Zephyr Energy PLC (LON:ZPHR) told investors it has successfully plugged the State 16-2 well for future re-entry and horizontal follow-up, whilst well data is analysed. The explorer noted that it has secured 113 feet of continuous core from the Cane Creek reservoir. Overall some 31 sidewall cores were also gathered from 11 overlying secondary reservoirs, which is more than the pre-drill goal of 20 samples from 7 reservoirs. Well logs were also taken across most of the Paradox formation. Initial indications from the data suggests the presence of hydrocarbons in multiple reservoir intervals, Zephyr said. It is expected that initial results will be announced on January 29.
Inspiration Healthcare Group PLC (LON:IHC) said has both its revenues and profits will be ahead of forecasts, driven by last year’s acquisition S.L.E Ltd, the designer and manufacturer of ventilators for neonatal intensive care. The med-tech company said turnover for the year ending January 31, 2021, will be “not less than” £36.5mln, while underlying earnings (EBITDA) will be at least £4.9mln.
Gaming Realms PLC (LON:GMR) said it has signed a direct-integration agreement with sports betting and online gaming operator BetMGM to increase its presence in the US market. The AIM-listed developer of mobile bingo games said that under the terms of the three-year agreement its Slingo content will be integrated into BetMGM Casino in Pennsylvania and Michigan during the first half of 2021, while also facilitating its access to additional US markets in the future.
Synairgen PLC (LON:SNG) has said its inhaled interferon beta-1a respiratory treatment has been included in a US government-sponsored coronavirus (COVID-19) clinical trial. The drug discovery and development specialist said researchers will assess SNG001’s potential to help COVID-19 patients not yet requiring hospitalisation. The ACTIV-2 study, sponsored by America’s National Institute of Allergy and Infectious Diseases, is part of the US National Institutes of Health and is being used to accelerate the development of the most promising treatment candidates.
Filta Group Holdings PLC (LON:FLTA), which provides services to commercial kitchens, has said it delivered a much stronger performance in the second half of last year and is encouraged by its pipeline of new sales. The fryer management specialist managed to slash its debt in 2020 by 42% to around £500,000 despite the restaurant trade being rocked by coronavirus lockdowns. Cash and cash equivalents at the year-end totalled £4.2mln, up 45% from £2.9mln at the end of 2019.
H&T Group Plc (LON:HAT) has said trading in November and December was better than expected and profits for 2020 will be ahead of forecasts as a result. Retail jewellery sales were good throughout the half-year but especially strong in December, said the AIM-listed pawnbroker, while the high gold price boosted scrappage returns. It noted that foreign currency business dropped to 65% of the level seen twelve months earlier, though Western Union transaction volumes were more than three times higher.
AdEPT Technology Group PLC (LON:ADT) has highlighted the part it is playing in enabling schoolchildren to carry on learning during the coronavirus lockdown. The company said it has passed a milestone in its partnership with Google's G Suite for Education and Microsoft's Office 365 Education with more than 500 schools now being set up with a digital education platform. The company said it is well-placed to win more business through its partnership with Google and Microsoft. Rolling out digital education platforms offers the company the chance to sell additional services to its customers.
Norman Broadbent (LON:NBB), the recruitment and professional services firm, said it stayed in profit in 2020 despite the adverse impact of the coronavirus pandemic. The AIM-listed group said actions taken at the start of the pandemic had enabled it largely to offset a drop in group net fee income of 18% to £6.2mln in the year to end December 2020. Gross margins increased to 79% (2019: 66%), with cost-cutting measures introduced at the start of the lockdowns in March meaning positive underlying profits [EBITDA] for the full year.
Eckoh PLC (LON:ECK) has launched an upgraded version of CallGuard, its patented payment card industry data security standard compliant secure payment solution. Eckoh said the new advanced features will improve the functionality and user experience for contact centre agents and managers. Currently, organisations across all sectors use CallGuard to secure their customers' payment data and mitigate against fraud, many of which were instrumental in shaping the new features in this upgrade.
