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Proactive news snapshot: Ethernity Networks, Kibo Energy, SIMEC Atlantis Energy

Some of the news from the Proactive Investors newswire on Friday

Proactive news snapshot: Ethernity Networks, Kibo Energy, SIMEC Atlantis Energy

Ethernity Networks Ltd’s (LON:ENET) interim results statement marked an expected step-change in the business as it transitioned into a solutions provider for virtual networking and security appliances.

Kibo Energy PLC’s (LON:KIBO) Mbeya coal-to-power project is “rapidly gaining momentum” now that it has made the required statutory payments to the Tanzanian authorities. The payments relate to the final processing and issuance of seven mining rights for Mbeya, which were approved and granted last month.

Tidal power specialist SIMEC Atlantis Energy Ltd (LON:SAE) said its French joint-venture has been chosen to supply the entire electricity needs of Alderney, in the Channel Islands.

Xpediator PLC (LON:XPD) has said its chief financial officer,  Stuart Howard, has stepped down from the board with immediate effect to pursue other business interests.

Battery materials producer Strategic Minerals PLC (LON:SML) has received a research and development grant worth just shy of A$300,000 from the Australian tax office. The payment recognises a portion of the works carried out at Strategic’s Leigh Creek copper mine in South Australia. 

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