Oxford Cannabinoid Technologies Holdings PLC (LSE:OCTP) said 198.5mln of its shares, representing 20.7% of the company's issued share capital, have been pledged as security against a loan by Kingsley Capital Partners, a partnership controlled by its executive chairman, Neil Mahapatra.
IXICO PLC (AIM:IXI, OTC:PHYOF) has been chosen by its largest pharma client to provide neuroimaging services for a new phase III clinical trial into demyelinating disorder. The AIM-listed artificial intelligence (AI) data analytics company said in a statement that the trial will be conducted across 100 sites in 10 countries and is worth more than £1.0mln over seven years.
Amryt Pharma said it is supporting Acromegaly Awareness Day, which takes place Monday (November 1). Acromegaly is caused by an abundance of growth hormone that signals bones, cartilage, and soft tissues to expand. The company’s drug, Mycapssa, is a long-term maintenance treatment for the condition.
Arecor Therapeutics PLC (AIM:AREC) has announced its fourth major collaboration in six months after signing an exclusive formulation agreement with an unnamed ‘leading global medical products company’.
BATM Advanced Communications Ltd (LSE:BVC, OTC:BTAVF) has been awarded a contract for its agri-waste treatment solution by a cattle facility in Botswana, its first contract in Africa. The contract is worth €909,920, of which €376,000 has already been received, and delivery of the project is expected to complete in the second half of 2022, BATM said in a statement.
W Resources PLC (AIM:WRES) said its wholly owned subsidiary Iberian Resources Portugal (IRP) has received the Régua mining licence from the Portuguese Directorate General for Energy and Geology (DGEG), clearing the way for an environmental study which is expected to be submitted in the final quarter of this year.
Craig Brown, the long-standing boss of ECR Minerals, has passed away. ECR’s chairman David Tang commented: "Craig was a good CEO and a great friend and his loss will be felt by many. Our thoughts are with his family at this difficult time."
Power Metal Resources PLC (AIM:POW) and its wholly-owned subsidiary Gold (NYSE:GLD)en Metal Resources Ltd have exercised their option to acquire a 100% interest in the Pilot Mountain project in Nevada.
Trident Royalties PLC (AIM:TRR) received royalty payments totalling US$375,000 during the third quarter of 2021, as money from the Mimbula copper project continued to roll in.
Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) has announced the commencement of a combined 35,000 metre reverse circulation, air core, and auger drilling programme at the Tabakorole Gold (NYSE:GLD) project in southern Mali. Tabakorole is subject to a joint venture with Marvel Gold Limited.
Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) has received final approval from the Toronto Venture Exchange in respect of the transaction announced on 5 August 2021 whereby Mkango has acquired Talaxis’ 49% interest in Lancaster Exploration Limited, which owns the Songwe Hill rare earths project in Malawi, and Talaxis' 24.5% interest in Maginito Limited, which holds a 25% interest in rare earth magnet recycler HyProMag Limited.
Versarien PLC said its subsidiary, 2-Dtech, is part of a consortium that has won funding from the Department of Transport. 2-DTech will receive £93,000, in funding to develop an innovative asymmetric pseudo-capacitor power pack for use on container shuttles at ports across the globe.
KRM22 PLC (AIM:KRM), the technology and software investment company, said 7RIDGE Investments is to pump roughly £4.7mln into the company by subscribing for shares at 53p a pop. KRM22 shares closed at 32p on Friday.
Spectra Systems Corporation (AIM:SPSY) announced it has been selected by the largest lottery in the US to provide its Premier64 Integrity internal control system.
MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) said the Israeli authorities have approved a dosing study of its phytomedicine CimetrA for use treating the effects of COVID-19.
Ethernity Networks Ltd (AIM:ENET) said it has received notice of payment of the final investment, in the amount of £750,000, under the agreement with 5G Innovation Leaders Fund, a US-based specialist investor, as announced in September 2020.
LoopUp Group PLC (AIM:LOOP) has announced a major strategic sales and distribution alliance for its Cloud Telephony solution with an international telecommunications provider.
Powerhouse Energy Group PLC (AIM:PHE) said the collaboration agreement between it and Peel NRE has been extended to 31 August 2022, reflecting the confidence both parties have in completing the Protos hydrogen facility, which is scheduled to be fully operational during 2023.
Challenger Energy Group PLC (AIM:CEG) saw its shares fall on Monday as interim financial results confirmed the explorer requires recapitalisation and is working to negotiate creditor settlements. The company, formerly known as Bahamas Petroleum, said it had US$3mln of cash resources at the end of October and it needs at least US$15mln of new funds to meet its obligations as they fall due over the coming twelve months.
Westmount Energy Limited (AIM:WTE, OTCQB:WMELF) has seen another discovery offshore Guyana, but like the two previous finds the Sapote-1 well also encountered non-commercial volumes. The AIM-quoted oil and gas investor has a stake in the Exxon-operated well via its 7.2% shareholding in JHI Associates Inc, which is a minority partner with 17.5% of the Canje block.
Eco Atlantic Oil and Gas Ltd also owns a stake in JHI, holding 6.4%, and it also has its own exploration venture in the Orinduik project where the team is presently “very focussed” on selecting the next well target.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has launched phase 2 exploration at the Rukwa project in Tanzania, where a new 2D seismic data acquisition programme had now begun. Survey and line clearing crews have now mobilised, the company said in a statement.
Union Jack Oil PLC (AIM:UJO) told investors that a planning application for a side-track drilling operation at the Biscathorpe site was refused at a meeting of the Lincolnshire County Council Planning Committee.
Coro Energy PLC (AIM:CORO) has extended the exclusivity period agreed with the company's Vietnamese rooftop solar project partner, Vinh Phuc Electrical Mechanical Installation Co Ltd, with the new deadline moving to 31 December 2021.