Proactive news headlines: EQTEC, BATM Advanced Communications, Esken, Panthera Resources...

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


EQTEC PLC (LON:EQT), the gasification technology company, has been called in to look at a waste-to-energy solution for Toyota's engine manufacturing plant in Deeside. EQTEC is already working on a refuse derived fuel project to be located next door to Toyota's Deeside plant in Flintshire, Wales. 

BATM Advanced Communications PLC (LON:BVC; TASE:BVC) has launched a new self-collected saliva-based coronavirus test that significantly improves the sample collection process and turnaround time while maintaining diagnostic accuracy.

Evgen Pharma PLC (LON:EVG) said there were no safety or data issues around its lead compound, which is being used treat people in acute respiratory distress, including those with severe coronavirus.

PCF Group PLC (LON:PCF) said that after finalising the audit of its financial statements for the year ended 30 September 2020, a number of adjustments will be made to the previously announced profit. The adjustments are expected to constitute a net reduction of not more than £750,000 against a previously announced profit before impairment of goodwill and tax of £3.9mln.

Kanabo Group PLC (LON:KNB) and Cellular Goods PLC (LON:CBX) proved to be fruitful investments for FastForward Innovations Ltd (LON: FFWD) which today confirmed the profitable exit from its shareholding in both companies.

Esken Limited (LON:ESKN), the aviation and energy infrastructure group, saw its shares rise in early deals after reporting an encouragingly low level of cash burn.  Thanks to strict financial division, cash burn – excluding the Stobart Air and Propius parts of the business – was just £9.4mln in the six months to the end of February.

Greatland Gold PLC (LON:GGP) said it has seen high grades of gold and copper from further drilling at the Havieron deposit in Western Australia. Work primarily focused on infill drilling of the South East Crescent and Breccia Zone and all 26 new drill holes intersected mineralisation.

Oriole Resources PLC (LON:ORR) was upbeat on the results of an air core drilling programme at the northernmost Faré prospect of the Senala project in Senegal.

88 Energy Ltd (LON:88E) told investors that drilling has now begun for the Merlin-1 exploration well in the North Slope area of Alaska.

Panthera Resources PLC (LON:PAT) said eight high priority drill targets had been highlighted at the Kalaka gold project in Mali following the completion of an induced polarisation (IP) survey.

Emmerson PLC (LON:EML) said higher potash prices will increase its financing options as its moves to take the Khemisset potash project in Morocco into production. The company plans to start building the potash mine, Africa's first, by the end of 2021 and to commence production in 2023.

Gfinity PLC (LON:GFIN) said it has signed a commercial agreement with IQONIQ, a fan engagement platform, to become its official esports and gaming partner for the next three years.

Blackbird PLC (LON:BIRD) shares traded higher in Thursday’s early deals as it was selected by Australia headquartered educational technology group Typsy, which will use the AIM-quoted firm’s cloud-based video editing platform via a three-year agreement.

Frontier IP Group PLC (LON:FIPP) said inSignals Neurotech, in which it holds a 33% stake, has received a €100,000 investment from Portugal Ventures, a leading Portuguese venture capital firm.

Open Orphan PLC (LON:ORPH) said two scientists from its hVIVO unit have had their article published in the Journal for Clinical Studies. Entitled ‘Hot Topics - Vaccine Solutions for Tropical Diseases’, it was written by Adrian Wildfire, hViVO’s director of scientific and business strategy and Bruno Speder, VP of regulatory affairs and consultancy services.

City Pub Group PLC (LON:CPC) has appointed Emma Fox as an independent non-executive director with immediate effect. Currently CEO of Berry Bros & Rudd, Fox has over 30 years of experience in the retail, leisure, and drinks sectors.

Tavistock Investments PLC (LON:TAVI) has moved its annual shareholder meeting to 11.30am on Wednesday, 7 April 2021. 

Faron Pharmaceuticals Oy (LON:FARN) chief executive Dr Markku Jalkanen will present at the virtual Oppenheimer 31st Annual Healthcare Conference on Thursday, March 18, 2021 at 10:40am ET (3.40pm GMT). An audio webcast of the presentation will be available in the Investors section on Faron's website: https://www.faron.com/investors.

Kodal Minerals PLC (LON:KOD) has received a conversion notice in relation to its US$1.5mln unsecured convertible loan agreement with Riverfort Global Opportunities PCC Limited and YA II PN. The investors have elected to convert a total amount of US$150,971.51 made up of a principal amount of US$150,000 and accrued interest of US$971.51, into shares at a price of 0.084444 pence per ordinary share.

Jersey Oil & Gas PLC (LON:JOG) said it is in discussions about a fundraise of between £10-15mln to help fund the development of its Greater Buchan Area project in the North Sea.

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