Proactive news snapshot: accesso Technology, Braveheart Investment, Thor Mining …

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

Your daily round-up from the world of Proactive

accesso Technology Group PLC (LON:ACSO) is to implement a combination of its ticketing, guest experience and queuing solutions at The Bear Grylls Adventure in Birmingham.

A number of potential purchasers are sniffing around the fund management business of Braveheart Investment Group PLC (LON:BRH).

US regulators have confirmed they will make a decision on whether or not to approve Shield Therapeutics PLC’s (LON:STX) Feraccru drug by 27 July 2019.

A number of potential purchasers are sniffing around the fund management business of Braveheart Investment Group PLC (LON:BRH). The board of Braveheart has recently been approached by a number of third parties, each of whom have expressed an interest in either purchasing outright the fund management business or entering into some form of a joint ownership arrangement.

Thor Mining PLC (LON:THR) (ASX:THR) has announced an upgraded and increased mineral resource estimate containing tungsten, copper and - for the first time - zinc, for the Desert Scheelite deposit at Pilot Mountain in Nevada USA.

Erris Resources PLC (LON:ERIS) sees potential for a small to mid-sized gold producer to drill the Brännberg Project in Sweden after initial partner Centerra Gold elected not to continue drilling due to the mineralised system not demonstrating the size to host a gold deposit of over 1mln ounces.

Oil and gas services provider ADES International Holding Ltd (LON:ADES) has secured an extension on its contract for the Admarine 657 offshore rig in Saudi Arabia.

Highlands Natural Resources PLC (LON:HNR) is looking forward to a happy New Year with a number of new wells due online over the coming weeks. It follows a busy and successful work programme at the East Denver project in Colorado this year.

Landore Resources Limited (LON:LND) has said the planned mineral resource estimate and report on the BAM Gold Deposit, Junior Lake Property, Ontario, in Canada is progressing well and is due to be completed and published in early January 2019.

Savannah Resources PLC (LON::SAV) has announced that ongoing metallurgical test work has successfully produced saleable quartz and feldspar products for use in the ceramics industry from its Portuguese Mina do Barroso Project.

VR Education Holdings PLC (LON:VRE) has announced the commercial release of ENGAGE – its online virtual learning and corporate training platform. It is a significant milestone for the company, which raised £6mln when it listed on the junior market earlier this year, a large slice of which was earmarked for the launch of ENGAGE.

Diversified Gas & Oil PLC has confirmed that a major shareholder has divested a substantial portion of its 5.51% stake in the company via a share placing. The group said Trive Capital, and its associated entities have sold 22.5mln DGOC shares at a price of 114p for a gross placing consideration of £25.65mln.

Plexus Holdings PLC’s (LON:POS) chairman, Jeff Thrall believes the prospects for the group, both at the corporate and trading level have never been better. In a statement to be delivered at the AIM-listed oil and gas engineering services firm’s Annual General Meeting on Thursday, Thrall said: “I believe that Plexus and its proprietary technology has reached a key point in time in its strategic development, and why I see an exciting future for our POS-GRIP wellhead and connector applications in larger market sectors such as surface production, and subsea exploration and production.”

Renewable fuels provider Aggregated Micro Power Holdings PLC (LON:AMPH) has posted a sharp rise in first-half sales and gross profits. Still, AMP delivered over 80,000 tonnes of wood pellet and wood chip to nearly four million customers during the period. It also provided service and maintenance to around 900 biomass boilers.

Bacanora Lithium Ltd (LON:BCN) thinks its previous forecasts for future lithium demand are increasingly looking overly conservative. AIM-quoted Bacanora is in the process of securing the financing to start construction at its Sonora lithium project in Mexico, which is expected to produce 35,000 tonnes of the silvery-white metal a year.

Bushveld Minerals Limited (LON:BMN) has announced the appointment of BMO Capital Markets Limited as its joint corporate broker with immediate effect, to act alongside SP Angel Corporate Finance, who remains the company's nominated adviser and joint corporate broker, and Alternative Resource Capital, who remains joint corporate broker.

Seeing Machines Limited (AIM: SEE) has announced that it has appointed Kate Hill as an independent non-executive director with immediate effect. The group noted that Hill had a distinguished 20+ year career with Deloitte Touche Tomatsu as an audit partner where she worked with Australian Securities Exchange listed and privately owned clients. The firm also announced that Jim Walker, a non-executive director, is to leave the group.

Directa Plus PLC (LON:DCTA) announced that, further to its £4mln fundraising announcement released on Wednesday, the open offer portion will allow qualifying shareholders apply for an aggregate of up to 2,009,673 shares at the 3p issue price to raise up to approximately £1.0mln before expenses. It added that qualifying shareholders will have a basic entitlement of 1 open offer Share for every 22 existing ordinary shares held.

Galantas Gold Corporation (LON:GAL) (TSXV:GAL) announced that the first part of its private placement closed on December 12, 2018, with 57,435,065 common shares placed raising proceeds of C$4,953,774 (£2,871,753). The group said United Kingdom placees subscribed at a price of £0.05 per common share, while Canadian places subscribed at a price of C$0.08625 per common share. It added that the second part of the private placement requires acceptance of the TSX Venture Exchange and is anticipated to be for 22,564,935 common shares for receipt of C$1,946,226 (£2,871,753).

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Landore Resources Ltd named herein, including the promotion by the Company of Landore Resources Ltd in any Content on the Site, the Company...


TomCo Energy updates on status of POSP operations and initial oil production...

TomCo Energy PLC (LON:TOM) CEO John Potter updated investors on operations and initial production at Greenfield Energy’s POSP project in Utah. Potter, along with Valkor LLC's CEO and CTO Steven Byle and Coby Crawford confirmed that the Petroteq oil sands plant (POSP) at Asphalt Ridge is...

4 hours, 9 minutes ago

5 min read