Small Caps News
Sareum releases 'encouraging' results from Covid-19 research
Specialist drug development company Sareum announced “encouraging” top-line results from its UKRI grant-funded Covid-19 research project on Thursday.
Scirocco Energy upbeat on progress on Ruvuma
Europe-focussed energy investment company Scirocco updated the market on operational activities in the Ruvuma PSA on Thursday, reporting that the operator, ARA Petroleum Tanzania (APT), had now completed the tendering work for the acquisition of 454 square kilometres of 3D seismic.
Phoenix Copper subsidiary files Idaho plan of operations
North America-focussed base and precious metals explorer and producer Phoenix Copper announced on Thursday that its Idaho-registered operating subsidiary Konnex Resources has filed a plan of operations with the Bureau of Land Management.
Springfield Properties expects record annual turnover as FY revenues surge
Scottish housebuilder Springfield Properties said on Thursday that full-year revenues were expected to be approximately £215. 0m, representing year-on-year growth of 49% and its highest-ever annual turnover.
Biome warns on revenues after US delays
Bioplastics and radiofrequency technology group Biome warned on Thursday that full-year revenues would be significantly lower than exceptions in both 2021 and 2022.
Genedrive makes progress with Covid-19 test development
Molecular diagnostics company Genedrive updated the market on the development of its ‘COV19-ID Kit’, a rapid point-of-care molecular test for SARS-CoV-2 detection designed for its ‘Genedrive instrument’, on Thursday.
AEX Gold applies for new licence in Greenland's south
Greenland-focussed AEX Gold has applied for a new exploration licence in the Kobberminebugt region of south Greenland, it announced on Thursday, covering an area of about 266 square kilometres.
Panoply acquires Brisol-based Nudge Digital
Technology-enabled services group Panoply has acquired Nudge Digital, a digital services agency that delivers strategy-led services to the pharmaceutical industry, health sector, and local authorities.
Safestay accepts £16m offer for Edinburgh hostel
Hostel operator Safestay has completed the sale of its Edinburgh hostel to a&o Hotels and Hostels, it announced on Thursday, for a cash consideration of £16m.
Salt Lake Potash reaches practical completion at Lake Way
Salt Lake Potash announced on Thursday that process plant practical completion from GR Engineering Services had been achieved at its Lake Way asset in Wiluna, Western Australia.
IronRidge inks deal to bring Ewoyaa to production
IronRidge Resources has entered into a conditional binding agreement with Piedmont Lithium, a Nasdaq listed lithium exploration and development company, to fully fund and fast track the Ewoyaa Lithium Project in its Ghanaian Cape Coast Lithium Portfolio to production, it announced on Thursday.
Polar Capital posts strong growth as it expands
Polar Capital reported “strong growth” in an “extraordinary year in its audited results on Thursday, with assets under management up 71% year-on-year to £20. 9bn.
Revolution Bars trades 'extremely well', FY revenues seen ahead of expectations
Bar operator Revolution Bars Group said on Thursday that its locations had traded "extremely well" within the restrictions in place from 12 April, when trading outdoors was permitted.