Small Caps News
Tower Resources agrees Thali farm-out with OilLR
Africa-focussed oil and gas company Tower Resources has executed binding heads of terms over a farm-out to OilLR of a 24. 5% working interest in its Thali production sharing contract in Cameroon, it announced on Monday.
Tekcapital investee to launch low-sodium crisps in North America
Intellectual property investment company Tekcapital announced on Monday that its portfolio company Salarius has signed an agreement with an unnamed natural foods distributor, to launch North American sales of its new ‘SaltMe!’ full flavour-low sodium snack line.
Macro factors drive growth at MTI Wireless Edge
Radio frequency and communications technology company MTI Wireless Edge reported “solid” revenue growth in its final results on Monday, rising 13% to $40m.
Bacanora Lithium making progress towards Sonora funding
Lithium exploration and development company Bacanora Lithium reported “significant progress” in securing a funding package for its flagship Sonora Lithium Project in Mexico, in its final results on Monday.
Oriole Resources raises £0.45m through private placing
West Africa-focussed exploration company Oriole Resources has successfully raised £0. 245m before expenses through a private placement, it announced on Monday.
Gamma Communications buys Exactive for up to £7.5m
Gamma Communications said on Monday that it has bought unified communications specialist Exactive for up to £7. 5m in cash and shares.
Manx Financial acquiring larger stake in brewery gear rental firm
Manx Financial Group announced on Monday that its wholly-owned subsidiary Conister Bank is acquiring an additional shareholding in Beer Swaps.
Faron Pharmaceuticals acquires rights to AOC3 inhibitors
Clinical stage biopharmaceutical company Faron Pharmaceuticals has acquired rights for the potential new use of AOC3 inhibitors covered by a recently filed patent application.
Johnson Service Group upbeat on 'strong' 2019 performance
Johnson Service Group reported “consistent, strong” financial performance in its preliminary results on Monday, as its revenue rose 9. 2% on an adjusted basis to £350. 6m for 2019.
Cora Gold begins test work programme with Hummingbird
West Africa-focussed gold company Cora Gold has started a test work programme in conjunction with Hummingbird Resources, relating to a bulk sample programme, it announced on Monday.
Avon Rubber wins dual-source framework contract with US Army
Specialist technology group Avon Rubber has been awarded a four-year, dual-source framework contract to supply the US Army with its next-generation Vital Torso Protection X-Side Ballistic Insert body armour plates.
Thalassa 'well positioned' amidst period of market volatility
Investment group Thalassa Holdings said on Monday that it was "well positioned" going into the current period of market volatility, through being both long in cash and hedged through a combination of different strategies.
Gateley acquires Belfast-based media law specialist
Legal and professional services group Gateley said on Monday that it has acquired Northern Irish reputation management and media law specialist Paul Tweed for £2. 0m.
Simec Atlantis produces and mills test fuel pellets
Simec Atlantis Energy announced the successful production of 100 tonnes of fuel pellets for large-scale combustion testing on Monday, as well as the successful completion of large-scale milling tests on the 100% waste-derived fuel pellets to be used at the Uskmouth power station, post conversion.
IronRidge reaches deal to acquire Bodite and Bianouan licenses
Africa-focussed minerals exploration company IronRidge Resources has entered into an agreement with Major Star to acquire 100% of its Bodite and Bianouan gold licenses, which would give it full ownership of a “highly prospective” gold exploration portfolio in Côte d'Ivoire.