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Proactive news snapshot: Kavango Resources, Motif Bio, Shanta Gold...

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

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Your daily round-up from the world of Proactive

Kavango Resources PLC (LON:KAV) has acquired a new prospecting licence adjacent to the existing Ditau licence in Botswana. 

Motif Bio PLC (LON:MTFB) has requested a second meeting with the US drug regulator as part of its bid to win marketing approval for its antibiotic, iclaprim. 

Shanta Gold (LON:SHG) says additional resources booked from drilling at New Luika will extend the life of the Tanzanian gold mine to at least 2025. 

Bezant Resources PLC (LON:BZT) has completed a key component of the Environmental Impact Assessment baseline study required for the successful future completion of a pre-feasibility study at the Mankayan copper-gold project in the Philippines. 

Kibo Energy PLC (LON:KIBO) has inked a collaboration deal with STEAG which envisages a co-operation to develop the AIM-firm’s energy portfolio.

Providence Resources PLC (LON:PVR) has confirmed a further extension of its farm-out backstop date, to allow for payment processing. 

Greatland Gold PLC (LON:GGP) said it has identified numerous high-priority exploration targets at Paterson Range East after conducting a aeromagnetic survey over the licence area.

Precious metals explorer ECR Minerals PLC (LON:ECR) has started rock chip sampling at the Timor gold project in Victoria, Australia.

Adamas Finance Asia Ltd (LON:ADAM) has struck a deal with a Hong Kong-based family office to split its investment in a Japanese ski resort accommodation project.

Location Sciences Group PLC (LON:LSAI) has appointed a media trading veteran to advise on the growth strategy for Verify, its independent location verification platform. The data and analytics firm said it had appointed Andy Roberts, the former global head of trading at MindShare, a subsidiary of FTSE 100 media giant WPP PLC (LON:WPP).

Instem PLC (LON:INS) said all three areas of its business performed well in the first half of 2019 and the group is on track to meet full-year expectations.

Eland Oil & Gas PLC (LON:ELA) shares were higher on Monday after it received approval for a field development plan (FDP) for the Gbetiokun field in the Niger Delta.

Strategic Minerals PLC (LON:SML)(USOTC:SMCDY) generated US$203,000 of free cash in the three months to June 2019 from magnetite production from Cobre. Additionally, the company raised £820,000 on 25 June and received the money in early July.

Mosman Oil And Gas Ltd (LON:MSMN) has told investors that the Stanley-2 well, in Texas, is now on production.

SIMEC Atlantis Energy Ltd (LON:SAE) has updated on its conversion project at the Uskmouth power station in Newport, South Wales. Formerly a coal-fired plant the Uskmouth is being converted so that it can burn fuel pellets, derived from plastic waste, to generate a baseload capacity of 220 megawatts.

YellowCake PLC (LON:YCA) has welcomed the decision by US President Donald Trump not to impose any new trade restrictions on uranium imports into the US.

Anglo African Oil & Gas PLC (LON:AAOG) has been informed by international counsel that its claim against Société de Maintenance Pétrolière (SMP), the rig contractor for the TLP-103 and TLP-103C wells, has merit.

Anglo Asian Mining PLC (LON:AAZ) boosted production by 7% to 39,905 gold equivalent ounces in the six months to June 2019, when set against the comparable period a year earlier.

Block Energy PLC (LON:BLOE) has raised its stake in the West Rustavi field in Georgia to 100% from 71.5%.

Ceres Power Holdings PLC (LON:CWR) shares surged on Monday after it signed a collaboration agreement with South Korean conglomerate Doosan that will earn it £8mln over two years.

Oncimmune Holdings PLC’s (LON:ONC) chief executive Adam Hill said a deal to sell its cancer detection product to a Spanish private healthcare group “highlights the growing momentum behind our business”.

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