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The Markets
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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
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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: Eco Atlantic, Argo Blockchain, Helium One and more

Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) has secured five prospecting concessions in north-eastern Sudan.

These cover an area of almost 1,100 square kilometres located approximately 70 kilometres northwest of Port Sudan, the company said in a statement.

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Mosman Oil and Gas Ltd (AIM:MSMN) announced its initial gas production results from the Stanley-4 well in East Texas, which it has a 36.5% working interest in.

Oil exploration, development and production company had an initial gross flow rate of approximately 275,000 cubic feet per day (mcfpd), which is about 53 barrels of oil equivalent per day (boepd).

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Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) highlighted the progress made on its exploration projects in Azerbaijan in the second half of last year and reiterated that it does not expect Russia's invasion of Ukraine to have any impact on its current exploration activities.

"We continued to make solid progress with our exploration campaign in the second half of last year, with the exciting discovery of the Hasan vein at Gosha,” said vice-president Stephen Westhead.

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Faron Pharmaceuticals Oy (AIM:FARN, OTC:FPHAF) has published research identifying a gene mutation that might explain why some patients with severe respiratory disease respond better than others to treatment with interferon-beta and a steroid.

Analysing data from Traumakine’s phase III INTEREST trial in 2018, Faron said its research showed patients carrying a single nucleotide polymorphism (SNP) in the interferon-alpha/beta receptor (IFNAR2) had a significantly better mortality rate in patients also given steroids.

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Cellular Goods PLC (LSE:CBX), the UK-based wellness company, has launched outdoor marketing campaigns in Manchester and London.

The campaign will run over the next two months and feature advertisements to be displayed on more than 100 digital screens and high-impact print billboards across prominent high-street locations. In addition, more than 20 digital screens will feature the advertisements at health and fitness destinations at David Lloyd and Harbour Clubs in London.

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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) said the interpretation of Phase II 2D seismic data at Rukwa in Tanzania had identified multiple areas of interest at both the Lake Bed and Karoo Group levels.

The area surveyed was not previously covered by historic 2D seismic, so any newly identified closures would be in addition to the company's current resource base and prospect portfolio, said the company statement.

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