Small Caps News
IOG signs collaboration deal with Heriot-Watt University centre
UK gas company IOG has signed a collaboration agreement with Heriot-Watt University's Centre for Doctoral Training, ‘GeoNetZero CDT’ to support research into carbon capture and storage and other renewable opportunities.
Helios Underwriting continues to outperform Lloyd's market
Lloyd’s of London underwriting capacity consolidator Helios updated its current mid-point forecasts for its portfolio of syndicate capacity for account years 2019 and 2020 on Friday, based on first quarter 2021 estimates.
E-therapeutics raises £22.5m to expand capabilities and pipeline
E-therapeutics has completed a placing, subscription and retail offer via PrimaryBid, it announced on Friday, conditionally raising gross proceeds of £22. 5m to help expand its drug discovery and development capabilities and asset pipeline.
Rockhopper upbeat on arbitration progress against Italy
North Falkland Basin-focussed oil and gas company Rockhopper Exploration updated the market on its international arbitration against the Republic of Italy in relation to the Ombrina Mare field on Friday.
Power Metal Resources upbeat on progress at South Ghanzi
Power Metal Resources updated the market on exploration at the South Ghanzi Project on Friday.
Faron Pharmaceuticals signs US sublicence agreement
Clinical-stage biopharmaceuticals company Faron Pharmaceuticals has signed a sublicence agreement for the rights to United States patent US9,376,478, it announced on Friday, which currently extends to 2033.
Horizonte losses widen as it inches Araguaia project forward
Brazil-focussed nickel company Horizonte Minerals reported a loss before tax of £0. 95m in its first quarter on Friday, widening from £0. 04m year-on-year.
Sunrise Resources completes drill programme at Baker's
Sunrise Resources said on Friday that it has completed the scheduled drill programme at the Baker's Gold Project in Western Australia.
Bushveld Minerals confident after difficult first quarter
Vanadium producer Bushveld Minerals reported first quarter group production of 688 metric tonnes on Friday, down from 880 metric tonnes a year earlier, affected by a 35-day planned maintenance shutdown at Vametco, which was completed on time and within budget.
FRP to beat expectations in first full year as listed firm
Professional services provider FRP Advisory Group reported a “strong performance” in its first full financial year as a publicly-listed company on Friday, reporting that it was expecting to top its own guidance for the 12 months just ended.
Velocity Composites signs multi-year extension with Hapshire-based customer
Manufacturer Velocity Composites has inked a new three-year contract with an unnamed "major Tier 1" aerostructures firm based in Hampshire, including both an extension in the term of an existing five-year agreement and the award of new business covering additional programmes in production at the customer's site.
AssetCo acquires Saracen Fund Managers in £2.75m deal
Investment firm AssetCo has reached an agreement to acquire Saracen Fund Managers for £2. 75m, the firm's first 100% acquisition.
Physiomics secures additional contract with Merck
Drug development consultancy Physiomics has been awarded a further contract with a leading science and technology company Merck.