Company News
European Metals shares plummet amid Czech memorandum termination
European Metals Holdings attempted to alleviate shareholder concern after its shares fell over 20% on Friday following an announcement from the Czech government.
Altus Strategies to embark on private placement to fund exploration
Altus Strategies announced a non-brokered private placement on Friday, offering shares and warrants to a minimum of C$2. 5m and a maximum C$5m.
i3 Energy issues new shares in $0.5m loan conversion
Oil and gas production and development company i3 Energy issued 1. 5m ordinary shares after James Caird Asset Management exercised convertible loan notes worth $500,000.
Linda Palanza elevated to CEO at OneView
Digital point-of-sale, inventory management and enterprise promotions provider OneView Group announced on Friday that, as part of the board's succession planning, Linda Palanza - its current chief operations officer - has accepted the role of CEO, effective immediately.
Harvey Nash pleased with performance ahead of full results
Technology recruitment and outsourcing group Harvey Nash updated the market on its trading on Friday, in advance of its final results for the year ended 31 January, which the board said were expected to be in line with market expectations.
REACT Group gets another London hospital service contract
Rapid response deep cleaning and emergency decontamination services provider REACT Group announced on Friday that its subsidiary, REACT Specialist Cleaning, has signed an additional service contract with a major facilities company for the provision of deep cleaning services for an unnamed major London hospital - the same hospital as the initial contract announced on 11 September last year.
Verona Pharma's share prices climb almost 20% after trial results
Verona Pharma’s shares leapt after it announced on Friday that it had obtained “favourable” top line data from its most recent clinical trials for a treatment of cystic fibrosis (CF).
Broker Beaufort Securities declared insolvent by FCA
City broker Beaufort Securities and its clearing house, Beaufort Asset Clearing Services, have been declared insolvent by the Financial Conduct Authority.
Galileo Resources sees 'positive results' from Zambian drill programme
AIM-listed exploration and development company Galileo Resources has returned positive results from three of its first four drill holes at its Zambian Star Zinc project in Zambia.
Debenhams takeover chat grows louders as Sports Direct increases stake
Sports Direct talked about "huge value" combining online functions with Debenhams rather than takeovers as the Mike Ashley-run sports retailer upped its stake in the department store group to 29. 7%.
Sales volumes surge as Gear4music invests in expansion
Online musical instruments and equipment retailer Gear4music Holdings posted a year-end trading update for the 12 months ended 28 February on Friday, reporting a 43% increase in total revenue following continuing strong growth in the UK and Europe.
PCF Group trading 'strongly' ahead of interim numbers
Investors in specialist bank PCF Group were told that the company was trading strongly and in line with management expectations on Friday, as they gathered for its annual general meeting in London.
Plus500 founders pocket £80m after offloading 6% stake
The five founders of AIM-listed online trading platform Plus500 have sold 7. 27 million shares in the company - a 6% stake - pocketing gross proceeds of £80m.
Mothercare in talks over financing options
Mothercare has begun talking to its lenders and investors as borrowings are expected to breach bank limits in coming months, with profits likely to come in at the lower end of previous guidance.
E.on sneaks out price rise on coldest spring day on record
Energy provider E. on on Friday snuck out a price rise for customers on its standard variable tariff on one of the coldest spring days since records began.
Holders Technology switches to profitability and benefits from euro strength
Holders Technology announced on Friday that it has returned to profitability, with profits after tax of £17,000 for the year to the end December, compared with a loss of £395,000 in 2016.
United Oil bags 20% stake in Tullow's Jamaican prospect
Exploration and development company United Oil and Gas has completed the farm-in and transfer of a 20% interest in operator Tullow Oil's Walton-Morant Licence, located offshore Jamaica.
Range Resources boosts Trinidad production on improved flowrates
AIM-quoted exploration and production company Range Resources increased average net oil production to 777 barrels of oil per day in January, a 23% uptick on its most recent quarter, after completing work to increase the water injection rate at its Trinidad operations.
Pan African ups guidance ahead of production at Elikhulu plant
Precious metals producer Pan African Resources issued updated guidance after kicking off production at its Elikhulu tailings retreatment plant in South Africa, with the firm expecting the ramp up to full production of around 55,000 ounces per year to take no longer than two months.
UK warns of 'serious damage' as Trump steams ahead with trade tariffs
Trading partners of the United States have reacted angrily to the White House plans to impose tariffs on steel and aluminium imports.