Small Caps
Small cap news round-up
Metals Exploration's shares have dived more than 16% after revealing mining and processing operations at Runruno gold project are ramping-up slower than expected.
Metals Exploration says Runruno Gold project's ramp-up slower than expected
Metals Exploration's shares have dived more than 16% after revealing mining and processing operations at Runruno Gold project are ramping-up slower than expected.
Vast Resources makes 'significant' progress with expansion of gold mine
Shares in Vast Resources rose as the explorer announced that it has made “significant progress” with the expansion of the Pickstone-Peerless gold mine in Zimbabwe.
Savannah Petroleum confirms Niger operations drilling start in H1 2017
Savannah Petroleum's shares have soared by almost a fifth after confirming its drilling operations in Niger are expected to begin during the first half of the year.
Infinity Energy says knows no reason for share price jump
Infinity Energy noted the jump in its share price on Wednesday and said it is not aware of any reason for the move.
Manx Telecom lifts underlying FY pre-tax profit and dividend in keeping with board's views
Manx Telecom has produced a marginally improved underlying pre-tax profit for the full year, and bumped its total dividend up, too.
Nektan wins US casino gaming deal
Gaming technology firm Nektan is to launch a California-based casino operator’s real money in-venue mobile game to the US market, for an undisclosed fee.
Modern Water narrows FY pre-tax loss as strategy review bears fruit
Shares in Modern Water are up almost 8% after it posted a narrower full-year pre-tax loss and said its strategy review is bearing fruit.
Immedia Group wins contract from UK financial institution
Shares in Immedia Group surged on Wednesday after the media content company announced it has won a material installation purchase order from a contractor on behalf of a British financial institution for an undisclosed sum.
Haydale Graphene Industries wins silicon supply deal with global manufacturer
Nanomaterials company Haydale Graphene Industries has won a four-year supply deal with a global industrial manufacturer.
Scotgold chooses 'phased project' development for Cononish
Scotgold announced on Wednesday that an update to the bankable feasibility study for the Cononish Gold and Silver Project, dated August 2015, had been completed by Bara Consulting, which mainly evaluated the economic impact of a range of technical development options and the current economic environment.
Magnolia posts significant uplift in reserves
US onshore-focussed oil and gas exploration and production company Magnolia Petroleum announced the results of an independent reserves report on Wednesday.
Clear Leisure takes another loan from shareholder Eufingest
Clear Leisure announced on Wednesday that it entered into an unsecured convertible loan facility agreement with Eufingest, a Swiss investor and major shareholder in the company.
Powerhouse receives payment for placing as gasification unit moves closer
Powerhouse Energy announced on Wednesday that it received payment of £0. 5m from Yady Worldwide for its participation in the recent placing of ordinary shares in the company.
Frontier Smart Technologies to power audio devices for US brands
Digital radio company Frontier Smart Technologies is to power nine new smart audio devices using Google's Chromecast technology built-in for three US brands, Brookstone, Jensen and Solis.
1pm buys iLoans for up to £2m
1pm, a provider of finance facilities to SMEs, is to buy broker Intelligent Financing (iLoans), established a secured loan note programme and created a new loans divisions in the company.
Zinc Media swings to adjusted earnings as revenue falls
Television and multimedia content producer Zinc Media Group announced its unaudited interim results for the six months to 31 December on Wednesday, with group revenues of £9. 19m, down from £10. 18m in the first half of the 2016 financial year.
Ortac Resources' shares fall after 1-for-100 share consolidation proposal
Ortac Resources' shares fell more than 12% after it proposed a one-for-100 capital recorganisation.
Orchard Funding Group reports in-line trading
Orchard Funding Group reports trading in-line with directors' expectations for the six months ending 31 January.
Mobile Streams' shares tumble on FY profit warning
Shares in Mobile Streams are down more than 10% after it warned challenges in its Argentina operations will see the company's full-year revenue and EBITDA materially below market expectations.