Small Caps News
Insig AI inks product development deal with CarVal
Asset management data science and machine learning technology company Insig AI announced on Tuesday that alternative investment manager CarVal Investors had entered into binding heads of terms to partner with it, to develop a new line of HY and IG ESG products, as part of the ‘CarVal Clean’ product line.
Altus Strategies to acquire royalty interest on Caserones
Altus Strategies has agreed to acquire an effective 0. 418% net smelter return (NSR) royalty interest on the producing Caserones copper mine in the Atacama region of northern Chile, it announced on Tuesday.
Scancell chooses needle-free tech for Covid vaccine candidates
Cancer and infectious disease immunotherapy developer Scancell has selected the PharmaJet needle-free injection system to administer its two SARS-CoV-2 vaccine candidates for Covid-19, ‘SCOV1’ and ‘SCOV2’, in its ‘COVIDITY’ phase 1 clinical trial, it announced on Tuesday.
Tern puts another £0.52m into FundamentalVR
Technology investor Tern has made a further £0. 53m investment in its portfolio company, FVRVS, trading as FundamentalVR, it announced on Tuesday, adding that “strong” business momentum had continued across all of its primary portfolio companies.
ULS performance still strong as stamp duty holiday winds down
Conveyancing and property transaction technology company ULS said on Tuesday that it was still benefiting from a “buoyant” housing market, with trading during the first quarter further reflecting the “rapid” pick-up experienced during the second half of the last financial year.
Sunrise Resources upbeat on pozzolan test results
Sunrise Resources announced positive test results from recent commercial concrete pours using natural pozzolan from its CS Pozzolan-Perlite Deposit in Nevada on Tuesday, with two commercial pours carried out by a “large” cement and ready-mix company as due diligence towards a commercial agreement.
Shield Therapeutics swings to losses in first half
Commercial-stage pharmaceutical company Shield Therapeutics reported first-half revenues of £0. 5m in its interim results on Tuesday, falling from £8. 9m year-on-year.
Seed investee Eurox launches German cannabis line
Medical cannabis investment company Seed Innovations updated the market on its portfolio company Eurox, a Germany-based, European-focussed vertically-integrated medical cannabis company, on Tuesday.
Ariana reports recent, 'substantial' drilling at Arzu South
Europe-focussed mineral exploration and development company Ariana Resources announced recent and substantial resource drilling results from the Arzu South area of the Kiziltepe Mine on Tuesday, which is part of the Zenit joint venture with Proccea Construction and Ozaltin, 23. 5% owned by Ariana.
Frenkel Topping acquires legal costs consultancy Bidwell Henderson
Professional and financial services firm Frenkel Topping has acquired Derbyshire and Newcastle-based legal costs consultancy Bidwell Henderson Costs Consultants for £1. 48m.
Cloudcoco acquires Systems Assurance, raises £2.1m via share placing
IT firm Cloudcoco has acquired the entire issued share capital of Systems Assurance for £830,000 in cash and the grant of warrants over 4. 0m ordinary shares.
Gattaca FY pre-tax profits seen ahead of expectations
Engineering and technology staffing business Gattaca said on Tuesday that full-year continuing underlying pre-tax profits and its adjusted net cash balance were now both forecast to be above market expectations.
Surface Transforms selected as tier-one brake disc supplier to 'major' US auto firm
Brake discs manufacturer Surface Transforms said on Tuesday that it has been selected as a tier-one supplier to "a major mainstream US automotive company".