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Small Caps
16 Feb
Money pounds sterling
Small cap news round-up

88 Energy Oil and gas explorer 88 Energy said that Doyon Drilling’s Arctic Fox rig is to move to the Icewine 2 appraisal well in April after the completion of drilling on a nearby acreage.

16 Feb
europa oil and gas
88 Energy to move Arctic Fox rig in April

Oil and gas explorer 88 Energy said that Doyon Drilling’s Arctic Fox rig is to move to the Icewine 2 appraisal well in April after the completion of drilling on a nearby acreage.

16 Feb
libra, esterlina, divisa, moneda, reino unido pound currency
Gulfsands funded to 2018 with new £4m facility

Syria, Tunisia, Colombia and Morocco-focussed oil and gas company Gulfsands Petroleum announced on Thursday that it finalised a secured term facility of up to £4m with its major shareholders.

16 Feb
oilfield
Solo Oil raises £2m to fund joint venture commitments

Solo Oil announced on Thursday that it raised £2m before expenses through a company-sponsored placing of 400 million new ordinary shares of 0. 01p, at a price of 0. 5p per placing share, representing approximately 5. 7% of the issued share capital prior to admission of the placing shares.

16 Feb
morocco desert sunset stunning sahara sand dune
Chariot awarded 75pc stake in new Morocco permit

Atlantic margins-focussed oil and gas exploration company Chariot Oil & Gas announced on Thursday that its wholly owned subsidiary, Chariot Oil & Gas Investments Morocco, was awarded a 75% interest and operatorship of the Kenitra Offshore Exploration Permit in partnership with the Office National des Hydrocarbures et des Mines, which holds a 25% carried interest.

16 Feb
cash money sterling pound
Jarvis Securities beats chairman's pessimism in full-year results

Jarvis Securities posted its final results for the year to 31 December on Thursday, with revenue from continuing operations rising to £8. 32m from £7. 61m in the prior year.

16 Feb
London, city, DL
Huntsworth improves investor relations with profit upgrade

Public relation group Huntsworth has revealed 2016 trading was ahead of consensus forecasts thanks to strong growth at its health communications arm.

16 Feb
rupee india money
Infrastructure India's cargo volumes weakened by demonetisation

Shares in Infrastructure India tumbled on Thursday after saying cargo volumes have gradually improved since demonetisation by the Indian government, but recovery to prior levels depends on the rebound of the manufacturing sector.

16 Feb
handshake
Versarien signs Nanene distribution deal with Lansdowne Chemicals

AIM-listed advanced materials company Versarien has inked a six-month distribution agreement with Lansdowne Chemicals for its new graphene brand, Nanene.

16 Feb
globe_symbol_radar-261x300
Avation improves H1 pre-tax profit

Shares in Avation are up more than 5% after it hiked its first-half pretax profit by 51% to $8. 4m, and said it is well positioned for the second half of the year.

16 Feb
dollars-billets-03
MTI Wireless Edge remains strong through broadband struggles

Flat panel antenna manufacturer MTI Wireless Edge announced its audited results for the year to 31 December on Thursday, with revenues increased by 19% to $23. 3m.

16 Feb
Money cash dollars
Client issues see SimiGon perform below expectations

Simulation training solutions provider SimiGon updated the market on its trading for the year to 31 December on Thursday, ahead of announcing its final results for the period in April.

16 Feb
computer chip technology computers
Zytronic's revenue ahead of last year

Touch screen technology manufacturer Zytronic’s revenue for the year to date was ahead of the previous year.

16 Feb
computer chip technology computers
EG Solutions wins £692,000 public sector contract

Shares soared in EG Solutions after the back office technology company said it had won a £692,000 contract to implement its operational intelligence software within the public sector.

16 Feb
asthma, health
Akers Biosciences gains US patent for disposable cartridge

Akers Biosciences, a developer of rapid health information technologies, has been granted a US patent for its wellness disposable markers.