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The Markets
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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news headlines: 88 Energy, S & U, Karelian Diamond and more

The Walt Disney Company (NYSE:DIS) is using a mash-up of the old and new to keep itself relevant in its second century of existence.

The new is the company's digital business and very well it is doing too while the old, specifically the theme parks that came to overshadow the film-making business in the final quarter of the twentieth century and the early years of the twenty-first, is arguably doing even better.

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Atlantic Lithium Ltd announced the final infill drilling results from its December 2021 campaign at the Ewoyaa lithium project in Ghana, West Africa.

The highlights include 30 metres (m) at 1.5% lithium oxide (Li2O) at the Ewoyaa Northeast deposit, 29m at 1.35% Li2O and 23m at 1.7% Li2O.

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S & U PLC, the specialist motor finance and property bridging lender, said profit for the year just ended should top current market expectations.

The company remains cautious about political and economic uncertainty and acknowledged the supply shortages that are affecting the used car market but management nevertheless expressed confidence that 2022 would see a gradual recovery to “normal motor sales conditions”.

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88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has launched a £15.8mln (A$30mln) equity funding ahead of next month’s drill campaign, which was confirmed earlier today.

The company today said it had received the green light for the Merlin-2 appraisal well on Alaska’s North Slope.

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88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has been given permission by the US Bureau of Land Management (BLM) for the upcoming Merlin-2 appraisal well, on Alaska’s North Slope.

The Merlin appraisal well is slated to spud in early March, 88 Energy said in a statement.

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Frontier IP Group PLC (AIM:FIPP) portfolio company Cambridge Raman Imaging (CRI) is to receive a grant from the European Innovation Council’s Transition awards to fund the development of a low-cost cancer diagnostic as part of the CHARM project.

CRI will use Raman digital imaging technology to analyse the molecular composition of patient tissue samples to distinguish cancerous from healthy cells without the need for chemical staining.

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Sovereign Metals Ltd has appointed highly experienced mining industry executive and former Rio Tinto executive Nigel Jones as a non-executive director.

Jones will also chair the company’s environmental, social and governance (ESG) committee.

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