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Arix Bioscience PLC, Gfinity PLC, Eco (Atlantic) Oil & Gas Ltd, Union Jack Oil PLC…

(), the early-stage biotech investor, announced a share buyback programme worth up to £25mln. Hardman & Co Research has also published a note on the company which can be found here:

Eco (Atlantic) Oil & Gas Ltd (LON:ECO) said the renewal of the Orinduik licence has been signed off by the oil authorities in Guyana.

() acquired a royalty interest in revenues generated from three fields in the Central North Sea.

(LON:HZM, TSX: HZM) has adjusted its unaudited financial results for the three and nine-month periods to 30 September 2020 following a review by its auditors after the recent US$9.2mln warrants issue. As a result, the nickel explorer has adopted a new accounting policy adopted regarding the capitalisation of borrowing costs due to the interest charge on the royalty financing arrangement between the company and Orion Mine Finance. The net result is a £2.3mln reduction in losses and subsequent £2.3mln increase in net assets with no cash impact. 

announced that 2mln warrants exercisable at 10p and expiring in December 2022 were issued to a group of 13 private investors on January 31, 2021. The oil and gas acquisition and development company also said that 8mln warrants exercisable at 12p and expiring in December 2023 were issued to six investors on February 5, 2021.

(LON: CNR, ) said it agreed to buy a new Semiautogenenuous (SAG) Mill, a key item needed to bring the company’s La India gold and silver project into production, for about US$6.5mln in cash and shares.

PLC () has started drilling a third hole (KKME 1-11a) at the Kalahari Key Mineral Exploration Molopo Farms Complex Project in Botswana. KKME 1-11a is expected to go down 450m to the upper side of a conductive body modelled from geophysical survey data.

Zephyr Energy PLC () said it plans to proceed with a near-term drilling of a side track lateral well off the initial well at its project in the Paradox Basin, Utah.

() has unveiled a new partnership between its Gfinity Digital Media (GDM) business and Magic Lamp Technologies, the owner of interactive video game map creator MapGenie.

Ferro (LON: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, has entered into a subscription agreement for up to US$12.6mln with Vision Blue Resources, a company led and founded by former Xstrata chief executive Sir Mick Davis, and a limited number of co-investors. Sir Mick Davis will join the Ferro Alloys board as chairman following completion of the initial raise.

() said it is to receive US government support to develop its XF-73 technology to combat infection associated with open wounds and broken skin.

() has completed the disposal of its 28.56% interest in the Ausable Reef gas assets, though not exactly as planned.

PLC () has accelerated its earn-in to the Silver Peak silver project in British Colombia, Canada. The project includes the Eureka-Victoria silver mine, the first Crown-granted mineral property in British Colombia. Power Metal now holds a 30% interest in the project, and is forming a project holding company for it with a view to a separate listing on a recognised exchange.

() said the Kiziltepe mine in western Turkey is expected to produce about 19,000 ounces of gold this year, around 90% higher than anticipated in the feasibility plan for this stage.

() announced it will be presenting its technology for graphene dispersion in water-based epoxy coatings at the Corrosion 21 Conference & Expo on April 28.

() said it has agreed for its chief executive Andrew Day to take a temporary leave of absence from the business for health reasons, effective immediately.

() said it expects significant progress in both its food supplement and its cosmetic programmes during 2021.

FastForward Innovations Ltd () hailed a major commercial roll-out for investee company Leap Gaming’s EuroLeague Instant Legends betting product on a range of websites across six countries.

Induction Healthcare PLC () has unveiled commercial contract wins with Sussex Community NHS Foundation Trust and East & North Hertfordshire NHS Trust. Its Induction Booking system will be used to schedule COVID-19 vaccinations and follow-up appointments for the trust’s NHS staff.

() announced the new contract with John Ball Zoo for BRICKLIVE Supersized will take place from the end of March until September 2021.

(), the life assurance group, said it will be reporting its results for the year ended December 31, 2020, on March 30, 2021.

Redx Pharma PLC (LON:REDX) said it has appointed Panmure Gordon (UK) Limited to act as Joint Broker to the company alongside WG Partners with immediate effect.

Read More: Arix Bioscience PLC, Gfinity PLC, Eco (Atlantic) Oil & Gas Ltd, Union Jack Oil PLC…

2021-03-15 10:33:00

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