Small Caps News
Libertine faces cash crisis as loan funding fails to materialise
Libertine Holdings announced a significant financial setback on Monday, reporting that it had not received the anticipated loan funding from Reliant FZCO under a previously-agreed bridging loan agreement.
88 Energy reports progress at Project Phoenix
88 Energy updated the market on Project Phoenix on Monday, focusing on results from the Hickory-1 discovery well and its ongoing collaboration with joint venture partner Burgundy Xploration.
Van Elle confirmed as Network Rail southern region delivery partner
Ground engineering contractor Van Elle announced on Monday that it has been confirmed as a delivery partner in the Southern Renewals Enterprise's £1. 4bn framework programme for Network Rail’s Southern region.
Hummingbird secures $25m refinancing with Coris Bank
Hummingbird Resources announced the successful completion of a strategic $25m refinancing package with its principal financing partner, Coris Bank International, on Monday.
Helix identifies elevated helium levels in ongoing drilling
Helium explorer Helix Exploration announced the identification of significantly-elevated helium levels in the Amsden and Charles formations during its ongoing drilling operations on Monday.
Cornish Metals upbeat on Wide Formation drilling results
Mineral explorer and developer Cornish Metals announced promising results from the final eight drill holes of its 14-hole, 8,993-metre drilling programme at the Wide Formation target, located one kilometre south of the South Crofty tin project in Cornwall.
Atome losses widen as it progresses fertiliser projects
Green fertiliser developer Atome reported a first-half loss of $2. 8m in its unaudited interim results on Monday, slightly wider than the $2. 6m loss it recorded in the first half of 2023.
Union Jack Oil reports solid progress on US investments
Union Jack Oil updated the market on its rapidly-expanding activities in the United States on Monday, with the successful discovery at the Andrews 2-17 well confirmed as commercial following completion and testing.
Landore extends payment schedule for Thunder Bay properties sale
Landore Resources announced an extension of the payment schedule for the sale of its 100% interest in the Miminiska Lake and Keezhik Lake properties on Monday, located in Northern Ontario’s Thunder Bay Mining District, to Storm Exploration.
BATM H1 revenues flat, underlying earnings grow
Data and telecommunications technology firm BATM Advanced Communications said on Monday that interim revenues were broadly flat despite reporting "substantial growth" in its cyber unit.
EnergyPathways applies for Irish Sea gas storage licence
EnergyPathways announced on Monday that it has submitted a gas storage licence application to the North Sea Transition Authority (NSTA) for its proposed Marram Energy Storage Hub (MESH) project.
Diaceutics strikes 'groundbreaking' enterprise promotional partnership
Technology and solutions provider Diaceutics has struck a "groundbreaking enterprise promotional partnership" with a "leading biotech" firm worth up to £4. 3m over 18 months.