Proactive news snapshot: Hurricane Energy PLC , Allergy Therapeutics, Polarean Imaging, Benchmark Holdings …

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

Your daily round-up from the world of Proactive

Hurricane Energy PLC (LON:HUR) shares flowed higher on Thursday after the explorer reassured investors that the recent disappointment of the Warwick Deep well doesn’t impact the nearby Lancaster field. Earlier this month, Hurricane bosses decided to plug and abandon the Warwick Deep well after it failed to flow at commercial rates, despite initial encouraging signs.

Allergy Therapeutics PLC (LON:AGY) has re-confirmed that its earnings will be ahead of market expectations as it continues to make market share gains. In a comprehensive update on trading, it said net revenue for the year is expected to be £73.7mln, up 8% on last year, while cash at the end of June was £27.4mln.

Europa Metals Ltd (LON:EUZ) has completed a second drill hole at its Toral lead-zinc-silver project in Spain and begun to drill a third.

The University of Kansas Medical Center has placed an order for another of Polarean Imaging PLC’s (LON:POLX) 9820 Xenon Polariser system.

Shares in Woodbois Limited (LON:WBI) jumped on Thursday afternoon after a record second quarter helped the Africa-focused forestry and timber trading group post a sharp rise in first-half revenues. The company, which manages 1mln acres of natural forest concessions in Gabon and Mozambique, racked up revenue of US$4.7mln in the three months ended 30 June.

Benchmark Holdings PLC (LON:BMK) has made a breakthrough discovery in increasing genetic resistance to a common infection that affects tilapia fish.

Coinsilium Group Limited (LON:COIN) has signed a strategic advisory agreement to promote adoption of the RSK Smart Contract Network in Singapore and Southeast Asia.

KRM22 PLC (LON:KRM) has signed a partnership with quantitative solutions provider Quant Foundry to integrate risk models into its Enterprise Risk Cockpit (ERC), while also announcing a trading update for its first half.

BigDish PLC (LON:DISH) has launched its discount dining app in Brighton with a number of restaurants. The AIM-listed company expects the number of restaurants using the platform in the city “will increase quickly” and for Brighton to be a “significant location” for the company.

OptiBiotix Health PLC (LON:OPTI) is close to completing the processes required to meet US regulatory compliance standards for the manufacture of its LPLDL strain, it announced in a commercial and scientific update.

Tremor International Ltd (LON:TRMR) has launched its Connected TV (CTV) advertising offering in what it says is an “important milestone” for the group.

Tekcapital PLC (LON:TEK) has agreed to raise £0.75mln from institutional shareholders to help with the commercialisation of its portfolio intellectual property owners. 

Bosses at cell-based therapeutics specialist ReNeuron Group have described the past 12 months as “transformational”. The highlight of the Neil Woodford-backed company’s year came in February, when it reported positive initial data from the mid-stage study of its retinitis pigmentosa treatment..

Berkeley Energia Ltd (LON:BKY) has revealed that Paul Atherley has resigned from his position as chief executive as the developer of the Salamanca uranium mine will set up its headquarters in Madrid. Atherley, who has been chief executive since June 2015, intends to concentrate on his other investments in the resource sector.

Providence Resources PLC (LON:PVR) has extended the backstop date for the farm-in at the Barryroe project until Friday, 12 July. Chinese group APEC had indicated it would lodge US$10mln to fund exploration on the project by close of play yesterday.

Haydale Graphene Industries PLC’s (LON:HAYD) results for the year to June just ended will be at the low end of market expectations. The last few months have been challenging, said chief executive Keith Broadbent, with costs slightly higher than expected while R&D tax credits have taken longer than expected to come through.

Ariana Resources PLC (LON:AAU) has highlighted ‘positive’ drill results from the Salinbas gold project in the ‘hot gold corridor’ in Turkey. Drilling encountered ‘Salinbas-type’ mineralisation in several holes, in an area between the known Salinbas deposit and the Ardala porphyry system.

Caledonia Mining Corporation PLC (LON:CMCL) has reiterated its 2019 production guidance after a second-quarter increase in output at its Blanket gold mine in Zimbabwe.

Jubilee Metals Group PLC (LON:JLP), in a broader project update, told investors it is ready to completed the acquisition of the Sable Zinc Kabwe refinery in Zambia. It highlighted that its team is now ready to start a programme of equipment upgrades at the site to process lead, zinc and vanadium.

Stobart Group Ltd (LON:STOB) has been notified that Woodford Investment Management Ltd has cut its stake in the group to less than 5%, down from 15.09% previously.

Active Energy Group PLC (LON:AEG) has appointed an experienced US-based engineering and consulting firm to install the reactors at its industrial site in Lumberton.

MaxCyte Inc. (LON:MXCT) (LON:MXCS), the global cell-based therapies and life sciences company, said it is today hosted a Capital Markets Day for institutional investors and analysts in London. The group noted that its chief executive officer, Doug Doerfler, will host the event with other members of MaxCyte's  commercial, medical and financial leadership team and leading key opinion leaders from the fields of cell and gene therapy and immuno-oncology.

IXICO PLC (LON:IXI), the data analytics company delivering insights in neuroscience,  said it has received notification that on 5 July 2019 and 9 July 2019 its chairman, Charles Spicer acquired 140,421 ordinary shares in the company at an average price of 28.485p. The group said, following these purchases, Spicer is interested in 333,196 ordinary shares, representing 0.71% of the company’s enlarged issued share capital.

Further to its announcement of 8 July 2019, BATM Advanced Communications Limited (LON:BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, confirm that the sroup's shares commenced trading on its Secondary Listing on the Tel Aviv Stock Exchange today. Based on its current market capitalisation, BATM said it expects to become a constituent of the TA-90 index at the next applicable assessment date.

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