Iconic Labs PLC (LON:ICON) has announced that the JOE and HER media group has entered into a strategic partnership with Premier Media Broadcasting Limited (Premier Sports), which will see the UK & Ireland sports broadcaster make an equity investment into the media group, with JOE and HER to provide digital content rights across multiple sports. The main market–listed company pointed out that is a landmark agreement between a digital publisher and a broadcaster to share rights and formats across both entities’ audiences. The multidivisional new media and technology business noted that the JOE and HER media group is managed by the company, Greencastle Acquisition Limited and Premier Sports. In a separate statement, Iconic Labs also announced that it has agreed with Greencastle Acquisition – which is the holding company of the JOE and HER Media and Lovin Media businesses – to change the basis on which the management services that are currently provided in respect of the JOE and HER and Lovin’ Media businesses are provided going forwards.
Ceres Power Holdings PLC (LON:CWR) has expanded its fuel cell collaboration with Bosch, moving from prototyping to preparing for mass production. Together they are developing solid oxide fuel cell (SOFC) systems based on Ceres’ proprietary technology. Multiple sites in Germany are aiming to produce the fuel cells, with the partners targeting an initial 200 megawatts of capacity in aggregate. The aim is to create systems that can be used in the stationary power market to enable decentralised power plants in cities, factories, data centres and electric vehicle charging infrastructure.
AfriTin Mining Ltd (LON:ATM) has achieved nameplate tin concentrate production at its Uis mine in Namibia. The company completed production ramp-up for stage I of phase 1 during November 2020. Tin concentrate production totalled 63.9 tonnes for November 2020, representing a 32% month-on-month increase.
Open Orphan PLC (LON:ORPH) said its Venn Life Sciences drug development subsidiary has been awarded two new contracts that start immediately. The first will see Venn’s Paris team manage the randomisation and supply management for a coronavirus (COVID-19) trial to be conducted by an unnamed European pharmaceutical company. The team in Breda, in the Netherlands, meanwhile, will deploy its expertise to deliver process improvements in clinical development for the second new client.
88 Energy Ltd (LON:88E) has signed-up a rig contractor for the proposed Merlin and Harrier exploration wells, drilling on the first of which is slated for February. The move follows Friday’s farm-out news which sees an American oil and gas consortium, Alaska Peregrine Development Company (APDC) agree to acquire 50% of Project Peregrine. In return, APDC will fund the majority of drill costs for the Merlin-1 well, located within Project Peregrine. It has committed to spend up to US$11.3mln on the project. 88 Energy today announced it had executed a rig contract All American Oilfield for the use of Rig 111 to drill the Merlin-1 and Harrier-1 wells.
United Oil & Gas PLC (LON:UOG) has highlighted estimates by consultant Gaffney Cline & Associates which sees some 2.4bn barrels of potential resources in the Walton Morant licence, offshore Jamaica. It comes as the company advances a farm-out process to bring a new partner into the Walton Morant project. The prospective resource is estimated across a total of 11 prospects. Colibri, the most advanced of the prospects, is now estimated to host some 406mln barrels, up around 77% from prior estimates, meanwhile, the Thunderball prospect is another stand-out prospect with an estimated 603mln barrels.
Learning Technologies Group PLC (LON:LTG) has said it is to acquire privately-owned eThink Education for an initial cash consideration of US$20mln. eThink is a North American company operating in the high-growth open-source learning management systems (LMS) market. The newly acquired company will be integrated into Learning Technologies’ (LTG’s) Open LMS business acquired in April 2020. The eThink deal follows Learning Tech’s acquisition of eCreators in September 2020 and marks a further step in the group’s strategic goal of consolidating the Moodle market – Moodle being the world’s most popular learning management system – building further complementary expertise and geographical reach into Open LMS.
Brickability Group PLC (LON:BRCK) said it has bought McCann Limited, a logistics firm that specialises in transporting building materials from factories in Europe to construction sites in the UK. The £1.75mln deal helps secure supply lines and reduce the risk of “Brexit-related delays to logistics and haulage” after January 1, said chief executive Alan Simpson. Brickability, a supplier of construction materials, paid £1.25mln upfront with the remainder being paid in three annual tranches.
Pure Gold Mining Inc. (CVE:PGM) (LON:PUR) (OTCMKTS:LRTNF) said underground exploration drilling has intersected high-grade gold mineralization near the existing main ramp access at the PureGold Red Lake Mine in Ontario, Canada. The company said drilling has successfully extended gold mineralization out from planned stopes, discovered new gold zones that are being integrated into the mine plan, and has confirmed stopes scheduled for near term production.
