Small Caps
Greencoat Renewables buys Killala Community Wind Farm
Ireland-focussed renewable infrastructure company Greencoat Renewables has acquired Killala Community Wind Farm, a 20. 4MW wind farm situated in County Mayo, it announced on Monday.
Jangada shares rise on positive developments at Pitombeiras
Natural resources company Jangada Mines updated the market on its ongoing exploration programme at its wholly-owned Pitombeiras vanadium, titanium and iron project in the state of Ceará, Brazil on Monday.
Genedrive infant hearing loss test gets CE mark
Molecular diagnostics company Genedrive announced on Monday that its antibiotic-induced hearing loss test, the ‘Genedrive MT-RNR1 ID’ kit, has obtained CE marking.
IQGeo inks two contracts for $1.2m with existing customer
IQGeo on Monday signed two contracts worth over $1. 2m with an existing customer, increasing the number of its licensed users.
Aura Energy secures more cash as it progresses work on several fronts
Aura Energy has entered into a deed of variation with Lind Global Macro Fund to modify the convertible loan note agreement dated 30 April, it announced on Monday, in order to secure an advance of AUD 0. 35m (£0. 18m) pursuant to a convertible note with a face value of AUD 0. 42m.
LightwaveRF seeking suitors as a way to progress it strategy
Smart home solutions provider LightwaveRF announced on Monday that, to further accelerate its development, it has decided to conduct a formal review of its various strategic options, including a potential sale of the company by way of a ‘formal sale process’.
Tristel upbeat on progress at its MobileODT investment
Infection prevention products manufacturer Tristel announced on Monday that MobileODT - a company in which it holds a 2. 13% strategic equity stake - has successfully completed its first closing of a $9. 75m second-round institutional fund raising.
Savannah Resources joint venture awarded third concession in Mozambique
Savannah Resources announced on Monday that Mozambique’s Minister of Mineral Resources and Energy has conditionally awarded a third mining concession to the Mutamba Project.
Mirada swings to profit after disposal of Connect business
Mirada on Monday swung to an interim profit following the $2. 7m sale of one of its businesses and a slight increase in revenue.
Chamberlin loss deepens amid weaker automotive demand
Chamberlin on Monday reported a widened interim loss after revenue slid on the back of a reduction in demand from the automotive industry.
Health and safety trial of Pressure Technologies trial begins
Specialist engineering company Pressure Technologies updated the market on the intended prosecution by the Health & Safety Executive on Monday, following a fatal accident at its subsidiary Chesterfield Special Cylinders in June 2015.
Open Orphan signs pharmacology trial contract with Carna
Rare and orphan drug consulting services provider Open Orphan announced the signing of a contract with Carna Bioscience for a first-in-human clinical pharmacology trial, it announced on Monday.
Jadestone buys into New Zealand's offshore Maari Project
Asia-Pacific focussed oil and gas company Jadestone Energy has executed a sale-and-purchase agreement with OMV New Zealand - a subsidiary of OMV - to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand, for a total headline cash consideration of $50m (£38. 58m), to be funded from its cash resources.
Real Estate Investors acquires prime retail property in Leamington Spa
Midlands-focussed property investment firm Real Estate Investors announced the acquisition of a fully-let, prime, mixed-use block on The Parade in Royal Leamington Spa on Monday, for £7. 45m, generating a net initial yield of 8. 05%.
IQE warns on profits amid tough trading conditions
Semiconductor wafer products and materials solutions provider IQE updated the market on its trading for the year on Monday, reporting that it now expected to deliver revenue of between £136m and £142m, down from its previous guidance range of £140m to £160m, including a forex tailwind of circa £3m.