Shield Therapeutics PLC’s (LON:STX) saw its shares rise on Tuesday as the group said its iron deficiency treatment Feraccru delivered strong benefits for people with kidney-related anaemia in an extended trial.
ANGLE PLC’s (LON:AGL) has found a potential new application for its liquid biopsy. Dr Bernhard Polzer and his team at the Fraunhofer Institute for Toxicology and Experimental Medicine, in Regensburg, Germany, found ANGLE’s Parsortix system streamlines the analysis of lymph nodes in melanoma.
A ‘particularly strong’ second half has boosted Westminster Group PLC’s (LON:WSG) year-on-year revenues by 33%. The security group added 2019 had also started strongly with record numbers passing through its West Africa airport operations in January.
ECR Minerals PLC (LON:ECR) saw its shares jump in mid-morning trading Tuesday as it began a gold-focused drill programme at its projects in Victoria, Australia. The exploration firm said a contract had been signed for 4,000m-6,000m of drilling in the state by its subsidiary Mercator Gold Australia (MGA).
Shares in Anglo African Oil & Gas PLC (LON:AAOG) gushed higher in mid-afternoon trading Tuesday after its TLP-103C well struck hydrocarbons at its Tilapia licence in the Republic of the Congo. The oil & gas developer said the 2,683m well had intersected the Djeno horizon at the site, with wireline logging confirming a 12 metre oil column with a further 4m transition zone from 2,396m to 2,411m in a dolomitic interval with a high content of shale.
Arix Bioscience Plc (LON:ARIX) noted that further details of proposals by Harpoon Therapeutics Inc. for an underwritten US initial public offering would represent a £4.2mln-£7.9mln increase in the value of its current shareholding in Harpoon. The LSE main market-listed global healthcare and life science company supporting medical innovation said that increase was compared to the current £20.2mln value of its holding.
A Chinese billionaire is set to take a 77.3% stake in AIM-quoted drug developer Midatech Pharma PLC(LON:MTPH). Lam Kong, through his China Medical System and A&B Company businesses, has agreed to buy 207.8mln new shares for 3.85p each, bringing in £8mln for Midatech.
Next Fifteen Communications Group Plc (LON:NFC), the digital marketing and communications group, expects its full-year results will be in line with expectations.
Brady Plc (LON:BRY) has said its outlook for 2019 “continues to be positive” as it issued an in-line trading update for the year ended 31 December.
Kore Potash PLC (LON:KP2) has revealed the results of a definitive feasibility study for the Kola potash project in the Republic of Congo. The project’s post-tax NPV at a 10% discount rings in at a chunky US$1.45bn.
Alluvial gold production at Xtract Resources PLC’s (LON:XTR) Manica mine in Mozambique totalled 41.3kg – equivalent to 1,328 ounces – in the final quarter of 2018. AIM-quoted Xtract said the “modest results” reflected the lower-grade areas mined during the three-month period.
Metal Tiger PLC (LON:MTR) has said that the feasibility study for the T3 Copper project in Botswana remains on track for completion in the first quarter of this year.
Rambler Metals and Mining PLC (LON:RMM) has revealed that after five years in the post, chief executive Norman Williams is standing down to pursue other interests. To ensure a smooth transition, he has agreed to remain with Rambler for an interim period.
Custodian REIT PLC (LON:CREI) has reported a steady net asset value (NAV) per share as its portfolio value rose in the last three months of 2018.
Victoria Oil & Gas PLC (LON:VOG) has provided a production update and clarified it funding position. The former first: grid power customer ENEO resumed consumption, taking average gas output to 10mln standard cubic feet a day including gas condensate sales. At 12mln cubic feet, which was achieved last week (19-25 Jan), monthly revenues would be US$2mln, the Cameroon-focused producer said.
Metallurgical test work from the Mina do Barroso project owned by Savannah Resources PLC (LON:SAV) continues to show that a conventional 6% Li₂O, low-impurity concentrate can be produced with high recoveries.
Liberum Capital has officially initiated coverage on SigmaRoc PLC (LON:SRC) with a ‘buy’ rating and a 59p target price after publishing its first estimates for the construction materials firm last week.
ARC Minerals Limited (LON:ARCM) has updated on the construction of a commercial-scale demonstration plant at its Zamsort copper-cobalt project in Zambia.
Comprehensive field evaporation trials at the Lake Way project owned by Salt Lake Potash Ltd (LON:SO4) are successfully producing substantial volumes of potassium harvest salts, validating the modelled salt production process.
Scotgold Resources Limited (LON:SGZ) said it was notified on 29 January 2019 that its non-executive chairman, Nathaniel le Roux acquired 40,000 ordinary shares in the company at a price of 36p each. Following the purchase, it added, le Roux will have a beneficial interest in 22,618,223 ordinary shares, representing approximately 49.56% of the company’s ordinary share capital, up from 49.47% previously.
Tower Resources PLC (LON:TRP), the AIM-listed oil and gas company with its focus on Africa, said it will be providing an Investor Update at the Oil Capital Conference in London on Thursday 31 January 2019.
Kibo Energy PLC (LON:KIBO), the multi-asset Africa-focused energy company, said its Q1 2019 corporate presentation is now available to view on its corporate website.
Vast Resources PLC (LON:VAST), the AIM listed mining company with operations in Romania and Zimbabwe, is pleased to advise that it has published a Shareholder Q&A document addressing questions from shareholders, which can be accessed at: https://www.vastresourcesplc.com/investor-relations/shareholder-qas/. The AIM listed mining company, with operations in Romania and Zimbabwe, also said it has published a new corporate presentation which provides an update on growth opportunities. https://www.vastresourcesplc.com/media/.