Small Caps News
Edenville Energy still working on handover in Tanzania
Edenville Energy updated the market on its operations at the Rukwa Coal Project in southwest Tanzania on Wednesday, reporting that it was continuing to work with its strategic partner Infrastructure and Logistics Tanzania (ILTL) on the proposed handover of operations at Rukwa.
Nostra Terra reports doubling of acreage at Cypress farmout
Oil and gas exploration and production company Nostra Terra updated the market on operations at its Pine Mills asset in East Texas on Wednesday, reporting that the Cypress farmout acreage had doubled in size.
Smart Metering Systems secures new domestic contract wins
Smart Metering Systems said on Wednesday that had secured new domestic smart meter contract wins with two of the "fastest-growing independent energy suppliers".
Maestrano raises £2m for staff and capacity expansion
Transport-focussed artificial intelligence (AI) company Maestrano Group announced a proposed placing via an accelerated bookbuild on Wednesday, to raise a total of £2m before expenses.
Allergy Therapeutics reports record pre-R&D operating profit
Commercial biotechnology company Allergy Therapeutics reported a 7% improvement in its revenue in actual terms in its interim results on Wednesday, and 5% growth at constant rate, to £54. 0m.
Inspired Energy acquires Businesswise Solutions and GEM
Energy procurement, cost optimisation and legislative compliance service provider Inspired Energy has completed the acquisitions of BWS Holdco and its trading subsidiary Businesswise Solutions, and General Energy Management, it announced on Wednesday.
Wishbone Gold to acquire Cottesloe Project in Patersons Range
Precious metals exploration and trading company Wishbone Gold has signed an exclusive deal to acquire full ownership of the 92. 19 square kilometre Cottesloe Project in the Patersons Range region of Western Australia, it announced on Wednesday.
Cambria Automobiles keeps guidance suspended amid 'significant uncertainty'
Motor retail group Cambria Automobiles said on Wednesday that it would continue to withhold guidance as its trading environment continued to experience "significant uncertainty" as a result of Covid-19 and the various lockdown and tier strategies imposed by Downing Street.
Mosman shares down on fall in pressure at Falcon-1
Oil exploration, development and production company Mosman Oil and Gas announced on Wednesday that the operator of the Falcon-1 well in East Texas had reported a recent increase in water production, alongside a fall in pressure at the well.
Coral Products acquires Customised Packaging for £1.25m
Plastic products supplier Coral Products has acquired Customised Packaging for a net consideration of £1. 25m, satisfied by a combination of cash and new ordinary shares.
Gamma buys partner Mission Labs in £40m deal
Technology-focussed communications services provider Gamma Communications has acquired the entire issued share capital of Mission Labs, it announced on Wednesday, for initial consideration of £40. 2m.
Barkby posts H1 loss as Covid-19 impacts trading
Hospitality outfit Barkby Group said on Wednesday that it had weathered the Covid-19 pandemic largely due to the success of its "highly cash generative" commercial property development business.
Urban Logistics announces £23m forward funding at two sites
Specialist industrial and logistics property investor Urban Logistics announced the £23m forward funding of two development sites on Wednesday.