Small Caps News
Oilex moves closer to Cooper-Eromanga sale with Doriemus placement
Oilex updated the market on Friday, reporting that Doriemus has successfully completed a conditional bookbuild to raise AUD 4. 5m (£2. 3m) via a placement of shares and options.
Daejan shares surge as Centremanor looks to take group private
Property investment and development company Centremanor revealed on Friday that it will take loss-making FTSE 250 property firm Daejan private following an offer that valued the group at around £1. 31bn.
Arricano Real Estate draws another $2.5m from Ukraine facility
Arricano Real Estate updated the market on the loan facility of its wholly-owned subsidiary Comfort Market Luks on Friday, which was first announced in July.
Two Shields shares up as investee BrandShield launches election product
Technology-focussed investment company Two Shields Investments noted an announcement from its investee company BrandShield on Friday, regarding the launch of its ‘ElectionShield’ product.
MaxCyte to consolidate stock to single trading line
Life sciences company MaxCyte announced the consolidation of its two lines of common stock into a single unrestricted line of common stock on Friday.
Bagir upbeat on outlook as it decides to sue Shandong Ruyi
Tailoring company Bagir confirmed on Friday that it has decided to take legal action against the Shandong Ruyi Group, alleging breach of contract.
Ariana Resources reports 'superb' year at Kiziltepe
Europe-focussed exploration and development company Ariana Resources announced its operating results for the quarter ended 31 December for the Kiziltepe Mine in Turkey on Friday, reporting gross income of $45. 1m from production of 27,985 ounces of gold.
Victoria Oil 'vigorously' defending claims raised by partner RSM
Victoria Oil & Gas updated the market on the arbitration between its wholly-owned subsidiary Gaz du Cameroun (GDC) and RSM Production Corporation - GDC's partner in the Logbaba concession with an 38% non-operated interest - on Friday.
Adept Technology looks to raise £4m via placing and subscription
IT managed services firm Adept Technology proposed placing and subscription on Friday as part of an effort to raise gross proceeds of up to £4. 0m.
600 Group warns on profits as trading environment worsens
Diversified engineering business the 600 Group issued a profit warning on Friday, stating its trading environment had worsened since its last update.
Fulcrum Utility Services appoints interim finance chief
Multi-utility infrastructure and services provider Fulcrum Utility Services announced the appointment of Ian Pattison as its interim chief financial Officer on Friday.