BATM Advanced Communications Limited (LON:BVC) said an animal feedstock producer has received a protein recovery instrument from the company’s Celitron subsidiary. The unnamed Belgian customer is focused on commercialising industrial-scale insect-based technologies to produce feedstock. It intends to use BATM’s machinery to produce insect protein powder that can be used as a substitute for fishmeal and oils used in aquaculture feed. The entry into a new market segment with the first delivery of this instrument marks a further milestone achieved by Celitron in 2020, BATM said.
Arix Bioscience PLC (LON:ARIX) has noted the presentation by portfolio company Autolus Therapeutics PLC (NASDAQ:AUTL) of new data highlighting positive progress on its AUTO1 programme. AUTO1 is an anti-cancer CAR T-cell therapy currently going through a phase 1 clinical trial as a treatment for relapsed/refractory adult B-Acute Lymphocytic Leukaemia (ALL). In a statement, Autolus said that out of 19 patients evaluable for efficacy, 16, or 84% of the patients achieved minimum residual disease (MRD)-negative complete response (CR) at one month.
Cornish Lithium Ltd is to accelerate the Trelavour hard rock lithium project near St Austell, following the successful production of nominal battery-grade lithium hydroxide. This was achieved using proprietary L-Max and LOH-Max process technologies owned by Lepidico Ltd (ASX:LPD) on lithium mica samples obtained during the maiden hard rock lithium drilling programme earlier this year. Cornish Lithium has now acquired a technology licence from Lepidico which provides Cornish Lithium with an innovative and environmentally responsible metallurgical processing solution for the Trelavour project.
World High Life PLC (LON:LIFE) said it has significant sales growth during the coronavirus (COVID-19) pandemic. In its results statement for the year to the end of June 2020, the investment company focused on the cannabidiol (CBD) health and wellness space said online sales in July were 57% higher than they were in June. The focus at its Love Hemp subsidiary is on increasing market share in the UK and continental Europe. Work is underway on a new production facility that will provide additional capacity to expand beyond Europe.
Condor Gold PLC (LON:CNR) (TSE:COG) has commenced a 4,000-metre close-spaced infill diamond drilling programme within the permitted open pit at La India project, Nicaragua. The programme’s objectives are to tighten the drill hole spacing within the planned high-grade starter pits on the principal La India vein, to provide the sample density required to finalize pit designs and mine schedules ahead of production. The drilling is also targeting nearby inferred resources to upgrade to the indicated level, with a view to including them in the mine plan.
Ariana Resources PLC (LON:AAU) has completed conditional agreements on its joint venture with Özaltin Holding A.Ş and with Proccea Construction. Under the terms of this agreement Özaltin will be acquiring 53% of both Pontid Madencilik Sanayi ve Ticaret A.Ş, the owner of the Salinbas project, and the existing Zenit Madencilik San. ve Tic. A.Ş. joint venture, which is currently owned by Ariana in a 50:50 partnership with Proccea. The joint venture with Özaltin and Proccea involves the partial disposal of the interests of the company in Zenit and Pontid in exchange for US $35.75mln in cash. Separately, Ariana also announced a boost to the resource at the Magellan project. At the Sha sector the resource now amounts to one million tonnes grading 0.80% copper and 0.3% zinc inferred, including a higher-grade zone of 500,000 tonnes at 1.13% copper and 0.3% zinc.
Pembridge Resources PLC (LON:PERE) has announced its third shipment of copper concentrate following the reopening of the Minto mine in Yukon, Canada The shipment left the port of Skagway on board the bulk carrier ‘Ernst Oldendorff’ and is on its way to Niihama in Japan, the company said. It measured 3,900 wet metric tonnes, representing the mine’s production from August 2020.
U.S. Oil & Gas PLC (USOIL) has told investors that the Eblana-9 well at Hot Creek Valley, in Nevada, did not encounter commercial hydrocarbons and is being plugged and abandoned. The Eblana-9 well was drilled down to a depth of 5,250 feet, the company said. It penetrated three potential zones, as targeted, and the company said whilst there was evidence of hydrocarbon migration above cap rock there was no evidence of migration in the targeted zones.
Personal Group PLC (LON:PGH), a leading provider of employee services in the UK, has announced the appointment of Martin Bennett as a non-executive director from January 1, 2021. The group noted that Bennett is an experienced public company director having held a number of executive and non-executive roles for companies within the consumer, technology and other sectors. He currently chairs the boards of two privately-owned technology-led companies, Ventureprise PLC and Foreign Currency Direct PLC, together with the Association of Foreign Exchange and Payments Companies (AFEP), a trade body responsible for the UK payments industry. Prior to these appointments, Bennett held the role of chief executive officer UK of Homeserve PLC having been chief financial officer until 2012, where he led the successful strategic turnaround of Homeserve’s UK business. Mark Winlow, Personal Group’s chairman, commented: “Personal Group and its board will benefit greatly from Martin’s business and technical experience. In particular, he has led regulated businesses and held listed company positions where, amongst other roles, he was responsible for investor relations. I look forward to working with Martin in 2021.”
