Taptica International Limited (LON:TAP) is to launch a share buyback programme for an aggregate value of up to US$10mln as cash generation of its business continues to be strong. The group said the buyback programme will commence on 12 December 2018 and will continue until 28 February 2019, or when the company enters a closed period.
i3 Energy PLC (LON:I3E) shares jumped in early trading Wednesday after it highlighted the Serenity prospect in the vicinity of its Liberator field in the North Sea.
Seeing Machines Limited (LON:SEE) shares surged in early trading Wednesday after it partnered up with L3 Commercial Aviation, a provider of pilot training solutions, to develop eye-tracking capabilities for flight simulators. Big Pic in August.
DP Poland Plc (LON:DPP) has issued an ‘in line’ update for its underlying earnings (EBITDA) for 2018, adding that it was approaching 2019 “with caution”.
Avacta Group PLC (LON:AVCT) has appointed a chief medical officer who will oversee the development of the life sciences group’s Affimer technology. Dr Jose Saro is joining the business from the Roche Innovation Center, Zurich, where he focused on immuno-oncology and the development of products that work in combination to treat illnesses.
Coinsilium Group Limited (AQSE:COIN) has raised £367,125 through the issue of new shares to finance “a number of high impact initiatives” as well as the strategic advancement of the firm.
Directa Plus PLC (LON:DCTA) has unveiled plans for a share placing and open offer to raise around £4mln to fund an investment drive to grow in its markets. The firm, which develops graphene-based products, said the placing would aim to raise £3mln through the issue of at least 6mln new shares at 50p each, the same as its close price on 11 December.
Mkango Resources Ltd (LON:MKA, CVE:MKA) told investors that it has secured a licence extension for exploration in the Phalombe. The government of Malawi has given the company another two years under its current exploration phase, with the latest arrangement now running to January 2021.
Solo Oil PLC (LON:SOLO) has agreed to sell its 30% in UK licence PEDL331, located on the Isle of Wight, which hosts the undeveloped Arreton oil discovery. UK Oil & Gas Investments will pay £350,000 to acquire the stake, to take its overall ownership of the project to 95%.
Capital Drilling Ltd (LON:CAPD) has extended its contract with Anglo Gold Ashanti for the Geita mine, in Tanzania. The AIM-quoted mining services contractor will continue underground exploration and grade control drilling, under a sub-contract to a five year master agreement which currently runs to December 2020. It has operated at the Geita mine since 2006.
Ariana Resources PLC (LON:AAU) has announced that a 1,000 metre diamond drilling programme is due to commence imminently at its wholly-owned Kizilcukur Gold Project in Turkey. The company said that drilling to be focused on the planned Zeki Pit area, with the aim of improving the classification of JORC resources to the Measured and Indicated categories.
Kibo Energy PLC (LON:KIBO) has renewed and expanded its Memorandum of Understanding (MOU) with Mozambican state-owned electric utility, Electricidade de Mocambique (EDM) to advance the financing, construction and operation of the Benga Independent Power Project in Mozambique. The multi-asset, Africa focused energy company said EDM is committing to assist and co-operate towards the successful development of Benga in Mozambique.
Tertiary Minerals plc’s (LON:TYM) managing director, Richard Clemmey, has hailed a recovery in the fluorspar market in 2018 in the company’s full year results despite permitting challenges at its Storuman Mine in Sweden.
Horizonte Minerals Plc (LON:HZM) has filed the NI 43-101 feasibility study of its Araguaia ferronickel project in Brazil on SEDAR. Results from the FS were first announced at the end of October and showed that over a 28-year mine life Araguaia will generate US$1.6bn in cash flows.
African Battery Metals PLC (LON:ABM) said it intends to approach all of its existing creditors and suppliers with a view to negotiating a settlement of all of the company's existing liabilities on equal terms, in order to give the group the time to seek other solutions for the continuation of its trade.
Ceres Power Holdings PLC (LON: CWR) confirmed that, further to its announcement on 4 December, 16,879,964 new ordinary shares have been allotted to Weichai Power after it exercised its warrant at a price of 164.5p per share investing a further £27.8mln in addition to its previous £20.3mln investment. The group said this increases Weichai’s shareholding in Ceres Power from just under 10% to 20%.
Diversified Gas & Oil PLC (LON:DGOC), the US based gas and oil producer, announced that Cenkos Securities has been appointed as the Company's Nominated Adviser with immediate effect. The appointment follows the completion of the acquisition of the Nominated Adviser and Corporate Broking business of Smith & Williamson by Cenkos.
Circle Property PLC (LON:CRC), the specialist regional UK office investment and development company, also announced that Cenkos Securities has been appointed as its Nominated Adviser and Broker with immediate effect.
Echo Energy Plc (LON:ECHO), the Latin American focused upstream oil and gas company, announced that Cenkos Securities has been appointed as the company's Nominated Adviser with immediate effect.
Sound Energy PLC (LON:SOU) announced that Cenkos has been appointed as the company's Nominated Adviser with immediate effect.
Tekcapital PLC (LON:TEK), the UK intellectual property (IP) investment group focused on creating marketplace value from university technology, will be delivering a webinar on commercialising university IP with the Creativity and Innovation Center 4.0 of the Universidad Tecnológica de Querétaro on December 14th, 2018 at 1:00 PM CST.