Springfield raises £25m for housing development projects in Scotland
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Scottish housebuilder Springfield Properties raised £25m before costs and expenses as it floated on London's AIM.

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AEW Long Lease REIT completes acquisition of Lambeth-based property for £4.4m
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Real estate investment trust AEW Long Lease REIT reported on Monday it had completed the acquisition of a property in the London Borough of Lambeth for £4. 4m, reflecting a net initial yield of 5. 1%.

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Starvest announces Cora Gold as new investee company
London Stock Exchange AIM LSE shares

AIM-quoted investment company Starvest said it had participated in the recent IPO of Cora Gold, placing both companies in the best position to benefit from increasing interest in precious metals amid an upturn in the gold sector.

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Telit confirms talks to offload automotive division
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AIM-quoted machine-to-machine (M2M) communications provider Telit Communications confirmed it was in "very early stage" talks to sell its automotive division.

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Stellar Diamonds agrees sale price for Guinea assets
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West Africa-focussed diamond development company Stellar Diamonds announced on Monday that it has signed conditional share purchase agreements with Gold Knight - a wholly-owned subsidiary company of BDG Capital - in relation to the proposed sale of Stellar's assets in the Republic of Guinea, as it had previously announced on 5 June and 14 August.

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Genedrive signs distribution agreement with Sysmex
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Near-patient molecular diagnostics company Genedrive announced on Monday that it has signed a distribution agreement with Sysmex Europe, a subsidiary of Sysmex Corporation, for the Genedrive HCV ID Kit and Genedrive platform in the Europe-Middle East-Africa region, with an initial focus on Africa.

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Blue Star's SatoshiPay opens IOTA demo to public

New technologies-focussed investment company Blue Star Capital announced on Monday that, further to its update on 29 September regarding SatoshiPay's proof-of-concept project with the IOTA Foundation, SatoshiPay has now released the proof-of-concept demo site to the public.

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Spectra Systems flags bumper royalties in current year
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Banknote authentication and brand protection technology provider Spectra Systems Corporation announced on Monday that it has been informed by its covert authentication technology licensee that royalties based on finished printed notes will reach a record level in 2017.

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Low and Bonar goes down after disappointing second half performance
rail engineering

UK-based performance material company Low and Bonar said on Monday that increased prices for raw materials and more challenging market conditions in its civil engineering business led the firm to an unexpected loss.

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Blenheim Natural Resources identifies 15 lithium targets in southern Mali

Blenheim Natural Resources announced on Monday that it had identified multiple targets for lithium pegmatite at its prospective permits in southern Mali.

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Orosur Mining reports first drilling in Colombia alongside first quarter numbers
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Orosur Mining reported on Monday it had met its internal guidance for production and cash operating costs for a 20th consecutive quarter and announced the start of drilling in Colombia.

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Iraqi troops move to retake Kirkuk from Kurdish control
iraqi kurdistan near erbil

Iraq has taken control of key areas of the dispute city of Kirkuk, seizing the international airport, a key oil field and a military base in what is an oil-rich area bordering the Kurdistan Region.

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Physiomics losses widen as major contract awaited

Biology services group Physiomics saw its annual losses widen throughout the year ended 30 June as second-half revenue came in below expectations.

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Avesoro enters agreement to purchase new heavy mining equipment
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West African gold producer Avesoro Resources announced on Monday that its wholly-owned subsidiary Bea Mountain Mining Corporation has entered into equipment finance facility agreements with Mapa İnşaat ve Ticaret - a related party of the company - to facilitate the purchase of heavy mining equipment totaling $6. 1m.

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Palace Capital secures lease renewal on Farnborough Job Centre
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Commercial property investment company Palace Capital announced on Monday that it has renewed the lease on Princeton House, on Victoria Road in Farnborough, Hampshire.

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ProPhotonix launches two new laser diodes
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LED illumination system and laser diode module designer and manufacturer ProPhotonix announced the addition of two new infrared laser diodes to its product range on Monday.

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Hutchison Chi-Med upbeat on latest Iressa trial results

Hutchison China MediTech - commonly known as Chi-Med - reported preliminary clinical activity, safety, and tolerability data of fruquintinib, an investigational selective inhibitor of vascular endothelial growth factor receptor given in combination with Iressa, on Monday.

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Draper Esprit targets £75m-worth of investment in seed funds across Europe
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Venture Capital firm Draper Esprit announced on Monday a strategy targeting up to £75m worth of investment in top seed funds across Europe over the next five years, less than a week after its funds had committed £17m into three new Europe-based digital technology businesses.

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BP Marsh picks up 30% equity stake in US firm Mark Edwards Partners
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Venture capitalists BP Marsh and Partners announced on Monday that it would be taking a 30% equity stake in US-firm Mark Edwards Partners (MEP), providing the North American group with a $2m loan facility for future growth in the process.

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Thalassa Holdings confirms sale of shares in Papua Mining
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The board of Thalassa Holdings confirmed it had sold 40m ordinary shares in copper and gold exploration company Papua Mining on Monday.

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