Small Caps News
Seeing Machines' Guardian technology to be integrated into EROAD software
Artiifical intelligence firm Seeing Machines said on Monday that fleet management software provider EROAD will integrate its Guardian technology to help combat driver fatigue.
SigmaRoc gets Poland competition clearance for Nordkalk purchase
Buy-and-build quarried materials company SigmaRoc announced on Monday that it has received “full and unconditional” merger clearance from the Polish Office of Competition and Consumer Protection (UOKiK) for its acquisition of Nordkalk, a wholly-owned subsidiary of Rettig Group.
CIP Merchant Capital puts another £1.25m into Brave Bison
CIP Merchant Capital announced on Monday that it has conditionally agreed to invest a further £1. 25m in Brave Bison, by participating in that company’s proposed placing to raise £6. 2m at a price of 1. 35p per share.
Oriole Resources upbeat on progress at Senala project
West Africa-focussed exploration company Oriole Resources updated the market on the Senala project in Senegal on Monday, where its joint venture partner Iamgold had the option to spend up to $8m (£5. 77m) to earn a 70% interest.
BlueRock Diamonds discovers 58.6 carat stone
AIM-listed BlueRock Diamonds has discovered a 58. 6 carat stone at its Kareevlei diamond mine in the Kimberley region of South Africa, just a week after the recovery of a 21. 6 stone.
Longboat gets nod for acquisitions from Norwegian government
North Sea-focussed exploration and production company Longboat Energy announced on Monday that Norway's Ministry of Petroleum and Energy has approved its acquisition of various exploration licence interests, as it announced on 1 June.
Hurricane reports P6 production after maintenance shutdown
UK-based oil and gas company Hurricane Energy reported oil production of 148,000 barrels of oil from the P6 well on the Lancaster field in July on Monday, at an average oil rate of 4,781 barrels per day.
MTI Wireless Edge reports 'solid' first-half revenue growth
Communications and radio frequency technology company MTI Wireless Edge reported “solid” revenue growth in its first half on Monday, of 9% to $21. 3m (£15. 38m).
Immotion expects interim results to show 'near EBITDA breakeven outcome'
Immersive entertainment company Immotion said on Monday that it expects its unaudited interim results to show a near EBITDA breakeven outcome on revenues of roughly £2. 7m.
TP Group slumps after rejecting Science Group approach
TP Group shares slumped on Monday after shareholder Science Group said it had rejected an indicative offer made at a "significant premium" to the share price at the time and called for a management shake-up.
Tekcapital posts 'record' first half results
Intellectual property investment company Tekcapital reported “record” first half results on Monday, with net assets increasing 56% to $51. 1m (£36. 88m) at period end.
Audioboom gets deadline for previously-rejected offer extended
Audioboom updated the market on the possible offer for its entire share capital by All Active Asset Capital (AAA) on Monday, confirming that an extension to the put-up-or-shut-up deadline had been granted by the takeover panel.
Anglo Asian Mining publishes maiden resource for Zafar
Azerbaijan-focussed gold, silver and copper producer Anglo Asian Mining published a maiden JORC mineral resource for its Zafar polymetallic deposit on Monday.
Mkango conditionally raises £5.52m to help fund developments
Mkango Resources has now received TSX-V conditional approval for the issue of 23,007,495 common shares at a price of 24p, or 42 Canadian cents, each, raising £5. 52m from new and existing investors, it announced on Monday, as it continued development in Malawi and Poland.
88 Energy's Merlin-1 well confirms presence of light oil
Oil exploration and appraisal company 88 Energy said on Monday that post-well evaluation of its Merlin-1 well had successfully demonstrated the presence of oil in multiple stacked sequences in the Cretaceous Nanushuk Formation.
Kibo Energy subsidiary acquires 4.4MW Rochdale gas power project
Energy development company Kibo Energy said on Monday that its MAST Energy subsidiary had acquired a third 4. 4-megawatt gas-powered standby generation facility.