Small Caps
Diurnal gets EC marketing authorisation for Alkindi
Specialty pharmaceutical company Diurnal Group announced on Tuesday that the European Commission has granted a paediatric use marketing authorisation for ‘Alkindi’ as a replacement therapy of adrenal insufficiency in infants, children and adolescents.
Oncimmune spends first half progressing agreements
Early cancer detection company Oncimmune Holdings announced its interim results for the half year ended 30 November on Tuesday, reporting continued commercial progress with its ‘EarlyCDT-Lung’ product as a framework agreement with Genostics Company for China was signed.
Smart Metering Systems signs deal with Utilita
Glasgow based company Smart Metering Systems announced a new contract win to rent over 100,000 new smart-meters to energy supplier Utilita Energy on Tuesday.
Pan African Resources revises guidance as it overcomes challenges
Pan African Resources updated the market on its progress for the six months ended 31 December on Tuesday - a period which saw the group further implement its strategy to provide a platform of stability at its operations at Barberton Mines and Evander Mines, as well as improved and sustainable cash flows and production for the second half of the year.
Magnolia Petroleum makes good progress on WED agreement
US-focussed oil and gas exploration and production company Magnolia Petroleum updated the market on Tuesday, on the ongoing investment of the first $0. 5m tranche of capital it has received as part of its exclusive $18. 5m capital management agreement with Western Energy Development.
Intercede awarded Middle East contract worth more than £1m
AIM-listed software and service company Intercede has been awarded a contract by a Middle Eastern country for its MyID solution worth more than £1m.
Petro Matad makes solid progress with 2018 work programme
Mongolian oil explorer Petro Matad updated the market on its operations as part of its planned 2018 work programme on Tuesday, with the company having completed a $16. 8m fundraising to execute a four well drilling programme on its acreage during the 2018 year.
Amur Minerals enters $10m convertible loan facility
Nickel-copper sulphide mineral exploration and resource development company Amur Minerals Corporation announced on Tuesday that it has entered into a convertible loan facility of up to $10m, with Cuart Investments PCC and YA II PN, in an investment consortium arranged by RiverFort Global Capital.