Small Caps
Salt Lake Potash paves way for Mitsubishi offtake agreement
Mineral explorer Salt Lake Potash has signed a memorandum of understanding with Mitsubishi for the first formal sulphate-of-potash offtake agreement concerning its Goldfields Salt Lakes project.
Directa Plus successfully completes Grafysorber tests at OMV Petrom
Producer and supplier of graphene-based products for use in consumer and industrial markets, Directa Plus, announced the successful completion of industrial field testing of Grafysorber at an oil treatment plant of OMV Petrom - a Romanian integrated oil and gas company and one of the largest in Southern Europe - on Monday.
Due date for Kubera disposal extended to end of May
Kubera Cross-Border Fund announced on Monday that, further to its announcement in late December and under the terms of a share purchase agreement dated last March, the long stop date for the disposal of the entire equity stake held in Planetcast Media Services has been further extended to 30 May.
Location Sciences completes work programme for Wren Kitchens
Mobile location and data intelligence company Location Sciences Group announced the completion of its first programme of work under the Google Location Services Provider (LSP) certification for Wren Kitchens on Monday.
AfriTin signs memorandum of understanding with MRI Trading
AfriTin Mining announced the signing of a non-binding memorandum of understanding with MRI Trading on Monday, for an artisanal buying operation for tin concentrate in Namibia.
Halozyme Therapeutics ends collaboration agreement with Abzena
AIM-listed life sciences group Abzena said on Monday that its collaboration and licence agreement with Halozyme Therapeutics relating to the use of its ThioBridge linker technology for the development of antibody drug conjugate products has been terminated.
Union Jack Oil struck by 'frustrating' planning permission delays
Planned developments have hit a snag at Union Jack Oil’s partially-owned North Kelsey Prospect after a planning application for a new well was deferred.
CIP completes first investment in Coro Energy
CIP Merchant Capital announced on Monday that, following Coro Energy’s announcement earlier in the day noting its readmission to trading on AIM and the completion of its acquisition of Sound Energy Holdings Italy, and its associated placing in which CIP participated, it had now completed its first investment.
LightwaveRF anticipating bigger loss as it undergoes restructure
Smart home solutions provider LightwaveRF updated the market on its trading for the six months ended 31 March on Monday, reporting that it expected first half revenue to be broadly in line with the prior year, which was £1. 2m, with gross margin increasing to over 40% from 39. 4%.
Strat Aero invests £0.25m in Gyrometric Systems
AIM-listed Strat Aero has agreed to buy 37% of the enlarged share capital of Gyrometric Systems for £0. 25m in cash.
Avanti Communications shares plunge as restructure deal unveiled
Shares in satellite firm Avanti Communications fell by almost a third on Monday after the AIM-quoted firm said it needed to raise more cash or default on its debts and face possible insolvency.
Keywords Studios reports strong profits growth, more acquisitions
Acquisitions in Paris, Mexico City, Seattle and Madrid saw Keywords Studios increase revenues and adjusted profits 57% last year and express optimism about further growth in 2018, with three new purchases unveiled.
Armadale Capital raises £0.9m for Tanzania study
Natural resource investor Armadale Capital said it had raise £0. 963m through a placing of 58. 4m new shares at 1. 65 pence each with new and existing investors in the UK and Australia.
Solo Oil aims for second target with new Tanzania well
Oil and gas investor Solo Oil announced on Monday that it intends to test a second target at its Ruvuma Petroleum Sharing Contract (Ruvuma PSC) project in Tanzania with the construction of a new well.
Sirius Real Estate's organic growth driven by strong tenant demand
Business parks operator Sirius Real Estate saw strong tenant demand, combined with specific asset management initiatives, generate an "encouraging increase" in organic rental growth over its most recent trading year.
AFH completes acquisition of Lifetime Investment and Seminar Services
Planning-led wealth management firm AFH Financial Group announced the completion of the acquisition of the client portfolios of Lifetime Investment and Seminar Services based in South Yorkshire on Monday.
OneView signs SaaS agreement with Australia Post
OneView Group, an AIM-listed provider of digital point of sale (POS), has signed a multi-year SaaS agreement with Australia Post for its loud POS framework and enterprise promotions module, to support a mobile point of sale solution.
Ariana Resources upbeat on resource upgrade at Tavsan
Exploration and development company Ariana Resources announced a JORC resource update for the Tavsan Project on Monday.
Sound Energy completes disposal of Italian subsidiary
AIM-quoted upstream company Sound Energy completed the divestment of its Italian subsidiary to Coro Energy on Monday morning after its shareholders were issued with their pro-rata entitlement to the consideration payable.
Cora Gold completes full reconnaissance drill programme at Tekeledougou
West Africa-focussed gold exploration company Cora Gold has completed the first reconnaissance drill programme at the highly prospective Tekeledougou Gold Project in southern Mali, it announced on Monday.