Company News
Director dealings: Landore Resources finance director raises stake
Landore Resources revealed on Monday that finance director Glenn Featherby had acquired 500,000 ordinary shares in the AIM-listed exploration and development company.
Cornish Metals makes progress at South Crofty Tin Project
Mineral explorer and developer Cornish Metals reported progress in its ongoing feasibility study at the South Crofty Tin Project on Monday, executing substantial portions with positive advancements in metallurgical test-work and other essential study components.
Agronomics investee BlueNalu raises $33.5m in series B round
Agronomics announced on Monday that its sustainable seafood investee, BlueNalu, has raised $33. 5m in a series B financing round from a consortium of new and existing investors.
Hercules Site Services wins major contract with Balfour Beatty Rail
Hercules Site Services announced the procurement of a five-year contract with Balfour Beatty Rail on Monday - a firm entrusted with significant contracts for the upcoming Network Rail control period 7 (CP7).
Sirius Real Estate sees rent roll grow YOY
Property company Sirius Real Estate said on Monday that it had delivered a year-on-year increase in like-for-like rent roll and that it was now trading in line with expectations.
Panthera upbeat on assay results from Kalaka drilling
Gold explorer and developer Panthera Resources announced assay results from its recent drilling programme at the Kalaka Project in Mali on Monday.
Sareum losses widen as clinical trials continue
Biotechnology company Sareum Holdings reported a loss of £3. 2m after tax in its final results on Monday, widening from last year’s £2. 2m due to heightened expenses from initiating clinical studies with SDC-1801, despite aligning with market anticipations.
Ilika enters 16-month, £2.7m battery production scaling collaboration
Solid-state battery technology developer Ilika announced a 16-month, £2. 7m collaborative programme named Project SiSTEM on Monday, aimed at scaling its ‘Goliath’ solid-state battery (SSB) pilot production capacity, with a significant support of £0. 4m from the Automotive Transformation Fund (ATF).
GreenRoc secures grant of £0.25m from Automotive Transformation Fund
Greenland-focussed mineral developer GreenRoc Mining has secured a grant of £0. 25m from the Automotive Transformation Fund (ATF) in the UK, it announced on Monday.
DX Group extends deadline for possible acquisition by HIG
DX Group updated the market on its discussions over a potential all-cash acquisition offer from HIG European Capital Partners on Monday, confirming that the deadline for an offer had been extended.
Impax assets under management narrow in fourth quarter
Investment firm Impax Asset Management reported a decrease in its assets under discretionary and advisory management (AUM) for the fourth quarter ended 30 September on Monday, while marking an annual increase.
Mind Gym FY profits seen 'significantly lower' than market expectations
Staff training firm Mind Gym warned that both full-year profits and revenue would be "significantly lower" than current market expectations.
Eurozone investor sentiment falls less than expected
Eurozone investor sentiment deteriorated less than expected in October, according to data released on Monday.
Chaarat Gold CEO steps down
Exploration and development company Chaarat Gold revealed on Monday that chief executive Mike Fraser would be stepping down as a director of the company.
Volex hit by cyber attack, no material financial impact expected
Volex said on Monday that it had been hit by a cyber attack but insisted there would be no material financial impact.
Assura delivers strong H1 performance, ups RCF
Primary care property business Assura said on Monday that it had delivered a strong interim performance.
Croda cuts full-year profit outlook
Specialty chemicals company Croda cut its full-year profit outlook on Monday following a weaker-than-expected third-quarter performance.
Metro Bank announces £925m capital package, looking at mortgage sale
Metro Bank announced a robust capital and debt restructuring package totalling £925m on Monday, after a week of market chatter and reports around its capital position, although some current stakeholders will be taking a 40% haircut.
Chill Brands surges on WHSmith vape deal
Chill Brands surged on Monday as it announced the sale of its Chill ZERO nicotine-free vapour products into WHSmith stores.
LXI Reit sees valuations fall, but 'green shots' emerging
UK real estate investment trust LXI Reit has said it is seeing "green shoots emerging" after a tough macro environment led to another drop in valuations across its portfolio.