Aim Bulletin
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Reabold to invest another £1m in Corallian Energy
Upstream oil and gas project investor Reabold Resources has entered into a conditional convertible loan instrument with Corallian Energy, under which it would advance £1m to Corallian.
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CentralNic to acquire Wando for EUR 5.4m
Domain name and web services provider CentralNic Group has entered into a binding agreement to acquire Wando Internet Solutions for initial consideration of €5. 4m (£4. 67m), it announced on Monday.
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Phoenix Copper draws down £2m facility for Empire Mine development
North America-focussed base and precious metals producer Phoenix Copper has drawn down on a £2m debt facility, it announced on Monday, to accelerate development of the Empire Mine open pit copper project in Idaho.
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Chariot signs collaboration deal with Schlumberger alliance
Africa-focussed energy company Chariot Oil & Gas has signed a collaboration agreement with Subsea Integration Alliance, it announced on Monday, to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois Gas Development project in Morocco.
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Litigation Capital secures new $50m credit facility
Alternate asset manager and dispute financier Litigation Capital Management announced on Monday that it has secured a $50m credit facility with Northleaf Capital Partners, to provide it with additional investment capital.
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Condor Gold begins drill programme at Cacao prospect
Condor Gold has started a 5,000 metre diamond drill programme at the Cacao prospect of La India Project in Nicaragua, it announced on Monday.
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Tertiary begins drilling at Lucky Copper Project
Tertiary Minerals announced that drilling was scheduled to start on Monday on its Lucky Copper Project in Nevada.
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Clear Leisure raises £1m for cryptocurrency development plans
Clear Leisure has raised £1m before expenses, it announced on Monday, to accelerate the development of its cryptocurrency plans.
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Solid State trading remains 'robust', FY profits expected to beat forecasts
Computing and power products manufacturer Solid State said on Monday that trading since the half-year had continued to be "robust", with revenues expected to be broadly in line with forecasts and profits anticipated to be ahead of consensus estimates.
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President Energy sees FY turnover fall amid oil price slump
South America-focussed energy company President Energy said on Monday that full-year turnover had slumped 32% year-on-year.
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OnTheMarket turns a profit amid pandemic
Online property portal operator OnTheMarket said on Monday that revenues and adjusted operating profits for the year ended 31 January were expected to be no less than £22. 5m and £1. 5m, respectively.
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Resilient salmon market underpins Benchmark's first quarter
Aquaculture company Benchmark reported an 18% rise in first quarter revenue from continuing operations on Monday, to £29m, which it put down to a 32% uptick in advanced nutrition revenue.
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Image Scan continues to be adversely impacted by Covid-19
X-ray imaging specialists Image Scan warned on Monday that the Covid-19 pandemic had continued to have an adverse impact on the overall level of orders, particularly in security.
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Randall & Quilter makes solid progress with programme management
Speciality insurance company Randall & Quilter updated the market on its programme management business for 2020 on Monday, reporting a 46% increase in gross written premiums to $538. 9m (£385. 04m).
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Avacta clarifies reports on potential use of its Covid-19 test
Avacta Group responded to some press speculation on take-up of its lateral flow SARS-CoV-2 rapid antigen test for Covid-19 by the UK government on Monday.