Minds + Machines Group Limited (LON:MMX) said it has made its interim chief executive appointment permanent while also reporting that its revenues for its 2020 financial year have been “largely in line” with those from 2019. The internet domain name specialist said Tony Farrow, who re-joined the company at the end of October as interim CEO has been appointed to the position formally and will join the board following the completion of due diligence. Meanwhile, in an update on its trading, the company said renewal revenues have remained consistent in 2020 at 68%, while new standard registration revenue increased to 24% with reduced dependency on premium domains. In a separate announcement, Minds + Machines said it has entered a settlement agreement with the vendors of ICM Registry, including its former majority shareholder Stuart Lawley, under recent alleged warranty claims over an acquisition agreement entered into between Minds + Machines and ICM on May 3, 2018.
Supermarket Income REIT PLC (LON:SUPR) has announced the exchange of contracts for the acquisition of a Sainsbury's supermarket in Melksham, Wiltshire, and a Waitrose supermarket in Winchester, Hampshire, from LaSalle Investment Management for £64.8mln, representing a combined net initial yield of 4.4%. The real estate investment trust, which provides secure, inflation-protected, long income from grocery property in the UK, said the acquisitions are expected to complete in the coming weeks upon the completion of property-related due diligence.
After-hours on Friday, Supermarket Income REIT also announced that it had arranged a new revolving credit facility (RCF) of £80.0mln with Barclays and Royal Bank of Canada. The secured, interest-only RCF, has a 5-year term (comprising an initial three-year term and two further one-year extension options) and a margin of 150 basis points over SONIA, representing a total cost of debt of 1.55%. The RCF also includes a £70mln uncommitted accordion option which is exercisable at any time over the term of the facility. Ben Green, Director of Atrato Capital Limited, the investment adviser to Supermarket Income REIT, said: "The new RCF facility, secured with two new lenders to Supermarket Income REIT, Barclays and Royal Bank of Canada, provides us with further diversification of competitively priced funding to support the Company's growth."
NextEnergy Solar Fund Limited (LON:NESF) said its investment manager, NextEnergy Capital Group (NEC), has released a report outlining its 2020 sustainable development goals (SDG). "The events of the past year have further illuminated that beyond financial performance, the health of the environment, the people, and the local communities in which we operate is paramount. We started reporting on our impacts against the UN Sustainable Development Goals (SDGs) in 2019 and have utilised them as the basis for our corporate sustainability framework”, NEC’s head of environmental, social and corporate governance (ESG) Giulia Guidi said in a statement.
Sirius Real Estate PLC (LON:SRE) the Germany-focused business park owner, said its joint venture with insurance group AXA’s fund management arm has acquired the Sigma Technopark in Augsburg. Titanium, the name of the joint venture, is acquiring the 113,000 square metre park for €80mln. The deal boosts the size of its portfolio to €317mln, almost double that when it launched in 2019. The joint venture now has seven business parks, which are operated by Sirius, with the latest acquisition carried out through AXA IM Alts' Real Assets platform.
NQ Minerals PLC (AQSE:NQMI)(USOTCQB:NQMLF) has been granted permission to undertake more than two kilometres of surface trenching at the Beaconsfield gold mine in northern Tasmania, Australia. The aim of the work will be to identify near-surface gold deposits to add to Beaconsfield's estimated 483,000 ounces resources. "This approval marks an important milestone in bringing this historic gold-rich property back on stream,” said NQ’s chairman David Lenigas in a statement.
BlueRock Diamonds PLC (LON:BRD) has announced the sale of a 14.8 carat stone for US$167,000, equating to a price per carat of US$11,300. The stone’s discovery and recovery from the Kareevlei mine in South Africa was reported on December 21, 2020. An 8.7 carat stone, which was found at the same time, was sold for US$37,000, or US$4,300 per carat.
Condor Gold (LON:CNR) (TSE:COG) has completed a ground investigation program of 23 geotechnical drill holes and 58 test pits on the tailings storage facility (TSF), water retention and attenuation reservoir and processing plant site at La India project, Nicaragua. Condor is accelerating La India project from a pre-feasibility level of design to final engineering designs on key infrastructure, in preparation for construction. The project is fully-permitted. The final TSF design will be fully compliant with internal and external legislation.
