Tiziana Life Sciences PLC (NASDAQ:TLSA) has developed a handheld inhaler that will allow the rapid delivery of TZLS-501, its drug to treat inflammation of the lung caused by the coronavirus (COVID-19). “The technology, we think, provides immediate relief thanks to the delivery speed,” said chairman Gabriele Cerrone in a statement. It has submitted a provisional patent application for the investigational new technology, which could also be used to transport other similar treatments rapidly to the affected areas. Currently, doctors administer life-saving drugs intravenously.

Circassia Pharma PLC (LON:CIR) has said it is to hand the US rights to two respiratory drugs back to AstraZeneca PLC (LON:AZN) and focus on diagnostics. Astra will waive loans and interest of US$149.mln when it takes back the two drugs – Tudorza and Duaklir – though it will retain the 18.9% stake in AIM-listed Circassia that was part of the original deal. In a statement, Circassia said it had carried out a strategic review of the business and the options for the two drugs and concluded it was ‘highly unlikely’ it would be able to refinance the loan from Astra.

Supermarket Income REIT PLC (LON:SUPR) has unveiled plans to raise £75mln through the issue of new shares as it eyes a number of “attractive opportunities across the marketplace”. The investment trust said that it will raise the funds through the issue of shares at a price of 103p each, a 5.7% discount to its closing price on Wednesday. The company said the funds should allow it to purchase two assets with a value of around £115mln, while the company has also identified a further pipeline of assets with an approximate value of £180mln.

Eckoh PLC (LON:ECK) has reported “another record year” for its business with double-digit revenue growth across the group. In an update for the year ended March 31, 202, the secure payments specialist said trading for the period had been “in line with market expectations” with revenue growth across both its UK and US businesses. The group also reported record order levels for the year with 10% growth to £35.9mln.

MaxCyte Inc (LON:MXCT), the global cell-based therapies and life sciences company, expects to continue to see growth in its life sciences business in 2020. In a business update, the company said it made a strong start to 2020 and, although the coronavirus (COVD-19) pandemic has the potential to hit revenues, the MaxCyte business remains resilient due to strong recurring revenues including from consumables and instruments in place under long-term leases with cell therapy partners. Significant growth in the life sciences business segment is expected from 2019’s levels, it added.

Frontier IP Group PLC’s (LON:FIPP) said its portfolio firm, Alusid has launched a new luxury brand of furniture, named Block, incorporating its surfaces made from recycled glass and ceramic waste. The IP investor said the brand, which has been launched by Alusid through an exclusive Kickstarter campaign and in collaboration with design consultancy Collective HQ, will initially make small-to-medium-sized occasional tables.

Silence Therapeutics PLC (LON:SLN) said it has repurposed equipment at its Berlin site to produce critical reagents for coronavirus (COVID-19) diagnostic test kits currently in short supply. The work is being carried on a cost-only basis for a firm called TIB Molbiol and it is hoped Silence’s specialist equipment help significantly increase its partner’s capacity to produce test kits on short notice.

Chaarat Gold Holdings Limited (LON:CGH) has agreed to extend the maturity date of a US$17mln loan and accrued interest of US$2.4mln to December 31, 2020, from March 31. The gold miner said it had agreed the extension with the provider of the loan, adding that it will maintain the existing interest charge of 13% payable at maturity. The company also said Labro Investments Limited, its largest shareholder, has agreed to extend and increase an existing security package it has provided to the lender beyond what was previously announced on September 11, 2019.

In a separate update, Chaarat Gold also published its results for the year ended December 31, 2019, which showed it achieved underlying earnings (EBITDA) at the standalone Kapan Company level, before group accounting and non-cash adjustments, of US$12.7mln for the period. Chaarat acquired the Kapan Mine in Armenia in early 2019, transforming the group from a developer to a producer.

Chariot Oil & Gas Limited (LON:CHAR) has said it recognises that market conditions may expose value-accretive growth assets, that are a strategic fit, and it will remain open to such opportunities. The explorer, in a statement, meanwhile highlighted its focus on the Anchois gas development in Morocco – whilst maintaining capital discipline. It noted that it had US$9.6mln of cash at the end of 2019 and it is tied to no work commitments on any of its licences, plus it is debt-free.

Caledonia Mining Corporation PLC (LON:CMCL) (TSE:CAL) said production at its Blanket gold mine in Zimbabwe was up sharply year-on-year in the first quarter of 2020. During the quarter, Caledonia said 14,233 ounces of gold were produced, up 19% on the 11,948 ounces produced in the first quarter of 2018.

88 Energy Ltd (LON:88E) has repeated that it does not expect to incur any costs from the drilling of the Charlie-1 well, which saw “mixed” results. In a quarterly activities update, 88 Energy also said it would launch a new partnership programme for the Charlie asset. Whilst partner Premier Oil PLC (LON:PMO) has chosen to exit the project, AIM-quoted 88 Energy confirmed that US$23mln was deposited into the joint venture bank account (in accordance with the JV deal) and the well costs remain within the expected budget.

Eurasia Mining PLC (LON:EUA) executive chairman Christian Schaffalitzky has said the company’s mining operations are “ongoing without any impact of [coronavirus]” as it updated investors on its progress. The AIM-listed miner said while the pandemic had not affected its operations, it was maintaining its £600,000 cash position as well as a currently unused credit line of US$1mln (£806,505) from its largest shareholder.

Tharisa PLC (LON:THS) described its production performance in the first quarter of 2019 as “strong”, though the present quarter is impacted by the coronavirus (COVID-19) pandemic. South Africa entered a 21-day lockdown on March 25, and, since April 6 mining activities have continued on a ‘reduced’ basis, just using the 300,000 tonne per month Voyager plant. “We are pleased with the stable performance over this past quarter which was in line with reaching our Vision 2020 targets for the end of calendar 2020,” Phoevos Pouroulis, Tharisa chief executive said in a statement.

