Small Caps News
Mkango shares surge on HyProMag USA feasibility study
Mkango Resources announced the results of a feasibility study for its HyProMag USA project on Monday, which it described as a rare earth magnet recycling and manufacturing operation planned for the US.
DSW Capital upgrades outlook after strong first half
DSW Capital reported a resilient performance for the six months ended 30 September on Monday, with results in line with expectations and momentum building in merger and acquisition activity.
MTI Wireless Edge reports stable third quarter
MTI Wireless Edge reported stable revenue and improved profitability for the nine months ended 30 September on Monday, positioning itself for continued growth in its key markets, particularly defence and 5G.
Hummingbird starts production at Kouroussa, cash flow strains remain
Hummingbird Resources announced on Monday that its Kouroussa Gold Mine in Guinea had reached commercial production, although its shares plunged as it also warned of ongoing cash flow issues.
Metals Exploration to beat 2024 gold production, cost guidance
Philippines-focussed gold producer Metals Exploration announced on Monday that gold production for 2024 at its Runruno Project was expected to exceed guidance.
Good Energy extends deadline for potential takeover by Esyasoft
Good Energy Group announced an extension to the deadline for Esyasoft to decide on a potential takeover bid for the company on Monday.
Software Circle agrees new £16.7m loan facility
Software Circle announced a new loan facility agreement with Shawbrook Bank on Monday, securing up to £16. 7m in financing.
Falcon Oil upbeat on spudding of Beetaloo well
Falcon Oil & Gas announced the spudding of the Shenandoah S2-4H (SS4H) horizontal well in the Beetaloo Sub-basin of Australia’s Northern Territory on Monday.
Quadrise inks collaboration agreement with Aquamarine
Energy solutions business Quadrise said on Monday that it has struck a collaboration agreement with marine fuel supply systems group Aquamarine.
Journeo receives two purchase orders
Technology group Journeo said on Monday that it has received further purchase orders to supply and install the first tranche of safety systems on RATP buses within the Transport for London fleet.
Synectics wins two oil and gas contracts
Security and surveillance systems firm Synectics has been awarded two contracts for oil and gas contracts in Qatar and Brazil, totalling £2. 3m.
Thor gets cash injection from tax credits, fluorite rights sale
Thor Energy announced the receipt of payments amounting to AUD 0. 41m (£0. 21m) on Monday, from a combination of a research and development tax rebate and proceeds from a partial licence sale within the Molyhil Joint Venture.