Small Caps News
Tricorn approved for second draw of US paycheck protection loan
Tube manipulation specialist Tricorn Group announced on Monday that, according to its lending bank, its application for a second draw of its US Payroll Protection Program (PPP) loan, which it made in March, had been approved.
Independent Oil spuds Elgood development well
UK gas company Independent Oil and Gas announced the spudding of the Elgood development well, 48/22c-H1, on Monday.
Surface Transforms reports 'stable' revenue
Surface Transforms reported “stable” revenue in its preliminary results on Monday, at £1. 95m, compared to £1. 94m in the prior year.
Elixirr acquires Retearn Group in £7m deal
Challenger consultancy firm Elixirr International announced the acquisition of procurement and transformation provider the Retearn Group on Monday, for a maximum total consideration of £7m, plus an additional cash payment based on working capital at completion.
Belvoir revenue, profits grow amid buoyant property market
Property franchise group Belvoir reported a 13% improvement in group revenue in its final results on Monday, to £21. 7m, with 6% of that attributable to the acquisition of Lovelle.
C4X Discovery signs exclusive licensing deal with Sanofi
C4X Discovery has signed an exclusive worldwide licensing agreement with Sanofi worth up to €414m (£357. 84m), it announced on Monday, for its oral preclinical IL-17A inhibitor programme.
AfriTin advances test work programme at Uis Tin Mine
Namibia-focussed tin mining company AfriTin Mining updated the market on its metallurgical test work programme for potential by-products to its current tin concentrate product on its flagship asset, the Uis Tin Mine, on Monday.
Alba begins second phase of surface drilling at Clogau-St David's
Alba Mineral Resources announced on Monday that the second phase of its surface drilling programme at the Clogau-St David's Gold Mine had started.
ADM Energy enters collaboration with Nigeria's Eunisell
Natural resources investment company ADM Energy has entered into a non-binding collaboration agreement with Nigerian-owned oil and gas production solutions company Eunisell, it announced on Monday.
Love Hemp raises extra £2m as investors opt for cannabis
Love Hemp said it would raise £2m from a broker option after investors showed a strong appetite for the company's cannabis products.
Victoria achieves record FY results despite Covid-19 impacts
Flooring manufacturer Victoria said on Monday that it had achieved record results in the trading year ended 3 April despite ongoing Covid-19 related challenges in its markets.
Petro Matad makes progress with Block XX, secures further funding
Mongolia-focussed oil company Petro Matad said on Monday that progress has been made on the two remaining steps of the exploitation licence application for Block XX.
Cake Box expects record full-year revenues
Specialist cake retailer Cake Box said on Monday that it expects to report record full-year revenues as trading recovered after its stores reopened in May last year following the first lockdown.