Small Caps News
Primorus Investments invests in Pri0r1ty AI
Primorus Investments announced a new strategic investment on Friday, subscribing for 18,100,000 ordinary shares in Pri0r1ty AI for £0. 3m.
ECR Minerals mulls expansion into US helium market
ECR Minerals, an exploration and development company traditionally focused on gold in Australia, announced on Friday that its board was exploring potential investments in producing helium assets in the United States.
Longboat Energy to change name amid south east Asia focus
Longboat Energy, an exploration and production company focused on south east Asia, updated the market on its strategy and operations on Friday, and also announced a planned name change.
Falcon Oil starts 2024 Beetaloo drilling programme
Falcon Oil & Gas announced the start of its 2024 drilling programme in the Beetaloo Sub-basin of Australia’s Northern Territory on Friday, with the spudding of the Shenandoah South 2H (SS2H) horizontal well.
Jaywing revenue falls but adjusted earnings rise
Shares in data science and marketing company Jaywing were jumping on Friday, as it reported its audited financial results for the year ended 31 March.
Bigblu revenue slips as it moves customers to higher-value packages
Bigblu Broadband reported a decline in first-half revenue on Friday, to £11. 2m from £13m in the same period last year, reflecting a strategic decision to migrate customers onto higher-value packages.
Bisichi shares rally as H1 profits jump
Shares in South African coal miner Bisichi soared by more than a third on Friday after the company reported a significant jump in half-year profits, as production more than double while costs fell.
Filtronic wins $8.4m contract with SpaceX
Communications equipment company Filtronic said on Friday that it had won a contract with SpaceX valued at $8. 4m.
Vela Technologies reports big drop in asset value
Vela Technologies, an AIM-listed company focussed on early-stage and pre-IPO disruptive technology investments, reported a significant decrease in its asset value for the quarter ended 30 June on Friday.
Zenova reports solid momentum as interim loss narrows
Fire safety and heat management technology specialist Zenova Group reported significant first-half strides in its interim results on Friday, despite a challenging financial backdrop.
Beowulf reports substantial first-half progress
Mineral explorer and developer Beowulf Mining reported substantial progress across its portfolio in its interim results on Friday, particularly in advancing its key projects at Gállok in Sweden and the Graphite Anode Materials Plant (GAMP) in Finland.