Power Metal Resources PLC (LON:POW) the AIM-listed metals exploration and development company said it has received a notice to exercise warrants over 8,000,000 new ordinary shares of 0.1p each in the company at an exercise price of 1.0p per ordinary share. The company noted that subscription monies of £80,000 have been received by Power Metal in respect of this exercise.
Block Energy PLC (LON:BLOE), the exploration and production company focused on Georgia, has announced that an employee has exercised nil-cost options to acquire 65,415 ordinary shares of 0.25p each in the company which will be satisfied using existing shares held in the Block Energy Employee Benefit Trust (EBT). Following the exercise of these options, the remaining number of shares held by the EBT will be 37,972,141, representing 8.66% of the current total issued share capital.
W Resources PLC LON:WRES), the tungsten, tin and gold mining and exploration company with assets in Spain and Portugal, said it has received a conversion notice from Atlas Capital Markets for £100,000 of Convertible Bonds plus interest relating to August to November 2020, being the second conversion notice in respect of the first £500,000 tranche drawn from the £4mln facility that was first announced on March 30, 2020. The company said it will issue 96,300,548 ordinary shares of 0.1p per share at a conversion price of 0.1111p per ordinary share.
Galileo Resources PLC (LON:GLR) confirmed that it has issued a total of 12,500,000 fully paid ordinary shares in the company at a price of 0.6p per share under the exercise of warrants in terms of the placing agreement dated October 17, 2019.
Bezant Resources PLC (LON:BZT), the copper-gold exploration and development company, said that under the exercise of warrants at a price of 0.16p per share in terms of the fundraising announced on August 28, 2020, the company is issuing a total of 15,000,000 fully paid ordinary shares of 0.002p each in the company.
Jubilee Metals Group PLC (LON:JLP), the AIM and Altx traded metals processing company said it has received notification from a warrant holder to exercise 694 445 existing warrants of the company, representing 0.03 % of the enlarged issued share capital at a price of 6.12p (123.75 rand cents) each. The exercise amounts, in aggregate, to a cash value of £42,500 (859,350 rand).
IQ-AI Ltd Ltd (LON:IQAI) said that further to its announcement dated November 9, 2020, the group has alloted 282,460 ordinary shares in IQ-AI to Mayo Clinic at 13.21p per ordinary share. The new ordinary shares were issued in accordance with the research and collaboration agreement regarding IB Trax between Mayo Clinic and Imaging Biometrics, a subsidiary of IQ-AI. In a separate statement, IQ-AI said it has been notified that Trevor Brown, CEO of the company, sold 5,166,667 ordinary shares in the company indirectly via Free Association Books and directly in his own name. Following this transaction, it added, Brown continues to hold 42,360,736 ordinary shares in the company, representing approximately 26.39% of the issued ordinary share capital. In addition, he continues to hold £50,000 convertible loan notes convertible at 2p and £250,000 convertible loan notes convertible at 1.5p.
Arkle Resources PLC (LON:ARK) said that, under a warrant conversion notice, it has issued 2,000,000 ordinary shares of EUR0.0025 each at an exercise price of 0.50p per share. The proceeds of the exercise of £10,000 will be used for additional working capital, it added.
Impax Environmental Markets PLC (LON:IEX) said that details of its portfolio as at the month-end August 31, 2020, are now available on the company’s website at: https://impaxenvironmentalmarkets.co.uk/about/documents/
Deltic Energy PLC (LON:DELT), the AIM-quoted natural resources investing company progressing its high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, said it has released a new corporate presentation. This presentation reflects recent developments, with particular focus on the award of six new licences covering twelve full and part blocks in the 32nd licensing round, announced on December 1, 2020, and the recent prospectivity update on the Licence P2428, which contains the Cupertino Area. The corporate presentation is available on the homepage at the company’s website: www.delticenergy.com
Incanthera PLC (AQSE:INC) has announce that it will report its interim results for the six months ended September 30, 2020, on Tuesday, December 8, 2020. The company said it will provide a live presentation of its results via the Investor Meet Company platform on Tuesday 8 December at 12.30pm GMT. Investors can sign up to Investor Meet Company for free and add to meet Incanthera via the following link: https://www.investormeetcompany.com/incanthera-plc/register-investor