Proactive news snapshot: BigDish, Allergy Therapeutics, Cadogan Petroleum …

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

Your daily round-up from the world of Proactive

BigDish Plc (LON:DISH) has fully launched in Bournemouth its app that helps restaurants to maximise bookings following a beta testing period. Formally known in the town as Tablepouncer, the app has been rebranded and relaunched under its new name at more than fifty restaurants which will use it to offer discounts of 50% at various times of the day to boost customers.

Allergy Therapeutics PLC (LON:AGY) enjoyed another year of revenue and market share growth as it ended 2018 financially well-resources. The company, which as the name suggests develops inoculations against common allergies, also said it expects to make significant clinical headway in 2019.

Cadogan Petroleum PLC (LON:CAD) told investors that it exited 2018 with a production rate of 274 barrels of oil equivalent per day marking a better-than-anticipated performance for the year. Average production measured 250 boepd for the whole of 2018, which was 25% better than the company targeted and represents a 61% improvement from 2017.

European Metals Holdings Limited (LON:EMH) shares rose on Wednesday after the group confirmed it has received a purported indicative offer to "purchase the lithium mining and processing project at Cinovec" on behalf of the Ceske Litihium company, part of Krupa Global Investments

Alba Mineral Resources PLC (LON:ALBA) executive chairman George Frangeskides has hailed the ongoing success of test production at the Horse Hill project. The AIM-quoted firm holds an 11.765% beneficial interest in the project which has now yielded some 25,000 barrels of crude oil since the current phase of production testing began in July.

Seeing Machines Limited (LON:SEE) has issued an in line trading update for the first half of the year as it said it had seen “an increasing interest” in its driver monitoring systems (DMS) across all of its transport sectors.

BATM Advanced Communications Ltd’s (LON:BVC) subsidiary has completed an upgrade of the Kenya Education Network (KENET) from a 10 gigabit ethernet (GE) to a 100 GE.

Ethernity Networks PLC (LON:ENET) has completed the inaugral delivery of a new server product to a Korean OEM under an agreement announced in June. Ethernity’s technology is designed to help servers run faster and more efficiently and deployment of the 100Gbps ACE-NIC100 FPGA SmartNIC will mean significant power and cost reduction, it said.

Jersey Oil & Gas plc (LON:JOG) told investors that the rig contracted to drill the upcoming Verbier appraisal well will shortly begin a three-well programme for operator Equinor. Verbier is the third of the three wells in Equinor's schedule.

Xtract Resources PLC (LON:XTR) has appointed a new mining contractor for the alluvial gold deposits at its Manica mine in Mozambique. AIM-quoted Xtract – along with its partner, Nexus – owns the mining rights to the concession but it doesn’t do any of the mining, instead, it contracts that out to other companies.

Strategic Minerals PLC (LON:SML) has told investors its “primary focus” for the year ahead is to get its Leigh Creek copper project in South Australia back into production. AIM-quoted Strategic completed the acquisition of the property, which sits within a known copper-rich belt, almost a year ago and has been working ever since to bring it into operation.

Chaarat Gold Holdings Limited (LON:CGH) said its subsidiary Chaarat Gold International Limited has now extended the anticipated closing date for the acquisition of Kapan Mining and Processing Company CJSC from 15 January 2019 to 31 January 2019 with Kapan's vendor, PTML Holding Ltd, a subsidiary of Polymetal International PLC. The group said extension has arisen as a result of the extended winter holiday season in Armenia and Russia.

Custodian REIT (LON:CREI), the UK property investment company, confirmed that its third quarterly interim dividend for the financial year ending 31 March 2019 of 1.6375p per share, to be paid on 28 February 2019 to shareholders on the register on 25 January 2019, will be designated as a property income distribution.

Ashley House PLC (LON:ASH), the health and community care property partner has said it intends to change its year end from 30 April to 30 June. The group said the move aligns the company’s reporting period with the half year of Morgan Ashley Care Developments, its joint venture with Morgan Sindall PLC. 

i3 Energy PLC (LON:I3E), the independent oil and gas company with assets and operations in the UK, announced the release of a new corporate presentation via the company's website.

Katoro Gold PLC (LON:KAT), the Tanzanian focused exploration and development company, has launched its new corporate website and corporate presentation on www.katorogold.com


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