Asiamet Resources Limited (LON:ARS) has received two key approvals for its wholly-owned BKM copper project in Central Kalimantan, Indonesia.
Victoria Oil & Gas PLC (LON:VOG) has today confirmed the result of its equity raise, with the company successfully selling 59.35mln new shares priced at 13p each. The placing was oversubscribed, VOG highlighted, with new and existing investors taking up shares.
Strategic Minerals PLC (LON:SML) is to restart copper production at the Leigh Creek copper mine’s Mountain of Light (MoL) processing facility in April of this year.
ANGLE PLC (LON:AGL, OTCQX:ANPCY) said it had passed a “key milestone” following the completion of recruitment to a phase III clinical study to assess the potential of its liquid biopsy in metastatic breast cancer. A total of 400 people will be screened using the Parsortix system, which harvests tumour cells. The work is being carried out at world-leading cancer centres in Texas, California and Illinois.
Sound Energy PLC (LON:SOU) has told investors that it has continued positive discussions with the Moroccan authorities over a gas sales agreement that would unlock the Tendrara project for production.
Touchstone Exploration Inc (LON:TXP) has released its annual reserves assessment, showing a 5% increase in proved reserves. Proven (1P) reserves amounted to 11.2mln barrels while proven and probable (2P) increased by 4% to 19.2mln barrels.
Metal Tiger PLC (LON:MTR) said its investee company Kalahari Metals Limited (KML) has reported that results from recently completed soil sampling and re-interpretation of historical data over the Kitlanya joint venture copper project has provided compelling targets for drill testing.
Oil and gas company i3 Energy PLC (LON:I3E) has responded to speculation about a possible fund-raising by saying it is considering many viable funding options.
Existing institutional investor Lombard Odier Asset Management is to inject a further £2mln into forestry and timber trader Obtala Limited (LON:OBT). Proceeds are earmarked for immediate capex at its facilities in Gabon including: upgrading 2 heavy-duty vertical bandsaws in the sawmill and the installation of a plywood manufacturing line within the veneer factory
Block Energy Plc (LON:BLOE) revealed a significant increase in production rate at Norio wells 44 and 27. The company said that the improvement is “moving the combined current production rate at the Norio and Satskhenisi fields towards 60 barrels of oil per day.”
Widecells Group PLC (LON:WDC) said on Wednesday that it had issued a further drawdown notice for up to around £1.36mln under a financing agreement with the European High Growth Opportunities Securitisation Fund. The AIM-listed stem cells group said the funds will be paid in three tranches, in return for which will it issue bonds which can be converted into shares.
Silence Therapeutics PLC (LON:SLN), a leader in the discovery, development and delivery of novel RNA therapeutics for the treatment of serious diseases, announced that its chief executive officer, Dr David Horn Solomon is scheduled to present an overview and company update as well as host investor meetings at the 39th Annual Cowen Health Care Conference on Monday, 11 March 2019 at The Boston Marriott Copley Place, Boston, Mass.
Bushveld Minerals Limited (LON:BMN), the AIM-listed, integrated primary vanadium producer, with ownership of high grade vanadium assets in South Africa, announced that its CEO, Fortune Mojapelo attended and presented at the BMO Capital Markets 28th Annual Global Metals & Mining Conference, in Florida, between February 25 and February 27, with the presentation and audio currently available on the company's website.