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.
Supply@ME Capital PLC (LSE:SYME) has raised £321,000 gross and £270,000 net from an open offer at 0.05p announced last month. The stock monetisation platform said shares not taken up were subscribed for under an excess application facility, which had to be scaled back.
Metal Tiger PLC (AIM:MTR, OTC:MRTTF, ASX:MTR)noted investee company Cobre Limited’s statement five exploration licences which subject an earn-in agreement with Kalahari Metals in Botswana have been renewed. The licences have been renewed for an additional two years until 30 September 2024.