Small Caps News
Hurricane Energy launches $230m convertible bond tender offer
Oil company Hurricane Energy has launched a tender offer to repurchase as much as $230. 0m worth of convertible bonds due in 2022 using a portion of its current cash balances.
RUA Life Sciences sees US orders return to pre-Covid levels
Medical device businesses holding company RUA Life Sciences said on Tuesday that orders had returned to pre-Covid-19 pandemic levels.
Genedrive to seek CE mark clearance for MT-RNR1 assay
Molecular diagnostics company Genedrive said on Tuesday that it will soon launch its MT-RNR1 assay, used for the detection of antibiotic-induced hearing loss in newborns.
Cornish Metals pleased with latest drilling at United Downs
Cornish Metals reported results from five new diamond drill holes that are part of the ongoing drill programme at the United Downs copper-tin project in Cornwall on Tuesday.
Blue Prism surges as it confirms takeover talks with TPG Capital, Vista
Blue Prism shares rocketed on Tuesday after it confirmed it is in talks with US private equity firm TPG Capital and Vista about possible offers for the AIM-listed automation specialist.
88 Energy raising £10.6m to fund Merlin-2 well
88 Energy announced its plans to raise AUD 20m (£10. 6m) before expenses on Tuesday, to finance the drilling and logging of the Merlin-2 well, among other projects.
Futura enters erection gel licensing deal with M8
Futura Medical has entered into a licensing agreement with M8 Pharmaceuticals, a specialty biopharmaceutical company focused on commercialisation in Latin America, for the rights to exclusively develop and commercialise its topical, gel-based erectile dysfunction (ED) treatment MED3000 in Brazil and Mexico, it announced on Tuesday.
Andrew Forrest ups bid in battle with BHP for Noront Resources
Billionaire metals magnate Andrew Forrest has hiked his bid for Canadian nickel miner Noront Resources to 70 Canadian cents per share, it emerged on Tuesday.
Oracle Power reports 'highly positive' sampling results
Natural resources project developer Oracle Power announced on Tuesday that further “highly positive” geochemical sampling results had defined five drill target areas at its wholly-owned Jundee East Gold Project, in the Eastern Goldfields region of Western Australia.
Oxford BioDynamics awarded $0.91m US PACT grant
Oxford BioDynamics has been awarded an FNIH Partnership for Accelerating Cancer Therapies (PACT) grant, it announced on Tuesday, to use its ‘EpiSwitch’ diagnostic platform for the accurate prediction of a patient's response to immune checkpoint inhibitors (ICIs) from a routine blood sample.
Verici enrols patients for multi-centre study ahead of forecast
Organ transplant diagnostics developer Verici Dx announced on Tuesday that patient enrolment for a multi-centre observational clinical validation study for its lead products had concluded ahead of management expectations.
IronRidge's Ewoyaa project to proceed with Piedmont funding
IronRidge Resources announced on Tuesday that the conditions required for the the execution of its binding agreement with Piedmont Lithium had now been satisfied.
Powerhouse enters binding agreement with Hydrogen Utopia
Waste-to-hydrogen technology company Powerhouse Energy has entered into a binding agreement with Hydrogen Utopia International (HUI), under which HUI has been granted an exclusive non-transferable licence for the application of Powerhouse’s ‘DMG’ technology in Poland, Greece and Hungary.
Strix opens new margin-enhancing factory in China
Kettle safety technology and water filtration company Strix announced the opening of its new factory in the Zengcheng district of Guangzhou, China on Tuesday, with manufacturing fully operational.
Supply@ME locks in on establishing and growing multiple revenue streams
Fintech platform operator Supply@ME Capital said on Tuesday that following its acquisition of TradeFlow Capital Management and the recent launch of its Global Inventory Monetisation Fund, the company was now focused on "establishing and growing" a number of certain revenue streams.
BlueRock sells three diamonds for $1.1m
AIM-listed BlueRock Diamonds said on Tuesday that it has sold three recently-discovered stones for a total of $1. 1m.
Pennant International order book contracts in H1
Training technology provider Pennant International said on Tuesday that its first-half order book had slumped year-on-year as a result of the Covid-19 pandemic.
Lamprell updates on balance sheet recapitalisation efforts
Construction and fabrication outfit Lamprell issued an update on progress made towards the recapitalisation of its balance sheet on Tuesday.