Proactive news snapshot: Iconic Labs, Bluerock Diamonds, 88 Energy...

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

Your daily round-up from the world of Proactive

Media and technology business Iconic Labs PLC (LSE:ICON) has agreed to acquire social media agency, Social Alchemist Limited.

BlueRock Diamonds PLC (LON:BRD) has signed a contract with South Africa’s Teichmann Group to mine the ore at its Kareelvlei mine near Kimberley.

88 Energy Limited (LON:88E) said an exclusivity agreement over its Project Icewine asset in Alaska has been executed with Burgundy Xploration.

Union Jack Oil PLC’s (LON:UJO) project partner on the West Newton gas discovery near Hull is poised to begin logging the well before it begins full testing. 

Genel Energy PLC (LON:GENL) expects production this year to rise by 10% after a strong performance over the first six months.

Greencoat UK Wind PLC (LON:UKW) has appointed a former director of SSE PLC (LON:SSE), one of the UK’s big six energy suppliers, to its board.

Caoimhe Giblin, who spent seven years at SSE Renewables until 2014 in various senior roles including as director of finance, will join Greencoat as a non-executive director on September 1.

Argo Blockchain PLC (LON:ARB), a UK-based provider of enterprise-scale crypto mining services, generated 163 bitcoins in July. That equates to £1.36mln of crypto-assets based on a bitcoin price of US$10,122 (as at the end of July).

NQ Minerals PLC (NEX:NQMI)(OTCQB:NQMLF) has made a further strategic investment in private Tasmanian mining company Tasmania Energy Metals Pty Ltd.

One of the co-founders of Ashley House PLC (LON:ASH) has stepped down from the board to preserve good governance. Stephen Minion, one of the original directors and shareholders of the health and care facility developer, has departed with immediate effect as the company looks to raise funds for three extra care schemes.

Tidal power group Simec Atlantis PLC (LON:SAE) is to raise up to £7mln through peer-to-peer lending platform Abdundance.

hVIVO PLC (AIM: HVO) said it has successfully conducted a human challenge study in older people for the respiratory syncytial virus, or RSV.

Crossword Cybersecurity Plc (LON:CCS) has won a contract with three local councils in the UK to use its software to manage compliance with GDPR (General Data Protection Regulation).

ValiRx PLC (LON:VAL) said discussions to form a joint venture with investment firm Alpha Blue Ocean have not progressed beyond what it told the market in May and June.

Salt Lake Potash Ltd (ASX:SO4) has completed the placement of 10.58 million shares to international fund manager Fidelity International raising $7.4 million.

Tekcapital PLC’s (LON:TEK) portfolio company Belluscara has raised £750,000 of additional funding to help launch its e X-PLOR portable oxygen concentrator. That brings the total amount raised by Belluscura in 2019 to £2.15m.

IQ-AI Ltd (LON:IQAI) has raised £275,000 through the placing of ordinary shares to support the commercialisation and development of two of Imaging Biometric's projects.

City broker SVS has been forced out of business by the FCA, following an investigation. The news prompted change of broker announcements from Kibo Energy PLC (LON:KIBO) and its sister company Katoro Gold PLC (LON:KAT). Sunrise Resources (LON:SRES) was affected too, and opted to move to Beaumont Cornish.

KRM22 PLC (LON:KRM) has added digital onboarding to its risk assessment platform through a partnership with Veridate Financial.

Digital marketer Be Heard Group PLC (LON:BHRD) says trading is on track and first half results for the year will meet expectations.
Cairn Financial Advisers has also been appointed as Nominated Adviser with Dowgate now sole broker to the company.

Golden Saint Technologies Limited (LON:GST) has changed its name to GSTechnologies to reflect opportunities in the ICT infrastructure market. 

Faron Pharmaceuticals Oy (LON:FARN) has completed the first part of its £2.8mln fundraising, with £1mln raised from institutional investors and investor Timo Syrjälä. 

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