Oracle Power PLC (LON:ORCP) said project planning continues despite the temporary slowdown caused by restrictions to prevent the spread of the coronavirus pandemic Publishing highlights of a recent conference call, the firm said the Pakistani government is expected to approve a letter of intent (LOI) in the current quarter. The LOI was submitted in March and its approval will confirm the government’s intention to purchase power from the Thar power project.

Remote Monitored Systems PLC (LON:RMS) has raised £350,000 in a share placing to support the growth of its GyroMetric and Cloudveil businesses.The AIM-listed company said it had raised the funds through a placing of 140mln ordinary shares at a price of 0.25p each, a 44% discount to its closing price on Wednesday. Each share has also been issued with one warrant exercisable at 0.5p per share for one year from date of admission of the new shares.

Bango PLC (LON:BGO), the mobile commerce company, said that, following its announcement on April 3, the £6.5mln investment by NHN into Bango Deep Limited, its subsidiary that owns the Audiens Customer Data Platform business, has been completed. NHN now owns 60% of Bango Deep, with Bango holding 40%.

Advanced Oncotherapy PLC (LON:AVO) has raised £15mln through a direct subscription with new and existing shareholders in the cancer treatment pioneer. The issue price of 25p is in line with last night’s closing price, with the group’s directors subscribing for £190,000 worth of shares. Advanced Oncotherapy said work on its first proton beam therapy site in Harley Street has been halted due to coronavirus restrictions, but it will use the money raised to get regulatory approval of its novel technology.

US Oil & Gas PLC (USOP) has announced a US$83,295 equity raise, issuing shares to private investors. A total of 222,714 new shares in the company are being sold at a price of 31p per share, the company said in a statement. “The proceeds of the placing will be used to provide US Oil with additional working capital, including the funding of drilling operations,” it said.

Ncondezi Energy Ltd (LON:NCCL) has released an update on the status of its Commercial & Industrial solar and battery project in Mozambique following the effects of the coronavirus pandemic. The AIM-listed company said project construction has been put on hold pending further clarity on the impact of the pandemic and lifting of travel restrictions, while a force majeure notice has been issued by the project offtaker due to inability to provide site access for construction at this time. The firm said the target commissioning timeframe for the second quarter of 2020 was still achievable should restrictions ease in May 2020 as per current government guidance.

Location Sciences Group PLC’s (LON:LSAI) has said its first-quarter performance was in line with expectations but added that the second quarter will see some impact from the coronavirus pandemic and it has offered its services to the government during the lock-down period. The location data verification company noted that while half of its revenues are from fixed monthly fees, the other half are based on the volume of location advertising, which looks certain to decline during the lock-down. Location Sciences also announced that all resolutions at its Annual General Meeting held on Thursday were duly passed.

Custodian REIT PLC (LON:CREI) has said it is to amend its dividend policy to reflect the amount of rent the group is being paid through the current coronavirus pandemic disruption. In a statement, the commercial property investor said it will pay a fourth quarterly dividend of 1.6626p for the year to March as it received full collection rent over the past three months. In the current quarter, however, some tenants have sought to defer rental payments with the result that this level of payment would be not be covered by net rental receipts.

Premier African Minerals Limited (LON:PREM) revealed it has signed a US$200,000 secured loan agreement alongside an update for its RHA and Zulu projects. The AIM-listed group said the new loan, agreed with a company owned by a trust of which its chief executive George Roach is a beneficiary, will be used to support ongoing development and provide additional working capital.

Anglo Pacific Group PLC (LON:APF) (TSX:APY) has announced that, as a result of the UK government’s coronavirus measures, and the knock-on effect following compliance with the Financial Conduct Authority’s request to delay the publication of its audited 2019 Annual Report and Accounts, its Annual General Meeting (AGM) will now be held at 2:00pm on May 27, 2020, at the company’s registered office, 1 Savile Row (entrance via 7 Vigo Street), London W1S 3JR. However, in order to comply with the government’s “Stay at Home” measures, shareholders will not be permitted to attend the AGM in person and should, therefore, vote by proxy. The group also said payment of its final dividend for the year ended December 31, 2019, of 4.125p, subject to shareholder approval at the AGM, is now expected on June 18, rather than on June 4 as previously indicated.

Condor Gold (LON:CNR) (TSX: COG) has announced that its Annual General Meeting will be held on Thursday, May 7, 2020, at 11:00 am at the company’s registered office: 7/8 Innovation Place, Douglas Drive, Godalming, Surrey. However, it added, due to current restrictions imposed by the UK government, shareholders will be unable to attend the meeting in person and should participate electronically by registering with the company beforehand.

SigmaRoc PLC (LON:SRC), the AIM-quoted buy-and-build construction materials group, announced it has appointed Peel Hunt as joint broker to the company with immediate effect.

BlueRock Diamonds PLC (LON:BRD), the AIM-listed diamond mining company, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa said that a new corporate presentation will be made available on its website: www.bluerockdiamonds.co.uk

Primary Health Properties PLC (LON:PHP) announced that the scrip dividend reference price for its second quarterly interim dividend in 2020, payable on 22 May 2020, is 155.52p. 

Echo Energy PLC (LON:ECHO), the Latin American focused upstream oil and gas company, said that, further its announcement of April 1, following constructive discussions with certain holders of the company’s Luxembourg listed EUR20.0m 8.0% secured notes it has published its proposals in respect of a restructuring of the notes and a meeting of the noteholders has now been convened to consider the proposals for 10:00am on May 1. A copy of the circular sent to noteholders is available on the company’s website.