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Proactive news snapshot: Amur Minerals, Ormonde Mining, Europa Oil & Gas …

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

Amur Minerals Corporation (LON:AMC) has revealed details of a pre-feasibility study for its Kun-Manie nickel project in Russia’s Far East. Two scenarios were outlined, both capable of delivering cash flow of more than US$2bn over the life of the mine.

Ormonde Mining plc (LON:ORM) is now in the commissioning stages at the Barruecopardo tungsten project in Spain, in which it holds a 30% interest.

Europa Oil & Gas Holdings PLC (LON:EOG) has highlighted a new prospect inventory for its priority exploration area in the Slyne Basin, off Ireland’s west coast. The Inishkea gas targets remain the company’s primary focus, and the new inventory confirms some 1.5 trillion cubic feet in prospective resources.

Block Energy Plc (LON:BLOE) has announced a deal that sees it take full ownership of the West Rustavi licence in Georgia. The company already owns 25% of West Rustavi and the new agreement with Georgian Oil and Gas Limited (GOG) will increase the stake up to 100%.

Corero Network Security PLC (LON:CNS) has announced the largest contract to date for its DDoS Protection as a Service (DDPaaS) product as it unveiled three new orders totalling US$1.6mln.

Kromek Group PLC (LON:KMK) has secured a contract to supply its CZT radiation detectors to a new customer, an original equipment manufacturer (OEM), for use in the nuclear security market.

A collection of pieces designed by celebrity jeweller Yossi Harari using gemstones recovered by Israeli miner Shefa Yamim (ATM) Ltd (LON:SEFA), has been completed.

Scotgold Resources LTD (LON:SGZ) has begun preparations for construction on the ground at the Cononish mine. The company has also secured an additional £1mln in loan finance from major backer Nat Le Roux

SigmaRoc PLC (LON:SRC) has gained the exclusive licensing of the Road Zipper System - T-shaped moveable barriers that are connected to form a continuous wall – after agreeing a partnership deal with Lindsay Corporation (NYSE:LNN). The AIM-quoted buy-and-build construction materials group pointed out that the Road Zipper System is used globally and accepted by many highways agencies, including Highways England.

88 Energy Ltd (LON:88E) revealed it is approach its target in the Winx exploration well in Alaska. The explorer, in a statement, said that the drilling of Winx-1 was now entering the interval where the primary Nanushuk targets are anticipated.

ImmuPharma PLC (LON:IMM) said peer-reviewed journal Nature Communications has carried an article assessing the potential of Urelix, a technology developed by its subsidiary Ureka. The periodical has described for the first time the unique properties of oligourea foldamers as tools to improve the pharmaceutical properties of peptides.

Iain Clarkson, the chief financial officer at WYG PLC (LON:WYG), has resigned with immediate effect. The project management and consultancy group has begun its initial search for a replacement.

Echo Energy Plc (LON:ECHO) has told investors that a 3D seismic survey has been completed for the eastern portion of the Tapi Aike project onshore Argentina. Equipment is now being mobilised to the western portion, in order to complete the programme.

Premier African Minerals Ltd (LON:PREM) is to recommence drilling at the wholly-owned Zulu lithium and tantalum project in Zimbabwe. Mobilisation will commence immediately, and drilling is expected to commence as soon as mobilisation is complete and seasonal rains permit.

Life sciences and technology incubator Amphion Innovations PLC (LON:AMP) said £6.56mln of promissory notes due in December 2018 have been rolled over for a year. Under the terms of an amended arrangement, the notes can be converted into shares at 3p. The coupon will be 10% if the interest payments are made in cash or additional notes, or 12% if they are satisfied by shares.

Tekcapital LON:TEK), the UK intellectual property (IP) investment group focused on creating marketplace value from university technology, announced the publication of a research note update by Align Research which is available from: https://www.alignresearch.co.uk/cpt-company/tekcapital/.

Tekcapital also announced that it will host an investor and analyst conference call at 17:00 UK local time on 14 March 2019, hosted by its chief executive officer, Clifford Gross, followed by a question and answer session to which investors are invited to submit questions via email to tekcapital@yellowjerseypr.com.

G3 Exploration Ltd (LSE:G3E), announced that, following the recent announcement of a Dividend in Specie Declaration and Asset Sale Update, the company's management will be hosting an investor conference call at 9.30am UK time on Thursday 28 February 2019, where they will provide investors with an opportunity to ask questions on recent developments. Further information is available on the company's website. https://www.g3-ex.com/

Ariana Resources PLC (LON:AAU), the exploration and development company with gold mining operations in Turkey, announced that its registered office has changed, with immediate effect to 2nd Floor, Regis House, London EC4R 9AN.

Cadogan Petroleum PLC (LON:CAD) has entered into a €13.4mln loan agreement with Proger Managers & Partners Srl (PMP).

Midatech Pharma PLC (LON:MTPH) shares soared as shareholders approved a strategic investment by Chinese billionaire Lam Kong.

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