The first pre-clinical data for Redx Pharma Plc’s (LON:REDX) RXC006 drug candidate has suggested that the compound has “great potential” as a fibrosis treatment.
Local government officials have said Active Energy PLC’s (LON:AEG) Canadian forestry operations will help to revitalise the sector in Newfoundland and Labrador. Earlier this week, the Ministry of Fisheries and Land Resources of the Crown Province of Newfoundland and Labrador awarded two five-year commercial timber to Active’s Timberlands subsidiary.
Live Company Group Plc’s (LON:LVCG) touring subsidiary, Bricklive Touring Limited (BTL), has inked a lease agreement with a South Korean firm for its Mythical Beasts touring assets.
Providence Resources PLC (LON:PVR) has revealed that a planned offshore work programme for the Barryroe field has been delayed by a dispute between the Irish authorities and an environmental group. The company, in a stock market statement, told investors that the Barryroe partners have decided voluntarily to not act on consents granted for a well site survey, which had been due to get underway before the end of 2018.
Pan African Resources plc (LON:PAF) expects to complete a definitive feasibility study for the Royal Sheba project at flagship Barberton Mines in February after exploration results exceeded expectations. Big Pic in September.
Sareum Holdings Plc (LON:SAR) shares were in demand on Friday morning after Sierra Oncology, the US firm which has licensed Sareum’s SRA737 checkpoint kinase 1 (Chk1) inhibitor candidate. Chk1 controls a cancer cell's response to DNA damage, which could be caused by the disease itself or intentionally caused by chemotherapy or radiotherapy.
Anglesey Mining plc (LON:AYM) told investors that maintains a positive outlook for base metals, particularly zinc and copper, despite what it describes as “the current geopolitical uncertainty caused by fears of trade wars and tariffs”. In the company, in its interim results statement, said: “We remain confident that demand for metals will remain strong and the outlook for commodity prices will remain positive for the foreseeable future.
BlueRock Diamonds PLC (LON:BRD) has disclosed a further claim against the company by its former chief executive Riaan Visser, which the firm said legal advice says has “no merit” and it intends to defend “vigorously”. The AIM-listed diamond mining company, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, said Visser has submitted a claim for 975,000 rand (approximately £55,000) in relation to the use of a generator in 2016.
Galantas Gold Corp (LON:GAL) has received subscription agreements for a private placing that will see it secure £4mln in funds to fuel development of its Omagh gold mine in Northern Ireland.
Metal Tiger PLC (LON:MTR) has doubled its exploration acreage in the Kalahari Copper Belt in Botswana. An earn-in agreement has been signed with Resource Exploration and Development (RED) over five recently granted exploration licences covering 4,661sq km.
Metal Tiger PLC (LON:MTR) also said it expects to resume operations in Thailand following the recruitment of the final six members of the country’s new Mineral Committee. Exploration effectively came to a halt in 2017 while a new Minerals Act was introduced.
Vast Resources PLC (LON:VAST) has reported a solid third quarter for its Pickstone-Peerless gold mine in Zimbabwe with tonnes mined and milled ahead of the record achieved in the last three-month period.
Mosman Oil And Gas Ltd (LON:MSMN) told investors it expects to see results from the Stanley-2 well during the month of December. The junior oil company, in a stock market statement, said its contracted rig is ‘in the area’, and, that the drilling will start for Stanley-2 once present operations are complete for another operator’s project.
Eland Oil & Gas PLC (LON:ELA) on Friday confirmed the refinancing of its reserve-based lending facility. A new US$75mln facility has a five year maturity and it initially carries interest at LIBOR plus 7.5%.
Range Resources Limited (LON:RRL) has published an updated company presentation, accessed at: https://www.asx.com.au/asxpdf/20181130/pdf/440vq9dlldf0k9.pdf
Thor Mining PLC (LON:THR) (ASX:THR) said the presentation given to shareholders at the Annual General Meeting of the Company held on 28 November 2018 is available on the company's website.