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Proactive snapshot: Eckoh, ECSC Group, Oracle Power

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

Eckoh PLC -

Secure payments specialist Eckoh PLC (LON:ECK) maintained its full-year guidance after a confident start to its financial year – one in which operating profits grew 235%.

ECSC Group PLC (LON:ECSC) has hailed a “strong return to growth” after reporting record levels of Consulting, Managed Services and Incident Response revenue in its third quarter.

ITM Power PLC (LON:ITM) has signed a collaboration agreement with Japan’s Iwatani Corporation to deploy multi-megawatt electrolyser-based hydrogen energy systems in North America.

AFC Energy PLC (LON:AFC) has raised £520,000 through a share subscription to help fund orders of its hydrogen electric vehicle charger, which is scheduled to launch next month,

Redx Pharma PLC (LON:REDX) said grant funding for its latest project provided “validation” of its scientific capabilities. The AIM-listed group is collaborating with the Medicines Discovery Catapult, a government body that helps accelerate the discovery of new treatments, on potential new drugs for idiopathic pulmonary fibrosis. 

Equals Group Plc (LON:EQLS) is expecting to add 1,000 corporate customers to its roster following the acquisition of UK-based payments firm Casco.

Hurricane Energy PLC (LON:HUR) is beginning drill stem testing on the Warwick West well, located in the UK’s West of Shetland continental shelf.

Oracle Power PLC’s (LON:ORCP) resource on Block VI at Thar in Pakistan has been officially recognised as a potential coal gasification into fertiliser project. Pakistan is estimated to face a future fertiliser shortage and the use of lignite, via the gasification process, to produce urea can help to address the shortfall. 

Alien Metals Ltd (LON:UFO) has notified the seller of the Hancock Ranges and Brockman iron ore projects, Windfield Pty Ltd, that it intends to exercise its option to acquire a 51% interest. The decision follows the completion of the technical due diligence report. 

Arc Minerals Ltd (LON:ARCM) has signed an US$8mln option agreement to sell its wholly-owned Šturec gold project in Slovakia to MetalsTech Limited (ASX:MTC), in a bid to exit gold interests.

Thani Stratex Resources, a company 26.1% owned by Oriole Resources PLC (LON:ORR), has reached an agreement with its joint venture partner Onyx for the funding of an exploration programme in Djibouti. 

INTOSOL Holdings PLC (LON:INTO) chief executive Rainer Spekowius will loan the company 877,336 common shares in accordance with the acquisition of the luxury Oceans Wilderness Hotel in South Africa and the company will return the common shares at its discretion. 

Arkle Resources PLC (LON:ARK) has accepted the resignation of non-executive director Michael McNeilly.

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