Premier African Minerals Limited (LON:PREM) has arranged a new financing package to provide working capital and to increase its stake in fertiliser project developer Circum. The additional 1% stake in Circum is costing Premier African roughly US$1.3mln, with the money to come from a £2.9mln new loan agreement and a combined £4.8mln subscription at 0.7p and £3.3mln stand-by facility that will give it access to a further net £1.5mln.
Shares in Powerhouse Energy Group PLC (LON:PHE) burned rubber Monday morning as the green energy provider reported a very successful test of its gasification reactor.
Regenerative medicines specialist WideCells Group PLC (LON:WDC) said it had been granted a research licence from the UK’s Human Tissue Authority, which chief executive João Andrade said opened up a “new dimension” for the company.
Alliance Pharma PLC (LON:APH) on Friday told investors that the UK healthcare regulator has not approved a marketing authorisation submission for Diclectin. The product is a treatment for nausea and vomiting during pregnancy.
Cloud-based portfolio analytics provider StatPro Group PLC (LON:SOG|) has signed a three-year contract with FundBPO Pty, one of Australia’s leading independent fund administrators.
Cloud-based enterprise data analytics platform operator Rosslyn Data Technologies PLC (LON:RDT) has won three contracts worth more than £3.1mln in aggregate over a three-year period.
Redx Pharma PLC (LON:RDX) is expected to exit administration after selling its Bruton’s tyrosine kinase (BTK) inhibitor technology and drug development programme for US$40mln. The deal was struck on Friday with NASDAQ-listed Loxo Oncology Inc (NASDAQ:LOXO).
Shares in Brave Bison Group PLC (LON:BBSN) stampeded higher after the digital media & social video business narrowed losses at the half-year stage. Net revenue in the first half of 2017 shrank to £6.00mln from £9.69mln the year before but the gross profit margin shot up to 48% from 39% the previous year.
Falcon Media House (LON:FAL) has boosted its assets and signed a number of partnerships in the over-the-top (OTT) video streaming market since it began trading in London last year. The group, which listed on the main market of the London Stock Exchange in January 2016, has in the past year announced tie-ups with several companies including Tata Communications, LaserNet Group, Verimatrix and Media Nucleus.
Mining royalty business Anglo Pacific Group PLC (LON:APF) revealed a steep rise in free cash flow as it reported a trading update for the six months to July 31. Anglo Pacific said that free cash flow for the half would be between £18.5mln and £19mln, compared to £4.7mln in the same period of 2016.
Strategic Minerals PLC (LON: SML)(USOTC: SMCDY) will add two new holes to Phase 1 of the drilling programme at the Redmoor tin and tungsten project in Cornwall to be undertaken by joint venture vehicle Cornwall Resources Limited.
Advanced Oncotherapy PLC (LON:AVO) has reached another milestone in the development of its first LIGHT system, a next-generation proton therapy unit. It has announced the final coupled cavity linac (CCL) module is ready for shipment to the Geneva testing facility.
Silence Therapeutics PLC (LON:SLN) has broadened its patent estate in the US with the grant of further protection over its chemical modification technology. It is part of an ongoing process as it eyes companies with drugs in clinical trials that may be piggybacking on its intellectual property.
Victoria Oil & Gas PLC (LON:VOG) highlighted an 11.9% rise in gross gas production from the Logbaba project, in Cameroon, as it reported on its operations in the second quarter. The company said production averaged 14.59mln cubic feet of gas per day during the three months ended June 30, up from just over 13mln cubic feet per day in the same period of 2016.
China-focused Green Dragon Gas Ltd (LON:GDG) told investors that the development of the Greka Shizhuang South project will be expedited, thanks to a regulatory decision. The company said that the China National Development and Reform Commission (NDRC) has approved a project code for the development plan and that means that the separate approval process won’t be needed.
Production at the Kiziltepe mine has come in at 1,370 ounces of gold and 6,780 ounces of silver for the month of July, following a successful start-up earlier this year from owner Ariana Resources PLC (LON:AAU).
Keras Resources PLC (LON:KRS) has increased its exposure to the Warrawoona gold project in Australia through an acquisition of licenses undertaken by 31%-owned investment Calidus Resources.
The growing value of its holding in med-tech portfolio company Belluscura has prompted a surge in profits at IP firm Tekcapital PLC (LON:TEK). TekCapital has a 48% stake in Belluscura, a firm that makes a number of devices used in surgery and that is likely to list separately in the near future.
Pan African Resources PLC (LON:PAF) is selling its Phoenix Platinum subsidiary to Sylvania Resources for a total cash consideration of 89mln rand (£5.21mln).
Ferrum Crescent Limited (LON:FCR) executive chairman, Justin Tooth said today that the miner is looking forward to receiving assay results from its key lead/zinc Toral project in Spain, which are currently anticipated within the next 6 weeks.
Due diligence currently being undertaken by Thor Mining PLC (LON:THR) on its option to acquire the remaining 75% of US Lithium Pty Limited remains ongoing. US Lithium is a private Australian company with interests in lithium-focused projects in Arizona and New Mexico in the United States of America.
Premier Oil PLC (LON:PMO) has completed the Zama-1 exploration well, offshore Mexico, and has confirmed the potentially very significant new discovery.
() has raised £3.25mln through a subscription, placing and open offer of shares. The company plans to use the proceeds to drill the first well at the East Denver Niobrara project in the third quarter.
dotdigital Group PLC (LON:DOTD) said interim chief financial officer (CFO) Phillip Blundell has been appointed as a director of the company with immediate effect.
Jubilee Platinum PLC (LON:JLP) achieved design throughput at its Hernic operation in June 2017, leading on to positive earnings in July 2017. As it stands the company’s Hernic project has produced 1,697 ounces of platinum group metals.
() has issued and allotted 500 new ordinary shares of 10p each following the exercise of employee share options. The shares will be admitted to trading on AIM on 7 August.