Aim Bulletin
Oilex deal with Doriemus falls through
Oilex told shareholders on Tuesday that an agreement with Doriemus to reach an alternative agreement over the proposed purchase of Oilex's interests in the Cooper Basin by Doriemus has not been reached.
Versarien subsidiary 2-DTech gets grant from Advanced Propulsion Centre
Advanced materials engineering company Versarien announced on Tuesday that its subsidiary, 2-DTech, has been awarded a grant of up to £104,000 from the Advanced Propulsion Centre (APC).
Burford Capital predicts spike in business, shares jump
Burford Capital, the litigation finance specialist, saw total income slide in 2019 but predicted a strong performance in the current year following the coronavirus outbreak.
Pires' Sure Valley investment buys into online retail tech firm Buymie
Pires Investments said on Tuesday Sure Valley Ventures (SVV) has made a new investment in Buymie Technologies, as part of a funding round by the company to raise €2. 2m (£1. 92m).
Kore Potash continuing work on Dougou Extension
Republic of the Congo-focussed exploration and development company Kore Potash updated the market on operations in its first quarter on Tuesday, saying detailed work had continued on the Dougou Extension (DX) pre-feasibility study on its flagship, 97%-owned Sintoukola project during the period.
No 2020 dividend at RTC as it cuts cost base
RTC Group updated the market on the impact of the Covid-19 coronavirus pandemic on its business on Tuesday, as well as the measures it was taking to mitigate the associated risks.
UK Oil & Gas slashes costs at Horse Hill
UK Oil & Gas said on Tuesday that, in response to the Covid-19-induced low oil price environment, it has implemented material cost savings at all levels across its organisation.
Panoply holds off on dividend payments amid pandemic
Business consultants Panoply said on Tuesday that it will not pay any dividends for its recently wrapped up trading year despite expecting to report an increase in first-half revenues.
Distribution Finance receives extension to early amortisation waiver
Niche lender Distribution Finance Capital has received an extension to a temporary waiver for an early amortisation provision in its funding facilities from its senior and senior mezzanine facility lender.
Angle works with skeleton R&D crew during lockdown
Biopharmaceuticals group Angle said on Tuesday that progress had been impeded by the Covid-19 outbreak as the firm worked with a research and development skeleton crew in Guildford.
Universe Group sees 'solid' Q1 trading
Retail management solutions provider Universe Group said on Tuesday that first-quarter trading had been "solid" and in line with expectations as the group was successful in maintaining material service levels for customers during the Covid-19 pandemic.
Keystone Law confident after strong 2020 result
Keystone Law Group reported a “strong” improvement in revenue in its final results on Tuesday, of 16. 3% to £49. 6m.
Rockfire Resources reports anomaly on Lighthouse tenement
Gold and base metal-focussed Rockfire Resources announced results from its January rock sampling programme on Tuesday, identifying a gold-copper-nickel-cobalt-platinum-palladium anomaly located two kilometres north of its Plateau Gold Deposit on the Lighthouse tenement in north Queensland, Australia.
Erris Resources shares soar on new results from Loch Tay
Shares in Europe-focussed mineral exploration company Erris Resources were through the roof on Tuesday morning, as it reported new results from recent sampling on the Loch Tay gold project in Scotland.
Phoenix Copper begins second phase of drilling at Red Star
North America-focussed base and precious metals exploration and development company Phoenix Copper has started a second phase of drilling at its Red Star silver and lead deposit, it announced on Tuesday, building on the initial drilling results from December 2018.