Aim Bulletin
Inspiration Healthcare awarded grant towards cost of trials
Medical technology company Inspiration Healthcare Group announced on Thursday that ‘Project Wave’, which is developing a novel technology for a respiratory device designed to be used in neonatal intensive care, has been awarded a grant towards the cost of trials.
Cohort subsidiary wins air base protection contract
Independent technology group Cohort said on Thursday that its wholly-owned subsidiary Chess Dynamics has been awarded a €7. 5m (£6. 72m) contract for its ‘Air Guard Counter-Unmanned Aerial Systems’ (C-UAS).
O'Mahony to retire as CEO of Origin Enterprises
Agricultural services provider Origin Enterprises said on Thursday that group chief executive officer Tom O'Mahony had told the board that after 13 years as group CEO, he would retire from his role and from the board by the end of the 2020 financial year.
Faron receives EIC grant for 'MATINS' study
Clinical-stage biopharmaceuticals company Faron Pharmaceuticals has been selected to receive a €2. 5m (£2. 24m) grant from the European Innovation Council’s ‘Accelerator’ pilot scheme, it announced on Thursday, to progress the ‘MATINS’ study, and related business activities.
Agronomics co-leads second seed round for lab-grown meat firm Meatable
Agronomics has co-led lab-grown meat developer Meatable’s seed 2 financing round of around €6m (£5. 38m), it announced on Thursday.
Ironveld and IIG apply for project funding in South Africa
Ironveld and its prospective strategic partner Inclusive Investment Group (IIG) announced on Thursday that they have made an application to an unnamed “major South African funding institution” for project development funding which, if successful, would provide it with sufficient funds to start mining and production at its magnetite project in South Africa.
Churchill China reports serious slowdown, flags redundancies
Churchill China updated the market on its operations amid the Covid-19 crisis on Thursday, reporting that the impact of lockdowns on its sales to hospitality markets had been “significant”.
Europa acquiring offshore Ireland gas prospect for 'nominal fee'
UK, Ireland and Morocco-focussed exploration, development and production company Europa Oil & Gas announced the conditional acquisition of a 100% interest in Frontier Exploration Licence (FEL) 3/19, offshore Ireland, from DNO on Thursday.
Greatland Gold upbeat on latest drilling at Havieron
Precious and base metals exploration and development company Greatland Gold updated the market on Newcrest's drilling campaign at its Havieron deposit, in the Paterson region of Western Australia, on Thursday, reporting “exceptional” drill results.
Diaceutics raising £20.5m ahead of launch of new platform
Diagnostics commercialisation company Diaceutics has conditionally raised £20. 5m before expenses, through a placing of 14,137,931 new shares at 145p each to existing and new investors in two tranches, it announced on Thursday.
Woodbois to recommence production at Moila sawmill
Africa-focussed timber group Woodbois said on Thursday that it would recommence limited production at its Moila sawmill and veneer factory on 15 June.
Angling Direct to raise £5.5m in placing ahead of store reopenings
Fishing tackle retailer Angling Direct said on Thursday that it plans to raise around £5. 5m in a placing to strengthen its balance sheet and ensure it can pay suppliers promptly ahead of an expected increase in demand over the next few weeks.
Open Orphan secures major contract with mystery vaccine developer
Pharmaceutical services company Open Orphan has signed a major contract with an unnamed vaccine developer.
OnTheMarket losses narrow; new instructions back to early March levels
Property portal operator OnTheMarket said on Thursday that full-year losses narrowed, with new instructions now back to early March levels.