Proactive news headlines: SourceBio International, Ariana Resources, SEED Innovations, Live Company.


SourceBio International PLC (AIM:SBI) said “significant growth” is anticipated for its second half after revenues and earnings soared in the first six months of the year. In a trading update for the six months to June 30, the laboratory services provider reported that adjusted earnings (EBITDA) had jumped to GBP11.2mln from GBP1.7mln a year ago, while revenues surged to GBP37.3mln from GBP10.6mln in 2020

Scirocco Energy has sold a further 5.3mln shares in Helium One since May to raise proceeds of GBP1.22mln. Additionally, Scirocco has exercised one million share options (at US$0.035), meaning its holding in Helium One is roughly 5.26mln ordinary shares or around 0.85%. In aggregate, Scirocco said it had realised GBP3.28mln from sales of Helium One shares since its AIM listing.

Directa Plus PLC (AIM:DCTA, OTC:DTPKF, FRA:88K) noted that Annemiek van Vleuten of the Dutch Cycling Team won a silver medal at the Tokyo Olympics in the road race wearing a shirt printed with the company’s Thermal Planar Circuit(R) technology.

Ariana Resources PLC (AIM:AAU, FRA:4A6) announced better-than-expected gold production from the Kiziltepe mine in the first half of 2021 and maintained its output guidance for the year.

Ergomed PLC (AIM:ERGO, ETR:2EM, FRA:2EM) highlighted “exceptional” results and progress in the first half of 2021 as revenues rose by 38.8% to GBP56mln.

Ceres Power Holdings PLC (LSE:CWR) said it is “on track” to be in line with full-year estimates following strong revenue growth in its first half. In an update for the six months to June 30, the fuel cell and electrochemical technology specialist reported revenue and operating income for the period of around GBP17mln, up from GBP8.9mln a year ago, with an order book of GBP44mln.

TomCo Energy PLC (AIM:TOM, FRA:NI41) said that joint venture firm Greenfield Energy has received the final FEED (Front-End Engineering and Design) study for production facilities for the proposed project in Utah.

Plant Health Care PLC (AIM:PHC) has landed a new distribution agreement with Agrii, described as a leading distributor in the UK, which gains exclusive access to the company’s biostimulant, Harpin ?, in all crops in the UK.

Custodian REIT, the commercial real estate investment trust (REIT) said 95% of rent was collected, excluding contract rent deferrals in the second quarter. The net asset value (NAV) per share rose to 101.7p at the end of June from 97.6p at the end of March while the NAV total return per share, which includes dividend payments, was 7.3%, comprising 1.8% dividends and 5.5% share price appreciation.

Karelian Diamond Resources PLC (AIM:KDR, FRA:KJY1) completed a detailed heavy mineral stream sediment sampling programme on the Colebrooke river, the reported location of the Brookeborough diamond discovery in 1816, in Northern Ireland.

Redx Pharma PLC announced it is moving to phase 2 of trials for its lead drug candidate RXC004, expected to start during the second half of 2021.

Chaarat Gold Holdings Ltd (AIM:CGH, FRA:9IS) produced just under 26,000 ounces of gold equivalent from its Kapan mine in Armenia during the six months to June 2021. All-in-sustaining costs rang in at US$1,063 per ounce, down slightly on a year earlier.

Technology Minerals Ltd, the company developing the UK’s first sustainable circular economy for battery metals, has said that battery-recycling business Recyclus Group Ltd, in which the company has a substantial interest, has appointed Jeff Borrman as chief operating officer with immediate effect.

Eden Research PLC (AIM:EDEN) has signed an agreement with Sipcam for the marketing, distribution and sale of Eden’s fungicide product in four North African countries.

Oracle Power PLC (AIM:ORCP) has appointed Edward Mead as exploration manager for its Western Australian gold projects. Mead is a qualified geologist with more than 25 years’ experience in gold and base metals exploration, mine development and mine production. He has worked in a wide range of geological settings and with projects at various stages.

SEED Innovations Ltd (AIM:SEED) has hailed an announcement from its portfolio company, Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF), that the investee has raised US$9.7mln (GBP7.1mln) through subscriptions in its latest financing round.

Horizonte Minerals PLC (AIM:HZM, TSX:HZM, OTC:HZMMF, FRA:H5W) has published a sustainability report for the year ended 31 December 2020. The report is an overview of the company’s sustainability performance over the 2020 financial year, primarily focussed on the Araguaia ferronickel project in Brazil and also includes data from the Vermelho nickel-cobalt project and corporate head office where appropriate.

88 Energy Ltd (AIM:88E, ASX:88E) said it is looking forward to sharing the final aggregate Merlin-1 well results with shareholders, once the outstanding analysis is complete.

Avation PLC (LSE:AVAP), the aircraft leasing company, has written down the value of its fleet by around US$32mln but said there is evidence in the marketplace that aircraft valuations have started to recover.

Eurasia Mining PLC (AIM:EUA, FRA:EUH) has appointed a new chief executive of its subsidiary companies in the Kola Peninsula of Russia. Konstantin Firstov, former Managing Director of Rosgeo has been appointed as chief executive of the 100% subsidiary Yuksporskaya Mining Company, and as chief executive of the 80% subsidiary Terskaya Mining Company.

Thor Mining PLC (AIM:THR, FRA:T5MC, OTCQB:THORF, ASX:THR) highlighted its progress at the Alford East copper-gold project and Ragged Range gold project, both in Australia, in a quarterly update.

Live Company Group PLC (AIM:LVCG) announced that it has appointed Stephen Birrell as an independent non-executive director with immediate effect. The company highlighted his borad experience as a director in AIM-listed companies, including corporate governance, project management, stakeholder relations, joint venture management and business development, as well as in staging and promoting live events and negotiating rights agreements.

Chariot Ltd (AIM:CHAR, OTC:OIGLF, FRA:C62) said its annual general meeting on 28 July 2021 will be convened remotely, with the minimum necessary quorum of two shareholders being facilitated by the company. Chariot intends to host a webcast ( of the AGM proceedings followed by an update on operations and a question & answer session at the end.


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