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The Markets
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The Markets
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Proactive news snapshot: Galantas Gold, Directa Plus, Seeing Machines, Gaming Realms …

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

Galantas Gold Corporation (LON:GAL) had its planning consent for its Omagh gold mine in County Tyrone confirmed by a Northern Irish court. A local resident had challenged the initial decision to approve underground work at the mine. But the Court of Appeal dismissed claims that more than 20 hectares at the site had never been properly assessed.

Directa Plus PLC (LON:DCTA) has inked a supply contract to provide its Grafysorber technology and oil absorption barriers to GSP Group, a Romanian oil & gas services firm.

James Palmer, the chief financial officer (CFO) of Seeing Machines Limited (LON:SEE), is to step down from his position for personal reasons.

Gaming Realms PLC (LON:GMR) has clinched a 3-year revenue share agreement with Endemol Shine Gaming for the distribution of Deal or No Deal Slingo.

Republic of Georgia-focused oil and gas producer Block Energy Plc (LON:BLOE) ended its financial year with a “robust cash position”.

Commercial passenger aircraft leasing company Avation PLC (LON:AVAP) has delivered a second brand new ATR 72-600 plane to Danish Air Transport (DAT). The first of the twin-engine turboprops was delivered back in October. Both planes are on 12-year leases.

Canada-based and London-listed Falcon Oil & Gas Ltd (LON:FOG CVE:FO) closed its third quarter with cash of US$7.5mln and no debt. The business has shale interests in Australia at Beetaloo and in South Africa’s Karoo Basin.

Red Rock Resources PLC (LON:RRR) has reported a pre-tax profit for the full year as it set its sights on increased gold incomes in the new financial year. The natural resources development firm reported a pre-tax profit from continuing operations of £78,120 compared to a £1.1mln loss the year before, while it ended the period with cash and cash equivalents totalling around £2.3mln, up from £909,094 last year.

Kodal Minerals PLC (LON:KOD), the mineral exploration and development company, has announced the appointment of Steven Zaninovich as project manager of the company's flagship Bougouni Lithium Project in southern Mali.

Base Resources Limited’s (LON:BSE) chairman believes the profitable mineral sands company “is now very well positioned to create further shareholder value.” At the company’s Annual General Meeting, held today in West Perth, Western Australia, Keith Spence - the AIM-listed firm’s non-executive chairman - said: “We have an outstanding operating asset in our Kwale Operation with strong cash generation and extensional potential, an exciting development opportunity with the World-Class Toliara Project and an outstanding team with a track-record of successful mineral sands development.”

Capital Drilling Limited (LON:CAPD, a leading drilling solutions company focused on the African markets, announced the appointment of Peel Hunt as its joint broker with immediate effect.

Oracle Power PLC (LON:ORCP) confirmed on Thursday that, as advised in its release dated 20 September 2018, Anthony Scutt, who was a director of the Company up to the company's Annual General Meeting, was appointed as a consultant to the group with effect from 1 August 2018 for a fee of £2,000 per month.

W Resources PLC (LON:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, has said its chairman, Michael Masterman, will be presenting at a forthcoming investor evening hosted by Turner Pope Investments on Monday 10 December 2018, to be held in London, W1 and which will commence at 5pm.

Alba Mineral Resources PLC (LON:ALBA), the diversified mineral exploration and development company, announced that it will be holding a shareholder update meeting and presentation followed by a Q&A session on 10 December 2018, at 6:30pm at 1 America Square conference centre, 17 Crosswall Street, London EC3N 2LB.

Asiamet Resources Limited (LON:ARS) said it will be exhibiting at the Mines and Money Conference in London from Monday 26 November till Thursday 29 November, hosted at the Business Design Centre, 52 Upper Street, Islington, London N1 0QH. The group said its management will be available to speak with investors at its stand, C20, throughout the event and will also deliver a presentation at 11:30am on Monday 26 November at the Mines and Money Premier Mining Spotlight Theatre.

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