Kavango Resources PLC (LON:KAV) will commence drilling at the Ditau prospect in early February. Ditau forms part of the Kalahari Suture Zone, which is highly prospective for base metals.
Futura Medical PLC (LON:FUM) is set to share data further confirming its erectile dysfunction drug is safe for female sexual partners. Tim Holland, the company’s director of clinical development, will be making a poster presentation at the European Society for Sexual Medicine (ESSM) Congress in Slovenia next month.
The revenue picture is getting brighter at Kromek PLC (LON:KMK), the supplier of detection technology, after it bagged a medical imaging contract.
Sound Energy PLC (LON:SOU) has sketched in some interesting detail drawn from its TE-10 well in the Tendrara area of Morocco. It confirmed Monday it is likely to “revise up” the net pay estimate of sands found under the main TAGI play, which currently stands at 10.5 metres.
African Battery Metals PLC (LON:ABM) has announced a refinancing placing and share subscription as it updated on a strategic and operational review. The exploration firm said it was raising £1mln through the placing and subscription of 200mln new shares at a price of 0.5p each.
Top level domains (TLD) registry company Minds + Machines Group Limited (LON:MMX) expects full-year underlying earnings will be marginally ahead of market expectations.
SDX Energy Inc (LON:SDX) (CVE:SDX) is to delist from Toronto’s TSX Venture Exchange and move its corporate residence to the UK from Canada.
BATM Advanced Communications Ltd (LON:BVC) has signed an investment agreement to fund the development of a molecular diagnostics product by its joint venture, Ador Diagnostics.
Rainbow Rare Earths LTD (LON:RBW) is raising up to US$7.75mln through a combination of a US$750,000 unsecured convertible security and a 24 month equity facility of up to US$7.0mln.
Rockfire Resources PLC (LON:ROCK) has raised £500,000 through the placing of 58.8mln new shares at a placing price of 0.85p each, with a 1-for-1 attaching warrant exercisable at 1.5p. The placing is subject to shareholder approval at a general meeting of the company.
Canadian Overseas Petroleum Limited (LON:COPL) hopes to complete financing for an appraisal drilling programme at OPL226 in Nigeria by the middle of 2019. COPL said talks are underway with three large groups that can provide both oil services and finance.
Highlands Natural Resources PLC (LON:HNR) has started gas sales from the East Denver project following completion of a pipeline. The company holds a 7.5% interest in each well on the acreage.
European Metals Holdings Limited (LON:EMH) has revealed results from its ongoing eight core-hole resource drilling programme at the Cinovec lithium project. Drilling of five of the eight holes has been completed.
Eurasia Mining plc (LON:EUA) has agreed a contract for the 2019 season that will allow for Russian company Uralmetmash to carry out mining of platinum group metals and gold at the company’s West Kytlim mine in Russia.
Sure Ventures PLC (LON:SURE) has hailed the progress of its portfolio companies to date despite what it said were “poor and volatile” market conditions weighing on its Net Asset Value (NAV).
EQTEC Plc (LON:EQT) has appointed a new nominated advisor (Nomad) while also updating on the consolidation of two loans from Altair Group Investment Limited and Ecofinance (GLI) Limited.
Avacta Group PLC (LON:AVCT), the developer of Affimer biotherapeutics and reagents, has announced the appointment of Dr Sam Williams as a non-executive director with immediate effect. The group noted that Williams is currently managing partner and head of life sciences at IP Group Plc, the FTSE 250 investor in Life Sciences and Technology.
BB Healthcare Trust PLC (LON:BBH) announced that it has renewed and amended its multi-currency revolving credit facility with Scotiabank. Under the amended terms, the firm may draw down loans up to an aggregate value of US$100mln, and the facility also has an uncommitted accordion option which provides the group with the flexibility to increase the facility by a further US$50mln. The new facility will expire in January 2021.
SigmaRoc PLC (LON:SRC), the AIM-listed buy-and-build construction materials group, announced that the £10mln unsecured convertible loan notes that were redeemed by the company on 23 January 2019 have been successfully delisted from the official list of The International Stock Exchange.
ECSC Group PLC (LON:ECSC) has received an Award for Excellence at PCI London for its work within the payment card industry, the third year in a row that the firm has received this accolade. The 2019 award is for ECSC's implementation of 24/7/365 cyber security monitoring from its global PCI certified Security Operations Centres, utilising the company's Artificial Intelligence Kepler technology.
Active Energy PLC (LON:AEG), the international biomass based renewable energy and forestry management business has appointed SP Angel as its nominated adviser and joint broker with immediate effect. The moves comes after the proposed merger between SP Angel and Northland Capital Partners, Active Energy’s previous nominated adviser.
Tower Resources PLC (LON:TRP) announced that Jeremy Asher, the company's chairman and CEO, will be presenting at an investor evening hosted by Turner Pope Investments on Monday 11 February 2019.