MaxCyte Inc’s (LON:MXCT) Flow Electroporation technology will be used by CRISPR Therapeutics as part of its quest to develop new gene therapies for the treatment of the cancer after the pair signed a commercial license agreement.
Haydale Graphene Industries PLC (LON:HAYD) said it remains on track with the development of a production line for its Silicon Carbide (SiC) cutting tools as it continued funding discussions.
There are significant concerns about the ongoing viability of MySQUAR PLC (LON:MYSQ), the Myanmar-focused social media group, though a bail-out deal is also being mooted. In an update investors also learned that preliminary probe has discovered that £900,000 of the firm’s funds had found their way into the hands of unnamed former directors and third parties without sign-off from the remuneration committee. The company is considering its options for recovering the money.
Bushveld Minerals PLC (LON:BMN) is to push ahead with expansion of its Vametco vanadium plant to take advantage of soaring demand for the steel additive.
Futura Medical PLC (LON:FUM) said the results of a pharmacokinetic study of lead product MED2005 may help support a “simplified” US regulatory pathway for the erectile dysfunction treatment.
Canadian Overseas Petroleum Limited (LON:COPL) told investors that it has entered into talks with a second large oil service provider, with activities in West Coast Africa.
Mosman Oil And Gas Limited (LON:MSMN) told investors that it intends to continue the rapid development of its US projects, as it proposes drilling up to five new wells.
Premier African Minerals Ltd (LON:PREM) has reached an agreement to amend the terms of the existing loan agreement entered with a company owned by a trust of which chief executive George Roach is a beneficiary for gross value of US$300,000.
Later in the day, Premier confirmed it had issued 142.05mln new shares at 0.16p apiece to Roach after he opted to convert the US$300,000 loan into shares. On admission of the new stock, Roach will have an 8.4% stake in the company.
Lionsgold (LON:LION) has reported “significant progress” at two of its key gold projects – Jonnagiri in India and Kuikka in Finland.
88 Energy Ltd (LON:88E) told investors that it has successfully completed a £5.56mln share placing to fund the next phase of conventional exploration in Alaska.
Kibo Energy PLC (LON:KIBO) told investors that it has now formally submitted an application for a full Mining Right at the Mabesekwa coal independent power project.
Chrome producer Afarak Group plc (LON:AFRK) will bow to pressure from one of its major shareholders and offer to buy back its shares if investors vote in favour of the idea at an upcoming extraordinary general meeting.