Small Caps
Capital Metals progresses Eastern mineral sands project
Sri Lanka-focussed natural resources developer Capital Metals updated the market on progress at the Eastern mineral sands project on Tuesday, reporting that it was in the final stages of the environmental impact assessment process, having completed all necessary workstreams.
Trackwise Designs extends deal with EV manufacturer
Printed circuit technology company Trackwise Designs announced an extension and amendment to its product manufacture and supply agreement with a UK-based manufacturer of electric vehicles, originally announced in September 2020.
Losses widen for TomCo Energy
Oil development company TomCo Energy reported an operating loss of £0. 74m in its interim results on Tuesday, widening from £0. 38m a year earlier.
Scancell makes progress with 'Covidity' trial plans
Immunotherapy developer Scancell updated the market on ‘Covidity’ clinical trial plans, and the publication of preclinical data on two vaccine candidates from the research programme.
Good Energy performing in line with expectations
Renewable electricity supplier and energy services company Good Energy Group said on Tuesday that performance in the year-to-date had been in line with its expectations, showing a “marked improvement” over 2020, which was adversely affected by several Covid-19 factors, including the first national lockdown.
Gear4music revenues surge in 'transformational year'
Musical instruments and equipment retailer Gear4music said on Tuesday that the 2021 trading year had been "a transformational year for the group", with the firm delivering "an exceptional financial performance" despite "unprecedented operational challenges" presented by the Covid-19 pandemic and Brexit.
One Media iP acquires Barry Blue-produced Heatwave royalties
Digital music intellectual property investor One Media iP Group has acquired the producer royalties to three of Heatwave’s albums, produced by Barry Blue, being 1976’s Too Hot To Handle, 1978’s Central Heating, and 1982’s Current.
OPG Power Ventures delivers solid FY cash generation, significantly reduces net debt
Indian power plant operator OPG Power Ventures said on Tuesday that it had delivered "very strong cash generation" and achieved "a significant reduction in debt" during the year ended 31 March despite disruptions caused by the Covid-19 pandemic.
4basebio files for patent on novel DNA type
Specialist gene therapy life sciences company 4basebio UK has filed a patent application for a novel protected and stabilised linear synthetic DNA type, dubbed ‘osDNA’, it announced on Tuesday.
Falcon Oil begins work programme on Beetaloo sub-basin
Falcon Oil & Gas announced the start of its 2021 work programme on Tuesday, starting with operations at Kyalla 117 in the Beetaloo Sub-Basin of Australia’s Northern Territory with its joint venture partner Origin Energy B2, a wholly-owned subsidiary of Origin Energy.
Karelian upbeat on aerial magnetic survey over Kuhmo target
Finland-focussed exploration company Karelian Diamond Resources announced on Tuesday that an unmanned aerial vehicle (UAV) detailed high-resolution magnetic survey had been conducted over its ‘Anomaly 5’, or Tervavaara, target in the Kuhmo region in the east of the country.
LPA Group to work on new-build carriages for East Midlands Railway
Electronic connector manufacturer LPA Group has locked in a contract win that will see it work on over 150 new build train carriages in the UK's East Midlands Railway Aurora InterCity Fleet.
Audioboom experiences 'strong sales momentum' in H1
Podcast company Audioboom said on Tuesday that it has continued to experience "strong sales momentum", with signed advertising bookings after less than six months of this year now representing more than 99% of recently upwardly revised market expectations for full-year revenues.
Morses Club sees 'steady increase' in customer demand during Q1
Doorstep lender Morses Club said on Tuesday that it had seen "a steady increase" in customer demand in both its home collected credit and digital divisions in the first quarter of the year despite the continued impact of the Covid-19 pandemic on trading.
Proton signs UK deal to add fuel cells to electric trucks
Hydrogen fuel cell and electric hybrid technology company Proton Motor Power has signed a memorandum of understanding with Electra Commercial Vehicles, it announced on Tuesday, to develop a zero-emission fuel cell truck market in the UK and Ireland.
Novacyt swings to huge profit after pivot to Covid test portfolio
Clinical diagnostics specialist Novacyt announced a more-than-twentyfold improvement in group consolidated revenue in its full-year results on Tuesday, to £277. 2m, as its gross margin improved to 76. 3% in 2020, from 64% in 2019.