Small Caps News
Nanosynth agrees to return control of Cloudveil to founder
Nanosynth announced on Monday that it has agreed to return control of its wholly-owned subsidiary Cloudveil to the subsidiary’s founder, Antony Hugo Gillum-Webb, by transferring its shares in Cloudveil for “nominal consideration”, effective immediately.
Shoe Zone hikes profit expectations after even better trading
Shoe Zone announced on Monday that, further to its full-year trading update on 13 October, reported profit before tax was now expected to be in the range of £9m to £10m for the 52 weeks ended 2 October.
Challenger Energy looking ahead after 'difficult year'
Challenger Energy Group reported net petroleum revenue of $2. 31m in its interim results on Monday, up from $1. 42m for the full 2020 financial year.
Ixico tapped for another phase-3 clinical trial
Artificial intelligence (AI) data analytics company Ixico has been selected by its largest pharmaceutical client to provide neuroimaging services for a new phase 3 clinical trial focussed on a demyelinating disorder, it announced on Monday.
OnTheMarket adjusts consideration for Glanty purchase downwards
Property marketing portal operator OnTheMarket announced on Monday that the initial consideration paid for the 80% share in Glanty in May was being reduced, with the return by the vendors of 163,154 ordinary shares in the company.
Power Metal subsidiary exercises option to buy Pilot Mountain project
Power Metal Resources announced on Monday that its wholly-owned subsidiary Golden Metal Resources had exercised an option to acquire a 100% interest in the Pilot Mountain Project in Nevada.
Powerhouse Energy extends agreements in light of Protos progress
Plastic waste-to-hydrogen technology company Powerhouse Energy updated the market on its UK progress on Monday, reporting that the special purpose vehicle to develop the Protos plant and project had advanced work towards construction contracting.