Proactive snapshot: Hurricane Energy, Midatech Pharma, Sunrise Resources

A look at some of the top stories from the Proactive newswire on Friday


StatPro Group PLC (LON:SOG) is to go private after accepting a takeover bid from US-based software firm Confluence Technologies valuing the firm at £161.1mln.

Hurricane Energy PLC’s (LON:HUR) half yearly results on Friday were the company’s first set of financials to include revenue after May's landmark start-up of the Lancaster field’s early production system (EPS).

Midatech Pharma PLC (LON: MTPH; NASDAQ:MTP) said it has received the regulatory green light for a trial that may eventually pave the way for its long-acting drug to be administered by patients at home.

Ormonde Mining plc (LON:ORM) has experienced improved mined ore grades at its Barruecopardo tungsten mine in Spain.

Sunrise Resources PLC (LON:SRES) remains on track to have a permit in place its CS perlite and pozzolan mine in Nevada by the end of the year. There is a growing market for perlite in the US, driven in part by increased use by cannabis growers. Sunrise later announced also that it has signed an agreement to hire a grinding and mineral processing plant near to its CS project.

Oncimmune Holdings PLC (LON:ONC) has secured an €8.5mln credit facility that will allow it “drive commercial adoption” of its lung cancer diagnostic, of which it will be able to immediately draw down €5mln.

Pembridge Resources PLC (LON:PERE) has appointed non-executive director Gati Al-Jebouri as its new chief executive and chairman as it grows from a special-purpose vehicle into an operating company. 

I3 Energy PLC (LON:I3E) said that the permit application to drill the Serenity SA-01 well in the North Sea is well underway, with drilling expected to take about four weeks

BlueRock Diamonds PLC (LON:BRD) has sold a 10.6-carat diamond for US$103,000 in the September tender.

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