Small Caps News
Power Metal's Selta investment to be granted all exploration licences
Power Metal Resources updated the market on the Selta Project in Australia’s Northern Territory on Tuesday, which is prospective for rare earth elements (REE) and uranium.
Light Science lays out plans for £0.5m Innovate UK grant
Agriculture technology and contract electronics manufacturer Light Science updated the market on a £0. 5m government grant to its controlled environment agriculture (CEA) division.
RBG subsidiary LionFish inks £20m litigation investment deal
Professional services group RBG announced on Tuesday that its subsidiary LionFish Litigation Finance has agreed a £20m litigation investment arrangement with an unnamed alternative investment firm.
Verici Dx completes analytical validation on two assays
Clinical diagnostics developer Verici Dx announced on Tuesday that its two lead in-vitro diagnostic assays, ‘Clarava’ and ‘Tuteva’, had completed analytical validation under the CLIA requirements, meeting criteria for robust assay performance.
Altus intercepts 'significant' gold zone in Mali drilling
Altus Strategies announced the intersection of a “significant” gold zone from reverse circulation (RC) drilling at the Lakanfla Central prospect on the Lakanfla licence on Tuesday.
Frenkel Topping ends year in line with expectations
Professional and financial services company Frenkel Topping reported “excellent” progress in 2021 in a trading update on Tuesday, driven by organic growth, high levels of new business, and complementary strategic acquisitions.
Lords gets exclusivity over possible Sudbury acquisition
Building materials distributor Lords announced on Tuesday that its subsidiary Hevey Building Supplies has signed an exclusivity agreement with Huws Gray for the potential acquisition of a Grafton Merchanting GB (GMGB) ‘Buildbase’ branch in Sudbury, Suffolk.
Nexus Infrastructure sees order growth across business
Nexus Infrastructure said in an update on Tuesday that the “fundamental growth drivers” for its business were positive.
Smartspace FY underlying losses seen lower than market expectations
Software firm Smartspace said on Tuesday that full-year adjusted underlying losses were set to be slightly less than expectations.
Serabi Gold pleased with survey over Sao Domingos
Brazil-focussed miner and developer Serabi Gold reported results from its geophysical airborne survey over the Sao Domingos property in the Tapajos region of Brazil’s Para State on Tuesday, having completed an additional 1,929 line kilometres of airborne magnetic surveying.
4basebio makes progress with manufacturing development
Specialist life sciences company 4basebio updated the market on its synthetic DNA business on Tuesday, having added Mark Cooper its as head of manufacturing in December, alongside further senior hires across its manufacturing, quality assurance and business development teams in recent months.
LoopUp FY earnings and revenue fall, conversion delays to weigh on 2022 trading
Cloud communications provider LoopUp group said on Tuesday that both revenue and underlying earnings had slumped during 2021 and cautioned that a longer than expected lag in converting bookings to revenue in its cloud telephony unit would again take its toll on the firm's top line in 2022.
D4T4 Solutions expands Quantexa partnership
Data solutions outfit D4T4 Solutions launched an expansion of its partnership with international fraud data and analytics solution provider Quantexa on Tuesday.
Kerry Group snaps up majority stake in biotechnology outfit c-LEcta
Irish food company Kerry Group has reached an agreement to acquire roughly 92% of biotechnology firm c-LEcta for €137. 0m.