Aim Bulletin
Alien Metals secures AUD 2m short-term funding
Alien Metals announced a short-term funding facility worth up to AUD 2m (£1. 03m) via a convertible loan note on Friday.
Wishbone Gold reports positive results from Cottesloe drilling
Wishbone Gold unveiled encouraging results from its ongoing diamond drilling at the Cottesloe Project on Friday, a venture it wholly owns.
Genedrive receives R&D tax credit, plans fundraise
Point-of-care pharmacogenetic testing company Genedrive announced the receipt of a research and development tax credit totalling £0. 8m on Friday, taking its unaudited cash balances to £1. 2m.
Sheffield Resources takes 10pc stake in Capital Metals
Capital Metals, a mineral sands company advancing towards mine development at the high-grade Eastern Minerals Project in Sri Lanka, announced on Friday that the ASX-listed Sheffield Resources had acquired 10% of the firm.
Sareum allowed European patent for primary kinase inhibitor asset
Biotechnology company Sareum announced on Friday that the European Patent Office had issued a notice of allowance for a patent concerning SDC‐1801, its primary TYK2/JAK1 kinase inhibitor currently undergoing clinical trials in Australia.
Zephyr Energy signs rig contract for Paradox Basin redrilling
Zephyr Energy announced on Friday that it had finalised a rig contract with Helmerich & Payne (H&P) for Rig 257, for the redrilling of the State 36-2R well in Utah’s Paradox Basin.
Trident Royalties upbeat on latest Thacker Pass progress
Mining royalty company Trident Royalties announced significant progress in the development of the Thacker Pass Lithium Project by Lithium Americas Corporation (LAC) on Friday.
Beowulf announces two-week delay to Vardar ownership process
Beowulf Mining announced a delay in its planned consolidation of 100% ownership of Vardar Minerals on Friday.
MC Mining hit by soaring costs in first half
Shares in South Africa-focused coal miner MC Mining slipped on Friday after the company reported that half-year losses surged on the back of soaring costs and lower prices.
Biome Technologies division wins £0.54m contract
Bioplastics and radiofrequency technology specialist Biome Technologies announced a new contract for its RF technologies division Stanelco on Friday.