Small Caps News
Vijay Thakrar to replace McCall as Alumasc chair
Sustainable building product company Alumasc announced on Friday that Vijay Thakrar would take up the role of non-executive chairman from 1 January, following the retirement of John McCall as chairman and non-executive director on 31 December.
Eqtec inks gasification collaboration deal with Wood
Waste-to-energy gasification technology company Eqtec has signed a collaboration deal with energy consulting and engineering company Wood, it announced on Friday.
Northern Bear reports robust first half amid industry disruptions
Building services provider Northern Bear reported first-half revenue of £30m in its interim results on Friday, up from £20. 1m year-on-year, as its adjusted operating profit improved to £1. 5m from £0. 5m.
Quadrise Fuels International stock slumps ahead of AGM
Oil technology firm Quadrise Fuels International saw its shares tumble in early trading despite publishing a generally positive operational update ahead of its annual general meeting later in the day.
KEFI optimistic despite escalating tensions in Ethiopia
Gold exploration and development company KEFI updated the market on its operations on Friday, reporting that at its Ethiopia subsidiary Tulu Kapi Gold Mines (TKGM), it has completed its recent incident management and investigations and was now preparing for the launch of the Tulu Kapi Gold Project.
AfriTin Mining executes, draws down Standard Bank lending facility
AfriTin Mining announced on Friday that its lending facility with Standard Bank Namibia to fund the expansion of the Uis phase one processing plant, had now been executed.
Science Group trading remains positive following 'highly successful' Frontier acquisition
Consulting services group Science Group said on Friday that trading in all divisions had continued positively as the firm's "highly successful" acquisition of Frontier Smart Technologies made "a significant contribution".
Checkit raising £21m to accelerate strategy, strengthen offering
Software company Checkit announced on Friday that it was raising £21m through a placing, to accelerate its strategy and strengthen its product offering.
Power Metal signs three-month option deal with Kavango
Power Metal Resources announced on Friday that a three-month option has been signed with Kavango Resources, under which Kavango could acquire up to 51. 15% of Kalahari Key Mineral Exploration.
Parkmead revenue falls despite 'strong momentum' towards year-end
UK and Netherlands-focussed energy company Parkmead reported strong momentum from increased gas prices in its preliminary results on Friday, with revenue for the year totalling £3. 6m, down from £4. 1m year-on-year.
Kitwave FY pre-tax profits seen 'significantly ahead' of expectations
Wholesaler Kitwave Group said on Friday that it expects to report full-year pre-tax profits "significantly ahead" of expectations.
Aquis Exchange taps Glenn Collinson to succeed Niki Beattie as chair
Exchange services group Aquis Exchange said on Friday that Glenn Collinson had been appointed to succeed long-time chair Niki Beattie on 1 January 2022.