Small Caps News
Young & Co says dividend payment for next year cannot exceed £5m
Pub group Young & Co set out its reopening plans on Wednesday and said it has agreed with lenders that its dividend payments for the next year cannot exceed £5m.
Empire Metals to kick off next phase of work at Eclipse
Exploration and development company Empire Metals confirmed on Wednesday that the next phase of works at its Eclipse gold project, 55 kilometres north-east of Kalgoorlie, Western Australia was now fully funded, and would begin “very soon”.
Altus completes strategic review on Bikoula iron project
Altus Strategies announced the completion of a strategic review on its 97%-owned high-grade Bikoula iron project in southern Cameroon on Wednesday.
Intuitive Investments puts £0.25m into Polarean Imaging
Life science-focussed closed-end investment company Intuitive Investments said on Wednesday that it was acquiring 416,666 shares of Polarean Imaging at a price of 60p each, for a total of £0. 25m.
Journeo receives information system orders worth £1.1m
Information systems and transport technical services company Journeo has received new purchase orders for the supply of its advanced public transport information systems, it announced on Wednesday.
DeepVerge upbeat on initial data from phase 3 Covid-19 test studies
Environmental and life science artificial intelligence company DeepVerge announced initial data for its ongoing phase 3 clinical studies on the detection of SARS-CoV-2 on breath samples, and the identification of confirmed COVID19 positive patients, on Wednesday.
Supply@Me Capital signs heads of terms for Singaporean acquisition
Fintech firm Supply@Me Capital said on Wednesday that it had signed heads of terms for the acquisition of an unnamed commodities trade enabler based in Singapore.
Novacyt launches mobile Covid-19 testing labs
Clinical diagnostics specialist Novacyt announced the expansion of its ‘VersaLab’ service on Wednesday, with the launch of mobile processing laboratories to provide rapid turnaround polymerase chain reaction (PCR) testing on-site.
Jadestone makes progress with reorganisation, updates reserves
Asia-Pacific oil and gas producer Jadestone Energy updated the market on its structural reorganisation on Wednesday, saying it was expecting to result in annual cost savings of between $0. 5m (£0. 36m).
LPA Group warns near-term prospects hurt by rescheduled work
Electronic connector manufacturing firm LPA Group said on Wednesday that its medium and longer-term prospects had been enhanced, but stated it had come at the expense of the near-term.
Kape Technologies beats earnings expectations in 2020
Security and privacy software company Kape Technologies ended the year ahead of expectations, it said on Wednesday, as revenues increased 85% to $122. 2m (£87. 88m).
Iomart pours £2.0m into next-gen routing technology
Cloud computing company Iomart said on Wednesday that it had made plans to majorly expand its network capacity in order to see future demand.
Advanced Medical Solutions ends tough year in line with forecasts
Surgical and advanced wound care specialist Advanced Medical Solutions reported a 50% fall in adjusted profit before tax in its preliminary results on Wednesday, to £13. 4m.
Alpha FX posts solid revenue, earnings growth
Currency risk management and alternative banking provider Alpha FX reported a 31% rise in group revenue in its full-year results on Wednesday, to £46. 2m.
BlueRock Diamonds recovers three gem quality diamonds
AIM-listed BlueRock Diamonds said on Wednesday that it has recovered three gem quality stones of 10. 6, 9. 8 and 8. 4 carats from its Kareevlei diamond mine in the Kimberley region of South Africa.