Full List Of Stories
N4 Pharma raises £2.03m via oversubscribed placing
Specialist pharmaceutical company N4 Pharma has raised £2. 03m through an oversubscribed placing of 50,731,250 new ordinary shares, it announced on Wednesday, at a price of 4p each.
Mosman shifts focus to margins from volumes
Mosman Oil and Gas updated the market on its operations on Wednesday, reiterating that its business was not immune to the recent “exceptional external events”, including the Covid-19 coronavirus pandemic and the fluctuating oil price.
Fox Marble begins processing Kosovo town square contract
Kosovo and Balkans-focussed quarrying and processing company Fox Marble has started processing the contract it announced on 14 April, it announced on Wednesday, to supply up to 20,000 square metres of paving for Suhareka town square in Kosovo.
Modern Water receives first order from Ion Exchange collaboratiob
Modern Water announced on Wednesday that, following its collaboration agreement with Ion Exchange India in December, an order for the first of a two stage project with a total value of £0. 9m has been received.
Ariana completes initial earn-in on Venus Minerals
Ariana Resources announced the completion of its initial earn-in on Venus Minerals - a Cyprus-focussed copper-gold exploration and development company - on Wednesday.
Tri-Star confirms first antimony sale at SPMP in Oman
Minerals processing company Tri-Star Resources updated the market on Wednesday on its investment in Strategic & Precious Metals Processing (SPMP), an antimony and gold production facility in Oman, in which it holds a 40% equity interest.
Connect Group pulls interim dividend as profits slide
Connect Group reported a 4. 5% fall in continuing adjusted revenue in its first half on Wednesday, to £623. 1m, while its operating profit slid 7. 9% to £19. 9m, as it worked to maintain its liquidity amid the coronavirus crisis and confirmed there would be no interim dividend.
Stock Spirits cheers positive first half
Spirit and liqueur producer Stock Spirits Group reported underlying volume growth of 8. 4% year-on-year in its first half on Wednesday, to eight million litres.
Predator confirms approval for carbon dioxide injection at AT-5X
Jersey-based Predator Oil & Gas saw its shares fall on Wednesday, after an announcement from Columbus Energy Resources that the petroleum operations management division of the Ministry of Energy and Energy Industries in Trinidad and Tobago has granted approval for the AT-5X carbon dioxide and injection system to start injecting for a period of 90 days.
Gaming Realms signs two-year deal with Hasbro
Mobile gaming content company Gaming Realms has signed a two-year agency deal with US-based toy giant Hasbro, it announced on Wednesday.
Union Jack upbeat on latest developments at Wressle
Union Jack Oil shares were in the green at lunchtime on Wednesday, after a positive announcement from the operator of the Wressle hydrocarbon development on North Lincolnshire licences PEDL180 and PEDL182.
Asia report: Markets mixed amid concern over virus resurgence
Markets in Asia finished in a mixed state on Wednesday, as investors digested reports of fresh resurgences in coronavirus infections in a number of countries that have relaxed their economic and social restrictions.
Pandemic leads to bumper first quarter for TP ICAP
TP ICAP updated the market on trading in its first quarter on Wednesday, reporting that the Covid-19 coronavirus pandemic had led to a brief period of heightened trading for the company.
IP Group puts £1m into Featurespace fundraising
Intellectual property investor IP Group said on Wednesday that its portfolio company Featurespace, which provides adaptive behavioural analytics for enterprise financial crime prevention, has completed a £30m fundraising to support continued growth.
Ferguson revenue slides, TUI to slash up to 8,000 jobs
London open The FTSE 100 is expected to open 64 points lower on Wednesday, having closed up 0. 93% at 5,994. 77 on Tuesday.
US close: Markets finish lower as reopening concerns continue
Stocks on Wall Street finished sharply lower on Tuesday, with the Dow booking its biggest one-day slump since the start of May, as market participants continued to monitor the White House's efforts to reopen the economy.