Small Caps News
Quadrise projects on track after board review
Lower-carbon fuel technology company Quadrise said it was on track to achieve its commercialisation targets in an update on Monday, after a board review and “positive engagement” with counterparties over the last month.
Ncondezi surges on potential Mozambique solar project
Ncondezi Energy updated the market on the review of its integrated Ncondezi 300 MW power project in Tete, Mozambique on Monday, saying it had found potential for a grid-scale solar-plus-battery storage project at the site.
K3 Capital updates investors after share price fall
Professional services provider K3 Capital updated the market on the recent decline in its share price on Monday, reporting that it was not aware of any reason for the fall.
Clontarf buys 10pc of Western Australia offshore gas prospect
Oil and gas explorer Clontarf Energy announced the acquisition of a 10% interest in the “high-impact” multi-trillion cubic feet Sasanof offshore exploration prospect in Western Australia on Monday, for an initial $4m (£3. 23m) cash and 100 million shares.
Court of Appeal to hear Rotala's challenge to Manchester bus franchising
Bus operator Rotala updated the market on its legal challenge to the proposed franchising of the bus network in Greater Manchester on Monday, confirming its appeal would be heard by the Court of Appeal.
AEX Gold upbeat on exploration results from Vagar
Greenland-focussed miner AEX Gold announced the results of its 2021 exploration campaign across the Vagar licence in south Greenland on Monday, which contains a number of high-priority targets.
Cerillion confident despite fall in total new orders
Billing and customer relationship software company Cerillion reported a 16% improvement in revenue in its first half on Monday, to £16. 1m, amid ongoing major implementation projects for new customers and new orders from existing customers, although total new orders fell.
Nostra Terra reaches total depth at Grant East 1 well
Texas-focussed oil and gas explorer and developer Nostra Terra announced on Monday that the Grant East 1 well in the Permian Basin of west Texas has reached total depth.
Tungsten Corp to be taken over by Sweden's Pagero in £61.5m deal
Invoice processing company Tungsten Corp said on Monday that it was withdrawing its backing for a takeover by US buyout group Kofax in favour of a better offer from Swedish smart business network provider Pagero, at £61. 5m.
Losses to continue as 4basebio focuses on commercialisation
Specialist DNA-focussed life sciences company 4basebio reported revenue of £0. 34m in its final results on Monday, down from £0. 46m year-on-year.
Sureserve subsidiary retains long-term contract with L&Q
Social housing energy services provider Sureserve Group revealed on Monday that its wholly-owned K&T Heating Services subsidiary has successfully retained a long-term gas servicing, repair, and installation contract with social housing provider L&Q.
Life Science REIT acquires building in London's Knowledge Quarter
Real estate investment trust Life Science has acquired 7-11 Herbrand Street, an iconic Art Deco building close to University College Hospital and University College London in the capital's Knowledge Quarter.
Mincon revenues grow in Q1
Irish engineering group Mincon said on Monday that positive revenue momentum experienced in the second half of 2021 had carried over into the first quarter of 2022.