Small Caps News
Evgen Pharma licences technology to Juvenescence
Clinical-stage drug development company Evgen Pharma announced the licensing of its sulforaphane stabilisation technology in a number of non-pharmaceutical applications to Juvenescence on Tuesday.
Bidstack signs exclusive agreement with Ubisoft
Native in-game advertising technology company Bidstack Group has signed an exclusive partnership agreement with video game developer Ubisoft to deliver native in-game advertising for ‘Hyper Scape’, which it described as a “futuristic, free-to-play, urban battle royale game” that was launched on 11 August.
TP Group receives orders worth £4m from Ministry of Defence
Engineering services company TP Group announced the receipt of new orders totalling around £4m from the Ministry of Defence on Tuesday, to supply it with oxygen generation and carbon dioxide removal devices.
Galileo buys Africibum to extend Kalahari position
Mining exploration and development company Galileo announced the conditional acquisition of Africibum and its interests in the North East Kalahari Copper Belt project in Botswana on Tuesday.
PipeHawk shares surge on new contract with Isoclad
PipeHawk announced on Tuesday that its wholly-owned subsidiary QM Systems has been awarded a contract to provide a “state of the art” complete manufacturing facility to Isoclad, for the manufacture of specialist clad panels for its ‘Customclad’ service.
Bonhill interim losses widen
Events and data analytics firm Bonhill said on Tuesday that it losses had widened despite continuing to trade ahead of expectations in the first half of and a series of cost-saving measures that lifted margins.
Thor Mining raises £1.065m to help fund Pilbara work
Thor Mining announced a strategic financing of £1. 065m on Tuesday, to allow the acceleration of its project interests - primarily the Ragged Range gold and nickel prospects in the Pilbara region of Western Australia.
TMT Investments sees NAV slip in first half
Technology-focussed venture capital company TMT Investments reported a net asset value per share of $3. 46 (£2. 68) in its first half on Tuesday, making for a decrease of 1. 7% from its year-end figure for 2019.
Revenues rise and losses narrow for Location Sciences
Location Sciences Group reported a 43% improvement in its first-half revenue on Tuesday, to £0. 65m.
Cerillion secures largest-ever contract win
Software solutions group Cerillion has secured its largest-ever contract win.
Cohort makes 'good progress' despite Covid-19 impact
Aerospace and defence group Cohort said on Tuesday that it had continued to make "good progress" in the year ended 30 April, achieving a record adjusted operating profit despite the impact of the Covid-19 pandemic in the final months.
Haydale Graphene inks collaborative agreement with Dowty Propellers
Advanced materials group Haydale Graphene said on Tuesday that it had signed contracts for the provision of services for the collaborative development of graphene and nanomaterial enhanced products for use in Dowty Propellers' products.
Maintel slashes costs as revenue and earnings fall
Cloud and managed communications provider Maintel Holdings reported a 17% reduction in revenue in its first half on Tuesday, to £53. 4m, with recurring revenue at 74%, up from 69%.
Avingtrans Q1 orders in line with expectations
Energy and medical equipment supplier Avingtrans said on Tuesday that first-quarter order intake had been in line with expectations as trading appeared to "generally" normalise.
OptiBiotix signs manufacturing deal with unnamed US firm
Life sciences company OptiBiotix Health has entered into an agreement with an unnamed US company, it announced on Tuesday, for the large-scale manufacture and commercialisation of a number of ‘SweetBiotix’ products.
Botswana Diamonds upbeat on latest drilling at Marsfontein
Botswana Diamonds released the preliminary results of the next phase of its drilling campaign on the Marsfontein project on Tuesday, where it was testing a historical anomaly - ‘M17’ - to see if it had the potential to be a blow, or enlargement, on the M8 kimberlite dyke.