logo-loader

Proactive snapshot: NetScientific, ITM Power, Summit Therapeutics

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

ITM Power PLC -

German industrial gases and engineering giant Linde is to take a 20% stake in British energy storage company ITM Power PLC (LON:ITM).

Shares in NetScientific PLC (LON: NSCI) doubled in value after it emerged that a drug developed by one of its portfolio companies will take a key role in a phase II clinical study planned by industry giant Merck.

Software group KRM22 PLC (LON:KRM) has landed its first “significant” customer for a real-time enterprise risk management product launched earlier this year.

Shares in Summit Therapeutics PLC (LON:SUMM, NASDAQ:SMMT) rose after the company said its next-generation antibiotic “significantly improved” the short- and long-term quality of life of people with c.difficile infection when compared with the current standard of care.

Tower Resources PLC (LON:TRP) has revealed it is advancing its partnering efforts, sharing key technical and commercial information with ‘a major international oil company’.

Galileo Resources PLC (LON:GLR) said negotiations over a zinc ore offtake agreement with Jubilee Metal Group PLC (LON:JLP) are progressing “satisfactorily”.

Waste-to-energy specialist EQTEC PLC (LON:EQT) has completed its first maintenance contract with Transports Metropolitans de Barcelona (TMB), the public transport operator in Barcelona, Spain.

Tissue Regenix Group PLC (LON:TRX) has unveiled a product extension based on DermaPure, the company’s technology for skin repair, or reinforcement.

BigDish PLC (LON:DISH) has reached an agreement to integrate its software into a point of sale (POS) system as it looks to roll out its platform more effectively.

One of TomCo Energy plc’s (LON:TOM) technology partners is confident that an optimal design for the company’s innovative oil recovery method is now nearer, amid new modelling following a recent field test.

IronRidges Resources PLC (LON:IRR) has identified more potential targets at its Dorothe gold prospects in Chad from a wide-ranging electrical resistivity programme.

Diagnostics specialist Genedrive PLC (LON:GDR) said it expects to make expects “good progress” based on a solid order pipeline.

Power Metal Resources PLC (LON:POW) welcomed a £100,000 fundraise from Katoro Gold to advance the Haneti nickel project in Tanzania, in which it holds a 25% direct interest.

MTI Wireless Edge Ltd (LON:MWE) has won orders worth just over US$1mln for the supply of military antennas to an existing Israeli customer.       

Applied Graphene Materials PLC (LON:AGM) has incorporated its technology into material used for space exploration.

Amphion Innovations PLC (LON:AMP), the developer of medical, life science, and technology businesses, has trimmed its stake in Polarean Imaging PLC (LON:POLX). Amphion, which will use the proceeds to pay down debt, indicated it was a reluctant seller of the shares and said it remains excited by the future prospects of the medical imaging technology company.

Ades International Holding PLC (LSE:ADES) chief executive Mohamed Farouk Abdelkhalek bought US$61,335‬ worth of the company's shares.

Supermarket Income Reit PLC (LON:SUPR) confirmed that it raised £100mln in fundraising that was oversubscribed at the price of 102p per share.

NO INVESTMENT ADVICE

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...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Pure Gold releases more impressive drill results from their underground work...

Pure Gold Mining (CVE: PGM- LSE: PUR) CEO Darin Labrenz joined Steve Darling from Proactive to discuss the company’s most recent drill results that show impressive numbers like 46.7 g/t gold over 7.0 metres and 57.0 g/t gold over 1.0 metre. Labrenz telling Proactive about that underground...

8 hours, 4 minutes ago

3 min read