Company News
African Battery Metals restarts exploration at Kisinka
Battery metal exploration and development company African Battery Metals announced the recommencement of exploration activities at its Kisinka Copper-Cobalt project in the Democratic Republic of Congo on Friday.
Angle's Parsortix to be used in new Greece study
Liquid biopsy company Angle announced on Friday that a leading customer has established a multi-centre study to investigate biomarkers on circulating tumor cells (CTCs), using its ‘Parsortix’ system, which could give advance warning of relapse in non small cell lung cancer (NSCLC).
Tasty raising £3.25m to pay down debt
Casual dining restaurant operator Tasty announced a conditional firm placing and open offer to raise up to £3. 25m before expenses on Friday.
Anglo American SA chairman steps down after 18 years
Anglo American on Friday announced that management committee member Norman Mbazima, also the deputy chairman of its South Africa subsidiary, will step down after 18 years with the company.
Nu-Oil to raise £0.25m via open offer
Nu-Oil and Gas announced an open offer to raise up to approximately £0. 25m before expenses on Friday, through the issue of up to 83,333,333 new ordinary shares at an issue price of 0. 3p each.
Yellow Cake raises £26m to invest in uranium
Specialist uranium sector company Yellow Cake announced on Friday that 12 million new ordinary shares had been placed with existing and new institutional investors at a price of £2. 15 each, via an accelerated bookbuild.
Europa sees improved revenues during 'very active' first half
UK and Ireland-focussed oil and gas exploration, development and production company Europa Oil & Gas Holdings reported a slight improvement in revenue in its interim results on Friday, to £0. 9m from £0. 8m a year earlier.
Chevron to buy Anadarko Petroleum in $33bn deal
Chevron has agreed to buy Anadarko Petroleum in a $33bn cash and stock deal.
Entertainment One raises £130m to help fund Audio Network acquisition
Entertainment One said on Friday that it has successfully placed 28. 9m shares at 450p, raising £130m to help fund the acquisition of UK score producer Audio Network.
High Growth Capital splashes out on IP rights
High Growth Capital on Friday acquired all existing and in-development intellectual property rights from BDD for £4m in a shares-only deal.
DeepMatter Group climbs after 'key' InfoChem acquisition
DeepMatter Group on Friday reported a wider annual loss on the back of higher costs, although the company's shares rose on the news of a new acquisition.
Highland Gold Mining profits climb despite dip in production
Highland Gold Mining on Friday reported a rise in profit before tax as a reduction in costs offset lower revenues following a slight drop in production.
Integumen acquires data management service RinoCloud
Life sciences outfit Integumen agreed to acquire data management firm RinoCloud for a total of £3m on Friday as part of its efforts to build out its Labskin AI platform.
Vast Resources raises cash for Romania and Zimbabwe projects
Mining company Vast Resources has raised a total of £600,000 before costs via a placing and subscription to help fund its Baita Plai metal mine in Romania and its Heritage diamond mine in Zimbabwe.
Alien Metals beams up new chairman
Alien Metals chairman Dennis Edmonds stepped down from the exploration and development firm with immediate effect.
Cluff founder Algy passes torch
Natural resources investment outfit Cluff Natural Resources revealed on Friday that long-time chairman Algy Cluff intends to retire from the role following the company's next annual general meeting.
Large Indian airline Jet Airways on brink of collapse
Major international airline Jet Airways was looking to be on the brink of collapse on Friday, with almost all flights at its primary base in Mumbai being listed as cancelled, or non-operational.
Mobile Streams boss halves pay as part of cost-cutting exercise
Mobile content delivery outfit Mobile Streams has undertaken a "comprehensive cost-cutting exercise" and is looking at all options as its cash pile dwindles.
Arc Minerals upbeat on 'game changing' anomalies at Zamsort
Arc Minerals announced the start of its exploration programme following the completion of its airborne geophysical programme and follow up analysis at the Zamsort Project in north western Zambia on Friday.
AFC Energy narrows loss as it progresses towards revenue generation
Pre-revenue alkaline fuel cell power company AFC Energy announced its unaudited preliminary results for the year ended 31 October on Friday, confirming the development of new high-power density alkaline fuel cell technology with potential use in applications where space and weight were “key” considerations.