Aim Bulletin
Savannah Resources still awaiting government approval
While waiting for the outcome of an analysis by the Mozambique government, diversified resources group Savannah Resources said it was making "progress" in carrying out "critical work" at its Mutamba project.
Tatton Asset Management reports rising assets and replaces finance chief
Fund management and financial advice firm Tatton Asset Management demonstrated strong investment returns with the release of an un-audited year end update for the 12 months preceding 31 March.
Quartix 'delighted' to win enterprise award for road safety product
Vehicle tracking provider Quartix Holdings was awarded a Queens Award for the outstanding results of its SafeSpeed database on Saturday.
Summit Therapeutics discovers antibiotic candidates for gonorrhoea cure
Biopharmaceutical company Summit Therapeutics highlighted its discovery of new mechanism antibiotic candidates for the treatment of gonorrhoea and said it will select a candidate to enter investigational new drug-enabling studies during the second half of the year.
Angus Energy completes financing for Balcombe acquisition
Conventional oil and gas production and development company Angus Energy has issued a £3m unsecured convertible security at an interest rate of 0%, completing the financing for its acquisition of a 25% interest in PEDL244 on the Balcombe Licence.
Supreme eyes AIM float funds to power up battery and vaping growth
E-cigarette liquid manufacturer and battery distributor Supreme plans to raise some new cash as it floats on London's AIM junior market next month, with Grant Thornton as nominated adviser and Berenberg broker.
GBGI Limited's rising revenue fail to offset 'disappointing' Angolan business
GBGI Limited’s shares plummeted on Monday after the company reported that its profits suffered in 2017 as rising numbers of claims and the impairment on its Angolan business undid revenue progress.
Kromek awarded funding to deliver low-dose breast imaging technology
Radiation detection company Kromek has been awarded funding from Innovate UK for a three-year programme to deliver, in partnership with Newcastle-upon-Tyne Hospitals NHS Foundation Trust, a low-dose molecular breast imaging (LDMBI) technology based on its CZT-based SPECT detectors.
Driver Group enters sale-and-leaseback agreement on its central offices
Construction and engineering professional services consultancy Driver Group has entered into an agreement with Jetglobal for the sale of the freehold property interest in the group's central administration offices located in Haslingden, Lancashire, and the immediate leaseback of those premises, it announced on Monday.
FairFX swings to profit as aggressive expansion plans continue
Electronic banking and international payments group FairFX issued its audited full-year results for the year ended 31 December on Monday, reporting group turnover of more than £1. 1bn - an increase of 41%.
Paragon Entertainment warns on 2017 profit, begins immediate restructure
Attractions design, production and fit-out business Paragon Entertainment updated the market on its trading on Monday, warning shareholders of a dip in previously-anticipated profits for the 2017 calendar year.
InfraStrata strikes deal to work on Costain's Islandmagee project
Gas storage company InfraStrata has entered into a contract with Costain to carry out the surface element of the front-end engineering design for the Islandmagee gas storage project, it announced on Monday.
Losses widen as 4D Pharma focuses on investment
Biotherapeutics-focussed pharmaceutical company 4D Pharma issued its final results for the year ended 31 December on Monday, reporting net assets of £69. 8m at year-end, down from £86. 5m a year earlier.
Echo Energy hails success of second well workover in Argentina
Oil and gas company Echo Energy has completed a successful workover on a second well in Argentina, resulting in a combination of oil and water rising to the surface.
Panthera Resources granted Malian exploration licence
Resource exploration and development firm Panthera Resources announced on Monday that it has been granted an exploration licence for the Bassala project area in Mali.
Midatech narrows losses ahead of 2018 'inflection points'
Pharmaceutical company Midatech Pharma narrowed losses in its most recent trading year as gross revenues expanded just short of one-third on an improved US sales performance.
Origo repays loan and sells Jinan interest to tackle running costs
Investment firm Origo Partners announced on Monday that it has repaid in full the $2. 5m loan that it entered into in December 2015.
Harwood Wealth Management scoops up retirement specialists Plan65
Financial planning firm Harwood Wealth Management has acquired the assets of retirement solutions specialist Plan65 LTD, according to an announcement on Monday.
7Digital wins trio of contracts and launches US advisory board
B2B digital music firm 7Digital Group saw contracts with a lifetime value of £2. 3m agreed in the first quarter as licensing revenues for the period grew 125% to £3. 6m compared to previous year.
Canaccord initiates coverage on kettle maker Strix with 'buy' rating
With high margins, low capital intensity and strong cash conversion, kettle controls manufacturer Strix looked like an attractive prospect to Canaccord Genuity's analysts, pressing the button on a 'buy' rating for the AIM-quoted firm on Monday.