RM Secured Direct Lending PLC (LON:RMDL) said it has received an increased allocation from the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS). The investment trust, which specialised in secured debt investments, said its debt fund was initially granted an allocation of HM Government Guarantee capacity in August 2020 which has now been fully deployed into businesses in RM Funds' focus areas, representing around 11% of the company's net asset value (NAV) as at December 31, 2020.
Newmark Security PLC's (LON:NWT) chairman said the company has performed better than anticipated in its first half despite the impact of the coronavirus (COVID-19) pandemic, which he said has allowed the company’s investment activities to “continue with only slight delays experienced”. In a statement accompanying results for the six months to October 31, 2020, Maurice Dwek also said the company has entered the second half with “far more optimism than at the start of the year” and as a result expects a revenue reduction which is “materially less” than that experienced in the first half.
Panthera Resources PLC (LON:PAT) has provided an update regarding ongoing work across its West African portfolio, as well as on projects owned by associated company Moydow Holdings. The group said preliminary results at Bassala in Mali suggest a large gold exploration target with over eight kilometres of strike potential. Meanwhile, first-pass drilling at Paimasa in Nigeria has also been completed, with initial assay results expected in the current quarter.
Bahamas Petroleum Company PLC (LON:BPC) said it has been allowed to be added as a primary respondent in the pending legal challenge by environmentalists seeking to impede oil and gas operations offshore Bahamas. The company noted that the Honourable Justice Petra Hanna-Adderley had exercised discretion to add BPC as a respondent to the application which is seeking a judicial review of various decisions taken by the Government in relation to Bahamas Petroleum's licences and the drilling of the Perseverance #1 well. As a result, Bahamas Petroleum will be entitled to request that the applicants provide security for costs, for which purpose a hearing has been scheduled for February 17, 2021.
Bahamas Petroleum also announced that Leo Koot resigned as a director of the company on January 22, 2021, for personal reasons. Koot joined the group’s board on August 22, 2020, following the merger with Columbus Energy Resources. With his deep prior understanding of the company's assets in Trinidad & Tobago and Suriname, Koot will remain available to assist the company, as needed, under the terms of a consultancy agreement. Bill Schrader, Chairman of Bahamas Petroleum said: "Leo has made a valued contribution to the Board of BPC since he joined on completion of the merger with Columbus, and we are sad that his personal circumstances require his resignation at this exciting time for our Company."
Shanta Gold Ltd (LON:SHG) said it produced 20,622 ounces of gold from its New Luika mine in Tanzania during the fourth quarter of 2020, up from the 19,973 produced in the third quarter. Cash costs per ounce produced were US$559. At the end of the period, the company had cash and available liquidity of US$53.5mln, and net cash of US$37.3mln, following a recent placing.
88 Energy Ltd (LON:88E) has told investors that its enquiries with US authorities have been escalated over the weekend, and positive progress has been made. The explorer late last week announced it was seeking clarification on a recently announced 60-day suspension of authority for the US Department Bureaus and Offices in relation to the issuance of new drilling permits on Federal land. Its application for a drill permit was submitted on January 12, 2021, and was expected to be approved within a standard 30-day timeframe - that would be due by February 12.
Asiamet Resources Ltd (LON:ARS) has announced the termination of the binding sale and purchase agreement (SPA_ entered into with PT WIN, as signed and announced on December 24, 2020, for the acquisition of Indokal Ltd, the owner of the Kalimantan Surya Kencana Contract of Work, located in Central Kalimantan, Indonesia. Under the SPA, the first tranche payment of US$2.5mln was not transacted by PT WIN within the agreed timeframe of 10 business days following the signing of the SPA and a subsequent extension period. The Company used best endeavours to ensure this payment was made, however this was not complied with and no reasonable explanation was provided other than a request for further changes to the terms of the binding SPA which were considered to be unacceptable and detrimental to the best interests of the company. Asiamet Resources also announced that a video recording with executive chairman, Tony Manini is now available for shareholders to view on the company's website at the following link: https://asiametresources.com/media/
W Resources PLC (LON:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal has announced the retirement of Fernando de la Fuente, who will remain as a consultant to the team. Pablo Neira who has led the team at the La Parrilla mine since November 2020, has worked alongside de la Fuente and is now driving the next stage of development and production growth at the project. Michael Masterman, chairman of W Resources commented: "A very personal thank you goes to Fernando de la Fuente who as many investors know, was a great patron and champion of La Parrilla and we wish him all the very best in his retirement. The team at La Parrilla has been strengthened with very experienced individuals, all experts in their fields of mining, plant operations, metallurgy and maintenance and following the improvements delivered in Q4, we are excited about the increasing traction already achieved at the start of 2021."
