NetScientific PLC (AIM:NSCI) said its portfolio company, PDS Biotechnology Corp, has completed an end-of-phase two meeting with the US Food and Drug Administration (FDA) for the treatment of HPV16-positive HNSCC.
Earlier this year PDS was granted FDA fast-track designation for PDS0101 in combination with Merck's anti-PD-1 therapy, KEYTRUDA (pembrolizumab).
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) offers some 69% upside to the market price, according stockbroker Liberum, which today repeated a ‘buy’ recommendation and pitched a 1,431p price target.
It comes after Caledonia announced its regular quarterly dividend, US$0.14 per share, its latest payment since the gold miner began payouts in 2012.
Quadrise Fuels International PLC (AIM:QFI, OTC:QDRSF)'s marketing initiatives are each potentially worth more than market value, says broker Peel Hunt.
In particular, the broker highlights what is going on in the Americas where discussions are underway in Panama and Honduras to trial the company’s fuel solutions at power plants.
Quadrise Fuels International PLC said the position of the company has never been better as the momentum behind decarbonisation initiatives continues to build.
Aim-listed Quadrise is developing alternatives to heavy diesel fuels used in shipping and other areas.
Mosman Oil and Gas Ltd (AIM:MSMN) has confirmed the spudding of the Cinnabar-1 well in Tyler County, Texas, where drilling began on Friday 30 September.
The company, in a statement, noted that the well would now be drilled down to a target vertical depth of 9,900 feet to test primary exploration targets in the Wilcox sands, which produce oil and gas in nearby fields.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) said it is on track to hit the top end of production guidance as it declared its quarterly dividend – a pay-out of 14 US cents per share.
Annualised, the shareholder distribution equates to a yield of just under 6%.
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) has completed a preliminary economic assessment (PEA) for the Phalaborwa rare earths project in South Africa.
The PEA demonstrates a long life and financially robust opportunity at Phalaborwa, which could become a significant supplier of high purity rare earth oxides to the rapidly expanding permanent magnet market.
Futura Medical PLC (AIM:FUM, OTC:FAMDF) said it has now completed all the work required to make its submission for regulatory sign-off from the US Food and Drug Administration (FDA) for MED3000, its fast-acting erectile dysfunction (ED) gel.
It expects to receive marketing approval towards the end of the first quarter of next year.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF), the largest gold miner in West Africa, told investors that its operations in Burkina Faso are not affected by the recent political events in the country. “The company continues to monitor the situation and will provide further updates if appropriate,” it said in a brief statement.
TomCo Energy PLC (AIM:TOM, OTC:TMCGF) noted that it has served a draw down notice in respect of the £375,000 second and final tranche of the £750,000 unsecured convertible loan note facility, announced previously, in early September. The injection of funds is intended to bridge the financing requirements as TomCo seeks to finalise negotiations with a potential financing party for a larger debt funding package.
MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) posted its audited annual financial report and corporate governance disclosures in line with ASX requirements.
Chesnara PLC (LSE:CSN) announced the appointment of Amanda Wright as the European life insurance consolidator’s group general counsel and company secretary. She brings more than 15 years in the financial services sector, and, will be responsible for providing commercial and legal advice to the board and wider leadership team.
Galileo Resources PLC (AIM:GLR) confirmed that all conditions have been met in relation to the agreement to acquire a 29% shareholding in BC Ventures Limited, to add interests in lithium & gold projects, in Zimbabwe. The company is now issuing some 50mln Galileo shares, priced at a price of 1.2p.
Panthera Resources PLC (AIM:PAT) has arranged an equity capital fundraise with existing and institutional investors for £0.5mln at a price of 5p per share. The equity financing comprised a placing of 3.5mln shares and a subscription for 6.5mln shares.
Oriole Resources PLC (AIM:ORR)has received a two-year licence extension for its 90%-owned Bibemi orogenic gold project in Cameroon.
Amur Minerals Corporation (AIM:AMC, OTC:AMMCF)said buyer Bering Metals has successfully obtained the necessary consents from the appropriate Russian Federation authorities to complete the acquisition of the Kun-Manie nickel-copper sulphide project.