Small Caps News
Alliance Pharma upbeat on prospects for US acquisitions
Alliance Pharma completed the acquisition of both ‘ScarAway’ - the largest silicone-based scar treatment brand in the US - and the rights to sell ‘Kelo-cote’ in the American retail consumer market in the US on Friday.
Minoan appoints chairman to subsidiary Crete resort developer
Minoan announced the appointment of George Mergos as chairman of its wholly-owned subsidiary Loyalward on Friday, which owns the Itanos Gaia project in Crete.
Advanced Oncotherapy raises £2m for proton therapy development
Proton therapy technology developer Advanced Oncotherapy announced an equity fundraise of £2m on Friday, to fund itself along its revised timetable for the development of the ‘LIGHT’ cancer therapy system.
Empyrean preparing to take delivery of Jade drilling rig
China, Indonesia and US-focussed developer Empyrean Energy updated the market on preparations to drill the Jade prospect at its wholly-owned block 29/11 permit, offshore China on Friday.
GoldStone surges after start of production at Homase
GoldStone Resources updated the market on activities at the Homase mine and the former Akrokeri underground mine on Friday, confirming that following the start of gold production at Homase, 1,717 troy ounces had been produced and sold to-date.
Boku names Dr Richard Hargreaves as chairman
Mobile payments group Boku revealed on Friday that Dr Richard Hargreaves will replace Mark Britto as chairman following the company's annual general meeting on 1 June.
Open Orphan wins £5m contract for human study in RSV
Open Orphan announced on Friday that its hVIVO subsidiary has signed a £5m respiratory syncytial virus (RSV) human challenge study contract with an unnamed European biotechnology company, to test its intravenous antiviral candidate.
Parkmead swings to profit as revenues triple
Energy developer Parkmead reported a tripling in revenue in its first half on Friday, to £4. 6m from £1. 5m, as it benefited from continued increases in gas prices.
Europa Oil shareholders to vote on fundraising for Serenity investment
Europa Oil issued a statement urging shareholders to vote in favour of its proposed £7m fundraising on Friday morning, as investors gathered for a general meeting over the plans.
Maintel replaces NatWest facility with 'more favourable' HSBC deal
Cloud, network and security service provider Maintel announced a new refinancing agreement with HSBC UK on Friday, for a £26m facility over a minimum three-year term.
Journeo renews distribution deal with Safety Tech
Transport system technology company Journeo announced the renewal of its exclusive distribution agreement with Vision Systems France subsidiary Safety Tech for its 'mirrorless' bus and coach camera monitoring system (CMS) throughout the UK.
Sabien Technology wins further UK government contract
Heating and cooling solutions provider Sabien Technology has been awarded a further contract by a UK government department valued at approximately £264,000.