Graft Polymer PLC (LSE:GPL) said it is making strong operational progress following its main market listing in January.
Following successful trials, it is gearing up for orders and has moved to a two-shift system at its facility in Slovenia, which means it now has the capacity to turn out 4,000 tonnes of product per year. The addition of new equipment will take eventually output to 6,000 tonnes.
Cellular Goods PLC (LSE:CBX) said its skincare products are going on sale on Amazon Marketplace today as it announced an update on its strategy and trading.
The launch on Amazon is part of a pilot programme that enables selected cannabinoid products to be purchased through the platform in the UK.
Emmerson PLC (AIM:EML) has named Jim Wynn as chief financial officer with immediate effect.
Wynn recently held the CFO position at Moxico Resources, and before that Rainbow Rare Earths.
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) has release what it called ‘another excellent result’ from the Talitha A well in Alaska, meanwhile, the hotly anticipated flow test of the Theta West well has been delayed due to a third-party error.
The latest Talitha well test saw the Slope Fan System (SFS), a secondary target, flow oil at a sustained rate of 32 barrels of oil per day from a total of 10 feet of vertical intersections of the reservoir.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced the acquisition of an asset package comprising producing wells, to be known as Project Longhorn, in the Permian Basin, Texas.
The assets presently yield around 300 barrels of oil per day, across 32 existing wells, and, the company expects to double volumes by the end of the year through the work-over of seven of the wells – with the programme starting in March.
Genel Energy posted its annual oil reserves statement across its portfolio, confirming volumes as of December 31 – comprising 62.6mln barrels of proven (1P) reserves, 104.2mln barrels proved and probable (2P) and 136.6mln barrels of proved, probable and possible (3P) reserves. It comes after 11.6mln barrels of production over 2021.
The Sarta field, presently undergoing appraisal, will be incorporated into reserves assessments in the future, “at the appropriate time”, it added.
Helium One Global Ltd announced the appointment of Liberum as the company's Nominated Adviser and joint broker effective immediately.
Cornish Metals Inc announced that Robert Wares, who at the time of the company's admission to trading on AIM held 11,000,000 shares or approximately 4.12% of its issued share capital, has now let it be know that he no longer has a notifiable interest in the issued share capital of the company.
Ferro-Alloy Resources Limited said it has appointed Liberum Capital as a joint corporate broker alongside Shore Capital Stockbrokers, effective immediately.