Small Caps
Low & Bonar tumbles as it warns on profits, announces CEO departure
Low & Bonar was under the cosh on Monday as it warned on profits and announced the departure of its chief executive officer, Philip de Klerk.
Ganfeng makes strategic investment in Bacanora Lithium
Bacanora Lithium announced the signing of a non-binding heads of terms for a strategic investment in both Bacanora and its flagship Sonora Lithium Project in Mexico by Ganfeng on Monday.
Bezant granted new environmental impact assessments in Argentina
Copper-gold exploration and development company Bezant Resources announced on Monday that updated environmental impact assessment (EIA) approvals permitting certain specified additional exploration work and drilling activity on the most prospective areas of its Eureka Project in Argentina had now been granted by the Director of Mining and Energy Resources of the Secretariat of Mining and Hydrocarbons, Government of Jujuy.
Ascent Resources buying compressor unit to re-stimulate wells
Europe-focussed oil and gas exploration and production company Ascent Resources has signed a contract for the purchase of a mobile compressor unit for use at its Petišovci project in Slovenia, it announced on Monday.
Ten Lifestyle snaps up three year technology and media contract
Ten Lifestyle Group on Monday won a new three-year contract with a global brand, with the contract expected to be worth more than £2. 0m in the 2020/2021 financial year.
Foxtons revenue drops as Brexit uncertainty continues to dent sales
Estate agent Foxtons reported a drop in first-quarter revenue on Monday as volumes in the sales business remained at record lows amid Brexit uncertainty.
Cerillion swings to interim loss but remains optimistic on full year
Cerillion on Monday reported that it swung to an interim loss, though the company stressed that it remains "well positioned" to deliver full-year growth following a strong start to the second half.
Lower prices put dent in higher production numbers for Volga Gas
Oil and gas exploration and production company Volga Gas updated the market on its activities and operations on Monday, reporting that between 1 January and 30 April, group production averaged 5,859 barrels of oil equivalent per day.
Sigma Capital locks in £200m-worth of debt facilities for PRS REIT
Residential development and urban regeneration specialist Sigma Capital's wholly-owned subsidiary Sigma PRS Management has secured an additional £200m worth of debt facilities on behalf of The PRS Real Estate Investment Trust.
Rose Petroleum names new chairman following subscription issues
Natural resources business Rose Petroleum tapped Colin Harrington to take over as executive chairman on Monday after chairman designate Robert Bensh was unable to meet the full terms of his irrevocable subscription commitment to the company.
Coral Products makes waves as results better-than-feared
Coral Products' shares shot up on Monday as the company stated that its results for the year ended 30 April will not fall as far below expectations as it had previously warned in March.
Scancell partnership with Cancer Research moves closer to clinic
Immunotherapy developer Scancell Holdings updated the market on its clinical development partnership with Cancer Research UK for the development of the ;ImmunoBody’ vaccine, SCIB2, as a potential treatment for patients with solid tumours, including non-small cell lung cancer (NSCLC), on Monday.
Allergy Therapeutics flags positive outcomes from recent treatment trial
Biotechnology company Allergy Therapeutics announced positive Phase 1 safety and tolerability results of subcutaneous ‘Acarovac MPL’ (monophosphoryl lipid A) in patients with house dust mite-induced allergic rhinoconjunctivitis on Monday.
Rockfire continues work at Cardigan Dam after recent gold results
Gold and base metal-focussed resource company Rockfire Resources announced on Monday that recent soil sampling at the Cardigan Dam Prospect - part of the Lighthouse tenement in Queensland, Australia - has returned a “promising” gold-in-soil anomaly.
Reabold Resources upbeat on recent work in California
Reabold Resources announced on Monday that its contract operator in California, Integrity Management Solutions, has informed it that the perforating and swabbing operation at the Burnett 2B and Burnett 2A wells has been completed.
OptiBiotix inks deal with Nutrilinea for hypertension supplement
Life sciences company OptiBiotix Health announces on Monday that its wholly-owned subsidiary ProBiotix Health has signed a license agreement with Nutrilinea for the use of its ‘LPLDL’ product in a food supplement for the reduction of high blood pressure, or hypertension.
AB Dynamics launches £50.1m placing an open offer
AIM-listed AB Dynamics, which designs, manufactures and supplies advanced testing systems, has announced plans to raise around £50. 1m in a placing and open offer, partly to help finance any potential acquisitions.
Purplebricks appoints Phil Felice as interim CEO of US business
Hybrid real estate agency Purplebricks has appointed Phil Felice as interim chief executive officer of its US business.
CentralNic acquires domain name and hosting reseller TPP Wholesale
Subscription internet service CentralNic has agreed to acquire Australian and New Zealand domain name and hosting reseller TPP Wholesale for AUD $24m in cash.
Tetra Tech to buy WYG in £43m deal
AIM-listed WYG, which delivers consulting and engineering, has agreed to be bought by Tetra Tech in a £43. 4m deal.