Small Caps News

Metals One reports progress on projects in Finland, Norway
Metals One updated the market on its strategy to advance a portfolio of critical minerals projects across northern Europe on Thursday, with a near-term focus on copper and nickel exploration in Finland and Norway.

Griffin Mining confident despite Q1 dip in production
Griffin Mining reported a sharp year-on-year decline in production at its Caijiaying Zinc-Gold Mine in the first quarter of 2025 on Thursday, as the lingering impact of a fatal accident and seasonal disruptions weighed on output.

Camellia subsidiary signs deal for potential sale of tea estate
Camellia confirmed on Thursday that its 74%-owned Indian subsidiary, Goodricke Group, has signed a non-binding memorandum of understanding for the proposed sale of the Leesh River Tea Estate.

Revolution Beauty CEO announces departure
Mass beauty brand Revolution Beauty said on Thursday that Lauren Brindley will stand down as chief executive officer on 31 May.

Lunglife strikes strategic partnership with Circulogene Theranostics
Clinical diagnostics firm Lunglife said on Thursday that it has entered into a conditional exclusive license agreement for the commercial distribution of its LungLB test in the US.

Deliveroo reiterates FY guidance after 'strong start'
Food delivery giant Deliveroo maintained its FY guidance on Thursday as it revealed it had delivered a "strong Q1 performance", with order growth accelerating during the period.

Science in Sport jumps on takeover offer
Science in Sport surged on Wednesday as it confirmed it has received a takeover proposal from investment firm db-capital at 34p a share.

Belluscura US imports to be subject to 20pc tariff
Medical device company Belluscura warned on Wednesday that it expects products sold in the US to be subject to a tariff production cost impact of as much as 20%.

Gear4Music acquires stock from GAK's administrators
Musical instruments retailer Gear4music said on Wednesday that it had purchased stock and certain intangible assets with a cost value of £1. 8m from rival GAK's administrators for just £600,000.

Mercia flags forecast-busting full-year earnings
Mercia Asset Management said in an update on Wednesday that it expects EBITDA for the year ended 31 March to be materially ahead of market expectations, driven by increased scale, improved operating efficiency and strong fund-raising activity.

Cirata posts strongest Q1 bookings since 2019
Cirata posted its strongest first-quarter bookings since 2019 on Wednesday, with total bookings rising to $3m for the three months ended 31 March - a 330% increase year-on-year.

Jubilee Metals raises full-year production guidance
Jubilee Metals increased its full-year production guidance for both chrome concentrate and platinum group metals (PGMs) on Wednesday, following a strong operational performance in South Africa during the third quarter ended 31 March.

Sosandar FY profits to miss market expectations, shares slide
Sosandar tumbled on Wednesday as it said that full-year profits and revenue were set to miss market expectations following slower sales in February.

Accesso Technology launches £8m share buyback
Accesso Technology Group announced the launch of a share repurchase programme of up to £8m on Tuesday, aimed at reducing its share capital.

Griffin Mining reports 'exciting' gold intercepts from Caijiaying
Griffin Mining reported a series of high-grade gold intercepts from its ongoing drilling campaign at the Caijiaying Mine on Tuesday, with recent results confirming the down-plunge continuity of the Yuan Long gold domain and underscoring the potential for significant gold resources distinct from the mine's primary zinc-lead-silver-gold mineralisation.

Kooth revenue doubles, adjusted EBITDA rises sevenfold
Kooth shares were surging on Tuesday morning, after it reported a doubling of annual revenue to £66. 7m for 2024, driven by rapid growth in its US operations, particularly the rollout of its Soluna digital mental health platform across California.

Distil strikes new US partnership AIKO Importers
Drinks company Distil announced on Monday that it had struck a new partnership with a US distributor to bring Blavod Black Vodka back into the market.

Directa Plus subsidiary secures contract extension with OMV Petrom
Graphene-based products business Directa Plus revealed on Monday that its environmental subsidiary had inked a €1. 59m contract extension with OMV Petrom.

Block Energy reports progress at Georgia carbon capture project
Block Energy reported progress on phase two of its carbon capture and storage (CCS) project in Georgia on Monday, with key subsurface uncertainties now resolved ahead of a planned pilot carbon dioxide injection into the Patardzueli Middle Eocene reservoir.

Anglo Asian Mining reports markedly improved Q1 performance
Anglo Asian Mining delivered a marked improvement in performance during the first quarter of 2025, it said in an update on Monday, producing 8,085 gold equivalent ounces, up from 2,548 ounces in the same period last year when operations were partially suspended following an environmental shutdown.