Small Caps News
Midatech raises £10m to continue formulation development
Drug delivery technology company Midatech Pharma has raised £10m before expenses, it announced on Tuesday, to continue its formulation development work.
Proactis expecting no financial impact from May cyberattack
Business spend management company Proactis said on Tuesday that forensic investigations into the cybersecurity incident it first detected on 16 May had now been completed.
Infrastructure India investment agrees loan restructure
India-focussed infrastructure investor Infrastructure India announced on Tuesday that Distribution Logistics Infrastructure (DLI) has entered into agreements for revised terms with the lending banks which make up its two lending consortia.
Revolution Beauty to debut on AIM
Revolution Beauty is to debut on AIM, the London Stock Exchange’s junior market, it was confirmed on Tuesday.
TP ICAP to launch wholesale trading platform for cryptoassets
Interdealer broker TP ICAP will launch a wholesale trading platform for cryptoassets, working in collaboration with Fidelity Digital AssetsSM, Zodia Custody and Flow Traders.
SDX Energy begins South Disouq drilling campaign
Middle East and North Africa-focussed SDX Energy announced the start of the South Disouq drilling campaign on Tuesday, to comprise two wells in the coming months.
D4T4 Solutions FY pre-tax profits contract despite improved revenues
Data solutions provider D4T4 Solutions said on Tuesday that full-year pre-tax profits had contracted in the twelve months ended 31 March despite the firm posting improved annual revenues and gross profit margins.
XLMedia appoints Nigel Leigh as new information chief
Digital publishing group XLMedia announced the appointment of Nigel Leigh as its chief information officer, a non-board role, with immediate effect on Tuesday.
Gaming Realms launches in Michigan with BetMGM
Mobile gambling content developer Gaming Realms announced on Tuesday that, having received its provisional supplier licence earlier in the year, it has now launched its ‘Slingo Originals’ content in the US state of Michigan with BetMGM.
Great Western Mining completes first drilling phase at Rock House
Nevada-focussed gold, silver and copper developer Great Western Mining has now completed its first-phase drilling programme for gold and silver at the Rock House Group, it said on Tuesday, with six holes drilled at the Southern Alteration Zone (SAZ) totalling 1,685 feet using a reverse circulation (RC) rig.
Gresham House acquires Ireland's Appian Asset Management
Specialist alternative asset manager Gresham House announced completion of the acquisition of Appian Asset Management, following regulatory approval from the Central Bank of Ireland, on Tuesday.
Challenger Energy delays FY results due to extended lockdown in Trinidad and Tobago
Oil and gas company Challenger Energy warned that it was unable to publish its audited accounts for the year ended 31 December 2020 by the 30 June deadline due to extended Covid-19 lockdowns in Trinidad and Tobago.
First stage of validation for Powerhouse hydrogen tech completed
Waste-to-hydrogen technology company Powerhouse Energy announced on Tuesday that gas process design and certification consultancy DNV has completed the first stage of validation for its enhanced design, to produce two tonnes of hydrogen per day.
NAHL Group continues to make 'good progress' on strategy
Consumer marketing business NAHL Group said on Tuesday that it has continued to make "good progress" on its strategy since the publication of its 2020 full-year results on 25 May.
Tasty H1 delivery sales perform well amid most recent UK lockdown
Casual dining restaurant operator Tasty said on Tuesday that takeaway and delivery sales had "performed well" during the most recent UK lockdown and throughout the first half.