Aim Bulletin
Horizonte draws down first tranche of senior finance for Araguaia
Horizonte Minerals has satisfied all conditions for the first drawdown under its $346. 2m senior secured project finance debt facilities, it announced on Thursday, and was now in receipt of the first tranche of funds.
Tern raises £1.5m to pay off loan, improve negotiating position
Technology investor Tern announced on Thursday that it had raised £1. 5m before expenses to improve its investment negotiating position, repay short-term debt, and for general working capital.
Galileo shares up on latest work at Kamativi
Galileo Resources updated the market on the reconnaissance mapping and sampling programme completed over the Kamativi Lithium Project in southwest Zimbabwe on Thursday.
MyCelx set to end year 'fully in line' with forecasts
Water and air technology developer MyCelx said in an update on Thursday that it was set to end the year trading “fully in line” with market expectations.
Inspirit agrees short-term working capital facility
Waste-heat recovery technology company Inspirit has entered into a short-term, unsecured debt facility of up to $0. 25m, it announced on Thursday, under which it would initially draw down $0. 08m.
Fiinu progressing to plan as it works towards banking launch
Fintech firm Fiinu further updated the market on its recent progress on Thursday, as well as its current priorities for the rest of its “mobilisation phase”.
Strong momentum continues through Netcall's first half
Automation and customer engagement software specialist Netcall said in an update on Thursday that its “solid trading momentum” continued through the first half, in line with expectations.
Borders & Southern granted extensions to Falklands licences
Borders & Southern Petroleum announced the extension of its production licences PL018, PL019, PL020 in the Falkland Islands on Thursday, including the Darwin Discovery Area.
Anglo Asian upbeat on latest Gilar drill results
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced drill results from the Gilar deposit on Thursday, confirming more than 60 metres of “thick and continuous” gold and copper mineralisation.
Greatland Gold reports more progress at Havieron
Greatland Gold updated the market on recent exploration and development at its Havieron gold-copper project in the Paterson region of Western Australia on Thursday.
Focusrite FY pre-tax profits slip as costs rise
Music and audio products group Focusrite said on Thursday that full-year pre-tax profits had fallen amid an uptick in costs.
Aferian FY results seen in line with previous guidance
Video streaming services company Aferian said on Thursday that full-year group trading was in line with both internal expectations and previous guidance.
Vertu Motors to buy Helston Garages for £117m
Car dealership Vertu Motors said on Thursday that it has agreed to buy Helston Garages for £117m.
Mission Group acquires sports marketing agency Influence
Advertising firm Mission Group has acquired sports marketing agency Influence Sports & Media for an initial consideration of £1. 5m.
In The Style considers sale; swings to interim loss
Womenswear brand In The Style said on Thursday that it was launching a strategic review, which could include a possible sale of the company, as it announced the departure of its chief executive and a swing to an interim loss.
Purplebricks on track for FY even as first-half losses widen
Online estate agency Purplebricks reported a widening of its first-half losses on Thursday but said it was on track to meet full-year expectations as its turnaround plan was being delivered "at pace".