Small Caps News

LBG Media finance chief permanently steps down
Online content publisher LBG Media confirmed on Thursday that chief financial officer Richard Jarvis has stepped down and left the business with immediate effect.

Oracle set to restart drilling at Northern Zone gold project
Oracle Power said on Thursday that it is set to restart drilling at its Northern Zone gold project in Western Australia, with a new campaign scheduled to begin in March.

Gattaca delivers 'robust' H1 performance
Staffing business Gattaca said on Thursday that it had delivered a "robust performance" in the six months ended 31 January, in line with expectations.

ECR Minerals reports keen interest in sale of Aussie tax losses
ECR Minerals said in an update on Thursday that it remains in advanced discussions with Octo Holdings regarding the proposed sale of its wholly-owned subsidiary Mercator Gold Australia (MGA), which holds its accumulated Australian tax losses.

Conroy Gold flags significant progress at Discs of Gold project
Conroy Gold reported significant progress in its ‘Discs of Gold’ project in Ireland on Thursday, with its re-logging programme at Clontibret well advanced and the construction of a 3D geological model underway.

Avingtrans subsidiary wins new HS2 supply contract
Critical components manufacturer Avingtrans said on Thursday that its Booth Industries subsidiary had secured a new £4. 5m contract to supply pressure-rated fire doors for HS2.

Thruvision still seeking suitor as it slashes revenue guidance
Security scanning technology specialist Thruvision lowered its revenue guidance for the financial year ending 31 March on Thursday, as key contract opportunities were now expected to start in the next financial year.

Oriole completes fifth phase of drilling at Bibemi
Oriole Resources announced on Thursday that it has completed its phase five drilling programme at the Bibemi gold project in Northern Cameroon, where joint venture partner BCM International was earning an increased interest through exploration funding.

Empire Metals progresses flowsheet development for Pitfield Project
Empire Metals reported progress in developing a processing flowsheet for its Pitfield Project in Western Australia on Thursday, with test work confirming the viability of extracting high-grade titanium dioxide from the mineralised weathered cap.

Falcon Oil reports progress on Beetaloo stimulation campaign
Falcon Oil & Gas updated the market on its stimulation campaign in the Beetaloo Sub-basin of Australia’s Northern Territory on Thursday, where it is working alongside joint venture partner Tamboran B2.

ITM Power signs new NEPTUNE V supply contract
Energy storage and clean fuel business ITM Power said on Thursday that it has signed a new contract to supply four of its NEPTUNE V units to multi-energy producer La Française de l'Energie.

Applied Nutrition trades ahead of guidance in H125
Supplements business Applied Nutrition said on Thursday that its H125 financial performance was ahead of guidance issued at the time of its IPO.

Ixico upbeat on breakthrough with AI imaging platform
Ixico announced further validation of its AI-driven imaging platform IXIQ. Ai in Huntington’s disease (HD) research on Wednesday, through its collaboration with the Huntington’s Disease Imaging Harmonisation (HD-IH) consortium.

Goldstone announces record gold pour at Homase Mine
Goldstone Resources announced a record gold pour of 16. 253 kilograms, or 522 ounces, on Wednesday, at its Homase Mine in Ghana on 10 February.

Helium One reports progress at Jackson-31 well
Helium One updated the market on the Jackson-31 well at the Galactica Project in Colorado on Wednesday, where it holds a 50% working interest alongside Blue Star Helium.

80 Mile updates financing initiatives for Hydrogen Valley
80 Mile updated the market on financing initiatives for Hydrogen Valley, in which it holds a 24% stake with an option to acquire full ownership, on Wednesday.

Oxford BioDynamics signs distribution deal with Romania healthcare provider
Oxford BioDynamics announced on Wednesday that it has signed a distribution agreement with Regina Maria, Romania’s largest private healthcare provider, to offer its EpiSwitch PSE and CiRT blood tests to physicians and patients across the country.

MTI Wireless Edge receives 'significant repeat order' from Israeli client
Technology firm MTI Wireless Edge said on Wednesday that its antenna division has received "a significant repeat order" from a system house in Israel for the manufacture of military antennas.

Gelion makes breakthrough with Gen 3 sulfur cathode tech
Gelion announced a key breakthrough in its Gen 3 sulfur cathode technology on Wednesday, confirming its viability for use in full solid-state battery applications.

AOTI expecting higher revenue, bigger margins in 2024 results
Medical technology specialist AOTI said in an update on Wednesday that it expected revenue for the year ended 31 December to exceed $58. 1m, reflecting growth of more than 32% from the prior year’s $43. 9m.