Small Caps News
Bonhill Group agrees sale of GCI brand
Business-to-business media company Bonhill Group has agreed the sale of the GCI brand, website and subscriber base to its editor, David Thornton, for an undisclosed sum, it announced on Friday.
Arkle announces positive soil sampling results from Inishowen
Arkle Resources announced positive results from soil sampling at its wholly-owned Inishowen gold project in County Donegal, Ireland on Friday, adding that a programme to identify drill targets would begin immediately.
Revolution blames Covid restrictions as it says it could close bars
Revolution Bars said on Friday that it is considering closing some of its bars due to the coronavirus pandemic and the 10pm curfew announced by the government earlier this week.
Red Rock upbeat on progress at Jupiter and Australasia investments
Natural resource development company Red Rock Resources updated the market on its investments in Jupiter Mines and Red Rock Australasia on Friday, reporting that mining at Jupiter’s Tshipi open-cast manganese mine in the South Kalahari Basin was behind plan, although production and exports remained on track.
Warren Buffett-insipired small-cap trust to launch IPO
An investment trust claiming to follow the principles of Warren Buffett is seeking to raise at least £100m in an initial public offering by listing on the London Stock Exchange.
Keras Resources makes 'constructive' progress in Togo
Mineral resource company Keras Resources announced on Friday that a number of “constructive meetings” had been conducted in Togo.
Agronomics joins funding round for Dutch cultivated meat firm
Agronomics announced on Friday that it has participated in Mosa Meat’s series B financing, led by Blue Horizon Ventures, raising $55m in a first close of a larger series B financing round.
Bahamas Petroleum confirms restart of Covid-postponed drilling
Caribbean and Atlantic margin-focussed oil and gas company Bahamas Petroleum has been notified by Stena Drilling that the ‘Stena IceMAX’ was the intended drill rig for the upcoming ‘Perseverance 1’ drilling campaign.
Digitalbox secures five-year £0.45m CBILS loan
Digital media company Digitalbox announced on Friday that, in a bid to strengthen its balance sheet and assist liquidity, it has secured a £0. 45m five-year term loan facility under the British Business Bank's Coronavirus Business Interruption Loans Scheme (CBILS), from its bankers NatWest.
Marlowe acquires Morgan Fire in £5m deal
Specialist services group Marlowe has acquired Morgan Fire Protection for a net consideration of £5. 0m, it announced on Friday.
CEPS manages to swing to earnings after tough first half
Majority-stake investment company CEPS reported revenue of £6. 3m in its first half on Friday, down from £10. 17m year-on-year, as its gross profit slipped to £2. 58m from £3. 58m.
Camellia to pay special dividend after challenging first half
Agricultural and food company Camellia reported on an “exceptionally challenging” first half on Friday, with its revenue slipping to £114. 9m from £117. 3m year-on-year.