--- title: "St Brides Weekly News 06-08-2016" publisher: "Share Talk" author: "sharetalk" published: "2016-08-06T06:00:45+00:00" modified: "2017-09-01T11:59:40+00:00" date: 2016-08-06 canonical: "https://www.share-talk.com/st-brides-weekly-news-06-08-2016/" category: "Marketing PR" categories: ["Marketing PR"] image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&ssl=1" format: "news" language: "en-GB" --- # St Brides Weekly News 06-08-2016 **Published:** August 6, 2016 **Author:** sharetalk **Categories:** Marketing PR **Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&ssl=1) --- ![](https://www.share-talk.com/img/stbrides.jpg) Your chance to recap on client news, interviews and updates from St Brides Partners. **Client catch-up:** **Active Energy **raised £2.05 million this week, the proceeds of which will be used to satisfy strong local regional demand by increasing woodchip processing capacity at its Ukrainian operation by ~33%. **African Potash** signed a new fertiliser supply agreement with Rockwell, which complements its recently announced trading agreement with Nutri-Aid and strengthens its trading presence in Zambia and the wider southern African region. **Atlas African Industries** acquired a 10% stake in Nigerian gaming company BonanzaWin. With the Nigerian entertainment and gaming sector experiencing rapid growth, the acquisition provides significant exposure to an exciting new consumer market. **Europa Oil & Gas** received an extension on its 100% owned offshore Ireland licences, enabling the Company to investigate the prospects further while continuing to seek farm out partners for drilling. Following on from this, Europa identified several large gas leads, which potentially hold up to 1.5 TCF of gas, on two of its recently awarded licences close to the producing Corrib gas field and associated infrastructure, offshore Ireland. **FinnAust Mining** received approval to start the environmental study programme at its Pituffik Titanium Project in Greenland. With multiple activities being conducted, the Company now believe that by the year end, it will be in a solid position from both a project and a permitting perspective. **Horizonte Minerals** completed its acquisition of the Glencore Araguaia project in Brazil which when combined with its Araguaia Nickel Project creates one of the largest, high-grade nickel saprolite projects in the world.  An updated Pre-Feasibility Study is nearing completion which will provide the economics of the combined projects. **Magnolia Petroleum** raised £250,000 to fund current drilling commitments on its acreage in proven US onshore hydrocarbon formations, such as the Woodford and Mississippi Lime in Oklahoma.  Magnolia also released its Q2 2016 update which highlights the production of 242 boepd and new wells coming online in Q3 2016. **Northcote Energy** signed a Letter of Intent with Pemex to provide Mexico’s National Oil Company with waste remediation services.  The Company also announced that it has, with immediate effect, changed its name to Mayan Energy Limited to reflect the Company’s commitment to widening its exposure in Mexico. **Savannah Resources **provided a resource drilling update for Oman which confirmed high-grade copper deposits readily mineable for production in 2017. **Tlou Energy **received confirmation from the Botswanan Government that its Environmental Impact Statement for its ~3.3 trillion cubic feet (3C) Lesedi Coal Bed Methane Project has been approved and will now be submitted for the final review process.  Lesedi is the most advanced CBM project in Botswana and Tlou has recently received approval for a 50MW CBM project. **Vast Resources **announced that it raised £518,678 from its Open Offer and subsequently repaid its £325,000 bridge loan to Darwin Capital Limited. **Wide Cells Group **announced that WideCells, a fully owned division of the Group, is making rapid progress in establishing its state of the art, stem cell laboratory based at the University of Manchester Innovation Centre.  Once completed, the laboratory will be the Group’s first stem cell storage facility in the UK. **Terra Capital,** the investment trust focused on global value opportunities, primarily in frontier markets, produced another positive quarterly performance.  During the six month period to 30 June 2016, Terra Capital’s NAV is up 5.03%,  which compares favourably to the 0.13% fall in the MSCI Frontier market during the equivalent period.  2016 is so far shaping up to be another year of strong relative outperformance, building on a strong 2015 and 2014 in terms of NAV growth, compared to its peers and the wider market. **You may have missed…** Jeremy Martin, CEO of Horizonte Minerals spoke with Share Talk on the back of the completion of its acquisition of the Glencore Araguaia project [https://t.co/EIHVMU7Esx](https://t.co/EIHVMU7Esx) Interview with Joao Andrade, CEO of Wide Cells Group, on the Company’s IPO, listing on the London Stock Exchange[http://bit.ly/2ayZjXG](http://bit.ly/2ayZjXG) **In the news this week…** Financial Times – 05.08.16 **Commodities attract biggest bets since 2009 **[http://on.ft.com/2aXVC2G](http://on.ft.com/2aXVC2G) The Guardian – **Olympics 2016 daily briefing: Rio gets set for ‘analogue’ opening ceremony** – [http://bit.ly/2az1tXd](http://bit.ly/2az1tXd) BBC News – **West Bromwich Albion to be sold to Chinese investment group **[http://bbc.in/2az0WGV](http://bbc.in/2az0WGV) ![LSE ST Article](https://www.share-talk.com/wp-content/uploads/2016/06/LSE-ST-Article.jpg) --- **Original URL:** https://www.share-talk.com/st-brides-weekly-news-06-08-2016/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*