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Small Caps News
19 Feb
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Mereo BioPharma enters securities agreement with institutional investor

Mereo BioPharma Group has entered into a securities purchase agreement with a new US-based institutional healthcare investor, it announced on Wednesday.

19 Feb
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Attis updates market on Fort Worth Field and asset sales

Attis Oil and Gas updated the market on the Fort Worth Field in Texas on Wednesday, of which it is a 50% joint venture owner with APEG Palo Pinto.

19 Feb
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Strix reassures shareholders over coronavirus

Kettle controller company Strix Group said on Wednesday that it is continuing to closely monitor developments around the outbreak of the Covid-19 coronavirus in China, and has put appropriate measures in place.

19 Feb
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Finance provider 1pm increases finance facility with NatWest

Specialist financial provider 1pm has further increased its back-to-back invoice finance funding facility with NatWest by an additional £5m, it announced on Wednesday, to £42m.

19 Feb
oilfield
Echo Energy shares slide on 'disappointing' gas discovery

Latin America-focussed upstream oil and gas company Echo Energy announced a non-commercial gas discovery at the Campo La Mata Exploration well in the Tapi Aike licence on Wednesday, following completion of testing on the lower secondary target, being ‘D3’ or ‘Anita’, and the primary target, being ‘Magallenes 20’ or ‘Lobe C’.

19 Feb
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SkinBioTherapeutics to develop psoriasis supplement with Winclove

Skin health-focussed life science company SkinBioTherapeutics announced on Wednesday that its wholly-owned subsidiary, AxisBiotix, has signed a development agreement with Winclove Probiotics, to help manage the symptoms associated with the skin condition, psoriasis.

19 Feb
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Salt Lake Potash reaches offtake deal with Mitsui

Salt Lake Potash has signed a binding term sheet with Mitsui for the sale of premium water-soluble sulphate of potash (SOP) from its Lake Way Project in Wiluna, Western Australia.

19 Feb
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Cambridge Cognition losses widen amid sales slump

Digital solutions development group Cambridge Cognition warned on Wednesday that its full-year losses were set to widen after the lower level of sales seen throughout the first half of the year extended into the third quarter.

19 Feb
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Distil forms joint venture with British Honey

Alcoholic drinks maker Distil has entered into a joint venture and collaboration agreement with British Honey, a distiller and infused spirit brand owner based in the UK.

19 Feb
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Starcom inks supply and support agreement with US shipping service

Internet-of-things solutions developer Starcom has entered into a new three year supply and support agreement with US shipping service CubeMonk.

19 Feb
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Ebiquity trades in line following strong H2

Marketing and media consultancy Ebiquity traded in line with expectations in 2019 after the strong momentum witnessed in the first half of the year carried on into the second.

19 Feb
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Gooch & Housego upbeat on trading despite 'challenging' laser market

Photonic components manufacturer Gooch & Housego updated the market on its trading on Wednesday, reporting that during the first four months of the financial year, it reflected its previously-reported trends.

19 Feb
oilfield
Tower Resources planning next steps at Thali

Africa-focussed oil and gas company Tower Resources updated the market on the Thali licence in Cameroon on Wednesday, reporting that it was presently preparing plans for drilling for NJOM-3 well, now that the site survey was complete.

19 Feb
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Pelatro secures new mViva contract win

Marketing software firm Pelatro scored a new contract win for its mViva platform on Wednesday, adding more value to its telco operations in the process.

19 Feb
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Avon Rubber recruits Bruce Thompson as next chairman

Avon Rubber has recruited former Diploma boss Bruce Thompson as chair designate to take over from David Evans by 2021.