MaxCyte Inc. (LON:MXCT) has inked a new development and commercialization agreement with KSQ Therapeutics, a biotechnology company using its proprietary CRISPRomics discovery platform to achieve higher probabilities of success in drug development. The terms of the agreement will see KSQ obtain non-exclusive clinical and commercial use rights to MaxCyte’s cell engineering platform to develop multiple adoptive cell therapies. In return, MaxCyte is eligible to receive certain milestone payments in addition to other licensing fees.
IXICO PLC (LON:IXI) has achieved its first year of profitability since its admission to AIM in 2013. For the year ended 30 September, the neuroscience analytics firm swung to an underlying (EBITDA) profit of £500,000 from a £600,000 loss in the prior year, while revenues rose 40% to a record level of £7.6mln.
Eurasia Mining PLC (LON:EUA) climbed on Wednesday as it said licence applications for its Monchetundra and West Kytlim projects in Russia were “progressing well” as it advanced plans to expand its presence in the area. In an update, the AIM-listed miner said it has also received written approval from Rosnedra, the Russian federal subsoil management agency, for subsoil use in relation to its Tipil licence, a 24.5 square kilometre area at West Kytlim that in June reported sedimentary units hosting deposits of platinum group metals (PGM). It is now awaiting a formal meeting with the local mines commission to complete the application process.
VR Education Holdings PLC (LON:VRE) is to launch a new 5G virtual reality (VR) device in partnership with Deutsche Telekom, US conglomerate Qualcomm Inc (NASDAQ:QCOM) and Taiwanese tech group XRSPACE. The VR technology firm said its ENGAGE platform, which allows users to construct virtual classrooms and other environments, has been selected as a launch application for the new VR headset, which is scheduled for release in the middle of next year.
Advanced Oncotherapy PLC (LON:AVO) is teaming up with one of America’s premier medical centres to assess the potential of the company’s proton beam technology. The two-year collaboration with the Cleveland Clinic will evaluate “the target conformity of proton mini-beams compared with x-ray stereotactic body radiation therapy”.
Supermarket Income Reit PLC (LON:SUPR) shares nudged higher on Wednesday as the group saw increased rents for two properties in its portfolio. The firm said a retail price index (RPI) rent review for its Sainsbury’s supermarket in Ashford, Kent, had resulted in the annual lease payment rising to £4.04mln from £3.93mln per annum. Meanwhile, a similar review for its Tesco superstore in Thetford, Norfolk, will see rents rise to £2.72mln from £2.64mln per annum.
OptiBiotix Health PLC (LON:OPTI) has announced the appointment of Mikkel Hvid-Hansen as European Sales Leader of its wholly-owned subsidiary, ProBiotix Health Ltd. The life sciences business – which is developing compounds to tackle obesity, high cholesterol, diabetes and skincare – noted that Hvid-Hansen is joining ProBiotix Health from a position as International Sales Manager from Cell Biotech Int., a Korean probiotic company selling bulk ingredients and finished products internationally.
Primary Health Properties PLC (LON:PHP) has inked an £8.4mln deal to providing funding for the construction of a medical centre in Eastbourne, England, as the property investor continues to grow its portfolio. In a statement, the FTSE 250-listed healthcare facility builder said that over 18,000 patients will benefit from primary care facilities to be built for two merged GP practices, and the property will be wholly-owned by PHP after completion.
PCF Group Plc (LON:PCG) has its sights set on a £1bn loan book after the specialist lender posted record numbers in its latest year. Loans outstanding rose 55% to £339mln with profits for the twelve months to September climbing by 54% to £8mln.
Alien Metals Ltd (LON:UFO) is buying a formerly producing Western Australia silver mine in a low-cost, all-share deal. The group is acquiring the Elizabeth Hill Silver Project from Karratha Metals Group. Alien is handing over 200mln shares valued at 0.14p each, or £280,000 in total. The stock comes with 50mln warrants attached that are in the money above 0.25p.
Premier African Minerals Limited (LON:PREM) has taken a 10% stake in a manganese mine MN Holdings after converting a loan into shares. MN owns the Otjozondu mine in Namibia, which is currently exporting 5,000 tonnes lump ore per month at better than 35% manganese with production set to increase, Premier said in a statement. The mine also has an exploration target of 30-50mln tonnes grading at 23%-27% Mn and in the year to June generated revenues of N$21mln (US$1.43mln).
