CentralNic Group PLC (LON:CNIC) has acquired Team Internet, a Munich-based domain name monetisation services provider, for US$45mln. The purchase is expected to be “immediately earnings enhancing” for CentralNic’s current financial year and expand the group’s customer base and product set.
Savannah Resources PLC (LON:SAV) has been awarded a third mining concession at the Mutamba mineral sands project in Mozambique, where the company is in joint venture with Rio Tinto (LON:RIO). The concession covers an area of 11,807 hectares and is valid until 3 September 2044.
Shanta Gold Limited (LON:SHG) has unveiled a “significant increase” in reserves and resources at its New Luika gold mine in Tanzania. The AIM-listed miner said newly drilled targets have increased indicated resources at the project to 219,408 ounces, up from 83,543 announced in mid-July and 219% higher than the 57,916 ounces announced at the end of 2017.
Ariana Resources PLC (LON:AAU) has revealed results from the latest round of drilling on the Arzu North vein at the Kiziltepe gold mine in Turkey. Among the highlights from infill resource drilling were seven metres grading 3.34 grams per tonne gold and 54 grams silver, nine metres at 2.44 grams gold and 41 grams silver, and eight metres at 2.88 grams gold and 156 grams silver.
Touchstone Exploration Inc (LON:TXP; TSE:TXP) has achieved a higher-than-expected production rate from its Coho-1 well, onshore Trinidad. Providing a further boost, water production was significantly below what had been predicted ahead of testing.
Mosman Oil and Gas Limited (LON:MSMN) has signed preliminary agreements with undisclosed parties for a potential joint venture at its Amadeus project in Australia.
Cadogan Petroleum Plc (LON:CAD) on Friday revealed that it has agreed to sell its wholly owned subsidiary AstroInvest Ukraine LLC for US$1.2mln. The company highlights that this latest deals means it has agreed to sell up to US$4mln in recent weeks.
Union Jack Oil PLC (LON:UJO) told investors that it is in the process of preparing a possible equity fundraise. In a statement, just after Friday’s market close, the onshore oil and gas junior firm responded to market speculation confirming it is “taking market soundings from investors” over a potential £5mln placing.
Verona Pharma PLC (LON:VRP, Nasdaq:VRNA) chairman David Ebsworth bought £11,750 worth of shares in the company at a price of 47p apiece, bringing his total purchases in the year to roughly £125,000.