Small Caps News
Tern ups stake in connected devices outfit InVMA
Investor Tern has made an additional £125,000 investment in InVMA, one of its existing portfolio companies and a key strategic partner for Device Authority Limited.
Savannah pleased with progress at Mina do Barroso
Resource development company Savannah Resources announced further results from the ongoing reverse circulation drill programme at the Mina do Barroso lithium project in Portugal on Wednesday.
Malvern strikes deal with University of East London
Learning and skills development company Malvern International announced a partnership agreement with the University of East London (UEL) on Wednesday, which would see Malvern established as an embedded college within UEL, delivering pre-sessional foundation and English language courses for international students at both degree and masters levels.
Ncondezi receives updated information on 300MW project
Ncondezi Energy updated the market on its process to conclude a binding joint development agreement for its integrated 300MW power and coal mine project in Tete Mozambique on Wednesday, confirming that updated information for the engineering, procurement, and construction, and operations and maintenance proposals were received on the 23 April deadline.
Rurelec still constrained despite looming EDS insurance payout
Rurelec said on Wednesday that is has been informed that the management of Energia del Sur (EDS), which owns and operates the 136 MW Southern Patagonian CCGT power plant in Argentina, were expecting to sign an insurance settlement agreement accepting an accelerated insurance payment of $2. 5m regarding a loss of profit and material damage claim.
Sterling Energy narrows losses in first quarter
Sterling Energy issued its interim management statement and financial results for the first quarter ended 31 March on Wednesday, as trial line 2D processing remained ongoing at the Odewayne block in Somaliland.
Modern Water starts year 'strong', shareholders told
Investors in water and wastewater treatment technology firm Modern Water were told how the company had started 2018 “strongly” on Wednesday, as they gathered for the annual general meeting.
ValiRx granted crucial EU patent for VAL201
Clinical stage biotechnology company ValiRx announced on Wednesday that the European Union patent and trademark office has granted EU Patent Application 08717866. 1 - Anti-Androgen Peptides and Uses Thereof in Cancer Therapy - covering its lead therapeutic compound, VAL201, which was in clinical trials.
Mosman Oil and Gas hails identification of 'significant' resources at Arkoma
Mosman Oil and Gas announced on Wednesday that its Arkoma Stack Pay project in Oklahoma is home to significant proved and probable resources, according to a report.
Water Intelligence shares rise as sales flow stronger
Leak detection firm Water Intelligence’s share price was boosted on Wednesday as it reported that growth of all business lines led to a 40% sales increase to $5. 3m in Q1, compared to the same period in 2017.
Futura Medical's successful erectile dysfunction trials boost share price
Futura Medical announced on Wednesday that a pharmacokinetic study of MED2002, the company’s gel-based erectile dysfunction (ED) treatment, has yielded positive results.
Nichols Q1 revenues ahead of last year
AIM-listed soft drinks group Nichols said on Wednesday that revenue in the first quarter of 2018 is ahead of the previous year.
Countrywide first-quarter income drops amid weak London sales
Estate agency Countrywide posted a drop in first-quarter income on Wednesday on the back of weak London sales.
Feedback to focus on Indian market after agreement with GE Healthcare
Medical imaging technology company Feedback has secured a software licence and distribution agreement with General Electric Healthcare.
Crawshaw suffers 'disappointing' sales as high street takes toll
Rotherham-based butcher Crawshaw Group reported a "disappointing" year of sales on Wednesday as high street sales were impacted by consumer headwinds and inflationary pressures.
Boohoo surges as sales nearly double, PrettyLittleThing stands out
Full-year sales at Boohoo. com nearly doubled and pre-tax profit rose 40% as the online fashion retailer hailed an "exceptional" performance from PrettyLittleThing and a strong start to the current financial year.