Company News
Eve Sleep's 130pc growth better than its wildest dreams
Strong trading momentum witnessed in the first half carried over into the second half of Eve Sleep's trading year, with the mattress maker's revenues expected to grow roughly 130% year-on-year.
Karelian Diamond keen to find diamond source in Finland
Karelian Diamond Resources, the diamond exploration company focused on Finland, stressed its priority of underground source of a rare diamond discovered in a till exploration sample, as it plans to consolidate its shares.
Stagecoach pleased with DfT direction for rail franchises, others cry 'bailout'
Stagecoach Group issued a statement on Wednesday welcoming the planned “new direction” for the UK rail network, as announced by the Secretary of State for Transport.
Drilling at BKM Copper project in Indonesia returns high-grade copper results
Asiamet has announced the discovery of high-grade copper from eight of nine holes at the BKM Copper Project in Indonesia.
Coinsilium Group acquires 30% equity stake in StartupToken
Coinsilium Group, the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, has acquired a 30% equity stake in StartupToken Limited, a provider of of accelerator and advisory services to technology start-ups and companies looking to undertake Token Generation Events, the firm announced on Wednesday.
Thursday preview: Results from DMGT, Greene King and Marston's; Eurozone inflation, UK confidence
Companies reporting on Thursday include DMGT, Grainger, Greene King and Marston's, while the big macro data will be European consumer prices, along with some official Chinese data, German unemployment and US PCE inflation.
Globalworth Asset Managers SRL to acquire shares in Griffin Premium
AIM-listed real estate company Globalworth Real Estate Investments has announced on Wednesday that the tender offer in relation to its subsidiary, Globalworth Asset Managers SRL’s conditional investment agreement to acquire a stake in the capital of Griffin Premium, has become unconditional in all respects.
Vela Technologies invests 10,000 common shares in BTL Group
The Board of Vela Technologies, the investing company, announced the sale of 10,000 common shares in BTL Group, on 28 November 2017, at a price of approximately CAD$8. 20 per share.
Tri-Star invests $6m to Strategic & Precious Metals Processing
The technology and mineral processing company, Tri-Star, invested an additional $6m via a mezzanine loan to Strategic & Precious Metals Processing, in which it has 40% equity interest, to enable further development of the Oman Antimony Roaster Project in Oman, it has emerged on Wednesday.
Mkango Resources awarded prospecting licence for Chimimbe Hill
Mkango Resources has been granted an exclusive prospecting licence covering the Chimimbe Hill nickel-cobalt deposit and other targets in Mchinji district, central Malawi, it announced on Wednesday.
European Metals raises £2,281,000 for Europe's largest lithium resource
European Metals, the Australian and UK-listed mineral exploration and development company reported Wednesday it had raised £2,281,000 to advance the on-going definitive feasibility on the Cinovec deposit, Europe's largest lithium resource, and for general working capital.
Ortac Resources uncovers gold of 'significant grades' at DRC's Akyanga
Exploration and development company Ortac Resources intercepted further gold from two drill holes at its Akyanga gold deposit in the Democratic Republic of the Congo.
Creo Medical Group says Speedboat RS2 device used by a second gastroenterologist
Creo Medical Group said Wednesday that its multi-modality endoscopic device, Speedboat RS2, has been used by a second gastroenterologist at a second NHS site to treat patients.
Cost savings programme brings ECSC in line with market expectations
AIM-listed cybersecurity firm ECSC Group said on Wednesday that after the successful completion of its previously announced cost reduction programme, and having secured two significant managed services contracts, trading performance had lined up with market expectations.
Plutus brings two new power generation facilities online
Flexible energy generation-focussed power developer Plutus Powergen has brought a further two new power generation facilities into operation in the UK, it announced on Wednesday.
Oxford Pharmascience upbeat on latest OXPzero advice
Specialty pharmaceutical redeveloper Oxford Pharmascience has received pre-IND scientific advice from the US FDA, it announced on Wednesday, regarding the development programme requirements likely to be needed to support a future new drug application for an over-the-counter product containing OXPzero Ibuprofen.
Futura Medical begins recruitment for erectile gel study
Transdermal technology-focussed healthcare company Futura Medical announced on Wednesday that recruitment has commenced for its pharmacokinetic (PK) study of MED2002 - its novel gel for the treatment of erectile dysfunction.
Drill this way: Faroe takes first steps on Aerosmith well
The independent oil and gas company Faroe Petroleum has begun drilling at the Iris/Hades exploration well, known as Aerosmith, in licences PL644/PL644B, in which it has a 20% interest.
Versarien almost halves interim losses as revenue surges 167%
Advanced engineering materials group Versarien nearly cut losses in half as revenues increased by 167% across the group in its first half of trading.
Redcentric narrows losses, bouncing back from accounting misstatement drama
AIM-listed IT management services group Redcentric narrowed losses in its first half despite a slight downturn in revenue.