BATM Advanced Communications Ltd (LSE:BVC, OTC:BTAVF) said its COVID-19 RT-PCR kits have been validated as effective against the Omicron mutation of the virus.
MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) said it has raised £5.5mln via a share placing – cash that will be used to fund emergency use authorisation applications for the use of its lead asset in Covid.
Powerhouse Energy Group PLC (AIM:PHE, ETR:BT81) told investors that its partner Hydrogen Utopia International has signed a letter of intent with Simitli, a city in Bulgaria, where it will build a Distributed Modular Gasification plant to convert waste plastics and tyres to create a source of hydrogen.
Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) has completed geotechnical drilling for the upcoming feasibility study at its La India gold project in Nicaragua. The programme consisted of a total of 2,551.5 metres of oriented core drilling backed by the use of optical and acoustic televiewer scanning, as well as geotechnical lab testing on core samples.
One Media iP Group PLC (AIM:OMIP), the digital music rights acquirer, publisher and distributor, continues to trade in line with expectations and is confident of continued steady growth.
discoverIE Group PLC expects continued strong order growth to deliver full-year profits ahead of its previous forecast, despite supply chain and forex headwinds.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) has consolidated the term loan relating to the Elikhulu project with its existing revolving credit facility into a new revolving credit facility, which became effective on 25 November 2021.
ReNeuron Group PLC (AIM:RENE) chief executive Olav Hellebø said he thought the company was at ‘the right place, at the right time’ with its exosomes technology as he predicted the cell specialist would increase the number of partnerships it has in this field.
Galantas Gold Corporation lost US$1.17mln during the quarter ended September 2021. Provisional revenues from concentrate sales from the Omagh mine in Northern Ireland totalled US$329,000 compared to US$690,000 for the third quarter of 2020. Until the mine commences commercial production, the net proceeds from concentrate sales are being offset against development assets.
Stuart Ashman, chief executive of SkinBioTherapeutics PLC (AIM:SBTX), hailed 2021 as a landmark year, adding: “We have transformed ourselves from a research and product development business, to a commercial one.”
Bezant Resources PLC (AIM:BZT) said it mobilised a drill rig to test several targets around the Hope and Gorob copper-gold deposits in Namibia and has also started to prepare a mining licence application over the Hope-Gorob copper-gold project area.
Sensyne Health PLC (AIM:SENS), the clinical artificial intelligence company, has agreed settlement terms on a fine imposed by the London Stock Exchange. The fine of £580,000 was discounted to £406,000 because of early payment and was for historical breaches of AIM rules relating to the payment of certain initial public offering bonuses in 2018.
Bradda Head Lithium Ltd (AIM:BHL) is in a strong financial position to develop its existing lithium projects in Arizona and Nevada, the company said alongside its results for the six months to end August.