Aim Bulletin
Victoria Oil files for arbitration with ENEO over non-payment
Victoria Oil & Gas updated the market on the gas sales agreement between its wholly-owned subsidiary Gaz du Cameroun (GDC), and ENEO Cameroon, on Friday, reporting its termination of the supply deal due to non-payment.
Covid crisis hinders UniVision recovery
CCTV and surveillance company UniVision updated the market on its trading for the year ended 31 March and the first quarter of the new financial year on Friday, following its reduced revenues and margin in the first half of the 2020 financial year.
Vela shares surge on adjusted holding in North Peak Resources
Vela Technologies updated the market on its holding of North Peak Resources on Friday, following North Peak’s change of business transaction.
Draper Esprit to cash in from Zynga purchase of Peak Games
Technology-focussed venture capital company Draper Esprit said on Friday that interactive entertainment giant Zynga has acquired Peak Games, the Istanbul-based creator of Toon Blast and Toy Blast, for a total price of about $1. 85bn.
Power Metal making progress at Kisinka project
Metals exploration and development company Power Metal Resources updated the market on its 70%-owned Kisinka Copper-Cobalt Project on Friday, which is located around 30 kilometres east of the regional capital of Lubumbashi, in the southern part of the Katangan copper belt in the Democratic Republic of the Congo.
Jadestone launches arbitration against Inpex subsidiary
Asia-Pacific focussed oil and gas production company Jadestone Energy has started arbitration proceedings against Teikoku Oil Con Son - a wholly-owned subsidiary of Inpex Corporation - over Jadestone's acquisition of an interest in Block 05-1 PSC, offshore Vietnam, it announced on Friday.
Former Concurrent Technologies chair retiring from board
Computer board designer and manufacturer Concurrent Technologies announced on Friday that its former chairman, Michael Collins, intends to retire as a director and from the board on 30 September.
Dim T owner Tasty axes 284 jobs
AIM-listed restaurant operator Tasty said on Friday that it has made around 284 staff members redundant as footfall at its restaurants is expected to fall after reopening.
Staffline rebrands recently acquired Irish unit
Recruitment and training group Staffline has formally rebranded recently acquired Irish business Grafton Recruitment to Staffline Recruitment Ireland.
Fastjet warns of potential collapse unless flights resume
Shares in low-cost African airline Fastjet slumped on Friday after warning that the continued suspension of all flights and access to funding could cause the group to collapse.
Numis sees Q3 revenues 'materially ahead' of H1
Stockbroker Numis said on Friday that third-quarter revenues were materially ahead of the first half, with its investment banking and equities units delivering "strong" performances.
Trakm8 reaches deal on delayed contract
Global telematics and data insight provider Trakm8 has reached a deal to provide its fleet optimisation services to an unnamed "major UK food retailer".
Production falls but prices rise for Volga Gas in June
Russia-focussed oil and gas exploration and production company Volga Gas reported average production of 3,248 barrels of oil equivalent per day for June on Friday, which was 4% lower than in May.
Gresham House Energy acquires Bloxwich energy storage facility
Battery storage investor Gresham House Energy Storage Fund has acquired a 41MW operational energy storage facility, known as ‘Bloxwich’, from a group of investors led by Arenko Cleantech, in a deal worth at least £20. 1m.
Catenae inks pilot agreement with Botswana's Afrik-ID
Digital media and technology company Catenae Innovation has entered into a pilot agreement with Afrik-ID, to establish the commercial viability of its technology products in Botswana and across the Southern African Development Community (SADC).