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Proactive news headlines: Tavistock Investments, LoopUp, Allergy Therapeutics

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

Tavistock Investments PLC -

Tavistock Investments PLC (LON:TAVI) reported a strong performance from its protection portfolios for the first two months of its financial year.

Pelatro PLC (LON:PTRO), the telecoms customer engagement software specialist, said one of its customers has expanded a business consultancy engagement to a full managed services contract.

LoopUp Group PLC (LON:LOOP), the virtual meeting specialist,  says trading has continued to be strong and it now expects to beat the forecasts it raised in May.

Allergy Therapeutics PLC (LON:AGY) said it expects its 2020 net profit to be “significantly above market expectations”.

Futura Medical PLC (LON:FUM) said it is seeing limited impact from the coronavirus lockdown and that regulatory submissions for its erectile dysfunction treatment remain on track.

Scancell Holdings PLC (LON:SCLP) has published new research in a peer-reviewed journal highlighting the potential of its Modi-1 vaccine in hard-to-treat cancers.

Argo Blockchain PLC (LON:ARB) said it has expanded its cryptocurrency mining capacity with the purchase of 750 Bitmain Z11 mining units for US$474,000.

Itaconix PLC (LON:ITX) has closed what it said was an oversubscribed fundraising of at least £1.12mln in order to help fund the commercial development of its core products.

OPG Power Ventures PLC (LON:OPG) is pleased to announce that the Group's operating subsidiary, OPG Power Generation Pvt has raised 2bn Indian rupees (circa £21.2mln) through a placing of 2,000 secured redeemable non-convertible debentures, to finance principal repayments on the group's existing term loans through to June 2022.

Blue Star Capital PLC (LON:BLU) said its portfolio company, Dynasty eSports, has signed a five-year exclusive partnership agreement with the Malaysia ESports Federation (MESF).

RM Secured Direct Lending PLC (LON:RMDL) said it is supporting a management buyout of énergie Fitness, a low-cost gym franchisor in the UK and Ireland, led by its founder Jan Spaticchia.

Power Metal Resources PLC (LON:POW) and Red Rock Resources PLC (LON:RRR) say an upsurge in interest in the Victoria Goldfields area has prompted their joint venture to speed up development plans in the region.

Union Jack Oil PLC (LON:UJO) has struck a deal to acquire an additional interests in the Biscathorpe project so that its stake increases to 30%.

United Oil & Gas PLC (LON:UOG) has confirmed production growth in the Abu Sennan asset in Egypt, which yielded 13,900 barrels oil equivalent per day (boepd) in the first half of June, marking a 69% improvement of 69% compared to April’s output.

Mosman Oil And Gas Ltd (LON:MSMN) noted the recent recovery in crude prices and, while highlighting that the business is underpinned by low operating and development costs, said the board is “considering how best to grow the business over the next year given the improved oil price backdrop”.

Solo Oil PLC (LON:SOLO) told investors that it has delayed the release of its 2019 financial results and its AGM as the coronavirus pandemic has constrained outsourced finance functions and auditors.

Amur Minerals Corporation PLC (LON:AMC) said it is on track to complete its Russian TEO feasibility study for the Kun-Manie project by the end of the year and has started planning a full bankable feasibility study (BFS).

Sunrise Resources PLC (LON:SRES) said the only comments on the environmental assessment (EA) of its CS Perlite-Pozzolan Project in Nevada had been of a minor nature.

Amryt Pharma (LON:AMYT) publicly filed a registration statement with the Securities and Exchange Commission to allow trading in the US for American Depositary Shares on the Nasdaq exchange.
 

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