Small Caps News
Eddie Stobart CEO steps down; shares to be suspended from AIM
Transport and logistics group Eddie Stobart said on Friday that it has requested its shares be suspended from trading on AIM while it takes another look at its accounts, as it announced the departure of chief executive Alex Laffey with immediate effect.
Jubilee Metals completes purchase of Sable Zinc Zambia
Metals processing company Jubilee Metals Group announced on Friday that the sale and transfer of the entire issued share capital in Sable Zinc Kabwe to it has been completed, allowing the company to begin the implementation of a fully integrated multi-metal refinery in Zambia.
Jersey Oil & Gas awarded Greater Buchan Area block
Jersey Oil & Gas announced on Friday that it has been awarded, subject to documentation, a 100% working interest and operatorship of an additional block - Block 21/2a - in the Oil & Gas Authority's 31st Supplementary Offshore Licensing Round.
Hummingbird Resources swings to interim loss as production costs rise
Hummingbird Resources reported interim revenue growth on Friday but said it swung to a loss as production costs increased following construction work at its Yanfolila gold mine in Mali.
Adept4 confirms possible acquisition of CloudCoCo
Adept4, an AIM-listed provider of IT as a service, confirmed on Friday that it has provisionally agreed to buy cloud and related technology solutions provider CloudCoCo.
Galileo Resources narrows losses as it cuts operating costs
Galileo Resources said on Friday that its annual losses narrowed as it focuses on the development of its Star Zinc project in Zambia.
Lekoil acquires 45pc interest in onshore Nigeria oil prospecting licence
Nigeria and West Africa-focussed oil and gas exploration and development company Lekoil has agreed to acquire, subject to the receipt of the required consents, a 45% participating interest in the production sharing contract in relation to the oil prospecting licence 276, it announced on Friday, covering a territory located onshore in the eastern Niger Delta basin.
Eco Atlantic upbeat on recent drilling in Guyana
Guyana-focussed exploration company Eco Atlantic Oil & Gas updated the market on recent trading on Friday, reporting that it ended the quarter to 31 March with cash and cash equivalents of CAD 25m (£15. 37m).
Hutchison China MediTech launches trial for autoimmune disorder treatment
Hutchison China MediTech has launched a clinical trial of HMPL-523, a novel spleen tyrosine kinase inhibitor, in patients with immune thrombocytopenia, an autoimmune disorder that can lead to increased risk of bleeding.
Real Good Food secures new £8.87m credit facility
Real Good Food has secured a total credit facility of £8. 87m from Leumi ABL, it announced on Friday, enabling it to repay certain debt facilities provided by its three major shareholders - Napier Brown, Omnicane International Investors, and certain funds managed by Downing LLP.
Holders Technology profits drop amid poor market conditions
Holders Technology reported a drop in interim profits and revenue on Friday as challenges in the German automotive industry impacted the company's printed circuit board manufacturing division.
Stilo International slides on decision to quit AIM index
Stilo International shares dived on Friday after it proposed de-listing from AIM and said it swung to an interim loss, with trading expected to remain slow for the remainder of 2019.
Clear Leisure buys Serbian crypto data centre
Investment firm Clear Leisure said on Friday that it has bought a Serbian data centre for just €1.
Target Healthcare buys Yorkshire and West Midlands properties
Real estate investment trust Target Healthcare has acquired two properties for approximately £18. 6m on Friday, both of which were let on 35-year leases.
Westmount Energy looks to raise £5m via share placing
Oil and gas investment firm Westmount Energy said on Friday that it is looking to raise up to £5m in a placing of 38. 46m new ordinary shares of 13p each.
Dubai's Al Maktoum quits as ADM Energy president
ADM Energy shares plunged after Sheikh Ahmed Bin Dalmook Al Maktoum quit as president after two months and decided to sell all his shares in the oil and gas investment company.
Henry Boot posts drop in interim profit but confident over full year
Property and construction company Henry Boot posted a drop in interim profit and revenue on Friday but said the results were "very resilient" given the backdrop.