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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Proactive news headlines: Gfinity, Plexus, Redx Pharma and more

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said initial drilling at its Juri joint venture with Newcrest in Western Australia identified gold in eight of the nine holes with a magnetic survey also identifying several new targets.

The first phase of drilling comprised nine holes for 4,958m testing six targets including five holes at the Goliath, Outamind and Los Diablos targets on the Paterson Range East licence and four holes at the Parlay, Saddle Reefs & Saddle South targets on the Black Hills licence.

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Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) mining is increasing its footprint outside its core area of Azerbaijan with a C$6.3mln strategic investment in a Canada listed exploration company.

The subscription for 12.6mln new shares in Libero Copper & Gold Corporation gives it a 19.9% stake in the Venture Exchange-quoted group. Each share has a half warrant attached exercisable at 75 cents.

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Plexus Holdings PLC (AIM:POS) won an order for a POS-GRIP surface production wellhead system from a leading North Sea operator.

The equipment is scheduled for delivery in the second quarter of 2022 with the contract running for approximately 120 days. Most of the revenue will be booked during the current 2021/22 financial year.

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archTIS Ltd has completed its Share Purchase Plan (SPP) and along with its recent placement has now raised A$6,930,563, including A$6.5 million under the placement and A$430,563 under the SPP.

To raise the funds, AR9, a global provider of innovative software solutions for the secure collaboration of sensitive information, issued 30,132,848 fully paid ordinary shares at A$0.23 per share, together with 10,044,257 free-attaching options, each exercisable at A$0.35, which will expire on December 23, 2023.

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