Small Caps
Flowgroup shares sink on short-term funding announcement
Gas and electricity supplier Flowgroup took on £5m of short-term funding from its loan-note holders, Palm Ventures and Lombard Odier Asset Management on Wednesday, and said that it was considering more long-term financing options as the energy sector continued to become more competitive.
Falcon Oil & Gas partner identifies potential in Australian shale project
Falcon Oil & Gas’s partner company Origin Energy presented a technical paper outlining the potential of the duo’s projects in the Australian Beetaloo sub-basin area.
Collagen Solutions shares shoot up after clinical trial success
Collagen Solutions’ share prices jumped almost 20% on Wednesday after the company reported a positive outcome from its latest clinical study.
Avingtrans subsidiary lands largest ever contract with Korean energy supplier
Avingtrans announced on Wednesday that its subsidiary company Hayward Tyler has won a $6. 7m contract with a leading South Korean energy supplier.
Pathfinder Minerals shares drop amid Mozambique legal battle
Pathfinder Minerals provided an update on Wednesday on its battle to recover control of areas in Mozambique that were previously licenced to it.
Alexander Mining signs partnership agreement with Proses
Alexander Mining announced on Wednesday that it has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company Proses.
SkinBioTherapeutics losses widen as it spends more on R&D
Life sciences company SkinBioTherapeutics announced its half year results for the six months ended 31 December on Wednesday, reporting “significant progress” in developing the SkinBiotix technology, and a successful initial scale-up of lysate manufacture.
EVR Holdings enters multi-year agreement with music publishing giant
Virtual reality music content creator EVR Holdings announced on Wednesday that its subsidiary MelodyVR has entered into a multi-year agreement with Warner/Chappell Music.
Concurrent Technologies launches new VPX board
High-end embedded computer board designer and manufacturer Concurrent Technologies announced the launch of a new 3U VPX I/O board on Wednesday.
Brooks Macdonald appoints Ben Thorpe as new FD
AIM-listed provider of investment management services Brooks Macdonald has appointed Ben Thorpe, who has 18 years' experience in financial services, as group finance director with effect from August.
Bilby sees 'considerable progress' across London and the South-East
Building services firm Bilby announced on Wednesday that it had made "considerable progress" during its first trading half, as companies within the group continued to take market share in their target markets of London and the UK's South-East.
Patagonia Gold ups full-year guidance to reflect improved monthly production
South America-focused mining company Patagonia Gold told investors on Wednesday that total output for its most recent trading year hit 26,005 ounces of gold equivalent, helped by a continued monthly production ramp-up at its Cap Oeste project.
SDX Energy well yields uncommercial gas reservoir
SDX Energy announced on Wednesday that its Moroccan KSS-2 well drilling project has been unsuccessful, after its gas reserves were not deemed to be commercial.
FairFX acquires partner City Forex for £6m and quick earnings boost
FairFX has tightened its grasp on the travel currency industry with the £6m purchase of City Forex on Wednesday.
Inspiration Healthcare's year of 'substantial investment' boosts revenues
Medical technology supplier Inspiration Healthcare said it had continued to perform strongly and was expecting to report revenues and pre-tax profits in line with market expectations for the year ended 31 January.
Range Resources increases production from Trinidad asset
Exploration and production company Range Resources increased average net oil production in January by 23% over the previous three months , topping out the month at 777 barrels of oil per day.
STM begins integration work after buying Harbour Pensions
Cross-border financial services provider STM Group announced on Wednesday that, following its announcement on 16 February, STM Malta has completed on the acquisition of Harbour Pensions.
Hotel Chocolat interim profit and revenue up 15%, recent trading in line
Hotel Chocolat reported a jump in interim profit and revenue on Wednesday thanks to strong sales across retail, digital and corporate channels and following a "successful" Christmas period.
Medaphor opens Hong Kong office to tackle growing Asian market
AIM-listed Medaphor announced on Wednesday that it has opened an office in Hong Kong to cater to its growing customer base in the Asia-Pacific (APAC) region.
Gooch & Housego order book reaches record levels
Investors in specialist photonic components manufacturer Gooch & Housego were updated on the company’s progress on Wednesday, as they mustered for its annual general meeting, as it reported benefiting from positive overall market conditions in the first four months of the current financial year.