Proactive news snapshot: Gaming Realms, Sareum Holdings, Anglo Asian Mining …

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

Your daily round-up from the world of Proactive

All of Gaming Realms PLC’s (LON:GMR) Slingo Originals mobile games are to be distributed through one of the industry’s largest content aggregation platforms after it struck a deal with Scientific Games Corporation’s (NASDAQ:SGMS) Digital Group.

The findings from clinical trials of a cancer drug developed by Sareum Holdings PLC (LON:SAR) will be showcased at a leading international cancer conference next month. SRA737 is one of a new breed of drugs called checkpoint inhibitors that aim to overcome cancer’s defence against the immune system.

Azerbaijan-focused gold miner Anglo Asian Mining PLC (LON:AAZ) saw annual profits surge as production in 2018 came in at the top of its forecast and sales jumped by over a third. Output in the year to December rose 17% to 83,736 gold equivalent ounces, while sales jumped 36% to just under 59,500oz at an unchanged price of US$1,265 per oz.

SigmaRoc PLC (LON:SRC) shares jumped on Thursday after its 2018 profits more than doubled, with the company eyeing further expansion in 2019.

Kavango Resources PLC (LON:KAV) believes it has a sizeable mineral deposit at Ditau in Botswana after the completion of initial drilling. Michael Foster, chief executive, said:  "We are extremely encouraged that the geophysics, geochemistry and the initial drilling which we have now completed at Ditau have been very successful in predicting a prospective hydrothermal system under complete cover.” 

Belvoir Lettings PLC (LON:BLV), the UK's largest property franchise, said it is outperforming the three key markets in which it operates. After a robust first quarter of 2019, the board is confident of meeting market expectations for the full year.

A peer-reviewed publication has given backing to a cancer immunotherapy platform developed by PDS Biotechnology Corporation (NASDAQ:PDSB) – one of Netscientific PLC’s (LON:NSCI) portfolio companies. The article, published online earlier this month in the Journal of Immunology, describes how the Versamune platform recruits and activates T-cells.

Avation PLC (LON:AVAP) has delivered its sixth new Airbus A220-300 aircraft to Latvian based carrier airBaltic. The aircraft leasing firm said the 12-year lease for the aircraft commenced on 15 May and was the last in the series of aircraft contracted to airBaltic.

Accesso Technology Group PLC (LON:ACSO) has agreed a new three-year partnership with the National WWII Museum in New Orleans, which will see it provide ticketing and ecommerce services.

Seeing Machines Limited (LON:SEE) has streamlined its Fleet Division in a push to accelerate the adoption of its driver-monitoring technology. The AIM-listed firm said that following a strategic review of the division it had shrunk the size of the team by 30% to reduce costs and right size the unit, while also channelling its business development through an expanding distribution network.

Diversified Gas & Oil PLC (LON:DGOC) reported first quarter production at 69,000 barrels of oil equivalent per day (boepd), in-line with rates at the end of last year. The company, in a statement, added that production in April exceeded 70,000 boepd and upon factoring in the addition of the acquired HG Energy II assets the rate jumps to over 90,000 boepd.

Regional UK office investment, development and management company, Circle Property PLC (LON:CRC), saw its portfolio increase in value by 9.2% in the last financial year. As at the end of March, the portfolio was independently valued at £124.6mln, up from £114.1mln a year earlier.

BlueRock Diamonds PLC (LON:BRD) has unveiled a number of measures to reform and restructure its business and operations in South Africa. It has raised £982,000 through an equity sale to support expansion plans for the Kareevlei mine. The company simultaneously gave details of the new mining plan which is presently being implemented, targeting an increase in production and improved cash flow generation.

Block Energy PLC (LON:BLOE) has confirmed the close of the bookbuild for its new placing and has priced the funding at 11p per share. On Wednesday evening, Block launched a £12mln equity raise in order to fund an accelerated growth strategy in the Republic of Georgia. In a separate statement, Block Energy also announced that Novum Securities has today stepped down as its broker, with Mirabaud Securities now sole broker to the company.

Strategic Minerals PLC (LON:SML) managing director John Peters says a recent study of the company’s tin-tungsten project in Cornwall has confirmed its world class potential. A preliminary assessment of the underground possibilities for the Redmoor asset by the consultants Wardle Armstrong concluded there is scope to mine 600,000 tonnes of ore a year for the next decade. That is based on a 7.1mln-tonne resource with a 1.09% tin equivalent grade.

Horizonte Minerals PLC (LON:HZM) this morning released its financial results for the three months ended 31 March 2019, which confirmed it had £5.28mln of cash at the end of the first quarter. The pre-revenue exploration and mine development group reported a £453,740 loss for the quarter.

Oracle Power Plc (LON:ORCP) has moved to clear confusion over the memorandum of understanding with its Chinese partners for the Thar thermal power station project in Pakistan. A ceremonial signing of the agreement last month left out some clauses, but Oracle said today it had now received assurances from both partners - Beijing Jingneng and PowerChina - that the MOU is intact.

FairFX Group PLC (LON:FFX) has agreed to pay £500,000 in additional consideration for Q Money Limited relating to its acquisition of the firm in January 2017. The international payment services provider said the payment followed the achievement of “certain performance milestones”, with a final additional consideration of £325,000 potentially payable in the future subject to a final performance condition in 2020.

Shanta Gold Limited (LON:SHG) said it has completed the buyback of US$4.89mln worth, or approximately 33.33% of the outstanding unsecured subordinated convertible loan notes due April 2020 formerly held by third parties in accordance with the scheme announced on 26 June 2018. The group added that the US$9.78mln of notes that remain outstanding with third parties are redeemable on 10 April 2020.

Salt Lake Potash Ltd (LON:SO4) (ASX:SO4) non-executive director Matthew Syme, its former chief executive officer, has acquired 750,000 shares in the company for $300,000. The transaction came about through the exercise of incentive options priced at 40 cents and increases Syme’s holding in the company to 5.25 million shares.

Argo Blockchain PLC (LON:ARB) confirmed that, at the general meeting convened on Thursday, an indefinite adjournment was approved on a show of hands, so accordingly, Jonathan Bixby's resignation as a director has now become effective.

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