CentralNic PLC has raised gross proceeds of £3mln from the open offer that accompanied its acquisition of German group VGL.
The offer was part of a funding package by the internet registry and marketing group that included a £42mln share subscription and €21mln senior bond issue.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF)’s entry into the FTSE 100 on 21 March should be a positive catalyst for the shares, according to Berenberg.
The broker has a price target of 2,600p/C$44 and highlights the dividend potential with a yield of 2.4% on a minimum payout this year of US$150mln, though the broker thinks it can do more than this.
City broker SP Angel has teamed up with Digbee to bring environmental, social and governance (ESG) accreditation to its mining clients.
Digbee’s online platform allows mining companies of all sizes to disclose their ESG activities, which are then analysed by an independent third party that assigns a score and delivers a qualitative ESG assessment.
Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) said it has generated five drug candidates targeting cancer from its fourth and latest proprietary platform – GlyMab.
The anti-glycan monoclonal antibodies (mAb) created will target specific tumours such as those associated with pancreatic, small cell lung, colorectal and gastric forms of the disease.
Empire Metals Ltd (AIM:EEE) said an initial reverse circulation (RC) drilling programme at the Eclipse gold project in Western Australia was successful and it announced the start of a follow-up diamond drill (DD) programme.
The DD programme will continue over the next few weeks.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) said that the Merlin-2 surface hole has been successfully completed (to 2,005 feet) and safety systems put in place ahead of drilling to its target depth of 8,000 ft.
This is expected to be reached in two weeks with all target zones anticipated to be intersected, said the statement.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) profits jumped 79% in 2021 on record gold production following the acquisition of new mines and said it was confident for the current year.
“We have entered 2022 with considerable momentum and we expect to deliver another strong year for the group,” said president and chief executive Sebastien de Montessus.
Frontier IP Group PLC (AIM:FIPP) reported interim profits ahead of management expectations and has continued to make progress in the second half.
The intellectual property commercialisation specialist posted a £10.3mln pre-tax profit for the half-year to 31 December, an increase of 239% on a year earlier reflecting a higher gain on revaluation of investments.
Ariana Resources PLC (AIM:AAU) said it expects a 20% jump in gold production this year from the Kiziltepe mine in western Turkey.
The gold output guidance for Kiziltepe is expected to be about 25,000 ounces of gold, which is 2.5 times greater than the feasibility plan for this stage of mine life, and an improvement on its 2021 production of 20,737 ounces.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) said 2021 was a turning point for the Zimbabwe-focused group after the completion of a new central shaft at its Blanket gold mine.
Revenues rose 21% to US$121mln in 2021, helped by a strong gold price and flat costs of production.
With a rise of 73.4% since the start of the year, The Royal Mint Physical Gold ETC (LSE:RMAU) reached its highest level of assets under management (AUM) last week, two years after its launch.
HANetf, which manages the exchange-traded commodity, which is backed by responsibly sourced Good Delivery bars accredited by the London Bullion Market Association, said its AUM surpassed US$486mln on 8 March.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has announced the appointments of Srinivasan Venkatakrishnan as the new chair of the company’s board of directors, as well as an independent non-executive director, and Ian Cockerill as a senior independent non-executive director, effective May 24, 2022.
Venkatakrishnan succeeds Michael Beckett, who is retiring from the board after 12 years as its chair.
Excitement and anticipation continue to build for 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF)’s new well in Alaska, as the company shared a video of the exploration manager arriving to site by plane.
The video shows the drill rig in operation at the Merlin-2 site where the exploration company is testing large targets, estimated at some 652mln barrels, which were identified in the prior Merlin discovery well.
Genflow Biosciences PLC (LSE:GENF), which is carrying out research into healthy ageing, has secured up to €3.375mln in non-dilutive funding.
It comes in the form of a grant from the regional government of Wallonia, in southern Belgium, and was awarded to the company’s local subsidiary that will be paid in half-yearly tranches starting with €767,253.
Atlantic Lithium Limited (AIM:ALL) said it has promoted Amanda Harsas to the board as finance director with immediate effect.
She had previously had the title of chief financial officer and company secretary.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF) has received conditional permission to begin drilling at its Eureka project in Nevada.
The permission is for a 23-hole programme, pending a 30-day bond payment adjudication with the money already posted by Bradda Head, the company said in a statement.
Galliford Try Holdings PLC (LSE:GFRD) announced its non-executive chairperson Peter Ventress will step down on 15 September after more than seven years on the board, to be replaced by Alison Wood.
“The board is extremely grateful to Peter for his contribution to and chairing of the board over the last seven years and during the group's transformation, in recent years, to its current position as one of the UK's leading construction groups,” Terry Miller, senior independent director, said.
ANGLE PLC (AIM:AGL, OTCQX:ANPCY) has taken an important step towards gaining accreditation for a US lab that will help showcase the commercial potential of its Parsortix liquid biopsy system.
The Centers for Medicare and Medicaid Services (CMS) has issued a certificate of registration, the company said in a statement.
Sovereign Metals Ltd (ASX:SVM, AIM:SVML) has encountered the highest rutile grades to date in assay results from a 2021 drilling program at the flagship Kasiya-Nsaru Project in Malawi, increasing the drill-defined mineralised footprint by 28% to 165 square kilometres.
Sovereign has determined that the Kasiya and Nsaru deposits are a single, very large, coherent body of near-surface rutile and graphite mineralisation.
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.
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).
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.
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.
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.
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.