Small Caps News
Power Metal granted final licence for Wallal Project
Exploration company Power Metal Resources updated the market on the Wallal Project in the Paterson region of Western Australia on Friday, where it was targeting major gold-copper discoveries.
Condor Gold raises £4.1m to complete La India feasibility study
Condor Gold said on Friday that it had raised £4. 1m to complete a feasibility study over its wholly-owned La India Project.
SysGroup flags fall in first-half revenue
Managed information technology and cloud service provider SysGroup said in a trading update on Friday that it expected to report first half revenue of £7. 58m, 15. 8% lower year-on-year.
Losses widen for Time Out as it takes stock of pandemic shutdowns
Leisure publisher and hospitality operator Time Out Group reported a decline in gross revenue to £44. 9m in its final results on Friday, from £77. 1m in the comparative period, while its net revenue slid to £37. 8m from £63. 3m.
Newly-renamed Tintra reports improves first-half turnover
Lottery management, financial services, and five-a-side soccer venue investor Tintra reported an 8% improvement in turnover in its half-year results on Friday, to £0. 6m.
Great Western Mining reports 'extensive work' on projects
Nevada-focussed gold, silver and copper explorer and developer Great Western Mining updated the market on its activities on Friday, reporting that during 2021, extensive work had been undertaken on proposed processing projects both in the field and through desktop studies, based on data and material from both Mineral Jackpot and the OMCO Mine.
SkinBioTherapeutics commercially launches psoriasis supplement
Skin health-focussed life sciences company SkinBioTherapeutics announced the commercial launch of ‘AxisBiotix-Ps’ on Friday, which it described as a probiotic food supplement to help alleviate the symptoms of psoriasis.
Chaarat production and throughput on back foot in third quarter
Armenia and Kyrgyz Republic-focussed gold miner Chaarat updated the market on production from the Kapan Mine in the third quarter on Thursday, reporting that, following a “strong” first half, July was impacted by lower grades and fleet availability.