DeepVerge (DVRG) announced an organisational restructure of its environmental and life science divisions. Modern Water will focus primarily on markets in China, South Asia and EMEA. Labskin and Skin Trust Club will primarily target the North American market.
Labskin and Skin Trust Club business units will transfer to Rinocloud Limited, the software and AI company acquired by DeepVerge in May 2019. Rinocloud is focused on the use of AI for analysis.
Dukemount (DKE), said that further to its announcement of 1st November 2022 regarding the suspension of the company’s shares from trading, it has appointed Peterhouse Capital Limited as its sole broker. The company said this change has been undertaken to assist the company to negotiate its way through its current audit process and speed up its route back to trading on the standard list. DKE said it is working with its auditors and funders to complete the audit as quickly as possible so that it can apply to for its shares to be allowed to resume trading.
There was something of a lap of honour RNS from CentralNic Group (CNIC), the internet software company, as it announced its unaudited financial results for the nine months ended 30 September 2022. The company has achieved record 88% rise in revenue and 101% rise in Adjusted EBITDA for the period, driven by sustained organic growth which has been further supplemented with five acquisitions, including one acquisition post the period end.
AfriTin Mining (ATM), an African technology metals mining company, announced further results from the lithium and tantalum drilling programme at the Company’s flagship operation, the Uis Mine. The company said the drill holes are distributed over the entire strike of the pegmatite and are indicative of the consistency of the lithium, tin and tantalum mineralisation. It was particularly encouraged by the lithium grades intersected in drill holes V1V2042 and V1V2056, which further demonstrate the unrealised potential of the Uis orebody.
MetalNRG (MNRG) updated on its investment in the EQTEC Italia’s waste to energy plant being recommissioned in Gallina, near Castiglione d’Orcia in Tuscany, Italy. The company said the project to recommission the Plant remains on track, with the commercial operations date scheduled, as previously announced for the final quarter of 2022.
Bluebird Merchant Ventures (BMV), a gold company primarily focused on bringing historic mines back into production, updated on both the latest trip by CEO Colin Patterson and COO Charles Barclay to South Korea, re the development of the high grade Kochang Gold and Silver Mine and the Gubong Gold Mine, as well as the partnership talks re the development of the company’s Batangas Gold Project in the Philippines.
Tissue Regenix Group (TRX), the regenerative medical devices company, announced that it has signed an exclusive distribution agreement with 2med GmbH, a Hamburg-based service provider for surgical and orthobiological treatments of the musculoskeletal system, for the distribution of OrthoPure® XT in Germany. The multiyear distribution agreement currently covers Germany.
Calnex Solutions (CLX), a provider of test and measurement solutions for the global telecommunications sector, announce its unaudited results for the six months ended 30 September. The company said it was pleased to deliver a strong financial performance during the period, significantly increasing revenue and profit.
Condor Gold (CNR) announced that following a robust and economically attractive Bankable Feasibility Study also known as a Feasibility Study on the La India open pit it has appointed Hannam and Partners to seek a buyer for the assets of the company.
Technology Minerals (TM1), a company focused on battery metals, announced initial results from a lithogeochemical programme and targeting studies at its 100%-owned Aramo Copper-Cobalt-Nickel Project in Asturias, NW Spain. The company said it was pleased the initial results from its sampling survey at the historic Aramo mine within the St. Patrick licence has confirmed high grade Copper-Cobalt-Nickel mineralisation.
Osirium Technologies (OSI), a UK-based leading vendor of cloud-based cybersecurity software, announced that it has conditionally raised £1.53 million at a price of 2p.
Helium One Global (HE1), the primary helium explorer, provide a full project update, including an update on rig selection for the company’s Phase II drilling programme due to commence in Q1 2023. The company has now signed a MoU with Exalo Drilling S.A. for the supply of a drilling rig to be utilised in the Company’s drilling operation on the Rukwa licence.
EQTEC (EQT), a new energy infrastructure group, provided an update on the EQTEC Italia Market Development Centre and on improvements to the plant in support of a sustainable business model, funded by its existing investors. The company said it was eager to get the Italia MDC up and running as another demonstration of EQTEC’s technology in a live, commercial environment. It expects to see operational availability of 90% or more.
Coro Energy (CORO), the South East Asian energy company, provided an update on stabilised production rates from Bezzecca. Production commenced on 8 November 2022 and was initially constrained by the company at lower rates which were increased gradually to keep the Water to Gas Ratio under control, with the plan to reach a stabilised production plateau following the best practices of reservoir management. The well has been producing at a stabilised rate of 15,000 scm/day.
Atlantic Lithium (ALL), the lithium exploration and development company, said that Assore International Holdings Limited voting rights now sit at 25.06% of the issued capital of the Company. Neil Herbert, Executive Chairman of Atlantic Lithium the company welcomes the further investment by Assore and their active involvement and support in developing Ghana’s first lithium mine.
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