Proactive news headlines: Arix Bioscience, Powerhouse Energy, EQTEC, Samarkand Group...

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

Arix Bioscience PLC -

Arix Bioscience PLC (LON:ARIX) is pulling the trigger on the £25mln share buyback programme announced earlier this month. The programme will end no later than December 22 of this year.

Arix also noted that its portfolio company Aura Biosciences, today announced the closing of an oversubscribed US$80mln financing, following strong interest from leading global investors. Arix retains a 5.6% ownership stake.

Samarkand Group PLC (LON:SMK) made a healthy start to trading on its first day of dealings on the Aquis Exchange.

Powerhouse Energy Group PLC’s (LON:PHE) executive chairman has outlined his long-term vision for its technology, announced good progress in Poland and welcomed a significant new shareholder.

Avation PLC (LON:AVAP) said it has delivered a new ATR 72-600 aircraft to the South Asian airline US-Bangla Airlines with the lease at market rates.

EQTEC PLC (LON:EQT) and MetalNRG PLC (LON:MNRG) have signed a framework partnership agreement to develop sustainable green energy projects. In a separate announcement, EQTEC said 2021 is forecast to be its first year of profitability as the company said it is targeting “considerable” sales growth from its European projects.

4D pharma PLC (LON: DDDD) has passed a “transformational milestone” following the completion of its merger with US investment vehicle Longevity Acquisition Corporation, according to chief executive Duncan Peyton.

Alien Metals Ltd (LON:UFO) has set out details of the programme of work it intends to undertake in the coming months across its extensive portfolio of exploration and development projects. 

Asiamet Resources Ltd (LON:ARS) has released the results of recent metallurgical testwork related to its BKM copper project in Central Kalimantan, Indonesia, which it said are “highly promising”.

Futura Medical PLC (LON:FUM) has agreed with the US Food and Drug Administration (FDA) on the protocol for a small confirmatory clinical study of MED3000, the company's treatment for erectile dysfunction. 

Rare diseases specialist Amryt Pharma PLC (NASDAQ:AMYT, LON:AMYT) said the French authorities have signed off its drug Myalepta for reimbursement.

Induction Healthcare Group PLC (LON:INHC) said that its patient portal Induction Zesty has surpassed 200,000 patient users in the UK.

Faron Pharma PLC (LON:FARN) said Part II of a trial for its precision cancer drug shows significant efficacy signals while it was also advised to increase the dosing frequency.

Oriole Resources PLC (LON:ORR) is now a third of the way through its 3,080 metre drill programme at the Bibemi gold project in Cameroon. 

Helium One Global Ltd (LON:HE1) has appointed Mitchell Drilling Ltd as drilling contractor for the company's maiden three well exploration programme on its Rukwa project in Tanzania.  Mitchell Drilling will mobilise a drill rig from Tanzania and work is anticipated to start in mid-May.

Union Jack Oil PLC (LON:UJO) told investors that the operator of the West Newton project, Rathlin Energy, has launched an online consultation event.

88 Energy Ltd (LON:88E) raised $6.48mln of new capital as it advances the drilling of the Merlin-1 exploration well in Alaska.

CentralNic Group PLC (LON:CNIC) said it has been awarded a significant project by Jisc, a UK non-profit that supports higher and further education and research, to support critical UK domain infrastructure. 

Coinsilium Group Limited (LON:COIN) (OTCQB:CINGF) has provided a progress update on the launch of its Nifty Labs Ltd subsidiary, which in early March entered into a Memorandum of Understanding (MOU) with Singaporean firm Indorse to form a joint venture to launch a non-fungible token (NFT) technology development studio. 

MGC Pharmaceuticals Limited (LON:MXC) (ASX:MXC) shares moved higher on Monday after it said it has received Ethics Committee approvals from the Rambam Health Care Campus and the Nazareth Hospital EMMS in Israel for Phase III clinical trials of its CimetrA treatment on patients diagnosed with coronavirus (COVID-19).

Caledonia Mining Corporation PLC (LON:CMCL, NYSE:CMCL) posted higher underlying profit for 2020 on record production and higher gold prices. EBITDA rose to US$43.3mln, from US$29.9mln in 2019, as revenue jumped by a third to US$100mln.

Evgen Pharma PLC (LON:EVG) has appointed a chief business officer as it focuses on potential partnering activities for its lead compound, SFX-01.

Shield Therapeutics PLC (LON:STX) said Hans-Peter Rudolf is joining Shield's senior executive team as the chief financial officer (CFO) with immediate effect. Rudolf is a Swiss national with extensive international experience, particularly in the US. 

Corero Network Security PLC (LON:CNS), announced the appointment of Canaccord Genuity as its nominated adviser and sole broker, with immediate effect.

Plant Health Care PLC (LON:PHC) chief executive, Christopher Richards, and chief operating officer, Jeffrey Tweedy, will provide a live presentation via the Investor Meet Company platform on 26 March, 2021, at 2pm GMT. Questions can be submitted pre-event or any time during the live presentation.

FastForward Innovations Ltd (LON:FFWD) has highlighted an announcement that its investee Yooma Wellness Inc, in which it holds a 5.1% stake, has acquired Socati Corp, a US-based maker and seller of cannabinoid ingredients and consumer products.



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