Small Caps News
Revenue falls, losses widen for Versarien
Advanced engineering materials company Versarien reported group revenues of £6. 6m in its preliminary results on Thursday, down from £8. 3m year-on-year.
Power Metal makes solid drilling progress at Silver Peak
Exploration company Power Metal Resources updated the market on the ongoing 2021 first phase diamond drilling exploration programme on the Silver Peak Project in the Canadian province of British Columbia on Thursday.
Camellia exits aerospace, sells Abbey Metal and Atfin
Camellia announced on Thursday that, in line with its previously-stated strategy involving a review of its non-core investments, it was selling its interests in Abbey Metal Finishing Company and its subsidiary Atfin in Germany to a newly-incorporated company, and Aerotech, respectively.
DeepMatter launches project with University of Cambridge
Chemistry digitisation technology company DeepMatter has launched a project with the University of Cambridge's Innovation Centre in Digital Molecular Technologies (iDMT), it announced on Thursday.
Artem Volynets to step down as CEO of Chaarat Gold
Armenia and Kyrgyzstan-focussed gold mining company Chaarat announced on Thursday that Artem Volynets would step down by mutual agreement from his role as chief executive officer and executive director with immediate effect, and would move into a senior adviser role.
SDX Energy spuds Hanut-1 exploration well
Middle East and North Africa-focussed SDX Energy announced the spudding of the Hanut-1 exploration well, ‘HA-1X’, which is the second well in its 2021 two-well drilling campaign in South Disouq, following the successful IY-2 well announced in July.
OptiBiotix revenues see healthy rise in first half
Obesity, cardiovascular and diabetes-focussed life sciences company OptiBiotix Health reported first-half total invoiced sales of ‘LPLDL’ and ‘SlimBiome’ as ingredient or final product of £1. 074m in an update on Thursday, representing a year-on-year increase of 44. 3% and ahead of its expectations for the period.
Maestrano secures new contract with Network Rail High Speed
Software firm Maestrano has secured a new contract with Network Rail High Speed.
Mkango Resources regains 100% ownership of Songwe Hill rare earths project
Mineral exploration and development company Mkango Resources said on Thursday that it has entered into agreements to acquire Noble Group subsidiary Talaxis' 49% interest in Lancaster Exploration and a 24. 5% stake in Maginito.
Clinigen inks partnership agreement with Eyevance Pharmaceuticals
Pharmaceutical firm Clinigen said on Thursday that it has inked an exclusive partnership agreement with Eyevance Pharmaceuticals, a wholly-owned subsidiary of Santen Pharmaceutical.