Small Caps News
DeepVerge to enter joint venture with China Resources
Environmental and life sciences artificial intelligence (AI) company DeepVerge has signed a non-binding memorandum of understanding with China Resources Environmental Protection Development , a wholly-owned subsidiary of China Resources, to enter into a joint venture for the manufacture, assembly and sale of environmental monitoring equipment.
President Energy makes progress at Estancia Vieja
South America-focussed production and exploration company President Energy updated the market on operations at the newly-drilled EV-1001 well on the Estancia Vieja field in Argentina’s Rio Negro province on Wednesday, reporting that it was drilled, logged and cased on time and on budget.
Image Scan still feeling Covid-19 impact
Security and industrial inspection x-ray technology company Image Scan said the impact of the Covid-19 pandemic was still being felt in its first half on Wednesday, but said there was a “sufficiently strong” order book and pipeline of new business for it to anticipate a stronger second half.
AB Dynamics confident in delivering second half expectations
AB Dynamics reported an improved order intake across both of its divisions in its first half on Wednesday, compared to the second half of 2020, with a positive book-to-bill ratio giving it confidence in delivering on second half revenue expectations.
Frontier IP enjoys 'strong first half' of trading year
Intellectual property firm Frontier IP said on Wednesday that it had enjoyed "a strong first half" to the financial year, with the group's portfolio continuing to show "strong commercial and technical progress".
Silence Therapeutics gets $2m milestone payment from Mallinckrodt
Silence Therapeutics has achieved another research milestone as part of its ongoing RNAi collaboration with Mallinckrodt for complement-mediated diseases, it announced on Wednesday, triggering a further $2m payment.
Trakm8 FY revenues 'materially impacted' by Covid-19 lockdowns
Telematics and data insight firm Trakm8 said on Wednesday that revenues for the full year ended 31 March were in line with previous guidance, with Covid-19 "materially impacted" trading throughout the last quarter.
Nichols makes 'solid start' to the year
Soft drinks group Nichols said on Wednesday that "strong growth" achieved by the Vimto brand in the UK and a "solid start to the year" for its international business had largely offset "significant declines" in the UK out-of-home route to market.
Mulberry expects 'small' FY underlying pre-tax profit following 'strong' growth in Asian markets
British luxury brand Mulberry Group said on Wednesday that it now expects to outperform expectations and report a "small underlying profit" before tax for the trading year ended 27 March.