Small Caps News
Berenberg boosts target for Ceres, sparks share price gains
Berenberg has upped in price target on Ceres Power on growing investor interest in fuel cell technology.
Karl Keegan appointed new e-therapeutics finance chief
Network biology technology company e-therapeutics announced the appointment of Dr Karl Keegan as its chief financial officer in a non-board capacity with immediate effect on Monday.
Deltic Energy and Shell decide to drill Pensacola Prospect
Deltic Energy said on Monday that itself and its joint venture partner on licence P2252, Shell UK, had made a positive well investment decision to drill the high-impact Pensacola Prospect on the licence in the UK Southern North Sea.
Keras flags delay to new Diamond Creek processing plant
Mineral resource company Keras Resources reported progress at the Diamond Creek high-grade direct shipping ore organic phosphate mine in Utah on Monday, reporting “encouraging results” from the marketing campaign over the winter.
Cora Gold reveals improved results after sample reanalysis
West-Africa focussed Cora Gold announced improved results from the re-analysis of drilling samples carried out in the fourth quarter of 2020 at the Dako II permit on Monday.
Ten Entertainment swings to pre-tax loss on Covid-19 shutdowns
Bowling centre operator Ten Entertainment swung to a pre-tax loss in 2020 but said on Monday that its "robust response" to the Covid-19 pandemic had protected "a strong underlying business" and left it well placed to return to growth.
Revenues slide at Brighton Pier following 'traumatic' start to the year
Brighton Pier Group reported a slump in first-half profits on Monday and warned trading was unlikely to recover fully until the next financial year.
Immunodiagnostic Systems gets emergency FDA approval for Covid-19 test
Clinical laboratory diagnostic technology company Immunodiagnostic Systems (IDS) has reached an agreement with its partner Technogenetics (TGS), it announced on Monday, under which TGS would supply it with a fully-automated SARS-CoV-2 IgG test, to run on its ‘IDS-iSYS’ analyser, for sales in the United States.
Gfinity makes 'significant improvement' in financial performance during H1
Esports firm Gfinity said on Monday that it had seen a "significant improvement" in its financial performance during the first half of its current trading year following a refocussing of its business and a marked cost base reduction.
Digitalbox narrows FY pre-tax losses despite posting flat revenues
Digital media business Digitalbox narrowed pre-tax losses in 2020 despite posting broadly flat revenues and gross profits.
BlueRock sells three diamonds for $214,000
BlueRock Diamonds has sold three recently-recovered diamonds for a total of $214,000.
Botswana Diamonds makes 'significant' operational progress in first half
Botswana Diamonds reported “significant progress” with its projects in both Botswana and South Africa in its first half on Monday, having discovered a new diamond-bearing kimberlite at Thorny River in the period.
Plexus losses narrow as its trades in line with forecasts
Oil and gas engineering services company Plexus reported sales revenue from continuing operations of £0. 42m in its first half on Monday, rising from £0. 05m year-on-year.
Angus Energy reaches funding commitment for Saltfleetby
Angus Energy announced on Monday that its partner Aleph Energy has received additional commitments of £3m on the Saltfleetby finance facility.
European approval for Amryt's Oleogel-S10 moves closer
Commercial-stage biopharmaceutical company Amryt Pharma announced the validation of its marketing authorisation application for ‘Oleogel-S10’ by the European Medicines Agency on Monday, for the potential treatment of cutaneous manifestations of junctional and dystrophic epidermolysis bullosa.
Serabi Gold reports improved reserves at Palito and San Chico
Brazil-focussed gold mining and development company Serabi Gold updated the market on its mineral reserves and resources estimate at Palito and Sao Chico as at 31 December on Monday, with total measured and indicated resources of 262,956 ounces, and inferred resources of 211,821 ounces.
Burford Capital prices its largest-ever capital raising
Financial and asset management firm Burford Capital priced its planned private offering of $400m (£289. 93m) of notes on Monday, which it was planning to use for general purposes, including the potential repayment of debt.
Cerillion scores largest contract win in company history
Software firm Cerillion has secured its largest-ever contract win, with a ten-year agreement worth a total of $18. 4m being signed with an unnamed full-service network operator in Latin America.
React adds Fidelis Contract Services to group in maiden acquisition
Cleaning and decontamination company React Group said on Monday that it had agreed to acquire Birmingham-based hygiene services outfit Fidelis Contract Services.
Zephyr Energy looks to raise £10.0m from placing and subscription
Oil and gas company Zephyr Energy launched a placing and subscription of 500. 0m new ordinary shares on Monday as part of an effort to fund an appraisal well and production wells in the Bakken Formation in North Dakota, US.