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Proactive news snapshot: Kodal Minerals, Tremor International, Polarean Imaging, Shanta Gold, Ergomed …

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

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Kodal Minerals PLC (LON:KOD) has inked an agreement with Mali Lithium Limited (ASX:MLL) which is developing the Goulaminia project, located close to the AIM-firm’s Bougouni property. A memorandum of understanding envisages a “general cooperation and investigation of synergies” for the respective projects, Kodal told investors.

Tremor International Ltd (LON:TRMR) said it is confident in its outlook for 2020 following a “transformational” 2019 which saw its merger with RythmOne. In a trading update for the year ended 31 December, the video advertising firm said it is expecting to report adjusted earnings (EBITDA) of US$60mln, in line with expectations, with revenues of around US$325mln.

Polarean Imaging PLC (LON:POLX) said two phase III clinical trials have “validated the belief” that its technology allows doctors and surgeons to visualise aspects of lung function that have gone undetected using traditional magnetic resonances imaging (MRI) techniques. And it does so in a way that was both safe and allowed for quantitative analysis of the area of the lung being examined, it added. Polarean has developed a drug-device combination that uses hyperpolarised 129-Xenon gas and MRI.

Shanta Gold Limited (LON:SHG) has unveiled a new mineral resource estimate for the Singida project in central Tanzania, adding 194,000 additional ounces of gold. The new estimate gives Singida 919,000 ounces, grading 2.25 grams per tonne, which represents an improvement of around 725,000 ounces.

Ergomed PLC (LON:ERGO) said it expects its underlying earnings to exceed market forecasts and added that momentum seen in 2019 had continued into the current year. The company noted that its order book currently stands at £125mln as at December 31, up 15% year-on-year, which bodes well for 2020.

An Allergy Therapeutics PLC (LON:AGY) breakthrough has the potential to protect against severe allergic reactions to peanuts, according to research carried by a leading academic journal. The single injection helped mice generate “sustained immunity and protection through vaccination”, helping prevent anaphylaxis.

Minds + Machines Group Limited (LON:MMX) has said it will announce a maiden dividend with its results for 2019 following strong trading for the year. In a trading update, the provider of internet top-level domains (TLDs) said revenue for the year just gone was expected to be “significantly ahead” of 2018, adding that the quality of revenue had continued to improve in line with its strategy of decreasing reliance on one-off brokered sales.

APQ Global Limited (LON:APQ) has beefed up its corporate services and administration offering in the Channel Islands with the acquisition of Parish Group by the emerging markets fund manager for £2.7mln. Parish provides a full range of fiduciary and corporate services from offices in Guernsey and Alderney and has customers in over 30 jurisdictions, including Israel, South Africa, the United Arab Emirates and Qatar.

Anglo Pacific Group PLC (LON:APF) told investors that it has agreed a US$30mln increase in its revolving credit facility (RCF), and, has extended the facilities expiry by twelve months. As a result, the natural resources royalties firm said, it now has some US$90mln available in the RCF, and, it retains the possibility that the lending facility could increase up to US$120mln - if an accordion feature is implemented.

Bango PLC (LON:BGO), the mobile commerce company, said it will deliver a Strategy Day presentation in London for investors and analysts on Wednesday afternoon. The group said the presentations, at which no new material trading or financial information will be disclosed, will be made available on the company’s Bangoinvestor.com website.

Eckoh PLC (LON:ECK), the global provider of secure payment products and customer contact solutions, said it has received notification that on 28 January 2020, Todd Funk, its senior executive vice president of US Operations, sold a total of 350,000 ordinary shares in the company at a price of 58p each.

Salt Lake Potash Limited (LON:SO4) (ASX:SO4) said that at General Meeting of the company, held on Wednesday, all the resolutions voted on were carried by way of a poll.

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