Small Caps
Pan African Resources guides towards higher production in 2018
Pan African Resources, forecast higher production even as gold produced for the full-year to 30 June came in below its own guidance.
Dalradian to break ground on 30,000 metre surface drilling program
Dalradian Resources has announced commencement of its 30,000 metre drilling program at the Curraghinalt gold project in Omagh, Northern Ireland.
Good progress at Strawn and Arkoma projects, says Mosman Oil & Gas
Mosman Oil and Gas, the oil exploration, development and production company said it and its strategic partner Blackstone Oil and Gas were encouraged by the recent progress made on their joint US projects.
Venn Life Sciences revenues edge higher
Contract research organisation Venn Life Sciences said its new financial year “started well” in a trading update on Thursday, with contract wins of €5. 7m secured in January and February.
Sales run higher at Science in Sport
Sports nutrition company Science in Sport reported a 28% improvement in sales in its first half on Thursday to £8. 27m, in a period the board said consisted of “strong” sales increases and “significant” progress in the execution of its growth strategy.
Reach4entertainment agrees variation on finance with PNC
Media and entertainment company reach4entertainment has agreed a variation of the covenants on its three-year secured asset base facility with PNC Business Credit, it announced on Thursday, which it said reflected the shift in the weighting of its revenues in 2016 and 2017, which affected the 12-month rolling covenant test.
SafeCharge makes 'solid' start to financial year
Advanced payment technology company SafeCharge said trading in the first half of its financial year was “solid” on Thursday, with the performance of SafeCharge Acquiring “particularly strong” and ahead of management expectations.
Origo continues selldown with agreement to sell Rising Tech
China and Mongolia-focussed closed-end investment company Origo Partners, which is seeking to divest its entire portfolio by November 2018, has entered into binding agreements with ChinaEquity International for the disposal of its 2% equity stake in Rising Technology Corporation and its 1. 6% beneficial interest in Beijing Rising Information Technology.
Nyota Minerals runs down cash from share placing, tenements sale
Nyota Minerals said its cash position was little changed at the end of the latest quarter despite its most recent share placing and after the sale of its residual tenements, even as the company continued to search for a viable business after an attempted cash call fell through.
Surge in podcast listening sees AudioBoom boom
Podcast and spoken word audio-on-demand platform AudioBoom reported a 460% surge in revenue in its first half on Thursday, which was ahead of what was flagged in its previous trading update on 7 June.
Greencoat Renewables blows away fundraising target in dual listing
Renewable energy investment group Greencoat Renewables increased the funds raised in its initial public offering in London and Dublin to €270m from €250m on the back of "heavy demand”.
Solo Oil announces latest gas sales payment from TPDC
Solo Oil, the natural resources investment company announced in its latest update on Kiliwani North on Thursday, that it was informed by the operator of the field, Aminex, about a further payment made from Tanzania Petroleum Development Corporation.
Nichols enjoys domestic and international growth
Vimto and Panda Pops drink maker Nichols has released half-year results showing both sales and profits bubbling higher.
MediaZest completes AV displays for new Birmingham VW shop
MediaZest was engaged by Volkswagen UK for the first time, announced on Thursday, to provide audio-visual solutions for the carmaker’s new store at the Bullring shopping centre in Birmingham.
Zinc Media anticipates return to profits after restructuring
British-based producer of television programmes and multimedia content, Zinc Media returned to the black this year.