Small Caps News
IOG proposes £8.5m placing and subscription to cover costs at Kelham
Gas and energy company IOG proposed a placing and subscription on Thursday in an attempt to raise gross proceeds of approximately £8. 5m.
Trakm8 YTD revenues grow modestly
Telematics and data insight group Trakm8 Holdings said on Thursday that revenues in the first five months of its trading year had come in 19% higher than during the same period twelve months earlier.
XL Media swings to H1 reported pre-tax loss despite improved revenues
Marketing company XLMedia said on Thursday that had swung to an interim reported pre-tax loss despite revenues growing year-on-year.
Enwell announces spudding of SV-31 well in Ukraine
Oil and gas exploration and production company Enwell Energy announced the spudding of the SV-31 well at its Svyrydivske (SV) gas and condensate field in Ukraine on Thursday.
Caledonia Mining agrees to buy Maligreen project claims
Caledonia Mining Corporation has entered into an agreement to purchase the mining claims over the Maligreen project in the Gweru mining district of the Zimbabwe Midlands, it announced on Thursday, from privately-owned local company Pan African Mining.
Phoenix Copper makes progress with Idaho assets
United States-focussed base and precious metals explorer and producer Phoenix Copper updated the market on its recent activities in Idaho on Thursday, as it made further progress towards bringing its assets into operation.
AdEPT Technology trades in line in first quarter
Managed IT services provider AdEPT reported a “positive start” to the year on Thursday, with current trading in line with its expectations.
Begbies Traynor sees double-digit growth in first quarter
Business recovery, financial and property services provider Begbies Traynor said on Thursday that it achieved “double digit” growth in revenue and profit in its first quarter, as the result of recent acquisitions, as well as the rebound in economic activity.
Engineering teams on site at Mkango's Songwe Hill project
Mkango Resources announced on Thursday that its management team, as well as Malawian geotechnical engineering firm Geoconsult and South African peer Zutari, are now on site at the Songwe Hill Rare Earths development project to start a “major” geotechnical drilling and pitting programme.
Chariot signs binding services deal with Halliburton
Africa-focussed energy company Chariot has signed a binding letter of intent with oilfield services provider Halliburton, it announced on Thursday, for services on its planned Anchois gas appraisal well within the Lixus licence, offshore Morocco.
Eleia seals Augean takeover with £390m bid
Augean is to be taken private in a £390m deal following a bidding war for the Aim-listed waste services firm.
FinnCap rises on continued strong trading
FinnCap Group said on Thursday that trading since its first quarter had been “strong”, with its overall revenue trend “slightly above” the top end of its previous full-year revenue expectations.
Eve Sleep losses widen in H1 but on track to meet FY expectations
Mattress maker Eve Sleep reported a widening of its first-half losses on Thursday but said it’s still on track to meet expectations for the full year.
City Pub Group trading improves, adds Norfolk location to estate
Pub operator the City Pub Group said on Thursday that trading in city centres had been given a boost by Summer's "staycation" boom and Brits' return to work and study in September.
Fuller's benefits from increased footfall and return to office working
Pub operator Fuller, Smith & Turner said on Thursday that trading has steadily increased across the board since reopening its estate in July.