logo-loader

Proactive news headlines: OptiBiotix Health, ANGLE, InnovaDerma, HANetf...

Published: 15:30 28 Sep 2020 BST

OptiBiotix Health PLC -

OptiBiotix Health PLC (LON:OPTI) said it has signed an exclusive distribution agreement with United Italian Trading Corporation (UITC) for its SlimBiome Medical weight management product in the Singaporean market.

ANGLE PLC (LON:AGL, OTCQX:ANPCY) said it has submitted for regulatory approval in the US its Parsortix PC1 liquid biopsy for use in women with metastatic breast cancer (MBC).

The world’s first actively managed global equity Shariah-compliant ETF will be launched on the London Stock Exchange by financial services group Almalia using the HANetf platform.

Open Orphan PLC (LON:ORPH) said it has won a £4.3mln contract to carry out a viral challenge study for a top-ten global vaccine company.

Symphony Environmental Technologies PLC (LON:SYM) said its d2w biodegradable plastic technology has been incorporated into a new 100ml security bag that will be trialled at airports in Aberdeen, Glasgow and Southampton operated by AGS Airports Ltd.

InnovaDerma PLC (LON:IDP) has appointed an exclusive distributor for North and South America while it also made its entry in the Australian market.

Fintech company Supply@ME Capital PLC (LON:SYME) said demand for its services has continued to grow since it last updated the market in July.

Incanthera PLC (AQSE:INC) has received positive data from a skin sensitisation study of its Sol skin cancer technology, which demonstrate it is “non-irritant”.

e-Therapeutics PLC (LON:ETX) said it has expanded its scientific advisory board with the appointment of Bill Harte and John Mattick.

Scotgold Resources Ltd (LON:SGZ) continues to build the resource inventory at the Cononish gold and silver mine. The company has identified gold and silver anomalies to the north east of the mine that are consistent with the 'Mother Vein' structure.

NQ Minerals PLC (AQSE:NQMI)(OTCQB:NQMLF) has boosted production and processing rates at its Hellyer mine in Australia to 165 tonnes per hour. Plans are being finalised to increase production further to 180 tph, equivalent to about 1.5mln tonnes per year.

Mosman Oil and Gas Ltd (LON:MSMN) told investors that the Stanley-4 well is flowing around 155 barrels of oil per day. Oil sales from the well are due to start this week, the company noted in a statement.

Ncondezi Energy Ltd (LON:NCCL) has moved to put investors’ minds at rest over backing for the Ncondezi 300 megawatt power project in Tanzania. Lead investor CMEC has compiled a preferred list of partners who are familiar with the project and has indicated that sealing a deal with a new technology partner would take about a month to complete if required.

Metal Tiger PLC (LON:MTR) has made an investment in Africa-focused exploration and development company Tanga Resources Ltd (ASX:TRL).

Instem PLC (LON:INS) has reported a strong rise in profits in the first half of its current year as the group highlighted the “resilience” of its business model during the coronavirus pandemic.

Chesnara PLC (LON:CSN) again raised its dividend as cash reserves and its solvency position were largely unchanged in the half-year to end June.

Ceres Power Holdings PLC (LON:CWR) delivered revenue growth in the year to the end of June despite the coronavirus (COVID-19) pandemic delaying some sales. The fuel cell and electrochemical technology firm said the year saw a 21% increase in revenue and other operating income to £19.9mln from £16.4mln the year before.

Bahamas Petroleum Company PLC (LON:BPC) is looking forward to a “potentially company-making” next six months. The company is counting down to the high-impact Perseverance-1 well, in the Bahamas, while a work programme in Trinidad also promises to significantly boost production volumes.

EQTEC PLC (LON:EQT) chief executive David Palumbo told investors that there’s growing awareness among potential customers of the company’s proposition. Palumbo said that 2021 is seen by EQTEC as “potentially exponential” in terms of deal closures and revenue growth.

Norman Broadbent PLC (LON:NBB), the professional recruitment services firm, said it has maintained positive earnings in the first half of its current year despite the disruption arising from the coronavirus pandemic.

Crossword Cybersecurity PLC (LON:CCS) has reported strong growth in orders for its Rizikon Assurance supply chain risk management platform in the first half of its current year. 

Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (OTCMKTS:WHELF) is set for a transformational year as it heads towards first sulphate of potash production from the Lake Way project in the first quarter of 2021.

Anglesey Mining PLC (LON:AYM) lost £305,000 in the year to March, up slightly from the £234,000 lost in the corresponding period a year earlier. The company ended the financial year with £95,000 in cash, although subsequent to the period end, in August, it raised £200,000 in a placing. 

Arkle Resources PLC (LON:ARK) turned in a loss of €220,000 for the six months to June 2020. The company closed out the period with €252,000 in cash. However, a further £600,000 was raised in August, covering expenses for the next 18 months.

Genedrive PLC (LON:GDR) will issue £1mln of shares to BGF Investments LP after the private equity group exercised its right to convert part of its £2.5mln loan note. The molecular diagnostics company will allot 4,478,681 new ordinary shares and pay roughly £134,000 in cash to BGF, reflecting the accrued interest owed on this tranche of the loan.

Condor Gold PLC (LON:CNR)(TSX:COG) has received gross proceeds of £62,000 after certain warrants were exercised. It will issue 200,000 new ordinary shares at a subscription price of 31p per share. 

Savannah Resources PLC (LON:SAV) said it intends to utilise the additional one month grace period allowed by AIM due to coronavirus to prepare its interim results for the six months ended 30 June 2020. The mining junior said it will release its interim results no later than 30 October 2020.

HANetf founder and co-CEO discusses shift to active management in ETF market

HANetf founder and co-CEO Hector McNeil tells Proactive's Stephen Gunnion about shifting trends in the exchange-traded fund (ETF) market in the United States, indicating a big move towards active management within ETFs. Despite the European market lagging behind the US by three to five years,...

15 hours, 49 minutes ago