Small Caps
Asa's SouthernEra sells lossmaking diamond mine
Asa Resources', 73% owned SouthernEra Diamonds has agreed to dispose of its Klipspringer diamond mine interests for £1. 37m cash and a 3% ongoing royalty.
Anglo African Oil secures Congo drilling rig for September
Independent oil and gas developer Anglo African Oil and Gas announced on Monday its intention to focus on unlocking the potential of the Tilapia oil field in the Republic of Congo.
Medaphor makes new medical sales
Medaphor, the global provider of advanced ultrasound training simulators for medical professionals, announced on Monday its first ScanTrainer sales in India amid plans to double its clinician numbers over the next two years.
TP Group awarded new contract
Specialist services and engineering group TP Group has been awarded a contract in the millions bracket from a new shipbuilding customer.
UK to invest £246m in research and development into energy storage
On Monday, redT energy reported a £246m investment from the Department of Business, Energy and Industrial Strategy (BEIS) to aid in energy storage in the UK.
Andes Energia combines with Trefoil holdings on Argentinian venture
Andes Energia has agreed to a merger deal that will see the AIM-listed company's shareholders own just under 25% of an enlarged group owning 5m operational acres in the Argentina, to be renamed Phoenix Global Resources.
Eland Oil and Gas appoints Ronald Bain as new CFO
Nigeria-focussed oil and gas production and development company Eland announced the appointment of a new chief financial officer on Monday.
Gfinity buys American esports tech firm CEVO
Esports company Gfinity acquired the entire issued share capital of American-based global provider of esports technology services CEVO, it announced on Monday, for total consideration of up to $2. 7m payable in cash and shares.
NetScientific investment receives Innovate UK grant
NetScientific updated the market on its portfolio company ProAxsis on Monday confirming it had now gained further support for its ‘ProteaseTag’ technology through a project co-funded by Innovate UK.
Ergomed completes recruitment in PeproStat study six months early
Specialised pharmaceutical services and drug development company Ergomed completed recruitment for its Phase IIb proof-of-concept study for PeproStat ahead of schedule, it announced on Monday.
China Nonferrous Gold managing director resigns
Mineral exploration and mining company China Nonferrous Gold confirmed the resignation of its managing director David Tang for personal reasons on Monday.
Rose Petroleum gets approval for Paradox seismic survey
Natural resources business Rose Petroleum responded to a recent surge in its share price on Monday, confirming that it was receiving approval to conduct its seismic survey at the Paradox Basin in Utah.
Summit Germany sells 18 small properties
German commercial property investment company Summit Germany entered into an unconditional agreement for the sale of 18 small properties for total consideration of €15m, it announced on Monday, of which €9. 1m will be in cash with the balance through a five-year loan bearing an average annual interest rate of 3%.
Malvern gains accreditation for Singapore school
Malvern International, a holding company for several businesses who provide educational qualifications in the UK, Singapore, Malaysia and Cyprus, has won back its EduTrust accreditation for its Singaporean business.
Mytrah Energy powers ahead as first solar plant commissioned
India-based independent renewable power producer Mytrah has begun generating energy from its first solar plants in Punjab and Telangana.
Earthport's revenue increase helps trim losses
Earthport, the cross-border payments specialist, has cut losses by 65% last year as revenues grew by a third.
Gama Aviation extends maintenance agreement with Wijet
Gama Aviation has announced an indefinite extension to its maintenance support agreement with Wijet.
Burford awarded $140m at arbitration hearing
Burford Capital, the litigation funding group, announced that a "favourable decision" had been reached in an arbitration matter regarding one of its investments on Friday, though it might not receive any or all of the amount.