Remote Monitored Systems plc (LON:RMS) said it has received notification to exercise 6,000,000 warrants at an exercise price of 0.5p each. The consideration received by the company will be £30,000. In s separate statement, Remote Monitored said it has been notified that Paul Ryan, previous non-executive chairman of the company, has exercised 7,142,857 options at an exercise price of 1.4p each. The consideration received by the company will be £100,000.
DeepVerge PLC (LON:DVRG) announced that it has received notification from a warrant holder to exercise warrants over 535,714 shares in the company at an exercise price of 20p each. The consideration for the exercise of the warrant shares amounts, in aggregate, to a cash value of £107,143.
Power Metal Resources PLC (LON:POW) the AIM-listed metals exploration and development company said on Friday it has received notices to exercise warrants over 12,631,578 new ordinary shares of 0.1p each at an exercise price of 0.75p per ordinary share. Subscription monies of £94,737 have been received by Power Metal in respect of these exercises.
APQ Global Limited (LON:APQ) has announced that as at the close of business on December 312, 2020, the group’s unaudited book value per ordinary Share was 40.19 US cents, equivalent to 29.40p.
One Media IP Group PLC (LON:OMIP), the digital music rights acquirer, publisher and distributor, announced that on January 21, 2021, it received notification from Michael Infante, its chief executive officer, to exercise 500,000 options over ordinary shares at an exercise price of 2.75p each under the share options granted on 7 March 2011. Following the exercise, the group noted that Infante will be interested in 26,077,862 ordinary shares in the company, representing 11.72 % of the enlarged issued share capital.
Oracle Power PLC (LON:ORCP), the AIM-listed natural resources and power project developer, has announced that Naheed Memon, its CEO, purchased 49,002,561 ordinary shares of 0.1p each in the company on January 22, 2021, at a price of 0.45p each for a total consideration of £220,511.52. The shares were purchased in a block transaction from one shareholder to facilitate their complete disposal of holdings in the company. Following this purchase, Memon has an interest in 65,002,561 ordinary shares representing 3.0% of the issued share capital of the company.
Oriole Resources PLC (LON:ORR), the AIM-quoted exploration company focused on West Africa announced that, following an exercise of warrants over ordinary shares in the company application has been made for 4,203,357 new ordinary shares of 0.1p each to be admitted to trading on January 28, 2021. Of the total, 4,043,970 warrants were exercised at a price of 0.68p each, and 159,387 warrants at 0.60p each. It noted that 3,676,470 of the warrants have been exercised by three directors of the company - John McGloin, Tim Livesey, and Robert Smeeton. McGloin, Oriole’s chairman, commented: "The Directors have made the decision to exercise their warrants in order to ensure that, should the Company decide in the future to activate the warrant instrument's accelerator provision included as part of the Company's most recent financing (see announcement on 7 October 2020) there would be no regulatory restrictions on the Company in so doing, as no PDMRs would be holding warrants. The Directors intend to hold the shares that they are acquiring through this exercise. The Company is fully funded for its current exploration programme in Cameroon and our partners are funding our other ongoing exploration programmes."
ECR Minerals PLC (LON: ECR), the gold exploration and development company focussed on Australia, said it has received notice to exercise warrants over 55,856,391 new ordinary shares in the company at 1.125p per share. Aggregate subscription monies of £1,112.752.82 have been received by ECR in respect of the exercise of these warrants. Following receipt of the above warrant monies, ECR now has cash balances of around £4mln and is, therefore, in the board’s view, in an exceptionally strong financial position. This strength of the company’s financial position enables ECR to comfortably continue to embark on its previously announced exploration programmes with confidence. With its own in-house drilling capability, the group said it is planning to undertake extensive drill programmes across our Victoria Goldfields interests. With the current cash position ECR currently has no intention of carrying out a placing. ECR also announced that it has appointed Novum Securities as a joint broker with immediate effect. Novum are to undertake broker research on ECR, with a particular focus on enhancing market awareness of the company, notably in the institutional investor community.
