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The Markets
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Proactive news snapshot: Haydale Graphene, Echo Energy, ValiRx, Personal Group …

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

Haydale Graphene Industries PLC (LON:HAYD) has started to produce ceramic blanks for the cutting tool industry in commercial quantities. The company has spent US$1.5mln in its own production facilities in the US and will now use internally-produced engineered ceramic blends to manufacture and sell sintered ceramic blanks.

Echo Energy Plc (LON:ECHO) managing director Martin Hull has told investors that the South America focussed explorer sees the remainder of 2019 as “very exciting” as it aims to advance the Tapi Aike project. In its financial results statement, for the year to 31 December 2018, the company highlighted the acquisition and initial advancement of the asset, located in Argentina.

ValiRx Plc (LON:VAL) has unveiled a double deal – an acquisition and an outline joint-venture agreement. The company is buying for a nominal sum patents and intellectual property formerly owned by a Finnish company called FIT Biotech. It has also signed a letter of intent with corporate financier Alpha Blue Ocean outlining the terms of a therapeutic and diagnostic-based collaboration.

Personal Group Holding PLC (LON:PGH) is eyeing an improved performance of its software-as-a-service (SaaS) business over the rest of 2019 after a solid start to the year. In a statement to be read at its AGM on Thursday afternoon, Mark Winlow, chairman of the employee benefits firm, said trading so far had been “in-line with expectations” and that the company was on course to meet its expectations for the full year.

Sativa Investments PLC (LON: SATI), the UK's first medicinal cannabis investment vehicle, is to open the first of its Goodbody & Blunt wellness centres in Bath and has leased a 60.67 square metre retail unit with frontage on to the prime, high footfall, Broad Street and Milson Place City-centre shopping destinations.

accesso Technology Group PLC (LON:ACSO) said its software will be deployed at the St Louis Aquarium and entertainment complex at Union Station in the US city. It is teaming up with zoOceanarium Group, a zoo and aquarium developer, and Lodging Hospitality Management, a hospitality group, for the roll-out.

Greencoat UK Wind PLC (LON:UKW) is to raise around £660mln to grow further its burgeoning portfolio of UK-based renewable energy projects. Through the facility, up to 500mln of new shares can be issued in tranches over the next 12 months. The initial issue will be priced at 133p, a 6% discount to yesterday’s 142p close.

Solo Oil PLC (LON:SOLO) has highlighted management changes at its 13.8% owned Helium One business, where Ian Stalker will now be hired as managing director. Stalker is an well regarded mining executive who among his previous roles was chief executive of Uramin Inc which was sold for US$2.5bn to Areva in August 2017.

African Battery Metals PLC (LON:ABM) said samples have been taken from 248 termite mounds at its Kisinka copper-cobalt project in the Democratic Republic of Congo. It follows the restart of activities on April 12.

W Resources PLC (LON:WRES) completed the first T2 mine blast at its La Parrilla tungsten project in Spain at the end of April.

OptiBiotix Health PLC (LON:OPTI), the life sciences business developing products to tackle obesity, high cholesterol and diabetes, announced that Stephen O'Hara, its CEO will be presenting at an investor evening hosted by Turner Pope Investments Ltd on Monday, 13 May 2019 in the City of London, which will commence at 5pm.

Shield Therapeutics PLC (LON:STX), a commercial stage pharmaceutical company with a focus on addressing iron deficiency with or without anaemia via its lead product Feraccru, announced that it will be presenting at the ShareSoc Growth Company Seminar in London on Wednesday 8 May, 2019. The event, at which Shield’s CFO Tim Watts will deliver a presentation detailing the company's strategy, will commence at 5.30pm at the offices of Link Asset Services, 65 Gresham Street, London, EC2V 7NQ.

Anglo Asian Mining PLC (LON:AAU), the AIM listed gold, copper and silver producer focused in Azerbaijan, said an updated corporate presentation, is now available on the company's website.

WideCells PLC (LON:WDC) announced yesterday that, further to the financing agreement, announced on 27 September 2018, with European High Growth Opportunities Securitization Fund, it has signed a deed of variation in which the two parties have agreed to set a minimum conversion price for the bonds at the greater of £0.004, or 90% of the lowest closing volume-weighted average price of ordinary shares in the 15 trading days prior to conversion. The group also announced that Peter Presland has stepped down from the board as a non-executive director with immediate effect in order to pursue his other business interests.

Walls & Futures REIT Plc (LON:WAFR), the Ethical Housing REIT, announced today that it had been nominated for two awards, NEX Exchange Company of the Year and Impact Company of the Year, at the 2019 Small Cap Awards in partnership with Project Heather.

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