Small Caps
Hayward Tyler completes latest loan note issue
Specialist engineering company Hayward Tyler Group announced the successful completion of its latest loan note issue at £0. 6m on Monday.
Uvenco in line with expectations at end of 2016
Uvenco issued a trading update on Monday, based on its unaudited management accounts for the nine month period ended 31 December, following the change in year-end from 31 March to 31 December.
Falanx establishes 'Cyber Technologies' business unit
Global intelligence, security and cyber defence provider Falanx Group announced the establishment of Falanx Cyber Technologies on Monday, which it said had been created in order to gain “significant commercial advantage” from the management of advanced cyber threats.
Small cap news round-up
Evgen Pharma AIM-listed Evgen Pharma has signed a services agreement with a consortium of Cheshire-based drug developments firms for its sulforaphane product.
Tanfield's electric vehicle investment ceases operations
Investment firm Tanfield Group has announced that Smith Electric Vehicles, in which it holds a 5. 76% stake in, has ceased operations following a lack of funding after moving operations to the US.
Frontera Resources knows no reason for share price move
AIM-listed oil and gas exploration and production group Frontera Resources noted the recent movement in its share price and confirmed that it knows no reason for the move.
Premaitha partners with major European diagnostics services group
Shares in Premaitha Health are up more than 4% on news it has partnered with a major European diagnostics services group to implement the IONA test in at least two laboratories.
Forbes Ventures buys stake in potential 'challenger' bank
Investment firm Forbes Ventures, formerly Tengri Resources, has bought a 0. 84% stake in a soon to be ‘challenger’ bank, Civilised Investments for £200,000.
Sound Energy to redeem £1m loan early, dodge final interest payment
Sound Energy's shares fell more than 1% after it agreed to the early redemption of an existing £1m loan to simplify its balance sheet and dodge the cost of a final interest payment.
Sula expands Sierra Leone drilling programme
Sierra Leone-focussed multi-commodity exploration company Sula Iron & Gold announced on Monday that the two diamond drill rigs shipped from South Africa in December, had now docked and were unloaded at Freetown Port on 10 February.
Lok'nStore posts 'solid' first half
Self-storage company Lok'nStore provided an update on its trading in the first half of the financial year to 31 January on Monday.
Kefi Minerals to raise £5.62m to develop Ethiopian gold project
Miner Kefi Minerals aims to raise £5. 62m from a share and subscription placing in order to develop its gold project in Ethiopia.
Nu-Oil & Gas says G2 Energy completes due diligence on EL1070
Shares in Nu-Oil & Gas are down more than 2% on confirming G2 Energy has successfully completed its due diligence on EL1070, which is offshore western Newfoundland.
Turnover and earnings tumble at Surface Transforms
Carbon fibre reinforced ceramic materials manufacturer Surface Transforms posted its half-year financial results for the six months to 30 November on Monday, with turnover decreasing to £0. 33m from £0. 78m in the first half of the prior year.
Chaarat says Tulkubash Project gets support from key Kyrgyz politicians
Chaarat Gold's shares have flown up almost 12% after the company received received unanimous expressions of support for its operations and investment plans for the Tulkubash Project in the Kyrgyz Republic from senior political leaders there.
Georgian Mining reports significant intercepts at Kvemo Bolnisi
Shares in Georgian Mining Corporation are up more than 4% after it reported significant and near-surface intercepts at its 50%-owned Kvemo Bolnisi Project in Georgia.
EG Solutions on the up as full-year revenue to be in line with expectations
Shares in EG Solutions soared on Monday as the back office software company anticipates that revenue for the year will be in line with expectations after the implementation of its strategy to profitably scale the business.
Firestone Diamonds announces results of first sale
AIM-listed Firestone Diamonds has sold all 75,936 carats of diamonds recovered from its 75%-owned Liqhobong diamond mine in Lesotho.
LGO clearing trees ahead of Goudron drilling
LGO Energy confirmed on Monday that final approval was granted by the Trinidadian Forestry Department on 10 February to cut trees in order to clear the well sites for the impending two shallow infill wells at the Goudron Field in the east of the country.
First Property Group to buy Poland office building for €23m
AIM-listed investor First Property Group has, along with a club of investors, agreed to buy Pilot Tower, a recently built office building in Krakow, Poland, for about €23m.