Ora Banda Mining Ltd (ASX:OBM) CEO Luke Creagh has made the transition to managing director, taking up a different leadership mantle to guide the company in leveraging the most value possible from its landholdings.
Creagh is a mining engineer with 20 years of experience in contracting and mining companies at projects both domestically and internationally.
ATOME Energy PLC (AIM:ATOM) is one of the only new energy stocks globally that has outperformed a key sector benchmark, said broker Liberum as it reiterated a ‘buy’ rating.
Fellow house broker SP Angel, which also kept its ‘buy’ rating and 160p target, said it thinks the milestones achieved so far this year towards monetisation through the swift development of its Villeta project is “clearly an attractive route to establish material early cash flows from its operations in Paraguay”.
Digitalbox PLC (AIM:DBOX) posted a “strong” first-half performance and remains confident it can navigate economic headwinds for the rest of the financial year.
Revenue jumped 40% to £1.8mln in the six months to 30 June while adjusted operating profit soared 126% to £660,000.
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) told investors it will launch a share buyback programme to benefit from the weakness in the British pound.
The London-listed firm with oil and gas production in the United States said it believes the current volatility and general weakness of the stock market combined with the strength of the US dollar versus the pound creates an opportunity to create value for shareholders.
Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF) said its portfolio company Pulsiv has launched a new technology that improves the efficiency of battery chargers and power supply units.
Pulsiv OSMIUM uses fewer components than existing technologies, making it cheaper to produce and cutting energy wastage through heat loss.
S & U PLC (LSE:SUS) upped its first interim dividend as first-half profits increased at both its specialist motor lending and property bridging finance arms.
Current trading in both businesses is “very encouraging”, said chairman Anthony Coombs, though he noted that rarely in the group’s 84-year history “has the strength of our current trading and first-half performance contrasted so starkly with the current frenzy of pessimism and gloom surrounding the UK's economic, energy and political prospects”.
Ondine Biomedical Inc (AIM:OBI) said its nasal photodisinfection technology was selected by The Ottawa Hospital for a three-month pilot evaluation as a non-antibiotic method of preventing surgical site infections in patients that have had spinal ops.
The Ondine process, called Steriwave, involves applying a solution to each nostril that is activated by laser light.
Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) has revealed an updated and ambitious development plan for its anti-infective therapies, aiming to reach commercialisation as quickly as possible.
“The significant progress Recce has made in the last 12 months continues to strengthen and build out the company’s anti-infective platform, paving the way to new and considerable infectious disease programs across a range of unmet medical needs,” Recce Pharmaceuticals CEO James Graham said.
Open Orphan PLC (AIM:ORPH, OTC:OPORF) said it will discuss the data and learnings from recent clinical studies and projects at two upcoming conferences in Belfast. Options XI for the Control of Influenza is expected to be held 26 – 29 September, while the 12th International RSV Symposium will take place between 29 September and 2 October. The company will be at booth six for both conferences for possible partnering discussions.
Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) won the award for the highest 10-year risk adjusted total return at the MSCI UK Property Investment Awards, with an annualised decade total return of 8.41%. It also won the award in 2018, which it said demonstrates its consistency in delivering strong returns as it builds on 26 years of dividend growth and value creation for shareholders.
Love Hemp Group PLC (AQSE:LIFE, OTCQB:WRHLF) announced that Anthony Dyer, who is currently non-executive director and has experience as a chief financial officer, will take up the role of interim CFO.
Incanthera PLC (AQSE:INC) reported the issue of 2.3mln shares, priced at 6.95p, to service providers in lieu of contractual amounts owed.
Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF) notified the market that chief executive Marc Bishop Lafleche acquired 40,000 of the company’s shares, on the London Stock Exchange, at an average price 150.16p per share. It gives him a 0.11% interest in the company.
Emmerson PLC (AIM:EML, OTC:EMSNF) reported that chief financial officer Jim Wynn has purchased 159,872 of the company’s shares, at a price of 6.25p, giving him a 0.016% interest in the company.
Scirocco Energy PLC (AIM:SCIR) noted that the subscriber under the share subscription facility, entered into June 2020, has issued a settlement notice for US$100,000 and following the issue of shares it has now settled US$1.625mln of the total US$2mln facility.
Mosman Oil and Gas Ltd (AIM:MSMN) issued a brief statement about its previously announced farm-out deal with a subsidiary of Georgina Energy – specifically, in regarding information on a Georgina Energy webpage which contains ‘certain limited technical information’ about the project. In Mosman’s statement, it said: “at this point in time Mosman has not seen the supporting reports for the statements and thus Mosman desires to highlight that it has no basis to comment on the technical information that has been disclosed publicly by GE.”