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Small Caps News
22 Aug
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Ariana Resources granted new operational licence

Turkey-focussed exploration and development company Ariana Resources announced the grant of a new operational licence, and the final results of a recent drilling campaign completed at its Salinbas Gold Project on Thursday.

22 Aug
Katoro Gold agrees term sheet for disposal of Reef Miners

Tanzania-focussed gold and nickel exploration and development company Katoro Gold has agreed a term sheet with Lake Victoria Gold, it announced on Thursday, covering the disposal of its wholly-owned subsidiary Reef Miners, which owns the Imweru gold project and the Lubando gold project in northern Tanzania.

22 Aug
Oil rig, oil & gas, drilling
Cluff and Shell UK complete seismic survey over Pensacola

Natural resource investment company Cluff Natural Resources announced on Thursday that, alongside its operating partner Shell UK, it has completed a broadband 3D seismic survey extending to about 420 square kilometres over the Pensacola Prospect on licence P2252 in the Southern North Sea.

22 Aug
Falcon Oil & Gas upbeat on approval at Kyalla

Falcon Oil & Gas announced on Thursday that the environmental management plan for the Kyalla 117 N2 horizontal appraisal well, for the planned 2019 drilling, stimulation, and well testing prepared by Origin Energy B2 on behalf of the joint venture, has been approved by the Northern Territory Department of Environment and Natural Resources in Australia.

22 Aug
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Tekcapital profits leap as portfolio gains value

Tekcapital shares climbed on Thursday as interim revenue and profit soared on the back of an increase in the value of the company's investment portfolio.

22 Aug
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Getech revenues slide following cutbacks to geoscience services unit

AIM-listed group Getech expects interim revenues to slide following the downsizing of its geoscience services unit.

22 Aug
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CMC Markets sees annual profits ahead of analyst ranges

Online trading company CMC Markets said on Thursday that net operating income and pre-tax profit for the year to the end of March 2020 are expected to be "marginally" ahead of the upper end of analysts' ranges.

22 Aug
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Secure Property nets EUR 2m as Victini sale goes through

South eastern Europe-focussed property company Secure Property Development & Investment announced the completion of the sale of its Victini Logistics property in Greece to Brook Lane Capital on Thursday.

22 Aug
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Botswana Diamonds renews prospecting licences in central Kalahari

Africa-focussed explorer Botswana Diamonds has renewed two prospecting licences held by a wholly-owned subsidiary for an additional two years.

22 Aug
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Arcontech Group profits soar as existing customers splash out

Arcontech Group shares jumped on Thursday as the company reported that its annual profits almost doubled on the back of higher sales to existing customers.

22 Aug
sopheon
Revenue and earnings fall in 'first half pause' at Sopheon

Management software and services provider Sopheon reported a fall in revenue to $13. 7m in its first half on Thursday, from $15. 9m a year earlier.

22 Aug
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Columbus Energy progressed carbon dioxide pilot at Inniss-Trinity

Trinidad-focussed oil and gas producer Columbus Energy Resources updated the market on the Inniss-Trinity Incremental Production Service Contract on Thursday, reporting that work was continuing with Predator Oil & Gas to advance the carbon dioxide pilot project.

22 Aug
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SDX Energy makes solid development progress as it swings to loss

North Africa-focussed oil and gas company SDX Energy reported net revenues of $25m (£20. 62m) in its first half on Thursday - a year-on-year improvement of 4% - with higher production reportedly compensating for lower net realised average oil and service fees of $57 per barrel of oil equivalent, down from $62 per barrel in the first half of 2018.

22 Aug
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Reabold increases investment in Rathlin with £1m contribution

Upstream oil and gas investment company Reabold Resources has increased its investment in Rathlin Energy UK - the operator of the West Newton field - through participation in an advanced subscription agreement, it announced on Thursday.

22 Aug
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SimiGon awarded blanket purchase agreement from US Air Force

Simulation and training solutions firm SimiGon has been awarded a blanket purchase agreement from the United States Air Force for the supply of its virtual and mixed reality systems.

22 Aug
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Eco Animal Health chairman steps down

Animal pharmaceuticals developer Eco Animal Health announced on Thursday that non-executive chairman Richard Wood has stepped down with immediate effect.

22 Aug
laura ashley
Laura Ashley swings to loss as home furnishings division struggles

Laura Ashley said on Thursday that it swung to a full-year loss as sales fell amid weakness in the home furnishings business.