Small Caps
SolGold unearths high grade gold mineralisation in Ecuador
Copper and gold exploration company SolGold has identified high grade gold mineralisation at its wholly-owned project in Ecuador, the company announced on Tuesday.
Ceres Power Holdings shares dip as rising revenues fail to impact loss
Ceres Power Holdings suffered a 10% decrease in share prices on Tuesday after the company reported an unchanged total loss for the six months preceding 31 December despite rising revenues.
GetBusy's losses widen despite stronger revenues
Software developer GetBusy saw losses widened in 2017, as costs associated with its demerger from ASX-listed firm Reckon and flotation expenses resulting from the firm's admission to the AIM-market of the London Stock Exchange August offset improved revenues.
Motif Bio pushes back FDA submission for iclaprim
Clinical-stage biopharmaceutical company Motif Bio updated the market on the status and timeline for submission of its new drug application (NDA) to the US Food and Drug Administration (FDA) on Tuesday, for its targeted gram-positive investigational antibiotic, iclaprim.
Rose Petroleum shares crash 14% but company 'encouraged' by project interest
Rose Petroleum’s share prices fell over 10% on Tuesday as the company updated shareholders on its attempts to advance the competitive partnering process for its Paradox Basin, Utah asset.
Wynnstay shareholders told of 'encouraging' start to year
Investors in agricultural and retail group Wynnstay were told of how trading in the first four months of the year has been “encouraging” on Tuesday, as they gathered for the company’s annual general meeting.
Lighthouse renews deal with GFTU for another two years
Lighthouse Group has agreed the renewal of its contract with the General Federation of Trade Unions (GFTU) to be the preferred provider of expert financial advice to its affiliate members, it announced on Tuesday.
Red Rock Resources takes home £0.36m after Jupiter share buyback
Red Rock Resources updated the market on the equal access share buyback implemented by Australian unlisted public company Jupiter Mines on Monday.
Adept4 CFO Ian Winn steps down
AIM-listed Adept4, a provider of IT as a service, said on Tuesday that Ian Winn has stepped down as chief financial officer and M&A director with immediate effect to pursue other interests.
Union Jack Oil ups stake in PEDL253 to 22pc
Union Jack Oil announced on Tuesday that it has signed a farm-in agreement for a further 10% licence interest in PEDL253, increasing its economic interest to 22%.
Solid winter sees Aggregated Micro Power lift revenue guidance
Distributed energy company Aggregated Micro Power Holdings issued a positive trading update for the 12 months ending 31 March on Tuesday, revising its revenue guidance up in light of positive trading during the colder months.
Amur Minerals shares jump after resource estimate sees 50% expansion
Amur Minerals’ shares soared over 20% on Tuesday after the mineral exploration and development company said its mineral resource estimate (MRE) for the Kun-Manie project expanded by 50%.
ValiRx gets US patent for VAL201 compound
Clinical stage biotechnology company ValiRx announced on Tuesday that the US patent and trademark office has granted the patent application 14/575065 (Anti-Androgen Peptides and Uses Thereof in Cancer Therapy), covering ValiRx's lead therapeutic compound, VAL201, which is in clinical trials.
LiDCO given notice to terminate Argon distribution contract
AIM-quoted hemodynamic monitoring company LiDCO has been given notice to terminate its distribution contract with Argon Medical Devices after seven years of business.
Shares boosted as Pennant International adds £3.5m to contract value
Engineer training and support solutions provider Pennant International Group saw its share boosted 15% on Tuesday after adding £3. 5m to the value of an existing contract.
Mincon expands in Sweden with Driconeq acquisition
Mincon has completed acquisition of Driconeq AB, the holding company for the Driconeq Group of companies, it announced on Tuesday.
IQE's adjusted pretax profit up 18% as business unit's sales rise 109%
Welsh semiconductor technology firm IQE reported on Tuesday that its adjusted profit before tax rose 18% in 2017 to reach £24. 3m when compared to the previous year.
EasyHotel secures lease for 100-room Cambridge hotel
EasyHotel has signed a 25-year lease on a site in Cambridge for the development of a new purpose-built hotel.
EnQuest shares on the rise thanks to Kraken ramp-up
EnQuest saw its EBITDA fall 36. 4% to $303. 6m in its most recent trading year, principally due to a 25% drop in revenue to $635. 2m amid lower realised prices within the company’s hedging programme.
Katoro Gold shares drop 20% after work suspended in Tanzania
Shares in Katoro Gold tumbled on Tuesday after the gold exploration and development company announced it is assessing the economic viability of its Imweru Project.