Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

Proactive news headlines: Seraphim Space, Medica, Spectra Systems, AfriTin Mining...

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

Seraphim Space Investment Trust PLC (LSE:SSIT, FRA:75N) has made its first investment since its initial public offer, with US$25mln invested into portfolio company Isotropic Systems.

Teleradiology specialist Medica Group PLC (LSE:MGP, FRA:2MI) said the recovery of the electives business and a strong contribution from the NightHawk emergency service were behind a 55.7% jump in first half revenues and a more than doubling of underlying profits.

Chariot Limited has signed an agreement with Mauritania's Ministry of Petroleum, Mines & Energy to progress a potential green hydrogen development, called Project Nour, of up to 10 gigawatts (GW).

Destiny Pharma PLC (AIM:DEST) said its partner in China is to launch a new programme aimed at delivering a new product using Destiny’s XF-73 to target the prevention and treatment of superficial skin infections caused by bacteria.

Instem PLC (AIM:INS), which provides software services to the life sciences industry, said it expects its full-year trading performance to be slightly ahead of expectations.

Eight Capital Partners PLC (AQSE:ECP) has announced plans to become a financial services operating company rather than an investment vehicle as it unveiled a comprehensive balance sheet restructuring.

Futura Medical PLC (AIM:FUM) has inked its third major commercial agreement for MED3000, its fast-acting erectile dysfunction gel.

Interim results from Tiziana Life Sciences revealed the significant progress made by the drug developer in the first six months of the year.

AFC Energy PLC (AIM:AFC, OTC:AFGYF, FRA:QC8) said operating data from the deployment of its hydrogen power generator as the primary power source in the charging of Extreme E's race vehicles in the first three races of the 2021 season is already being used to support wider partner discussions as well as highlighting areas for future development.

Incanthera plc (AQSE:INC) has filed two trademark names for the commercial use of its skin cancer formulation, currently identified as Sol.

Scotgold Resources Limited (AIM:SGZ) said it is issuing 3.3mln shares at a price of 60.58p to settle the amounts owed by wholly owned subsidiary SGZ Cononish under the short-term loan funding provided by certain directors of the company.

Base Resources Ltd has almost doubled the resource base at its Ranobe project in Madagascar. The new estimate puts resources at 2.58bn tonnes at an average heavy mineral grade of 4.3%.

Bradda Head Lithium Ltd (AIM:BHL) has returned assay results with intercepts of over 2,000 parts per million lithium from its third twinned hole at its Burro Creek East project. Hole BCE21-03 discovered previously unknown, but anticipated, lithium mineralisation within the Lower Clay zone at Burro Creek East and highlights again that there is significant potential for an increase in the resource.

Bushveld Minerals Limited generated revenue of US$47mln in the six months to June 2021, a 9 per cent increase relative to the comparable period in 2020. The average realised price of vanadium was higher, although overall sales were lower.

Spectra Systems Corporation (AIM:SPSY) announced the appointment of Allenby Capital as a joint broker.

Caerus Mineral Resources PLC (LSE:CMRS) returned a pre-tax loss of £415,553 during the six months ended 30 June, up from £41,844 in the corresponding period a year ago. The company talked up the prospects of its proposed joint ventures with Bezant Resources Ltd and Jubilee Metals Group.

Cloudbreak Discovery PLC (LSE:CDL) has commenced exploration on five recently staked Northwestern British Columbian polymetallic projects. This will represent the first field work Cloudbreak will conduct on these projects.

Trident Royalties PLC (AIM:TRR, FRA:5KV) returned a loss after taxation of US$930.000 in the six months to June 2021, somewhat higher than the previous year’s US$550,000 loss, partly as a result of a temporary lack of activity on the Trident royalty tenement at Koolyanobbing.

AfriTin Mining Ltd (AIM:ATM, FRA:9IA) reported revenues of £5.1mln in the six months to August 2021, an increase of 468% over the corresponding six-month period a year earlier.

Angle PLC said its Parsortix liquid biopsy system has demonstrated the ability to isolate circulating tumour cells (CTCs) in three studies into ovarian and lung cancer at the Medical University of Vienna.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK