EQTEC Plc (LON:EQT) shares shot higher on Tuesday after it revealed a “landmark deal”, with Phoenix Energy signing a first equipment purchase contract in relation to the US company's first power plant in California.
Itaconix Plc (LON:ITX) shares surged on Tuesday after it signed an exclusive global agreement with Nouryon, formerly AkzoNobel Specialty Chemicals to supply it with its bio-based polymers with chelating properties for the detergents market.
Mirada PLC (LON:MIRA) has announced the commercial launch of its Iris multiscreen solution for One Communications, the leading telecommunications provider in Bermuda owned by US investment firm ATN International Inc.
Tertiary Minerals plc (LON:TYM) will assess a decision by the Swedish Mining Inspectorate to reject its application for an exploitation concession. The Mining Inspectorate stated that the economic aspects point in favour of granting the concession, and the socio-economic benefits to the community would be considerable.
Haydale Graphene PLC (LON:HAYD) has signed a supply agreement to provide 76kg of its propriety piezoresistive ink to HP1 Technologies Ltd. (HP1T) over an 18-month period. The AIM-listed advanced materials group said the value of the supply agreement is not disclosed due to its commercially sensitive nature.
StatPro Group PLC (LON:SOG) has agreed a contract for its Revolution service with a US asset management service provider carrying a minimum value of US$1.5mln.
Internet of Things enabler Telit Communications Plc (LON:TCM) said revenue for the year just ended will be at the top end of its guidance range, with underlying earnings in line with expectations.
NetScientific PLC has said it is continuing to assess all of its remaining strategic options, including a possible de-listing, after closing a formal sale process for the company. The firm said it is not aware of any parties who might now make an approach or initiate sale discussions.
Clinigen Group PLC (LON:CLIN) expects to report a sharp rise in revenue and profit when it publishes its half-year results next month.
International franchisor Franchise Brands PLC (LON:FRAN) expects revenues and profits for 2018 to be “at least” in line with consensus market expectations.
Eden Research PLC (LON:EDEN) expects to report full-year 2018 revenue of 48% and a modest operating profit after a year of “pleasing growth” for the biopesticide products developer.
Collagen Solutions PLC (LON:COS) shares moved up in early trading Tuesday after it signed a manufacturing agreement for the Excellagen product with Olaregen Therapeutix, a New York-based firm focused on products in the wound care market.
Genedrive PLC (LON:GDR), the handheld medical diagnostic devices maker, saw revenues rise year-on-year in the second half of 2018. Revenue clocked in at £1.5mln, up from £1.3mln the year before, and was largely generated by the US$900,000 order, placed in November 2018, for Genedrive instruments and assays from the US Department of Defense (DoD) plus ongoing grant income.
MaxCyte Inc (LON:MXCT) has said its underlying earnings (EBITDA) are likely to show “an improvement on market expectations” after a bumper end to the year. Revenues increased 19% year-on-year to US$16.7mln in the 12 months to December 31, with top-line growth of 25% in the second six months. Looking ahead, the company said expects it to maintain the momentum in 2019.
Sativa Investments PLC (AQSE:SATI) has appointed Chris Jones to launch wellness centres that will sell a medicinal range of cannabis-derived products. Retail professional Jones most recently held the role of consultant sales director at a vaping company with 110 outlets and worked with another in Northern Ireland with 20 stores.
Silence Therapeutics PLC’s (LON:SLN) lead medicine candidate SLN124 has been granted orphan drug designation by European regulators.
Anglo Asian Mining PLC (LON:AAZ) produced 83,736 gold equivalent ounces during the year to December 2018, at the upper range of guidance. The figure represented a 17% year-on-year increase in total production.
NQ Minerals PLC (LON:NQMI) is now officially a producer having completed the commissioning of the Hellyer processing plant in Tasmania. During the fourth quarter, NQ produced 3,991 dry metric tonnes (dmt) of lead, 1,537 dmt of zinc and 4,2291 dmt of pyrite – also known as fool’s gold – bringing in £3.2mln (A$5.7mln) during the period.
United Oil & Gas Plc (LON:UOG) told investors it has received preliminary regulatory approval for a production concession in Italy, opening up the Selva gas field development project. The company, which owns 20% of the project, believes the asset will deliver significant cash flow in 2020.
Tlou Energy Ltd (LON:TLOU) told investors that lateral drilling has restarted in the wells at the Lesedi coal bed methane project in Botswana. The company, in a statement, said that specialist directional drilling crew and other key personnel are now on site.
Touchstone Exploration Inc (LON:TXP, CVE:TXP) confirmed a positive start to 2019, in terms of production and highlighted plans for further well drilling operations. The company, which describes itself as the ‘most active onshore upstream company in Trinidad’, highlighted that it delivered an average of 1,900 barrels of oil per day through the first thirteen days of this year.
The chairman of Vast Resources PLC (LON:VAST), industry veteran Brian Moritz, has written to shareholders urging them to vote in favour of AGM resolutions that allow for new capital raising powers. The AGM will be held on 31 January 2019 in London.
Rambler Metals and Mining PLC (LON:EAB) (TSXV:RAB) said its wholly-owned Canadian subsidiary has entered into a US$1mln unsecured loan agreement with CE Mining III Rambler Limited. The group said the proceeds of the loan will be used in support of short term working capital requirements at its Canadian operation.
Chaarat Gold Holdings Limited (LON:CGH) confirmed that, further to its announcement on 21 December 2018, the subscription and issue of secured convertible notes 2021 for US$350,000 has now completed.