Rockfire Resources PLC (LON:ROCK) saw its shares soar in early trading Monday after its intersected “bonanza” grade gold at its Double Event prospect in Queensland.
Active Energy Group PLC (LON:AEG) told investors on Monday that its Timberlands International subsidiary received government approval for two five-year commercial timber permits (CTP) in Newfoundland. The group will use waste wood from the permits to provide raw material for its biomass technology CoalSwitch.
Greatland Gold PLC (LON:GGP) has lauded exceptional laboratory assay results from the company's first drill hole (HAD005) of the current campaign at its 100%-owned Havieron licence in the Paterson region of Western Australia.
Haydale Graphene Industries PLC (LON:HAYD), the advanced materials group, has signed an exclusive licence agreement with TKS Siampress Management for its anti-counterfeit ink.
Kromek Group PLC (LON:KMK) has clinched a long-term supply agreement to customise its technologies for baggage screening systems.
Block Energy Plc (LON:BLOE) boss Paul Haywood has hailed the entry of oil major ExxonMobil to the Republic of Georgia as validating the country's “credentials as a secure and stable place to do business”. Exxon, the world’s largest non-state-owned oil company, joins the international drilling group Schlumberger in taking a serious interest in the potential hydrocarbon bounty of the former Soviet state.
Aspen Bridging, the bridging loan subsidiary set up by S & U PLC (LON:SUS) in 2017, is set for expansion in 2019, with a targeted 50% increase in the loan book to around £30mln.
European Metals Holdings Limited has raised gross proceeds of £1,035,500 via a share placing to advance the group’s corporate strategy, including to progress its drilling programme and upgrade its resource model. The AIM-listed company said it had issued 5,177,500 new ordinary shares - represented by CDIs - with new and existing investors at an issue price of 20p each.
Eckoh PLC (LON:ECK), the global provider of secure payment products and customer contact solutions, today confirmed the appointment of PricewaterhouseCoopers as its new auditor, following a formal tender process.
Custodian REIT PLC (LON:CREI), the UK property investment company, has acquired the 43,000 sq ft Evesham Shopping Park.
Coinsilium Group Limited (AQSE:COIN) said its investee company, RSK Labs, is to be acquired by Gibraltar-based RIF Labs.
Sound Energy PLC (LON:SOU) said wireline log interpretation of the TE-9 well the Tendrara area of Morocco has not established the presence of producible gas, and hence the well will be plugged and abandoned, and not tested, with the firm to move directly on to the TE-10 surface location.
Highlands Natural Resources Plc (LON:HNR) has withdrawn all of the permit applications for its West Denver shale operation following objections by the local community. The oil and gas group said it appreciates the concerns and debate raised by its development plans and was taking the action to affirm its commitment to being a responsible and transparent operator within the state of Colorado. Big Pic in April.
Cradle Arc PLC (LON:CRA) shares ticked up in early trading Monday after it hailed a “vote of confidence” in its Mowana copper mine in Botswana following an extension to its working capital facility for the project.
MTI Wireless Edge Ltd. (LON:MWE) saw its shares jump on Monday as the radio frequency technology group reported strong nine month results which reflected the merger with MTI Computers and Software Services (1982) Ltd. completed on 20 August 2018.
Vast Resources PLC (LON:VAST) has commenced surface exploration drilling at the Magura Neagra and Piciorul Zimbrului prospecting licences, known collectively as Zagra, in northern Romania.
Oriole Resources PLC (LON:ORR) has started sample analysis and trenchwork at two projects in Cameroon. The junior signed options over Bibemi and Wapouzé earlier in the year.
Galantas Gold Corporation (LON:GAL)(CVE:GAL) is to issue between 64mln and 80mln new shares to raise a minimum of £3.2mln and a maximum of £4mln. The money raised will be used for working capital and to achieve full production at Galantas’s Omagh gold mine Ireland, where mining is already underway.
Amur Minerals Corporation (LON:AMC) has set out a strategic plan for the development of the Kun-Manie nickel-copper sulphide mineral project in the far east of Russia. The company will focus on engineering and taking the Kun-Manie project to bankable feasibility study level, on infrastructure, on the engagement of a strategic partner, and on a phased funding process.
NQ Minerals PLC (LON:NQMI) has signed a marketing and off-take agreement with Traxys, the global commodities trader. The deal comes a week after NQ Minerals shipped its first concentrate from the Hellyer mine in Tasmania to Traxys, and follows on from an earlier off-take deal signed in August.
Eland Oil & Gas PLC (LON:ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, said it intends to commence a share buyback programme for a maximum aggregate consideration of up to £3.0mln. The company said it believes that the current share price substantially undervalues its assets, the performance of the business to date, and its prospects. The group added that its robust balance sheet provides the opportunity to take advantage of prevailing market conditions to repurchase shares at advantageous levels.
Anglo African Oil & Gas plc (LON:AAOG,. the independent oil and gas developer, announced a partial drawdown of the conditional £5mln Convertible Loan Note Financing Facility with Sandabel Capital previously announced on 24 October 2018. The group said Sandabel has agreed to subscribe for £1,000,000 of unsecured loan notes under the terms of the Subscription Agreement. AAOG has elected not to redeem these loan notes in accordance with the repayment schedule and therefore Sandabel will receive conversion rights over the loan notes. The Initial Spot Price in relation to these notes is 10.3125p.
Amur Minerals Corporation (LON:AMC), the nickel-copper sulphide mineral exploration and development company focused on the far east of Russia, said it will be holding a presentation event on Monday 26t November 2018 at the Chesterfield Mayfair Hotel at 35 Charles Street, London, W1J 5EB from 6pm with the presentation commencing at 6.30pm.