Frontier IP has sold a further 391,200 ADS in investee company Exscientia at an average price of US$11.97 raising net proceeds of approximately US$4.68mln.
Since January, net proceeds from sales of Exscientia shares amount to approximately £9.96mln, said Frontier IP, generating an estimated realised gain of £2.79mln in the financial year to 30 June 2022 and £0.31mln in the financial year to 30 June 2023.
Graft Polymer (UK) PLC (LSE:GPL) has received a first commercial purchase order for its fledgling GraftBio division, the company said in a statement today.
The UK-based food supplement and drug delivery system developer launched its new division, GraftBio, in 2020 to develop intellectual property for pharma applications.
Ariana Resources PLC (AIM:AAU) reported an increase in estimated resources for the Apliki copper project in Cyprus.
Apliki contains a measured, indicated, and inferred resource of about 17 million tonnes (Mt) at copper grades of between 0.26% to 0.69%, according to the updated mineral resource estimate (MRE).
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has agreed to buy exploration data for the Garadagh and Xarxar contract areas, its recently awarded concessions in Azerbaijan.
It will pay AzerGold, the previous holder of the concessions, US$3.3mln for the data for Garadagh and US$0.7mln for Xarxar.
Empire Metals Ltd (AIM:EEE) said an airborne magnetic survey identified a significant structure at the Pitfield copper-gold project in Western Australia.
The structure closely aligns with a 7km surface copper anomaly identified by previous owners during surface sampling in the early 1990s.
Pantheon Resources said it was delighted with the progress of its Alkaid-2 well in Alaska with target depth now reached including 5,300ft of horizontal drilling.
Alkaid-2 is Pantheon’s first horizontal well on the Alaska North Slope and one of the most keenly anticipated development holes in the region for years.
Light Science Technologies Holdings PLC (AIM:LST) said its paid-for trials have the potential to generate significant revenues.
The group, a specialist in lighting used in greenhouses, polytunnels and vertical farming, said the latest batch of projects could result in contracts worth £3mln.
African mineral sands producer and developer Base Resources Limited (AIM:BSE, ASX:BSE)will host two investor webcasts to discuss its full-year results on Monday 22 August.
Gold producer Centamin PLC (LSE:CEY, TSX:CEE, OTC:CELTF) has appointed Joh. Berenberg, Gossler & Co KG (Berenberg) and Peel Hunt LLP as joint corporate brokers, working alongside BofA Securities and BMO Capital Markets Ltd, effective immediately.