Small Caps News
Metal Tiger's Kalahari holding begins drilling in Botswana
Natural resources investor Metal Tiger updated the market on its Botswana copper-focussed explorer Kalahari Metals on Tuesday, in which it currently holds a 50. 01% interest, with Cobre holding the remainder.
Net losses widen for Lexington Gold
Carolinas-focussed gold exploration and development company Lexington Gold reported a net loss from continuing operations of $0. 7m (£0. 49m) in its final results on Tuesday, against its prior-year loss of $0. 5m.
Kromek reports solid momentum through second half
Medical, security screening and nuclear detection technology company Kromek updated the market on its trading in the year just ended on Tuesday, confirming that after orders and shipments across its segments resumed in the final two months of the first half, it entered the second half with an “extensive” commercial pipeline and increased commercial activity.
Yellow Cake buys another 343,000 pounds of uranium
Specialist uranium investment company Yellow Cake has purchased 343,053 pounds of triuranium octoxide in the market at a price of $29. 15 per pound, it announced on Tuesday, for $10m (£7. 07m).
Lockdown pushes City Pub into the red as revenues slide
The City Pub Group saw revenues slide last year after the pandemic temporarily closed venues, pushing it into the red.
Pressure Technologies taps James Locking for CFO spot
Specialist engineering group Pressure Technologies named James Locking as its permanent chief financial officer on Tuesday, appointing him to the company's board with immediate effect.
Agronomics raising at least £50m to invest further in portfolio
Cultivated meat and alternative proteins company Agronomics announced a conditional subscription and a conditional placing to raise a minimum of £50m before expenses on Tuesday, to finance further investment in its current portfolio.
Shares surge as Revolution predicts stronger-than-expected end to the year
Revolution Bars Group has forecast a stronger-than-expected end to the year, sending the shares higher, after a bumper re-opening month.
STM Group profits slip as it focuses on core services
Financial services provider STM Group reported underlying revenue of £24m in its final results on Tuesday, up from £22. 9m in the prior year.
Conygar positive as Island Quarter development moves forward
Conygar Investment Company reported an interim net asset value of £86. 7m in its half-year results on Tuesday, or 164p per share, as its total cash deposits stood at £23. 9m, or 45. 3p per share.
Vector Capital upbeat on post-float performance
Property development commercial lender Vector Capital updated the market on its trading on Tuesday, reporting that its loan book stood at £38. 6m on 31 March, up from £36. 4m on 31 December and £33. 6m a year earlier.
Advance Energy confirms drilling plans for Buffalo-10
Energy investment company Advance Energy updated the market on drilling plans at Buffalo-10 on Tuesday, confirming that Carnarvon Petroleum was expecting to drill in the fourth quarter.
Serabi Gold pleased with latest drilling at Palito
Brazil-focussed gold mining and development company Serabi Gold updated the market on exploration drilling at the Palito Mine on Tuesday, where the combination of surface and underground drilling had confirmed depth and plunge continuity of the high grades in the Mogno and Ipe lodes.
Physiomics secures contract with Numab Therapeutics
Consultancy firm Physiomics said on Tuesday that it has been awarded a first contract with new client Numab Therapeutics.
Joules upgrades full-year expectations
Retailer Joules upgraded its full-year expectations on Tuesday, citing strong online sales and a positive performance since the reopening of its stores last month.
Invinity subsidiary enters battery development deal with Siemens Gamesa
Infinity Energy announced on Tuesday that its wholly-owned subsidiary Invinity Energy Nexus has entered into a joint development and commercialisation agreement with Gamesa Electric, a subsidiary of Siemens Gamesa Renewable Energy.
InfraStrata wins repair contract with unnamed global ferry company
Strategic infrastructure group InfraStrata has won a contract award from "a globally recognised ferry company" for the repairs of two of its ferries at Harland & Wolff in Belfast.
ULS Technology swing to FY loss despite trading ahead of expectations in H2
IT services group ULS Technology said on Tuesday that it had traded ahead of management expectations in the twelve months ended 31 March.