Small Caps News
Helium One begins drilling next well at Rukwa
Helium One announced the start of drilling operations at the Tai-2 exploration well on Thursday, at its wholly-owned Rukwa Project in Tanzania, being the second exploration well targeting the Tai prospect.
Gresham House forest fund exceeds initial target
Gresham House said on Thursday that the Gresham House Forest Growth & Sustainability Fund had held its first close with £127m in subscriptions, substantially exceeding the initial target of £100m.
Condor receives latest drilling results from La India
Condor Gold said on Thursday that all assay results had now been received for the 3,370 metre drilling programme in the La India starter pit infill and reserve circulation (RC)-replacement drill holes, completed between December and June.
Empire Metals starts drilling campaign at Central Menzies
Resource exploration and development company Empire Metals announced the start of a reverse circulation (RC) drilling campaign at the Central Menzies Gold Project on Thursday.
Ethernity revenues improve, losses widen slightly
Networking technology company Ethernity Networks reported a 165. 8% improvement in first-half revenues year-on-year on Thursday, to $0. 96m (£0. 7m), as its gross margin increased 91. 1% to $0. 61m,.
Calnex reports 'strong' trading in new financial year
Telecommunications testing and measurement provider Calnex Solutions said in an update on Thursday that it had continued its “strong” trading and “good order” levels in the first quarter of the 2022 financial year, in line with its expectations.
Intelligent Ultrasound losses widen as it invests in R&D
Artificial intelligence (AI)-based software and simulation company Intelligent Ultrasound announced growth in revenue of more than 45% in its first half on Tuesday, to £3. 6m, from £2. 5m a year ago.
Ariana pleased with recent drilling at Karakavak
Europe-focussed exploration and development company Ariana Resources announced recent drilling results obtained from the Karakavak area of the Kiziltepe sector on Thursday.
Panthera rises on latest survey at Mali's Kalaka
West Africa and India-focussed gold exploration and development company Panthera Resources announced on Thursday that its associate company Moydow has completed the expanded induced polarisation (IP) survey at the Kalaka Project in Mali.
Sareum expects FY losses to widen on higher R&D costs, supply delays
British drugmaker Sareum said on Thursday that it expects to post a widened full-year loss as a result of increased research-and-development expenditure and delays in compound supply.
SkinBioTherapeutics 'on track' for commercialisation of AxisBiotix in Q4
Life science company SkinBioTherapeutics said on Thursday that commercialisation of its AxisBiotix-Ps product was "on track" for the fourth quarter of 2021.
Boku launches M1ST payments network
Mobile payments provider Boku launched its M1ST payments network on Thursday.
Proton Motor Power receives additional order from GKN Hydrogen
Fuel cell and electric hybrid systems designer Proton Motor Power Systems said on Thursday that it had received a further order from GKN Hydrogen.