Brewdog launches yet another fundraising round
brewdog beer vsign

Scottish beer maker Brew Dog set itself the lofty ambition of becoming the world's biggest crowdfunded business in history after it formally announced its plan to raise as much as £50m.

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Conviviality CFO resigns

The chief financial officer of Conviviality, Andrew Humphreys, has tendered his resignation after three years at the company and will be succeeded by Mark Moran, the company reported on Wednesday.

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Credit Suisse sees 'buying opportunity' for Merlin Entertainments
legoland merlin entertainments rollercoaster

After Legoland operator Merlin Entertainments's profit warning sent its shares tumbling, Credit Suisse saw this new lower entry point as an opportunity to upgrade the shares from 'neutral' to 'outperform'.

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Trinity Capital enters sale & purchase agreement for TCM with DB Realty

Investment banking firm Trinity Capital, on Wednesday, said it had entered into a sale and purchase agreement with DB Realty Limited to receive the equivalent of £1. 7m, while it extended the deadline for receipt of unconditional bids, regarding its auction of Trinity Capital Mauritius.

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Director dealings: Sniper Investments snaps up another 300,000 shares in MPO

Sniper Investments acquired 300,000 ordinary shares of Asian firm Macau Property Opportunities Fund (MPO) on 17 October at price of 170. 25p each.

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Thursday preview: EU 27 summit, UK retail sales, Unilever update
Unilever, consumer goods, PG Tips

On Thursday the European Union's main Brexit negotiator, Michel Barnier, will update EU 27 leaders on the current state of negotiations, while other financial diary items include UK retail data and results from Unilever.

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Shanta Gold says due diligence for new credit facility still ongoing
Gold bars

Shanta Gold reported on Wednesday that Investec Bank's due diligence in relation to a bigger credit facility was still ongoing as it continued evaluating legislative changes in Tanzania.

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Artilium opens new office in Germany
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Telecommunications software and solutions provider Artilium announced the opening of a new office in Germany on Wednesday.

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New US clients boost Eckoh in first half

Secure payment products and customer contact solutions provider Eckoh updated the market on its trading on Wednesday, for the six months to 30 September.

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Ncondezi Energy raises £0.75m in oversubscribed placing

Ncondezi Energy announced on Wednesday that it has conditionally raised a total of £0. 75m before expenses through an oversubscribed placing of 15 million ordinary shares, at a price of 5p per ordinary share.

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Altus Strategies granted Daro exploration licence in Ethiopia
edgar test 10

Africa-focussed exploration project generator Altus Strategies announced on Wednesday that it has been granted the Daro exploration licence targeting potential Kuroko-style Volcanogenic Massive Sulphide copper and gold deposits in the Tigray Regional State of northern Ethiopia.

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Gama Aviation takes 100pc of Gama MENA in $5m deal
Money cash dollars

Gama Aviation announced the acquisition of the 51% interest in Gama MENA, currently owned by Jet Set Equity Partners, for a cash consideration of $5. 1m on Wednesday, following which it will own 100% of Gama MENA.

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Sprue Aegis launches 'Check the Date' smoke alarm safety campaign
Sprue Aegis smoke and carbon monoxide alarms, home security

Home safety products developer and supplier Sprue Aegis announced the launch of its national ‘Check the Date’ campaign on Wednesday, to raise awareness of the recommendation by the UK Fire and Rescue services to replace all smoke alarms after ten years.

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Shell African licensee Vivo Energy mulls IPO
VidaCaixa 3

One of Royal Dutch Shell's major licensees in Africa is mulling a public listing that could value the firm at over $3bn (£2. 27bn).

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Oncimmune signs distribution agreement with Poland's SmartGene

Early cancer detection technology company Oncimmune Holdings announced on Wednesday that it has signed an exclusive agreement for distribution of its ‘EarlyCDT-Lung’ test in Poland with SmartGene, a Polish in vitro diagnostic (IVD) distribution company with almost 20 years of experience in laboratory and molecular diagnostics and life sciences.

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Hilton Food raises £55.9m to part-fund proposed Seachill acquisition
hilton food meat

Meat packing business Hilton Food has placed a total of 7. 35m shares at 760p each, raising proceeds of £55. 9m to part-fund the proposed acquisition of chilled fish processor Seachill.

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Sula considers options for Sierra Leone gold project after encouraging sampling
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After finding "very encouraging" gold samples from test drilling at its Ferensola project in Sierra Leone, explorer Sula will soon look to engage with potential joint venture or farm-out partners.

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Purplebricks insists it's committed to transparency as ASA slams misleading adverts
London houses

Estate agency Purplebricks has received a slap on the wrist from the Advertising Standards Authority for potentially misleading customers over its fees.

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Ubisense wins contract with 'premium' German carmaker
money euros cash

Enterprise location intelligence solutions provider Ubisense announced a new contract win in Europe for its RTLS SmartSpace division on Wednesday.

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Proteome falls short on subscription to services

London-based protein biomarker firm Proteome received Good Clinical Laboratory Practice (GCLP) accreditation on Wednesday, enabling the firm to effectively compete for clinical stage contracts that commanded larger budgets, with the benefits of those expected to show in early 2018.

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