Small Caps
Oilex announces receipt of cash calls worth $1.41m gross
Oilex, the oil and gas exploration and production company announced Monday "material progress" having received outstanding cash calls of approximately $1. 41m gross owed to the Cambay and Bhandut production sharing contracts (PSCs).
Touchstone Innovations commits another £3m to Concirrus
Touchstone Innovations issued an announcement to the market on Monday, saying it had committed a new £3m, two-tranche investment into Concirrus, which it described as a “leading” insurance internet-of-things (IoT) solution provider based in London.
CyanConnode gets an order for 10,000 smart meters
Narrowband radio mesh networks specialist CyanConnode Holdings announced new purchase orders for 10,400 smart meters from Larsen & Toubro, which expanded the deployment of the company’s smart metering solution at Tata Power Mumbai.
Microsaic Systems warns of lower revenues amid 'difficult' trading
Chip-based mass spectrometry instruments developer for the pharmaceutical industry, Microsaic Systems, issued a trading update on Monday as it approached the end of its first half on 30 June.
Integumen receives orders from trio of global firms
Human integumentary system-focussed personal healthcare company Integumen announced on Monday that it had received orders from La Prairie, Merck & Co. , and Galderma.
Velocys invited to apply for USDA loan guarantee
Smaller-scale gas-to-liquids and biomass-to-liquids technology developer Velocys announced on Monday that the US Department of Agriculture (USDA) had invited it to submit a Phase II application to obtain a loan guarantee for a commercial-scale biorefinery.
FDA approves cryopreserved ReNeuron formulation
Cell-based therapeutics developer ReNeuron Group updated the marker on its cell therapy development programmes targeting degenerative diseases of the retina on Monday, reporting that the US Food and Drug Administration (FDA) had approved the cryopreserved formulation of its human retinal progenitor cell (hRPC) therapeutic candidate.
Plant Impact revenue surges as shipments of Veritas rise
Crop enhancement research and development company Plant Impact published a trading update for the nine months to 30 April on Monday, with revenue for the period up 55% on the same time last year to £7. 3m.
Xtract Resources subsidiary signs mining agreements in Mozambique
Xtract Resources announced on Monday that its wholly-owned Mozambican subsidiary, Explorator Limitada, had concluded a mining contractor agreement with Omnia Mining and Moz Gold Group for the exploitation of alluvial gold deposits at its Manica mining concession in Mozambique.
Flowgroup recapitalises as it focuses on consumer business
Residential gas and electricity supplier Flowgroup announced the successful re-capitalisation of the company in a shareholder update on Monday.
CareTech gobbling up Selborne Care for £17m
Specialist social care services provider CareTech Holdings announced on Monday that it had agreed to acquire the entire issued share capital of Selborne Care for a total consideration of £16. 9m in cash.
Bonmarche FY profit slumps nearly 40%
Clothing retailer Bonmarche reported a near-40% drop in full-year pre-tax profit as it highlighted a more challenging backdrop than it had been expecting, with wage inflation, Brexit and unseasonal weather all contributing factors.
BNN Technology signs three-year deal with Zhejiang Xinhua
AIM-listed Chinese technology, content and services company BNN Technology has signed a three-year cooperation agreement with Zhejiang Xinhua to create a student services platform in China encompassing recruitment, financial services and funding for student innovation and enterprise.
Avanti Communications signs $4.5m deal with mobility customer
AIM-listed provider of satellite data communications services Avanti Communications has signed a $4. 5m two-year contract to deploy capacity from its HYLAS fleet to a new customer in the mobility market.