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The Markets
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The Markets
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Proactive news snapshot: Argo Blockchain, CentralNic, Europa Metals...

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

Argo Blockchain PLC (LON:ARB) unveiled a strategic co-operation deal that values its shares well in excess of the current market price as it took aim at a proposal from an activist investor to place its own appointee to the board.

Internet domain name seller CentralNic Group PLC (LON:CNIC) saw revenue double in 2018.

Europa Metals Ltd (LON:EUZ) will commence drilling at the Toral zinc project in Spain within five days, following the mobilisation of a rig to site.

Live Company Group Plc (LON:LVCG) has inked a multi-year deal to stage its BRICKLIVE shows in Belgium. Under the deal, its partner Exhibition Hub will stage one BRICKLIVE show in the country each year up to 30 November 2021, with the first show to be held between 25 October and 3 November this year.

Polarean Imaging Plc (LON:POLX) is adding a third clinical trial site to the phase III study of its hyperpolarised 129-Xenon (129Xe) gas magnetic resonance imaging (MRI) technology.

Columbus Energy Resources PLC (LON:CERP) told investors it has received a private petroleum licence for the Bonasse licence area in the South West Peninsula of Trinidad.

Union Jack Oil PLC (LON:UJO) chairman David Bramhill today told investors that the “future remains bright” as the company continue to advance it onshore UK growth strategy.

Hurricane Energy Plc (LON:HUR) has confirmed a key milestone towards the delivery of the Lancaster field early production system (EPS), with the Aoka Mizu vessel taking on hydrocarbons.

Angling Direct PLC (LON:ANG), the fishing tackle and equipment retailer, has seen like-for-like (LFL) sales continue to surge this year. The first two months of the current financial year – i.e. February and March – saw LFL sales rise by 28.5% year-on-year, while overall sales were up 50.7% on the previous year.

Background checking group ClearStar Inc (LON:CLSU) swung to an underlying profit in 2018 as a jump in big-name clients helped it generate record revenues.

WideCells Group PLC (LON:WDC) said it had made a strong start to “establishing its offering and building out its presence” in the new media space as it announced plans to change its name.

Strategic Minerals PLC (LON:SML) is now close to completing on its acquisition from New Age Exploration Ltd of the 50% of Cornwall Resources that it doesn’t already own. Cornwall Resources is the joint venture vehicle holding the Redmoor tin and tungsten project located in Cornwall.

African Battery Metals PLC (LON:ABM) has acquired an 18.26% stake in Kalahari Key Mineral Exploration Ltd. Kalahari Key owns the Molopo Farms Complex project in south-west Botswana, known to be highly prospective for nickel and platinum group metals.

Bluejay Mining PLC (LON:JAY) has joined a local workforce training scheme to build a skilled labour pool for its Dundas ilmenite project in Greenland.

Avation PLC (LON:AVAP) has added Cebu Air, the largest domestic airline in the Philippines, to its growing roster of customers.

Caledonia Mining Corporation PLC (LON:CMCL) has seen a hike in the price of gold produced from its Blanket mine in Zimbabwe.

Adept Technology Group PLC (LON:ADT) edged higher on Monday after the IT and communications provider’s new chief executive snapped up £10,000 worth of shares. Phil Race, who took over as CEO from Ian Fishwick in January, bought 2,778 shares at 360p apiece.

Stobart Group Ltd (LON:STOB) has pushed back the release of its full-year results by two weeks as the disposal of its airline business has taken up most of its time.

Eight Peaks Group PLC has appointed electronic platform Asset Match Ltd to facilitate trading in the shares of the company following the cancellation to trading on AIM. Asset Match allows investors to buy and sell shares in companies that are not publicly listed.

Woodbois Limited (LON:WBI) shares surged on Monday after it cut losses in its latest full year and aimed to add “significant scale” to its business in 2019.

Shefa Yamin (LON:SEFA) said it has raised £1mln from new shareholders through a subscription and placing of shares to support its key projects in Israel.

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