsortix cancer detection technology.
Myanmar-focused app developer MySquar Limited (LON:MYSQ) has suspended its shares due to 'material uncertainty' over its working capital position. The move follows a review of the account into which the proceeds of bond issues on 7 March and 20 June were paid.
Scotgold Resources Limited (LON:SGZ) said it was notified on 2 November 2018 that its non-executive chairman, Nathaniel le Roux acquired 55,000 ordinary shares in the company at a price of 32p each. The firm added that, following the purchase, le Roux will have a beneficial interest in 22,523,223 ordinary shares, representing approximately 49.35% of the company’s ordinary share capital, up from 49.23% previously.
Savannah Resources PLC (LON:SAV) said that, following notification that its current nominated adviser Northland Capital Partners has voluntarily agreed to relinquish its Nomad status from 1 February 2019, the group intention is to transition the role from Northland to SP Angel, with whom Northland are merging. The firm added that this process has already started and at present the company anticipates a smooth and orderly transition of the Nomad role.
ValiRx Plc (AIM: VAL), the clinical stage biotechnology company, has said its management have already attended/presented at the followings recent and forthcoming scientific and investor meetings - 6th CPC Symposium on Peptide Therapeutics Conference, held in Hangzhou, China on 17- 19 October; House of Lords' Life Sciences Industrial Strategy Reception on Monday 29 October; 5th Annual Clinical Operations in Oncology Europe Conference, held in Munich, Germany on 14-15 November; Shares and AJ BellInvestor Evening in Edinburgh, held at the Radisson Blu Hotel at 18:00 on Thursday, 22 November.