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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news snapshot: Shanta Gold, Ceres Power, Anglo Asian Mining …

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

Shanta Gold Limited (LON:SHG), the East Africa-focused gold producer, has found exceptional grades in its latest drilling campaign at New Luika in south-western Tanzania.

Ceres Power Holdings PLC (LON:CWR) has launched the first fuel cell system using its technology into the Japanese market as part of a partnership with boiler maker Miura.

Azerbaijan-based gold miner Anglo Asian Mining PLC (LON:AAZ) has repeated its forecast for up to 86,000 of gold equivalent ounces this year (2019). Anglo is currently operating at an all-in sustaining cost of US$541 per ounce, among the lowest for a gold miner anywhere, and made a profit of US$25.2mln in 2018 - a four-fold increase.

ValiRx Plc (LON:VAL) has been given regulatory clearance to increase the dose of its VAL201 drug following an amendment to the clinical trial it is currently carrying out. The first-in-human study of men suffering prostate cancer has revealed the safe toxicological limits are higher than suggested by pre-clinical assessments of the compound.

Cosmetics testing group Integumen PLC (LON:SKIN) has added two industry veterans to its senior management team. Paul Ryan has been appointed as the company’s head of enterprise sales at Labskin AI, while Colin O’Sullivan joins as chief information officer, a position he previously held at the Australian Medical Association. In a separate stock exchange announcement, the AIM-quoted company confirmed a shareholder had exercised warrants over 2.5mln shares, bringing in £37,500.

Avacta Group PLC (LON:AVCT) has selected a company called Selexis to help develop the Chinese hamster ovary cell line that will be used to manufacture the company’s first Affimer clinical candidate.

IronRidge Resources Ltd (LON:IRR) has reported ‘significant’ intersections of mineralisation at the Ewoyaa West target, part of its Cape Coast lithium assets in Ghana. The mineralisation was encountered via the company’s trenching operations at Ewoyaa West.

Adamas Finance Asia Ltd’s (LON:ADAM) investment manager completed a significant restructuring of the portfolio last year and invested in a number of SMEs the board believes have strong prospects.

Coinsilium Group Limited (LON:COIN), the NEX-listed blockchain venture builder, announced that Jet Trade Global Limited, a company wholly owned by its chief executive officer Eddy Travia yesterday purchased 200,000 ordinary shares in the company at a price of 2.75p each. The group said that Travia now holds, via Jet Trade Global Limited, 7,706,701 ordinary shares representing 6.09% of the issued share capital with voting rights of the company.

Diversified Gas & Oil PLC (LON:DGOC) announced late on Thursday that it had been notified that its chief financial officer, Eric Williams had acquired 10,000 ordinary shares in the company through the market at a price of 106.5p each. Following purchase, it added, Williams is now interested in 48,855 ordinary shares representing approximately 0.01% of the company's issued share capital.

discoverIE Group PLC (LON:DSCV) has some of the “most attractive” growth prospects in the UK industrials sector according to analysts at Berenberg, who on Thursday hiked their target price for the group to 520p from 490p.

Asiamet Resources Limited (LON:ARS) is now in a position to attract third-party investment following a feasibility study at its Beruang Kanan Main (BKM) copper project in Indonesia, according to analysts at Liberum Capital.

Summit Therapeutics PLC (LON:SUMM) (NASDAQ:SMMT) announced that it will present on its pipeline and strategy for the company’s new classes of antibiotics at the American Society for Microbiology Microbe conference taking place 20-24 June 2019 in San Francisco, CA.

Rockfire Resources PLC (LON:ROCK), the gold and base metal-focused resource company, announced that an updated version of its corporate presentation is now available on the company's website.

African Battery Metals Plc (LON:ABM) advised shareholders that Dr Roger Key, chief executive officer of Kalahari Key Mineral Exploration Pty Limited – in which ABM holds an 18.26% stake - gave a presentation at the Botswana Resource Sector Conference held in Gaborone, Botswana. The AIM listed battery metals exploration and development company said the presentation was entitled "Exploration for Ni and PGMs in the Molopo Farms Complex's Feeder Zone" and can be viewed through the following link: https://www.capconferences.com/files/2019/06/Tuesday-11th-June-1120hrs-Roger-Key.pdf

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