Proactive news headlines: Spectra Systems, Capital Limited, Yooma Wellness, Norman Broadbent…


Spectra Systems Corporation (AIM:SPSY) PLC announced record interim profits and the first order for its technology to be used in Keurig’s disposable coffee pods.

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, FRA:0XP) said all resolutions were passed at its AGM except for the motion on an equity incentive plan, which was defeated with 66.7% of votes cast against the proposal.

Belvoir Group PLC (AIM:BLV) hoisted profits by more than 50% in its latest half-year as the booming property market meant strong growth in all divisions.

Powerhouse Energy Group has clarified speculation around a tie-up that could potentially see its DMG waste plastic recycling technology deployed by industrial gases giant Linde.

NFT Investments PLC (AQSE:NFT) agreed to invest in Blimp Technologies Inc which is developing a decentralised real estate collaboration and search platform.

MetalNRG PLC (LSE:MNRG) said data compilation has been completed at its GoldRidge project in Arizona and that it identified a number of areas where mineralisation is present but has never been explored in any detail.

Avation PLC (LSE:AVAP) said there is a high level of confidence that a US Chapter 11 restructuring of customer Philippine Airlines (PAL) would be approved – a move that would provide future certainty around a Boeing 777-300ER leased to the carrier.

Tirupati Graphite PLC (LSE:TGR) has completed the installation and commissioning of its first 9,000 tonnes per year flake graphite module at its Vatomina project in Madagascar. This brings the company’s total production capacity in Madagascar to 12,000 tonnes per year, and keeps it on the path to reaching total production capacity of 84,000 tonnes by 2024.

Cobra Resources Plc (LSE:COBR) said a reverse circulation drilling programme is due to start around mid-October at the Wudinna gold project in South Australia.

Shanta Gold PLC has hit more high grade gold at its West Kenya project. Around 3,205 metres were drilled across 11 holes in June and July 2021 at the Isulu and Bushiangala deposits. Highlights include 2.6 metres grading 23.34 grams per tonne, 4.7 metres grading 117.39 grams per tonne and one metre grading 23.5 grams per tonne.

AfriTin Mining Limited has updated on its lithium and tantalum by-product development programme. Preliminary results from lithium beneficiation test work indicate substantial upgrade potential, and accordingly tantalum by-product development is progressing to the pilot processing design phase.

Pelatro PLC (AIM:PTRO, FRA:7ZB) said it is confident it will meet its revenue target for the year, currently expected to be around US$7.2mln.

Xpediator PLC (AIM:XPD) has appointed Mark Whiteling as its new non-executive chairman, effective from 22 September.

United Oil & Gas chief executive Brian Larkin hailed the exceptional performance of the Abu Sennan licence onshore Egypt to date, though the company and its partners are currently addressing a water-cut issue affecting production.

Vietnam Enterprise Investments Limited notified investors that its board committees have been reconstituted, with Entela Benz-Saliasi chair of audit & risk, Gordon Lawson chair of management engagement, and Vi Peterson chair of nomination and remuneration.

Capital Limited (LSE:CAPD, FRA:C8D) announced the appointment of Cassie Boggs, a highly qualified lawyer with over 35 years’ experience, as an independent non-executive director. With the appointment effective immediately, she will join the nomination committee, remuneration committee, health safety and environmental (HSE) committee and is appointed chair of the newly formed sustainability committee.

Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM, FRA:7AI) said it has awarded options and deferred share units for an aggregate of 7,355,500 common shares of the company to certain directors, officers, employees and consultants under the long term incentive plan approved by shareholders on January 25, 2021.

Norman Broadbent PLC (AIM:NBB), an executive recruitment firm, said Kevin Davidson will be joining the board as chief executive effective today.

San Leon Energy PLC (AIM:SLE, AQSE:SLE, FRA:SZX1, OTC:SLGYF) told investors that talks over a potential transaction to restructure its interests in OML 18 are ongoing.

Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) said it has received US$33.7mln of payments from the Kurdistan authorities.

Challenger Energy Group PLC (AIM:CEG) has received a key certification from the Trinidad and Tobago authorities – the STOW-TT (Safe to Work in Trinidad & Tobago) confirms compliance with Health, Safety and Environmental standards.

CentralNic Group PLC (AIM:CNIC), an internet platform company, has appointed Carsten Sjoerup, previously chief investment officer at GoDaddy (NYSE:GDDY), to the newly created role of chief technology and product officer.


Please enter your comment!
Please enter your name here