Tirupati Graphite PLC (LON:TGR), the fully integrated, revenue generative, specialist graphite producer and graphene developer with operations in Madagascar and India, has announced that a holder of the convertible loan notes (CLNs) of par value £1.00 each issued by Tirupati on May 17, 2019, has elected to convert 40,000 CLN's into 88,889 ordinary shares of 2.5p each at the company's IPO price in accordance with the instrument, being a price of 45p each in the share capital of Tirupati.
Polarean Imaging PLC (LON:POLX), the medical imaging technology company, with a proprietary drug‑device combination product using hyperpolarised xenon-129 gas to enhance magnetic resonance imaging (MRI) in pulmonary medicine, has announced the appointment of Stifel Nicolaus Europe Limited as its Nominated Advisor (NOMAD) with immediate effect.
EQTEC PLC (LON:EQT), a world-leading gasification technology solutions company for sustainable energy-from-waste projects, has announced that an Extraordinary General Meeting of the company will be held at its registered office at Building 1000, Citygate, Mahon, Cork, Ireland on Wednesday, February 17, 2021, at 10.00am. The business of the EGM will be to consider and, if thought fit, approve certain resolutions which are necessary to effect a technical change as to how, and where, the electronic settlement of trades in EQTEC's shares occurs. The need for this technical change arises as a consequence of the United Kingdom's departure from the European Union (Brexit) and it will not alter where EQTEC shares are quoted or traded. The change affects all Irish companies whose securities are listed or quoted and traded on the London Stock Exchange and/or Euronext Dublin.
Arkle Resources PLC (LON:ARK) has said that an extraordinary general meeting of the company will be held at 162 Clontarf Road, Dublin 3 on February 23, 2021, at 10.00am. The business of the EGM will be to consider and, if thought fit, approve certain resolutions which are necessary to ensure shares in the company can continue to be settled electronically when they are traded on AIM and further remain eligible for continued admission to trading and listing on AIM. This change is a consequence of the end of the transition period following the United Kingdom's departure from the European Union (Brexit) and will not alter where the Company's shares are listed or traded.
Conroy Gold and Natural Resources PLV (LON:CGNR), the gold exploration and development company focused on Ireland and Finland, said it has convened an extraordinary general meeting of the company to be held at Unit 3300 Lake Drive, Citywest Business Campus, Dublin 24, D24 TD21, Ireland on February 17, 2021, at 11.00am. The business of the EGM will be to consider and, if thought fit, approve certain resolutions which are necessary to effect a technical change to how, and where, the electronic settlement of trading in Conroy Gold shares occurs. Settlement is the process that occurs following a trade in Conroy Gold shares when payment is made and ownership of the shares transfers. This change is a consequence of the end of the transition period following the United Kingdom’s departure from the European Union (Brexit) and will not alter where Conroy Gold’s shares are listed or traded.
Karelian Diamond Resources PLC (LON:KDR), the diamond exploration and development company focused on Finland, announced that it has convened an extraordinary general meeting of the company to be held at Unit 3300 Lake Drive, Citywest Business Campus, Dublin 24, D24 TD21, Ireland on February 17, 2021, at 12.00pm. The business of the EGM will be to consider and, if thought fit, approve certain resolutions which are necessary to effect a technical change to how, and where, the electronic settlement of trading in the company’s shares occurs. Settlement is the process that occurs following a trade in the cvompany’s shares when payment is made and ownership of the shares transfers. This change is a consequence of the end of the transition period following the United Kingdom’s departure from the European Union (Brexit) and will not alter where the company’s shares are listed or traded.
Oncimmune Holdings PLC (LON:ONC.L), the leading global immunodiagnostics group, has said it will be announcing its half-year results for the six months ended November 30, 2020, on Monday, February 15, 2021. The group’s management team will host on Investor Meet Company a live presentation of the results on Monday, February 15, 2021, at 4.30pm GMT. Access to Investor Meet Company is free and interested parties can register to attend the presentation via the following link: https://www.investormeetcompany.com/oncimmune-holdings-plc/register-investor