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Small Caps News
26 Aug
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Power Metal completes first phase of 2021 drilling at Silver Peak

Exploration company Power Metal Resources has successfully completed its 2021 first phase diamond drilling exploration programme on the Silver Peak Project in the Canadian province of British Columbia, it announced on Thursday.

26 Aug
oilfield
TomCo acquires Valkor's interest in Greenfield joint venture

United States-focussed oil development company TomCo Energy has acquired Valkor’s 50% interest in Greenfield Energy, the 50-50 joint venture established by TomCo and Valkor in mid-2020, for wholly-deferred equity consideration, it announced on Thursday.

26 Aug
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Aura upbeat on preliminary gravity survey results

Aura Energy announced preliminary results of the first of the planned gravity field surveys on its Tasiast South tenements on Thursday.

26 Aug
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PetroTal outperforms second quarter production guidance

PetroTal said on Thursday that it outperformed its second quarter production guidance by 2% and its first quarter production by 21%, delivering 8,839 barrels of oil per day under constrained production conditions.

26 Aug
oilfield
Echo Energy positive on outlook as it brings wells back online

Latin America-focussed upstream oil and gas company Echo Energy updated the market on its third quarter on Thursday, confirming that following installation of the pipeline required to bring liquids production back online, the infrastructure had now been commissioned for operation, and shut-in wells were being brought online.

26 Aug
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Helium One ready to move to next phase at Rukwa 'rapidly'

Helium One announced the completion of its 2021 exploration drilling campaign on Thursday, with “significant” new data to move rapidly to the second phase of exploration work, at its wholly-owned Rukwa Project in Tanzania.

26 Aug
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Westmount Energy confirms start of drilling at Sapote-1

Westmount Energy said on Thursday that the Guyana Maritime Administration Department has confirmed that the Stena DrillMAX drillship would start drilling operations at the Sapote-1 wellsite on the Canje Block, offshore Guyana, on 28 August.

26 Aug
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Eden Research gets label extension for biofungicide in Portugal

Biopesticide developer Eden Research announced on Thursday that its biofungicide ‘Mevalone’ has received authorisation for use on new crops in Portugal, where it is marketed as ‘Araw’. for the control of the Botrytis cinerea destructive fungal pathogen, which affects a number of plant species.

26 Aug
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Scancell gets MHRA approval for Modi-1 clinical trial

Immunotherapy developer Scancell announced on Thursday that the UK Medicines and Healthcare products Regulatory Authority (MHRA) has approved the clinical trial application to initiate the first-in-human phase 1 and 2 clinical study of ‘Modi-1’.

26 Aug
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Eurasia Mining reports progress on Nyud joint venture project

Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on the Nyud project on Thursday, following its signing of a binding agreement to create a joint venture with Rosgeo in March.

26 Aug
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Malvern losses narrow amid 'significant' pent-up demand

Education and skills development provider Malvern International reported revenues from continuing operations of £1. 42m in its first half on Thursday, up marginally from £1. 37m a year earlier.

26 Aug
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eEnergy secures first contract to provide both solar power and LED lighting

Energy efficiency business eEnergy said on Thursday that it has secured its first contract win to provide solar power and LED lighting in a single contract.

26 Aug
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D4T4 Solutions continues to trade in line with expectations

Software firm D4T4 Solutions said on Thursday that it continued to trade in line with the expectations, with the business delivering against its key KPIs.

26 Aug
Volex to buy Irvine Electronics for $16.4m

AIM-listed Volex has agreed to buy US electronic solutions manufacturer Irvine Electronics for $16. 4m.