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Proactive news snapshot: Canadian Overseas Petroleum, Ariana Resources, NQ Minerals …

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

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Your daily round-up from the world of Proactive

Canadian Overseas Petroleum Limited (LON:COPL) (CSE:XOP) is to receive C$200,000 as a loan from its chief executive, Arthur Millholland, so that it can continue discussions with investors and service providers over plans for the OPL 226 asset. This year the company wants to start drilling an appraisal well in OPL 226 in Nigeria. The loan will cover working capital, providing room for the OPL 226 talks to continue.

Ariana Resources PLC (LON:AAU) said its Kiziltepe mine in Turkey exceeded its production guidance in 2019. The mine, which is part of the Red Rabbit joint venture (JV) with Proccea Construction, produced 27,985 ounces of gold in 2019, which was comfortably above guidance of 25,000 ounces (oz) and up by around 12% on 2018.

Digitalbox PLC (LON:DBOX) shares jumped after it was revealed that a Cypriot firm, Storia Credit Holdings Ltd has accumulated a near 5% holding in the firm, which owns celebrity news site Entertainment Daily and satire brand The Daily Mash. A pair of disclosure statements showed that Storia Credit had originally built up a 3.1% holding in the AIM-listed company, but that has now increased to 4.88%. Storia Credit specialises in the purchase from banks and finance institutions of non-performing consumer loan portfolios.

NQ Minerals PLC (NEX:NQMI) (OTCMTS:NQMLF) has struck a deal to buy the Beaconsfield gold mine in Tasmania for an initial fee of A$2mln. The property, described as “historically one of the richest gold mines” in the region, previously produced some 3mln ounces of gold between 1887 and 2012, and, prior to its close, was estimated to host 1.01mln tonnes of resources at a gold grade of 10.35 grams per tonne, for a total of 336,514 ounces.

Touchstone Exploration Inc. (LON:TXP) (TSX:TXP), an oil and gas exploration and production company active in the Republic of Trinidad and Tobago, said it will be holding a live online investor presentation and Q&A session for investors at 7.00pm GMT on Tuesday 25 February. The group added that the webcast will be recorded and made available on ValueTheMarkets.com after the event

AdEPT Technology Group PLC (LON:ADT) has unveiled plans to raise up to £4mln to fund potential acquisitions as part of a wider strategy to expand the business. The IT services firm said the funds will be raised through a placing of around 1.24mln new shares to certain existing shareholders and institutional and other investors at a price of 320p each, an 11% discount to its closing price on Thursday, through an accelerated bookbuild which will begin immediately.

Oncimmune Holdings PLC (LON:ONC), a leading global immunodiagnostics group, has been awarded the 'Winning in Business in Spain' award at the Department for International Trade's (DIT) UK-Spain Business Awards held on 20 February 2020 at the Madrid Stock Exchange. The awards celebrate the extensive commercial relationships between the United Kingdom and Spain.

Eco (Atlantic) Oil & Gas Ltd. (LON:ECO) (CVE:EOG), the oil and gas exploration company with licences in highly prospective regions in South America and Africa, announced that it has been recognized as a 2020 TSX Venture 50 company, an annual ranking of top-performing companies on the TSX Venture Exchange over the last year, for the third consecutive year. Gil Holzman, president and CEO of Eco Atlantic commented: “This recognition is a testament to the substantial progress the Company has made over the past few years; delivering on strategy, exploration success, strong financial position, and value creation to shareholders. We are confident that 2020 will be another exciting and busy year for Eco as we are pushing to make progress in both our Guyana and Namibia operations, and we look forward to updating our shareholders on progress in due course."

Custodian REIT PLC (LON:CREI), the UK commercial real estate investment company, announced that to satisfy continued investor demand, it has issued 1,000,000 new ordinary shares under its ordinary share block listing facility at 113.4p each, raising £1,134,000, before costs and expenses.

Jubilee Metals Group PLC (LON:JLP), the AIM-listed metals processing company, said it has been notified that its non-executive chairperson, Colin Bird has bought 500,000 ordinary shares in the company at a price of 4.05p each. Following this transaction, it noted, Bird is interested in 11,547,555 ordinary shares, representing approximately 0.57% of the company’s issued share capital.

Verona Pharma PLC (LON:VRP) (NASDAQ:VRNA), a clinical-stage biopharmaceutical company focused on respiratory diseases,  said it will report its audited financial results for the full year ended December 31, 2019 on Thursday, February 27, 2020 and host an investment community conference call at 9:00 am EST/2:00pm GMT to discuss the full-year financial results and provide a corporate update.

accesso Technology Group PLC (LON:ASCO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets, said it will announce its financial results for the 12 months ended 31 December 2019 on Wednesday 18 March 2020.

Amur Minerals Corporation (LON:AMUR), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announced that it yesterday granted 10,000,000 warrants over the company's ordinary shares with an exercise price of 2.12p each to the participants of the fund-raising completed on 4 November 2019.  Additionally, the group said, 3,000,000 warrants over the company's shares with an exercise price of 2.12p each have been granted to SP Angel Corporate Finance. Both sets of warrants have an expiry date of 20 February 2023.

Open Orphan PLC (LON:ORPH), the rapidly growing specialist CRO pharmaceutical services company which has a focus on orphan drugs and is a world leader in the provision of virology and vaccine challenge study services, and has Europe's only 24 bedroom quarantine clinic with onsite virology lab in Queen Mary's Hospital London, announced that it will be attending and presenting at the ShareSoc Growth Company Seminar on February 25, 2020 at  DoubleTree by Hilton Hotel, One Piccadilly Place, 1 Auburn Street, Manchester M1 3DG . The group said Cathal Friel, Open Orphan's executive chairman will be presenting from 18:40 onwards to update existing and potential investors on the company's business plans for 2020.

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