Aim Bulletin
KEFI Minerals prepares for development at Ethiopian asset
AIM-listed copper ores company KEFI Minerals has appointed itself a new head of project implementation as the company ramps-up preparations for the development of its Tulu Kapi gold project in Ethiopia.
FDA accepts new drug application for Motif Bio's iclaprim
Clinical-stage biopharmaceutical company Motif Bio announced on Tuesday that the US Food and Drug Administration has accepted for filing its new drug application (NDA) for iclaprim - a targeted, gram-positive investigational antibiotic, for the treatment of acute bacterial skin and skin structure infections (ABSSSI).
SalvaRx offloads immuno-oncology assets to Portage Biotech
AIM-listed biotechnology company SalvaRx has entered into a conditional sale agreement that would see the Cambridgeshire-based firm offload its immuno-oncology assets to Portage Biotech.
Telit Communications appoints Italian telecommunications expert as chairman
Telit Communications on Tuesday made several board alterations after appointing Paolo Dal Pino as independent non-executive chairman, with effect from 1 September.
TransGlobe swings to a profit in second quarter
Canadian oil and gas firm TransGlobe Energy swung to a profit in the first half of the year as production volumes came in flat after a slower second quarter.
Gulfstream chooses ClearStar as preferred labour screening provider
Background check technology and service provider ClearStar has been named the preferred contract labour screening provider by Gulfstream Aerospace Corporation, which designs, manufactures and supports business-jet aircraft, it announced on Tuesday.
D4T4 Solutions wins a series of new contracts
Data solutions provider D4T4 Solutions reported a number of new contract wins in key vertical sectors for its data management and data collection business areas during the first months of the current year on Tuesday.
Touchstone to expand further after programme boosts production and sales
Touchstone Exploration on Tuesday reported that it will follow the strong production growth of the first half of the year with drilling campaigns before the start of next year.
Altus Strategies reports good copper and gold results at Daro
Africa-focussed exploration project generator Altus Strategies updated the market on its exploration activities at its 100%-owned 411. 7 square kilometre Daro copper-gold project in the Tigray province of northern Ethiopia on Tuesday.
Galileo confirms start of second drilling programme at Star Zinc
Galileo Resources announced the commencement of a second diamond-drilling programme on its “highly prospective” 85%-owned Star Zinc Project in Zambia on Tuesday.
Wolf Minerals executes necessary agreements to start funding flow
Specialty metals producer Wolf Minerals has now executed all necessary full form standstill and amended and restated agreements relating to its debt facilities with its existing senior lenders and bridge loan facility with Resource Capital Fund VI, it announced on Tuesday, to support its short-term working capital requirements until 28 October.
Condor Gold narrows losses in first half
AIM-listed exploration and development company Condor Gold narrowed losses in the first half of its trading year following the pre-revenue firm's successful secondary listing on the Toronto Stock Exchange.
React raises £420,000 via share placing
React Group has conditionally raised £420,000 via the placing of 140m shares of 0. 3p each in order to strengthen its balance sheet and provide additional working capital.
Netcall secures £1.6m contract renewal with UK bank
AIM-listed Netcall has secured a minimum £1. 6m three-year contract renewal with a "leading" UK bank for its low-code platform, MATS.
LoopUp revenues boosted by MeetingZone acquisition
Remote meetings company LoopUp saw group revenues rise more than a third in the first half of its trading year, boosted by the group's recent acquisition of MeetingZone.
'Disciplined' H&T scores growth across the board
Pawnbrokers H&T Group on Tuesday reported growth in all of its key revenue streams as pre-tax profits climbed 11%.
Lower portfolio gains see Tekcapital profits fall
Intellectual property investment group Tekcapital on Tuesday reported that interim pretax profits plummeted due to prior portfolio company valuations, despite a rise in revenue from services.
Origin completes one Brazil investment, makes progress with another
Agricultural services group Origin Enterprises has completed the acquisition of a 65% controlling interest in the Brazil-based speciality nutrition and crop inputs business Fortgreen Commercial Agricola, following the satisfaction of all conditions, it announced on Tuesday.
Falanx finally reaches EBITDA profitability after year-end
Cybersecurity and intelligence services provider Falanx Group issued its audited results for the year ended 31 March on Tuesday, reporting revenues of £3. 0m, up from £2. 7m, and an improved gross margin of 31%, compared to 20% in the prior year.
Marshall Motor first-half profit rises despite dip in revenue
Marshall Motor posted a small rise in first-half underlying profit on Tuesday even as revenue edged down.