Impax Asset Management Group PLC (LON:IPX) said it is “in good stead” to keep growing as widespread commitment towards a more sustainable economy “has never been stronger”. The AIM-listed company, which invests in projects focused on the transition to a more sustainable global economy, saw its assets under management (AUM) rise to a total of £15.7bn in the two months to 30 November, thanks to net inflows of £500mln.
Pembridge Resources PLC’s (LON:PERE) subsidiary, Minto Explorations Ltd, has received a US$3.7mln revenue payment as part of an offtake agreement with Japanese firm Sumitomo. The payment is for 1,793 dry metric tonnes of copper, gold and silver concentrate mined in November from the firm’s Minto project in Canada.
TomCo Energy plc (LON:TOM) has raised £925,000 through a share placing to support the company’s plans to advance oil and/or tar sands opportunities, along with the ongoing development and revision to its TurboShale system. The company is issuing 142.3mln new shares priced at 0.65p each. The placing was arranged by broker Turner Pope Investments. The placing shares come with warrants, one issued for every two shares, with an exercise price set at 1.5p. The placing comes as Tomco gains access to the Valkor oil sands opportunity through a joint venture in the Uintah basin, Utah, with engineering firm Valkor LLC.
Sunrise Resources PLC (LON:SRES) has flagged a delay to the mine permitting for the CS Pozzolan-Perlite project in Nevada, USA. The company, in a statement, told investors that the delay to completion has been caused by the Bureau of Land Management’s late introduction of additional information reporting requirements for the company’s supplemental environmental reports.
Genel Energy PLC (LON:GENL) has revealed that chairman Steve Whyte has resigned from the company with immediate effect. Earlier this year, in May, Whyte decided he would not stand for re-election at the 2020 annual general meeting. Whyte is being replaced by George Rose who is stepping up from his position as senior independent non-executive director to be Genel’s interim chairman whilst a permanent replacement is selected.
Bango PLC (LON:BGO), the mobile commerce company, has announced the appointment of two non-executive directors (NED). It said Sir Eric Peacock joins the company as senior independent NED, to guide and support the expected rapid growth of Bango as it builds on its global relationships and capitalizes on its data monetization technology. The group noted that Peacock has broad experience in a range of CEO, Chair and NED roles in public and private companies including Stage Technologies, Achieve Global, Halo Intl., and Babygro plc. The company also said Frank Bury has joined it as an independent NED bringing with him a career spanning 27 years in finance, having spent 12 years in the City of London and 15 years running venture investment partnerships in the tech and emerging markets sectors. He is currently a NED at Smartlogic, bio-tech innovator Domainex Ltd and at TS Lombard.
Benchmark Holdings PLC (LON:BMK), the aquaculture health, advanced nutrition, and genetics business, said that Malcolm Pye, who stepped down as its chief executive officer in August to become a non-executive director of the company, has decided to retire from the board with effect from today in order to pursue other opportunities. Benchmark’s board reiterated its thanks to Pye for his considerable contribution during his time with the group.
Baker Steel Resources Trust Limited (LON:BSRT) said its unaudited net asset value per ordinary share, as at 29 November 2019, was 68.4p. It noted that the NAV per share decreased by 0.6% against the NAV as at 31 October 2019, primarily due to a fall in the share price of Polymetal International PLC (LON:POLY) on the London Stock Exchange.
Ariana Resources PLC (LON:AAU), the AIM-listed exploration and development company, said it has been informed that further to a purchase of 460,000 ordinary shares in the company on 29 November 2019, Stephen Bingham now holds 32,110,000 ordinary shares, representing a holding of 3.03% of the group’s total issued share capital.
Bluejay Mining PLC (LON:JAY), the AIM and FSE listed company with projects in Greenland and Finland, announced that its CEO Rod McIllree and executive director Bo Møller Stensgaard are keynote speakers at the Confederation of Danish Industry’s Greenland Conference 2019 held today in Copenhagen. The group said Møller Stensgaard and McIllree will discuss the strategic location of Greenland and its significance for the mining industry.
Frontier IP Group PLC (LON:FIPP), a specialist in commercialising university intellectual property, announced that, at its annual general meeting held earlier today, all resolutions were duly passed on a show of hands.