Europa Oil & Gas Holdings PLC (LON:EOG) told investors that the Wressle project has been granted a one-year extension to its existing planning approvals. The award extends access to the project until 24 January 2020.
Union Jack Oil PLC (LON:UJO) executive chairman David Bramhill described himself “very pleased” as the Egdon Resources operated Wressle project received a one-year extension to existing planning approvals.
FairFX Group Plc (LON:FFX) expects 2019 to be “another year of significant growth” as it reported strong numbers for 2018.
Frontier IP Group Plc (LON:FIPP) said one of its investee companies has landed a £403,000 government grant. The cash received by The Vaccine Group is part of a £1.46mln Anglo-Chinese project to combat an emerging antibiotic-resistant disease able to jump from pigs to humans with potentially fatal effect.
Midatech Pharma Plc (LON:MTPH, NASDAQ:MTP) outlined plans for its lead drug candidate as it updated on its funding position by stating it currently had “very limited cash”.
88 Energy Ltd (LON:88E), in its quarterly report, updated investors on its progress in Alaska where it is advancing both conventional and unconventional oil and gas assets. Exploration drilling is anticipated in the coming weeks with the Winx-1 well.
Oracle Power (LON:ORCP) has appointed a local expert as chief executive to expedite the financial close of its coal-fired power station project in Pakistan. Naheed Memon, who joined the board as a non-executive earlier this month has now become CEO with a remit to manage the delivery of the Thar project on the ground in Pakistan.
Asiamet Resources Limited (LON:ARS) said the additional Resource evaluation drilling required to complete the bankable feasibility study being undertaken on the Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia is progressing to plan, with initial results positive and in line with expectations.
Coal production at Regency Mines PLC’s (LON:RGM) 47%-owned Omega operations in Virginia, US continues to improve following the move of a high wall miner at the end of November.
In a later statement, Regency Mines PLC (LON:RGM) revealed that Andrew Bell resigned as its chairman and chief executive with effect from the end of today’s annual general meeting. The AIM-listed company said it is in discussions concerning the appointments of a new CEO and of a non-executive director, further details of which are anticipated to be announced shortly.
The final set of assay results from the drilling at Kodal Minerals PLC’s (LON:KOD) Bougouni lithium project continue to point to high-grade mineralisation.
Pan African Resources plc (LON:PAF) saw a sharp increase in gold production in the first half of its fiscal year. Gold production from the group’s continuing mining operations increased by 54.2% to 81,014 ounces (oz) in the six months to the end of 2018 from 52,548 oz in the same period of 2017.
SigmaRoc PLC (LON:SRC) has raised gross proceeds of £12.4mln through a vendor consideration placing to part-fund the initial consideration for the acquisition of CCP Building Products Limited. The AIM-quoted buy-and-build construction materials group said it placed 30,257,053 ordinary shares at a price of 41p each, a 1.4% discount to Thursday's closing price.
Tertiary Minerals plc has raised £250,000 before expenses via a placing to provide additional working capital for the company to fund development work for its fluorspar projects and for potential acquisition opportunities. The AIM-listed group, which is building a strategic position in the fluorspar sector, said SVS Securities placed 83,333,333 new ordinary shares in the company at a price of 0.3p each.
Europa Metals Limited (LON:EUZ), the European lead-zinc explorer, announced that it has submitted a formal application requesting the removal of the company from the ASX official list and has made an application to move from the Main Board of the Johannesburg Stock Exchange to the AltX. Consequently, the group added, Europa Metal's primary listing is expected to become the AIM market operated by London Stock Exchange.
Ariana Resources PLC (LON:AAU) said it was informed today that on 22 January 2019 its managing director, Kerim Sener, purchased 860,000 ordinary shares in the company at a price of 1.75p each, taking his holding in the company to 19,564,252 ordinary shares representing 1.85% of the issued share capital. It added that it was also informed that on the same date its chairman Michael de Villiers purchased 1,120,000 ordinary shares at 1.75p each, taking his total shareholding in the company to 54,845,000 ordinary shares representing 5.18%. And that William Payne, a non-executive director purchased 1,450,000 ordinary shares also at 1.75p each, taking his and his family's total shareholding to 9,359,314 ordinary shares, or 0.88%.