Small Caps News
Smart Metering Systems wins fresh meter contract, secures grid-scale battery project
Energy infrastructure company Smart Metering Systems said on Wednesday that it has won a fresh meter contract and secured an additional grid-scale battery project.
Clipper Logistics grows FY revenue and EBITDA
Retail logistics company Clipper Logistics said on Wednesday that both revenue and underlying earnings had grown in the year ended 30 April.
Next Fifteen trades ahead of management expectations in H1
Media firm Next Fifteen Communications said on Wednesday that trading in the first six months of the trading year continued to be strong and ahead of management expectations.
James Latham reports solid performance in year-to-date
Timber, panels and decorative surfaces company James Latham updated the market on its trading on Wednesday, reporting revenue of £127m in the first four months of its financial year.
Lexington signs drilling contract for two projects
Carolinas-focussed exploration and development company Lexington Gold updated the market on its recent operations on Wednesday, reporting that a drilling contract had been signed for a 5,000 metre reverse circulation (RC) programme with FTE Drilling.
Panthera inks deal for $18m funding on Labola Project
West Africa and India-focussed gold exploration and development company Panthera has entered into definitive agreements to restructure its ownership interests in Moydow, and underlying assets, which would provide funding of up to $18m to the Labola Project.
Challenger selling some oil from Saffron-2 well
Caribbean and Atlantic margin-focussed oil and gas company Challenger Energy updated the market on ongoing production testing of the Saffron-2 appraisal well on Wednesday, reporting that a commercial production rate of 81 barrels of oil per day had so far been established from around 66 feet of Middle Cruse reservoir units.
Great Western upbeat on progress at Nevada projects
Great Western Mining, which is exploring and developing gold, silver and copper targets in Nevada, announced the results of recent drilling at the Rock House and Olympic Gold projects on Wednesday.
Altus begins survey at Morocco's Agdz project
Altus Strategies announced the start of a 135 line kilometre induced polarisation (IP) and gradient array geophysical survey at its wholly-owned Agdz copper and silver project on Wednesday.
Sopheon revenue rises as it converts customers to SaaS
Enterprise software company Sopheon reported a 19% improvement in revenue in its first half on Wednesday, to $16. 5m (£12. 03m).
Rambler upbeat on drilling progress at Ming Mine
Copper and gold explorer, developer and producer Rambler Metals updated the market on its ongoing underground diamond drill programme at the Ming Copper-Gold Mine in Baie Verte, Newfoundland and Labrador, Canada on Wednesday, reporting that it had completed 9,068 of the planned 15,200 metres of infill drilling.
Faron doses first patient in Covid-19 treatment trial
Clinical-stage biopharmaceuticals company Faron Pharmaceuticals announced on Wednesday that the first patient has been dosed in the phase 2 and 3 ‘HIBISCUS’ trial, assessing ‘Traumakine’, or intravenous interferon beta-1a, as a first-line treatment for hospitalised Covid-19 patients.
Velocys technology chosen for Japan aviation fuels project
Sustainable fuels technology company Velocys announced on Wednesday that its Fischer-Tropsch (FT) technology had been selected for an e-fuels project by Toyo Engineering and its consortium of six Japanese companies.
Empire no longer keen on small open pit at Eclipse
Resource exploration and development company Empire Metals announced a progress update on activities at the Eclipse Gold Project in the Eastern Goldfields of Western Australia on Wednesday, reporting that it had completed three exploratory drilling programmes.
Warehouse REIT portfolio surpasses 8.5m square feet
Real estate investment trust Warehouse REIT said on Wednesday that it had completed four acquisitions since 25 May for a total consideration of £13. 1m, reflecting a blended net initial yield of 5. 0%.
Tracsis FY revenues expected to reach almost £50.0m
Railway and transport technology firm Tracsis said on Wednesday that full-year group revenues were expected to be nearly £50. 0m.
Costain interim profitability improves, secures £334.3m of new work in H1
Infrastructure solutions firm Costain said on Wednesday that profitability had improved over the six months ended 30 June, in line with internal expectations.