Proactive news snapshot: Seeing Machines, United Oil & Gas, Nektan...

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

Your daily round-up from the world of Proactive

Seeing Machines Limited (LON:SEE) said its FOVIO driver monitoring platform is to be installed into additional car models for an existing German customer. 

United Oil & Gas PLC (LON:UOG) has revealed a deal with Rockhopper Exploration PLC (LON:RKH) to acquire its assets in Egypt. 

Nektan PLC (LON:NKTN) flagged its entry into Africa as it reported its the integration of its gaming technology with two sites there had been both “quick and seamless”.

Ncondezi Energy Ltd (LON:NCCL) has signed a long-awaited joint development agreement with China Machinery Engineering Corp (CMEC) and General Electric Switzerland (GE).

Shanta Gold Ltd (AIM: SHG) has achieved commercial production at the Ilunga underground mine, part of its well-established New Luika gold project in south western Tanzania. 

Pembridge Resources Plc (LON:PERE) has released a competent persons report for the recently acquired Minto Mine, in the Yukon. Pembridge believes the mine presents a “transformational opportunity”. 

IronRidge Resources Ltd (LON:IRR) has hit more high-grade gold at its Zaranou gold license in Côte d'Ivoire, West Africa. The company took 324 reconnaissance channel and rock-chip samples over primary hard-rock artisanal mining sites at Zaranou. 

A strong showing from its Metro Rod drain care and repair business helped profits at Franchise Brands PLC (LON:FRAN) soar in the first half of the year. Pre-tax profit rose 27% to £1.8mln (H1 18: £1.4mln) in the six months ended 30 June, on revenue of £20.1mln (H1 18: £16.8mln) – a 19% year-on-year increase.

Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) has consolidated its strategic tenement package at Lake Way Sulphate of Potash (SOP) Project in WA through a sales agreement with Blackham Resources Ltd (ASX:BLK).

Quadrise Fuels International PLC (LON:QFI) said it is seeking to raise new funds as it looks to capitalise on recent business development progress in Kuwait, Saudi Arabia and China.

Hawkstone Mining, in which Thor Mining PLC (LON:THR) has a 1.075% stake, has announced “further positive drilling results” from its Big Sandy lithium-clay deposit in Arizona, USA.

Jersey Oil & Gas PLC (LON:JOG) chairman Marcus Stanton has invested another £11,000 of his own money into the North Sea oil explorer.

Shares in the company have more than doubled since Monday morning, after the company was awarded a significant acreage in the latest North Sea licensing round.


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