Aim Bulletin
Reabold to invest another £1m in Corallian Energy
Upstream oil and gas project investor Reabold Resources has entered into a conditional convertible loan instrument with Corallian Energy, under which it would advance £1m to Corallian.
CentralNic to acquire Wando for EUR 5.4m
Domain name and web services provider CentralNic Group has entered into a binding agreement to acquire Wando Internet Solutions for initial consideration of €5. 4m (£4. 67m), it announced on Monday.
Phoenix Copper draws down £2m facility for Empire Mine development
North America-focussed base and precious metals producer Phoenix Copper has drawn down on a £2m debt facility, it announced on Monday, to accelerate development of the Empire Mine open pit copper project in Idaho.
Chariot signs collaboration deal with Schlumberger alliance
Africa-focussed energy company Chariot Oil & Gas has signed a collaboration agreement with Subsea Integration Alliance, it announced on Monday, to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois Gas Development project in Morocco.
Litigation Capital secures new $50m credit facility
Alternate asset manager and dispute financier Litigation Capital Management announced on Monday that it has secured a $50m credit facility with Northleaf Capital Partners, to provide it with additional investment capital.
Condor Gold begins drill programme at Cacao prospect
Condor Gold has started a 5,000 metre diamond drill programme at the Cacao prospect of La India Project in Nicaragua, it announced on Monday.
Tertiary begins drilling at Lucky Copper Project
Tertiary Minerals announced that drilling was scheduled to start on Monday on its Lucky Copper Project in Nevada.
Clear Leisure raises £1m for cryptocurrency development plans
Clear Leisure has raised £1m before expenses, it announced on Monday, to accelerate the development of its cryptocurrency plans.
Solid State trading remains 'robust', FY profits expected to beat forecasts
Computing and power products manufacturer Solid State said on Monday that trading since the half-year had continued to be "robust", with revenues expected to be broadly in line with forecasts and profits anticipated to be ahead of consensus estimates.
President Energy sees FY turnover fall amid oil price slump
South America-focussed energy company President Energy said on Monday that full-year turnover had slumped 32% year-on-year.
OnTheMarket turns a profit amid pandemic
Online property portal operator OnTheMarket said on Monday that revenues and adjusted operating profits for the year ended 31 January were expected to be no less than £22. 5m and £1. 5m, respectively.
Resilient salmon market underpins Benchmark's first quarter
Aquaculture company Benchmark reported an 18% rise in first quarter revenue from continuing operations on Monday, to £29m, which it put down to a 32% uptick in advanced nutrition revenue.
Image Scan continues to be adversely impacted by Covid-19
X-ray imaging specialists Image Scan warned on Monday that the Covid-19 pandemic had continued to have an adverse impact on the overall level of orders, particularly in security.
Randall & Quilter makes solid progress with programme management
Speciality insurance company Randall & Quilter updated the market on its programme management business for 2020 on Monday, reporting a 46% increase in gross written premiums to $538. 9m (£385. 04m).
Avacta clarifies reports on potential use of its Covid-19 test
Avacta Group responded to some press speculation on take-up of its lateral flow SARS-CoV-2 rapid antigen test for Covid-19 by the UK government on Monday.