Proactive news snapshot: Digitalbox, Seeing Machines, Alba Minerals Resources...

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

Your daily round-up from the world of Proactive

Digitalbox PLC (LON:DBOX), the owner of satirical news website The Daily Mash, has agreed a partnership with UK comedy video platform NextUp that will bring in new ad revenues.

Revenue for the financial year just ended at driver monitoring systems specialist Seeing Machines Limited (LON:SEE) is expected to be slightly ahead of management’s guidance.

Alba Mineral Resources plc (LON:ALBA) has, in a statement, highlighted that test production at the Horse Hill project has switched back to the deeper Kimmeridge oil zones.

Pharma giant Novo Nordisk has extended its contract with e-Therapeutics PLC (LON:ETX) for the UK drug discovery firm to help search for novel treatments for type-2 diabetes.

Eland Oil & Gas PLC (LON:ELA) has achieved first production from the early production facility (EPF) at the Gbetiokun oilfield, part of the OML 40 asset.

Motif Bio PLC (LON:MTFB, NASDAQ:MTFB), the antibiotics developer, has amended its financing arrangement with Hercules Capital.

Indian power firm OPG Power Ventures PLC (LON:OPG) has reported a £14mln post-tax profit for the twelve months ended 31 March 2019, compared to a 2018 loss of £100.9mln.

Tharisa PLC (LON:THS) is to press ahead with the construction of a proprietary Vulcan Plant at its platinum and chrome mine in South Africa.

Discount dining platform operator BigDish PLC (LON:DISH) has expressed pleasure at the management recruitment campaign to support its roll-out in the UK.

ADES International Holding PLC (LON:ADES) told investors it has secured a US$80mln loan facility from Saudi Arabia’s National Commercial Bank (NCB).

CentralNic Group PLC (LON:CNIC) has confirmed the A$24mln acquisition of TPP Wholesale Group has completed.

Tissue Regenix PLC’s  (LON:TRX) chief executive Steve Cauldwell is to step down permanently after a recurrence of the illness that kept him away from January to June.

Bacanora Lithium PLC (LON:BCN) says the first of the three approvals required for Chinese firm Ganfeng to take a strategic stake has been granted.

ValiRx PLC (LON:VAL) has received patent protection in Europe for its pre-clinical therapeutic compound VAL301, which is being lined up as a treatment for endometriosis.

Remote Monitored Systems PLC (LON:RMS) subsidiary Geocurve is setting up a mobile mapping joint venture with an established survey specialist.

Ashley House PLC (LON:ASH) is exploring ways to raise funds as it waits for three deals to complete after legal delays. The supported care housing firm said that due to reasons outside of its Morgan Ashley joint venture’s control, three extra care schemes were yet to reach financial close.

Summit Therapeutics PLC (LON:SUMM) chief executive Glyn Edwards will present at the Canaccord Genuity Growth Conference on 8 August in Boston.

Metal Tiger plc’s (LON:MTR) 59%-owned Kalahari Metals Ltd has received environmental approval for the Okavango copper project in Botswana, paving the way for drilling to start.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Plenty more deals in the pipeline for Greencoat UK Wind PLC says manager

There are still plenty of opportunities in the acquisition pipeline for onshore UK wind farm operator Greencoat UK Wind PLC (LON:UKW) according to investment manager Stephen Lilley. The fund had a busy 2019, Lilley told Proactive, with £600mln invested and £200mln committed for new projects...

8 hours, 27 minutes ago

3 min read