Small Caps News
Velocys strikes sustainable fuel offtake deal with Southwest Airlines
Sustainable fuels technology company Velocys announced on Wednesday that its wholly-owned subsidiary Velocys Renewables had entered into its first offtake agreement for the sustainable aviation fuel (SAF) to be produced at the planned Bayou Fuels biorefinery project in Mississippi, with Southwest Airlines.
Dekel Agri-Vision reports solid production growth for October
West Africa-focussed agriculture company Dekel Agri-Vision updated the market on its production in October at the Ayenouan palm oil project in Côte d'Ivoire, reporting a 28. 2% increase year-on-year.
Power Metal expands Saskatchewan uranium portfolio
Exploration company Power Metal Resources announced a uranium exploration portfolio expansion at its wholly-owned interests surrounding the Athabasca Basin in northern Saskatchewan, Canada on Wednesday.
Insig AI taps Colm McVeigh as new chief commercial officer
Data science and machine learning technology company Insig AI announced on Wednesday that Colm McVeigh had joined as its new chief commercial officer.
Bowleven narrows losses as it works towards final investment decision
Africa-focussed oil and gas exploration company Bowleven reported a loss of $1. 98m (£1. 47m) in its full-year results on Wednesday, narrowing from $2. 63m year-on-year.
ADVFN to pay maiden dividend after swinging to profit
Stock trading platform operator ADVFN reported revenue of £9. 06m in its final results on Wednesday, up from £7. 07m year-on-year, as it swung to an operating profit of £1. 63m from a loss of £0. 32m.
Zenova secures major supply deal with Australian distributor
Fire safety and heat management technology company Zenova Group has secured a “major contract” for the supply of its products in Australia, it announced on Wednesday.
Vast completes latest sale of concentrate from Baita Plai
Mining company Vast Resources updated the market on its producing Baita Plai polymetallic mine in Romania on Wednesday.
Karelian reports 'highly anomalous' results from Northern Ireland sampling
Karelian Diamond Resources announced results from its stream sediment sampling programme focused in Northern Ireland on Wednesday, reporting that 10 samples had been collected and shipped to Overburden Drilling Management in Canada for mineral concentration, picking and analysis for indicator minerals.
Victoria acquires Turkish ceramic tiles manufacturer and distributor
Flooring group Victoria has acquired Turkish mid-market ceramic tiles manufacturer and distributor Graniser for a total consideration of €8. 4m.
Asos looks to double profitability following Beighton's shock exit
Online retailer Asos told investors at its capital markets day event on Wednesday that it was aiming to double its profitability in the long-term as part of an effort to right the ship after the abrupt departure of former chief executive Nick Beighton.
HSS Hire successfully refinances, interest costs 'materially reduced'
Tool and equipment supplier HSS Hire Group has entered into a new term loan facility of £70. 0m and a revolving credit facility of £25. 0m following a successful campaign to refinance its existing corporate debt.