ValiRx Plc’s (LON:VAL) joint venture ValiSeek has agreed letters of intent with one European and one US partner to take lung cancer treatment VAL401 into a phase III trial. ValiSeek is also seeking external financing towards the next trial and will handle the commercial negotiations with ValiRx having no further financial commitment to the next stages of VAL401’s development.
Erris Resources PLC (LON:ERIS) has delivered positive results from 527 closely spaced soil samples taken from the Abbeytown zinc project in County Sligo, Ireland. Three new targets have been identified up to 1.25 kilometres southwest of the old Abbeytown mine.
Eurasia Mining plc (LON:EUA) saw its shares jump on Tuesday after the firm revealed it has signed an engineering, procurement and construction (EPC) contract and an associated mine finance package with Chinese company Sinosteel for the Monchetundra Project in Russia.
Shares in S & U PLC (LON:SUS) opened sharply higher after the company revealed another year of record profits for its car purchase finance arm. The loans specialist cheered the market with a 12.3% increase in the full-year dividend to 118p in respect of fiscal 2019 from 105p in fiscal 2018.
Personal Group Holdings PLC (LON:PGH) has reported improved profits in its latest full year, saying that it saw “potential opportunity” in a less predictable business environment caused by the ongoing Brexit shenanigans. Big Pic needed.
Alliance Pharma PLC (LON:APH) posted strong growth, boosted by acquisitions, as overseas sales surpassed domestic revenues for the first time ever. The company’s star international brands performed well, led by Kelo-cote, a skin treatment.
Motif Bio PLC (LON:MTFB, NASDAQ:MTFB) received a monetary boost – and by extension a vote of confidence in its prospects – as it raised £2.7mln via a share placing. The cash will fund the business through the coming months as it meets with officials at the US Food & Drug Administration to discuss the future of its antibiotic, iclaprim.
Arix Bioscience PLC’s (LON:ARIX) portfolio company, Autolus Therapeutics, has announced positive updated safety and efficacy data for its AUTO3 leukaemia drug ahead of its inaugural R&D day in New York.
Faron Pharmaceuticals Oy (LON:FARN) shares rose on Tuesday as some positive progress from a cancer treatment trial was released as the firm unveiled plans to raise around €3mln (£2.5mln) via a share placing and a subscription to advance its development programmes and provide working capital into the third-quarter of 2019.
Galantas Gold Corporation (LON:GAL)(CVE:GAL) is expanding its gold milling capacity at the Omagh mine in Northern Ireland. The company’s mill is already producing a gold and silver concentrate using a non-toxic, froth-flotation process.
Pizza chain operator DP Poland PLC (LON:DPP) is trying out a partnership with Poland's largest takeaway delivery aggregator and the early signs are promising. The company, which operates the Domino's Pizza franchise in Poland, has already warned the market that it faced increased competition in the second half of 2018 from the two main delivery aggregators and it has evidently decided that if you can't beat 'em, join 'em.
The open pit reserve at the T3 copper project in Botswana has been increased to 34.4mln tonnes grading 1% copper and 13.2 grams per tonne silver, after a significant work programme undertaken by owner MOD Resources (LON:MOD). London-based investment company Metal Tiger PLC (LON:MTR) holds around 10.5% of MOD.
Kore Potash PLC (LON:KP2) has received an engineering, procurement and construction proposal from a French consortium of engineering companies, comprising Technip France, Vinci Construction, Egis International and Louis Dreyfus. The proposal was a month late.
Red Rock Resources PLC (LON:RRR) noted that Jupiter Mines Limited (ASX:JMS), in which it holds a 0.95% stake, has announced an intention to review its iron ore projects in the Yilgarn district of Western Australia with a view to realising value.
88 Energy Ltd’s (LON:88E, ASX:88E) exploration partner Red Emperor Resources (LON:RMP, ASX:RMP) has issued a statement reaffirming its intention to continue pursuit of oil in the Nanushuk play. It comes as 88 Energy has plugged and abandoned the Winx-1 well which unearthed more than one potential oil zone, but, none were found to be sufficiently promising to conduct further testing.
ADES International Holding PLC (LON:ADES) told investors that it has now completed its transaction with Weatherford International, to acquire a package of rigs currently in Algeria and Iraq. For a total of US$32mln, the company has picked up two onshore rigs currently in Algeria and two that are in southern Iraq but are due for relocation to Saudi Arabia.
FairFX, the e-banking and international payments group said it has raised around £2mln before expenses after the exercise of warrants over 7,500,000 new ordinary shares which were issued to Crystal Amber Fund in conjunction with the company's equity placing announced in March 2016. The group said the funds raised will support its growth plans in 2019 and beyond.
Be Heard Group PLC (LON:BHRD), the digital marketing group, said it was notified that on 25 March 2019, its chief executive officer, Simon Pyper purchased 397,768 ordinary shares in the company at 1.255p each. The group said Pyper's total holding in the company is now 4,138,456 ordinary shares, representing 0.40% of the total issued share capital.
Highlands Natural Resources PLC (LON:HNR) said, further to its recent subscription and PrimaryBid fundraising, its executive chairman, Robert Price's holding in the company now represents 8.79% of the group’s total voting rights, although the number of ordinary shares held by Price has not changed.
Solo Oil PLC (LON:SOLO) announced that an updated copy of the company's presentation is available on its website.
Franchise Brands PLC (LON:FRAN), an international multi-brand franchisor, announced that it will be exhibiting at the UK Investor Show 2019 taking place at the Queen Elizabeth II Conference Centre, Westminster this Saturday 30 March 2019, and can be found at Stand 52.