Aim Bulletin
Randall & Quilter enters loss portfolio transfer deal with Repwest
Randall & Quilter has entered into a loss portfolio transfer reinsurance contract and a transfer agreement with Repwest Insurance Company, it announced on Friday.
Urban Exposure suggests Wellesley proposal lacks credibility
Urban Exposure updated the market on the potential sale of its loan book on Friday, having received a number of enquiries.
KEFI Minerals confident in Tulu Kapi despite Covid crisis
Gold exploration and development company KEFI Minerals updated the market on its Tulu Kapi Gold Project in Ethiopia on Friday, reporting that despite the need to adjust and reschedule a number of tasks due to the Covid-19 coronavirus pandemic, it remained focused on the preparations and finance milestones to enable major site activities to start from October.
i3 Energy seeks extension to Liberator funding deadline
Independent oil and gas company i3 Energy updated the market on the long-stop date for development funding on the Liberator field on Friday.
Landore raises £0.2m with new and existing investors
Landore Resources has raised £0. 2m through the issue of 38,518,519 subscription securities, it announced on Friday, each of which would comprise one ordinary share and one 1p warrant, at a price of 0. 675p each.
SpaceandPeople looks to secure £1m in additional funding
Promotions firm SpaceandPeople said on Friday that it was in the process of securing an additional £1m from its principal lender in order to help it weather the Covid-19 storm.
Bilby pulls 2021 guidance, cuts executive pay
Gas heating, electrical and building services provider Bilby pulled guidance for 2021 and cut senior management salaries as some customers deferred contracts amid the coronavirus pandemic.
Dart Group pulls final divi, sees 'promising' 2021 bookings
Dart Group pulled its final dividend but reported "promising" 2021 summer holiday bookings for its Jet2 Holidays unit, despite the Covid-19 pandemic.
Tekcapital's smart glasses firm Lucyd expands online retail presence
Intellectual property investment company Tekcapital updated the market on its wholly-owned portfolio company Lucyd on Friday, which develops smart glasses and an online retail shop for advanced eyewear.
Petards confident it can weather Covid storm
Security and surveillance systems developer Petards updated the market on the impact of the Covid-19 coronavirus pandemic on Friday, confirming that its offices and facilities remained open, and were operating effectively with a variety of safety measures to ensure social distancing and enhanced cleaning regimes.
N4 Pharma files for new UK patent on 'Nuvec'
Specialist pharmaceutical company N4 Pharma has filed a new UK patent application around both the ability of its ‘Nuvec’ delivery system ability to be used to manufacture viral vectors, and to make viral vectors more efficient in applications such as ex-vivo gene therapy treatments.
SDX Energy upbeat on well testing at Sobhi
Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on well-testing operations at the SD-12X discovery well in the South Disouq Exploration Permit, onshore Nile Delta, Egypt on Friday.
Serabi Gold agrees amendments to Greenstone subscription deed
Brazil-focussed mining and development company Serabi Gold has agreed amendments to the subscription deed that it entered into with Greenstone on 21 January, it announced on Friday, in connection with the issue of up to $12m of convertible loan notes .
Fastjet sells Embraer to cut Solenta debt
Low-cost African airline Fastjet said on Friday was selling one of its Embraer 145 aircraft for $2. 2m as part of an effort to settle a debt with Solenta Aviation.