Motif Bio PLC (LON:MTFB) (NASDAQ:MTFB), saw its shares jump on Wednesday after the biopharmaceutical company said the US Food & Drug Administration (FDA) has agreed to a meeting to discuss its need for additional data related to the new drug application for Motif’s novel antibiotic, iclaprim. Big Pic in February.
Bluejay Mining PLC (LON:JAY) has quashed speculation it will soon undertake an equity capital raise. The company has sufficient funding in place that allows it to conduct its budgeted activities into Spring 2020, the Greenland -focused miner said in a statement.
88 Energy Ltd (LON:88E) has presented a picture of a portfolio that retains multiple significant opportunities in Alaska, in the wake of the recent Winx-1 exploration well disappointment. The company, in a statement, specifically highlighted that it is closer to a deal in a farm-out process to bring a partner into the exploration of conventional prospects in the Project Icewine area.
Scancell Holdings PLC (LON:SCLP) has strengthened its intellectual property after it was granted two “important” patents in the US and Europe.
Midatech Pharma PLC (LON:MTPH) (NASDAQ:MTP) has announced a ratio change on its American Depositary Receipts from one ADR representing two ordinary shares, to a new ratio of one ADR representing twenty ordinary shares. The AIM-listed R&D company, focused on delivering innovative oncology and rare disease products to patients, said the effective date of the ratio change is expected to be 8 April 2019.
Block Energy Plc (LON:BLOE) has announced the completion of drilling in the West Rustavi Well 16a, which has encountered significant oil and gas shows. The company, in a statement, said that the well reached a total drilled depth of 2,659 metres, following successful horizontal sidetracking operations.
Eland Oil & Gas PLC (LON:ELA) has reported US$169.2mln of revenue, a new company record, in what is described as a “ground-breaking” year. Financial results, for the twelve months ended 31 December, saw the Nigeria focused producer make a maiden annual profit before tax at US$77.6mln.
Seeing Machines Limited (LON:SEE) revealed it has raised A$51.3mln (£27.5mln) from investors to help it take advantage of the growing demand for driver monitoring systems as the AIM-listed firm reported its first-half results. The company has issued 916.7mln new shares at 3p a piece – below yesterday’s closing price of 4.6p. Among the participants was its largest shareholder, VS International.
EQTEC Plc (LON:EQT) revealed that its largest shareholder, EBIOSS Energy SE has signed an exclusive collaboration agreement with Urbaser S.A.U under which they have agreed to use to its technology for waste to energy gasification projects in Bulgaria, Greece, Macedonia and potentially Romania. The AIM-listed group confirmed that, while it is not party to the agreement, it will conduct due diligence on any potential opportunities that are presented to it by the parties.
Bacanora Lithium Ltd (LON:BCN) reckons a new licence grant for its Deutsche Lithium subsidiary has the potential “significantly increase” the life of mine at its Zinnwald lithium project in Germany. Deutsche Lithium – 50%-owned by Bacanora – has been granted an additional five-year exploration licence which covers 42 square kilometres and completely surrounds Zinnwald.
Highlands Natural Resources PLC (LON:HNR) is to set up a cannabidiol (CBD) operation in Colorado using hydrogen from its gas operation in Kansas as fertiliser.
Telit Communications PLC (LON:TCM) said it has reached a settlement with the administrators of Bartolini After Market Electronic Services (BAMES) in regard to the liquidation of the latter.
Arecor has been given the green light from Austrian regulators to begin a Phase I trial of its AT247 Type I diabetes treatment. The Austrian Federal Office for Safety in Health Car (BASG) has approved Arecor’s Phase I clinical trial application (CTA).
OptiBiotix Health PLC (LON:OPTI) has signed an exclusive agreement with DKSH International to distribute its SlimBiome weight management ingredient in Italy and Spain.
Asiamet Resources Ltd (LON:ARS) continues to make progress with its latest round of drilling at the Beruang Kanan Main copper project in Indonesia, where 37 resource evaluation holes have now been completed, alongside four geotechnical holes, as part of an ongoing bankable feasibility study.
Caledonia Mining Corporation PLC LON:CMCL) produced 54,511 ounces of gold from its Blanket mine in Zimbabwe during the 12 months to December 2018. That was down slightly on the 56,133 ounces produced in 2017, as grades were somewhat weaker.
Union Jack Oil PLC (LON:UJO) has conditionally raised £1.75mln through a share sale with the funds earmarked for anticipated follow-up activities to follow a successful outcome in an upcoming well at the West Newton project.
BB Healthcare Trust PLC (LON:BBH) says Dr Daniel Koller is stepping down from his role as part of the management advisory team. Bellevue Asset Management, which manages the BB Healthcare trust, said Koller will focus his attention on BB Biotech, a German sister fund run by the investment group.
Physiomics Plc (LON:PYC), a provider of technology-based solutions to predict the effects of cancer treatment regimens for the biopharma industry, revealed that it is participating in the American Academy of Cancer Research (AACR) Annual Meeting 2019, taking place in Atlanta, Georgia, 29th March to 3rd April. The company said it will for the first time be presenting on two new topics arising from client and grant funded projects.
INTOSOL Holdings PLC (LON:INTO), the award-winning international luxury travel company, has announced the appointment of Hybridan as its broker and advisor with immediate effect.
Obtala Limited (LON:OBT), the African focused forestry and timber trading company said all resolutions were duly passed at its general meeting on Wednesday including the resolution to change the name of the Company to Woodbois Limited. The group said dealings under the new name are expected to commence at 7.00 am on 21 March 2019 under the amended AIM ticker of WBI.
Amur Minerals Corporation (LON:AMUR) announced that its directors and executive eanagement today bought 164,340 ordinary shares in the company at a price of 3.0p each as part of the Director and Executive Share Purchase Programme announced on 17 April 2018. It added that this purchase brings programme to completion.
Mkango Resources Ltd. (LON:MKA) (TSX-V:MKA) announced the exercise of warrants over 1,136,363 common shares in the company at an exercise price of 6.6p each, for an aggregate consideration of £75,000.
BATM Advanced Communications Limited (LON: BVC) said it has received an exercise notice from a current employee of the company to exercise options over 50,000 ordinary shares under the company's Employee Share Option Plan 2004.