Small Caps News
Universe Group wins contract extension, hikes profit expectations
Retail management and payment systems provider Universe Group announced a five-year extension of an existing contract with a major, unnamed international oil and gas group for the provision of loyalty services across Europe on Wednesday.
PetroTal makes solid development progress in first quarter
PetroTal updated the market on its operations in its first quarter on Wednesday, reporting that it had started its 2021 drilling program by spudding the first well, 7D, on 29 March, with completion expected in the first week of May.
UK Oil & Gas gets drilling permission for Turkey's Basur-3
UK Oil & Gas announced on Wednesday that the Turkish Ministry of Energy and Natural Resources has granted UKOG Turkey and Aladdin Middle East formal consent to drill the Basur-3 appraisal well on the Resan licence.
Wynnstay Properties portfolio valuation grows year-on-year
Property investment group Wynnstay Properties said on Wednesday that a recent valuation undertaken on its properties had revealed an increase of 5. 8% year-on-year.
Intercede ends year in line with expectations
Digital identity and mobile security company Intercede is expecting revenues for the year ended 31 March to be around £11m, it said on Wednesday, in line with market expectations and about 6% higher than the previous financial year.
Phoenix Copper lays out plans, contracts for 2021 drilling
North America-focussed base and precious metals explorer and producer Phoenix Copper announced on Wednesday that Alford Drilling, formerly AK Drilling, of Elko, Nevada has been awarded the contracts for the 2021 Navarre Creek reverse circulation and the Red Star and Horseshoe diamond core drilling programmes.
IronRidge begins drilling on Kineta North gold licence
Africa-focussed minerals exploration company IronRidge Resources has started drilling at the Kineta North gold licence in north-eastern Côte d'Ivoire, West Africa, it announced on Wednesday.
Woodbois Q1 revenues surge
Forestry and timber trading firm Woodbois said on Wednesday that revenues had shot up in the first quarter of the current trading year despite trading in a "challenging global economic environment" as a result of the Covid-19 pandemic.
Argos Resources raises $0.55m in bid to extend Falklands licence
Argos Resources has conditionally raised $0. 55m (£0. 4m), it announced on Wednesday, as part of its bid to extend licence PL001 in the Falkland Islands.
AdEPT reports 'resilient performance' in final quarter
Managed IT services provider AdEPT reported a “resilient performance” in its fourth quarter on Wednesday, despite the ongoing challenges of the pandemic.
VR Education reports solid progress with proprietary platform
Virtual reality (VR) technology company VR Education updated the market on its proprietary software platform ‘ENGAGE’ on Wednesday, reporting that it had gained “strong traction” with customers and partners in the first quarter of 2021.
Tasty swings to a FY loss amid Covid-19 lockdowns
Casual dining restaurant group Tasty said on Wednesday that it was looking forward to a "promising period" following the Covid-19 lockdowns that swung the group into the red in 2020.
Synectics wins multi-million pound contract with City of London
Security and surveillance technology company Synectics has been awarded a multi-million-pound project by the City of London Corporation and the City of London Police as part of their ‘Secure City Programme’, it announced on Wednesday.
SigmaRoc to expand in Belgium with new acquisitions
Construction materials company SigmaRoc announced the acquisitions of B-Mix Beton and Casters Beton in Belgium for €13m (£11. 18m) on Wednesday.
Iomart FY results seen at lower end of expectations
Cloud computing company Iomart expects to deliver a "continued stable financial performance" in the second half of the year ended 31 March despite the UK's third Covid-19 lockdown weighing on its full-year performance.
Cyanconnode FY revenues more than double
Radiofrequency networks developer Cyanconnode said on Wednesday that revenues for the year ended 31 March were more than double the £2. 5m seen in the 15-months ended March 2020.
Urban Logistics REIT acquires warehouses in Warrington and Edinburgh
Property investment company Urban Logistics REIT has acquired two assets for a total consideration of £21. 7m and a 6. 14% net initial yield.
Joules names Caroline York as next CFO
British clothing company Joules named Caroline York as its new chief financial officer on Wednesday.