Small Caps News
Kibo Energy settles outstanding director, management fees
Renewable energy-focussed development company Kibo Energy has settled outstanding fees owed to directors and management, it announced on Friday, by the issue of a 7% convertible loan note redeemable instrument.
Gemfields sale of SPM holdings simplified by Ivy Lane 'unbundling'
Gemfields updated the market on the proposed sale of its interest in Sedibelo Platinum Mines (SPM) on Friday, confirming the ‘unbundling’ of Ivy Lane’s shareholding.
Red Rock reports 'extremely encouraging' drilling results from Mikei
Gold and base metals-focussed development company Red Rock Resources reported the results of the first batch of 950 samples from the recently-completed first phase of reverse circulation drilling in the mid KKM prospect on Friday, at the Mikei Gold Project in Kenya.
PetroNeft agrees extension to convertible loan facility
Russia-focussed oil and gas explorer and producer PetroNeft updated the market on its financing on Friday, announcing an extension to the remaining balance on its convertible loan facility.
Ceres Power confirms starts for new finance chief, company secretary
Fuel cell and electrochemical technology company Ceres Power announced on Friday its newly-appointed chief financial officer Eric Lakin would be joining the company on 10 January.
Churchill China FY profits seen in line with market expectations
Ceramic products Churchill China said on Friday that it anticipates full-year pre-tax profits to meet market expectations of £5. 6m after exceeding earlier revenue estimates.
SDI Group acquires Scientific Vacuum Systems
Scientific and technology products manufacturer SDI Group has acquired British physical vapour deposition equipment developer Scientific Vacuum Systems for approximately £4. 9m.
Judges Scientific FY adjusted EPS seen ahead of expectations
Scientific instrument business Judges Scientific said on Friday that it now anticipates full-year adjusted earnings per shares will be ahead of market expectations.