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Small Caps News
21 Jun
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Helium One finds helium-enriched gas at Rukwa

Helium One announced the presence of helium-enriched gas in drilling mud in the lake bed formation while drilling the Tai-1 well at the wholly-owned Rukwa Project in Tanzania on Monday.

21 Jun
Copper
Kefi remains on track with Tulu Kapi project

Gold and copper exploration and development company Kefi updated the market on its operations on Monday, reporting that the Tulu Kapi gold project in Ethiopia remained on track with previous guidance.

21 Jun
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Chaarat enters new investment deal with Turkish mining contractor

Armenia and Kyrgyz Republic-focussed gold mining company Chaarat has entered into a new investment agreement with Turkish mining construction and contract company Çiftay İnşaat Taahhüt ve Ticaret, it was announced on Monday.

21 Jun
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Alien Metals completes second phase of drilling on Hancock tenement

Minerals exploration and development company Alien Metals announced the completion of its phase 2 drilling programme on the Hancock tenement on Monday, which is part of the Hamersley Iron Ore Project in Western Australia.

21 Jun
oilfield
UK Oil & Gas making rapid progress in Turkey

UK Oil & Gas announced on Monday that, following completion of the Basur-3 appraisal well's drilling pad and finalisation of the rig contract, the Oceanmec Karahan ZJ40DZ rig had now been mobilised to the site from western Turkey.

21 Jun
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Wameja shares rise as settlement deal proceeds

Wameja, a joint venture partner of Mastercard in the ‘HomeSend’ global payments service, said on Monday that the settlement agreement it announced on 18 June had now been executed by all parties.

21 Jun
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Malvern optimistic after pandemic hammers 2020 revenues

Education company Malvern International reported a 60% fall in revenues from continuing operations in its final results on Monday, to £1. 9m.

21 Jun
edgar test 10
Remote Monitored Systems signs hydroponics deal with PIC

Remote Monitored Systems has signed an agreement with PIC Consultants, it announced on Monday, to supply a new range of high-grade retail hydroponic nutrients for distribution into the UK hydroponics market.

21 Jun
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Proactis strikes commercial partnership deal with EPSA

Software firm Proactis has signed a commercial partnership agreement with EPSA, the parent company of Experbuy.

21 Jun
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88 Energy agrees sale of Alaskan tax credits to pay down debt

88 Energy has agreed to the sale of all the Alaskan oil and gas tax credits currently held by its wholly-owned subsidiary Accumulate Energy Alaska, it announced on Monday.

21 Jun
oilfield
Providence losses narrow as it 'takes control' of Barryroe development

Providence Resources reported an operating loss of €2. 44m (£2. 1m) in its annual results on Monday, narrowing from €25. 94m in the prior year.

21 Jun
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Gaming Realms inks licensing agreement with IGT

Mobile-focused gaming content developer Gaming Realms has signed a licensing agreement with gaming and lottery multinational International Game Technology.

21 Jun
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Ilika FY revenues slip, underlying losses widen

Solid-state battery manufacturer Ilika said on Monday that revenues slipped and underlying losses widened in the year ended 30 April.

21 Jun
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Hotel Chocolat buys out Rabot joint venture partners

British chocolatier Hotel Chocolat has agreed to buy out the remaining 53% of its Rabot 1745 joint venture.