Small Caps News
GCM Resources raises £2.13m for Phulbari development
Mining and energy company GCM Resources raised £2. 13m on Thursday, to be spent on developing its Phulbari coal and power project in Bangladesh.
Hutchmed China losses widen as it appoints new CEO
Hutchmed China reported a 56% increase in total revenues in its full-year results on Thursday, to $356. 1m (£266. 17m), although its losses widened, as it announced the departure of its chief executive officer and the appointment of his replacement.
Boohoo suspends sales into Russia
Online fashion conglomerate Boohoo Group confirmed on Thursday that it had suspended sales into Russia, in the wake of the country’s violent invasion of Ukraine.
Greatland reports 'substantial increase' in Havieron resource
Greatland Gold reported a “substantial increase” in resource and reserve at Havieron on Thursday, after an additional 10 months of “consistently impressive” drilling results since the February 2021 drilling cut-off used for the last update.
FRP Advisory declares third quarter dividend of 0.8p
FRP Advisory Group declared an interim dividend of 0. 8p per share on Thursday, for its third quarter ended 31 January.
Dotdigital warns of slowdown in growth in wake of pandemic
Marketing and customer engagement software company Dotdigital Group reported a 10% improvement in organic revenue in its interim results on Thursday, to £30. 9m, although its shares were sliding as it warned of a slowdown in growth going forward.
Next Fifteen raises £50m to part-fund Engine UK acquisition
Consulting firm Next Fifteen Communications raised £50m before expenses on Thursday, to part-fund the acquisition of communications and creative business Engine UK.