Small Caps News
Power Metal launches 'incubator' to support junior resource ventures
Metals exploration and development company Power Metal Resources has established a new wholly-owned subsidiary 'incubator' business named Power Capital Investments, it announced on Tuesday, which it will initially fund.
Ncondezi completes bridge loan to fund solar-battery project
Ncondezi Energy announced the completion of the $0. 5m bridge loan between its wholly-owned renewables subsidiary Ncondezi Green Power (NGP) and certain company directors on Tuesday, to finance the construction of its commercial and industrial 400kWp solar photovoltaic and 912kWh battery storage project in Mozambique.
Infrastrata tumbles as it announces plans to raise £9m in placing
Infrastrata shares tumbled on Tuesday after the company said it plans to raise a minimum of £9m in a placing, partly to carry out material fabrication works after securing its first major contract.
VR Education platform reaches 100 customer milestone
Virtual reality (VR) technology company VR Education announced on Tuesday that its proprietary software platform ‘Engage’ has reached the milestone of 100 commercial customers.
Pelatro enters framework agreement with existing large telco customer
Telecoms customer engagement software company Pelatro announced on Tuesday that an existing large Asia-based telco customer with around 230 million subscribers, and operating companies across multiple countries, had entered into a framework agreement with it for three years.
Panthera Resources allows term sheet with Galaxy to lapse
West Africa and India-focussed gold exploration and development company Panthera Resources announced on Tuesday that the term sheet with Galaxy Gold Mines had lapsed, effective 30 April.
One Media iP acquires writer's share of Kid Creole royalties
Digital music rights company One Media iP Group has acquired the writer’s share to the royalties of more than 250 tracks of Kid Creole and the Coconuts, an American band created by August Darnell.
Supreme FY underlying earnings beat expectations
Consumer products manufacturer Supreme said on Tuesday that full-year adjusted underlying earnings had come in ahead of expectations, driven by a strong performance across several key growth categories.
Victoria acquires Dutch artificial grass and carpets distributor
Flooring business Victoria said on Tuesday that it acquired Netherlands-based artificial grass and carpets distributor Edel Group for a total cash consideration of €49. 4m.
Nightcap agrees acquisition of the Adventure Bar Group
Bar operator Nightcap has agreed to acquire the Adventure Bar Group, it announced on Tuesday, including the entire issued share capital of +Venture Battersea, Adventure Bars Mid and Adventure Bars Luna Digbeth.
Live Company shares slump after agreeing to acquire minority stake in online art sales platform
Media group Live Company said on Tuesday that it has subscribed for a non-controlling stake in online art and digital art sales platform Start Art Global.
ITM Power launches separate, wholly-owned Motive subsidiary
Energy storage and clean fuel company ITM Power announced the establishment of ITM Motive as a separate, wholly-owned subsidiary of ITM Power on Tuesday.
WH Ireland delivers 'strong' H2 performance, FY revenue grow
Investment advisor WH Ireland said on Tuesday that it had delivered a "strong" second-half and full-year performance, with revenues up year-on-year.