Aim Bulletin
Asimilar Group raises stake in Dev Clever
Technology-focussed investment company Asimilar Group updated the market on its investment in Dev Clever on Tuesday.
Echo Energy restructures debt, raises £0.7m
Latin America-focussed upstream oil and gas company Echo Energy updated the market on operations from its 70% non-operated working interest in the Santa Cruz Sur assets, onshore Argentina on Tuesday, and announced a further restructuring of its corporate debt as well as a £0. 7m fundraise.
San Leon upbeat on Barryroe farm-out
San Leon Energy updated the market on the Barryroe oil and gas field on Tuesday, confirming that Providence Resources had entered into a farm-out agreement for the licence covering Barryroe.
Scotgold pours first gold at Cononish
Scotland-focussed exploration and production company Scotgold Resources announced on Tuesday that first gold had been poured at its “high-grade, low-cost” Cononish gold and silver mine in the Scottish Grampian Mountains area.
Oracle Power and Emirati sheikh choose not to pursue Guinea project
Natural resource and power project developer Oracle Power announced on Tuesday that, further to its announcement on 29 July, both its board and the Office of His Highness Sheikh Ahmed Dalmook Al Maktoum were working “closely” on the evaluation of potential mining opportunities in Africa.
Van Elle trades 'slightly ahead' of assumptions in tough first half
Ground engineering contractor Van Elle updated the market on its first half on Tuesday, reporting that trading during the first quarter was “heavily disrupted” by Covid-19, following a low point in the final month of the 2020 financial year, April, in which 80% of revenues were lost.
Equals warns of delayed recovery in payments business
International payments group Equals said on Tuesday that it had witnessed continued financial and operational progress across the company but warned that its payments business would take some time to recover from the Covid-19 pandemic.
Bigblu Broadband trades in line with FY expectations
Broadband provider Bigblu said on Tuesday that trading for the year ended 30 November was in line with expectations.
Enwell Energy secures 20-year extension to Mex-Gol licence
Oil and gas exploration and production company Enwell Energy announced the grant of an extension of its Mekhediviska-Golotvshinska (Mex-Gol) production licence in north-eastern Ukraine on Tuesday.
Fulcrum nets £4.8m from second tranche of domestic gas asset sale
Fulcrum Utility Services updated the market on the sale of its domestic customer gas connection assets and associated meters to ES Pipelines (ESP) on Tuesday, confirming the transfer of the second tranche of connection assets on 30 November, for a total consideration of £4. 8m.
Helios confirms capacity increase for 2021
Lloyd’s underwriting capacity investor Helios updated the market on its capacity portfolio, and its value for the 2021 year of account, on Tuesday, confirming that its capacity for 2021 would be £110m.
Deltic Energy formally awarded six new North Sea licences
North Sea-focussed natural resources investment company Deltic Energy reported on Tuesday that, further to the provisional award of new licences in the UK's 32nd Offshore Licensing Round in September, six new licences comprising 12 blocks had now been formally awarded by the Oil and Gas Authority.
Beowulf upbeat on results from Kosovo's Wolf Mountain
Mineral exploration and development company Beowulf announced results from additional induced polarisation and resistivity surveys undertaken by Vardar Minerals on Tuesday, over the Wolf Mountain lead-zinc prospect, which forms part of the Mitrovica Project in northern Kosovo.
Brickability acquires radiator valves distributor
Construction materials manufacturer Brickability acquired West Midlands-based radiator valves distributor Bathroom Barn on Tuesday for £645,000.
Eqtec names Jeff Vander Linden as COO
Gasification technology group Eqtec tapped Jeff Vander Linden to take over as chief operating officer on Tuesday, with immediate effect.
Deepverge FY revenues on track to meet guidance
Scientific research firm Deepverge gave investors an update on its revenue performance on Monday.