Proactive news headlines: CMC Markets, Redx Pharma, Mkango Resources…


CMC Markets PLC (LSE:CMCX) said that it may split off its contracts-for-difference (CFD) operations, labelled as the ‘leveraged’ business, from its growing investment platform and business-to-business operations.

Redx Pharma PLC (AIM:REDX) said it had dosed the first cancer patient taking part in a phase II efficacy trial of its highly targeted cancer drug, RXC004.

Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) said it entered into a collaboration agreement with Collins Aerospace, the world’s largest Tier 1 avionics company, to deliver eye-tracking technology to the aviation industry.

VietNam Holding Ltd (LSE:VNH) said it will engage closely with its portfolio companies in the south-east Asian country with regard to climate change after Prime Minister Pham Minh Chinh joined the pledge to phase out coal and commit to achieving net-zero carbon emissions by 2050.

Open Orphan PLC (AIM:ORPH, OTC:OPORF) said its Venn Life Sciences arm has renewed a GBP1.5mln, two-year contract with an unnamed major pharmaceutical client.

SkinBioTherapeutics PLC (AIM:SBTX) said it was able to bring in new institutional investors following the sale of shares by its cornerstone investor. OptiBiotix Health PLC (AIM:OPTI) has agreed a one-year lock-in after selling 3.64mln SkinBioTherapeutics shares at 55p each. This takes Opti’s holding down to 20.7% from 23.1% before the disposal.

Destiny Pharma PLC (AIM:DEST) announced Peter Morgan has decided to step down as a non-executive from 31 March 2022. Nick Rodgers, chief executive, added: “On behalf of Destiny Pharma, I would like to thank Peter for his considerable contribution to the company throughout its development as a private company and the transition onto the AIM market.”

Sirius Real Estate Limited has completed the acquisition of Helix Investments Limited, the holding company of the UK-based BizSpace network, for a cash consideration of approximately GBP245mln.

Zaim Credit Systems PLC (LSE:ZAIM) said it traded profitably in the third quarter of 2021, its fifth consecutive quarter of profitable growth, with most loans now issued via its online channel.

Ariana Resources PLC (AIM:AAU) announced the start of drilling programmes at the Salinbas and Tavsan gold projects in Turkey, following a number of delays relating to COVID-19.

Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) booked a loss of GBP591,000 during the quarter to end September 2021. During the period the company continued to de-risk the La India gold project, conducting further infill drilling, as well as some exploration drilling.

Primary Health Properties PLC (LSE:PHP) has made its second acquisition in four days, buying the Bersted Green Surgery, West Sussex, for GBP5.34mln.

Bradda Head Lithium Ltd (AIM:BHL) said it entered into a royalty agreement with Lithium Royalty Corp (LRC) over Bradda’s sedimentary lithium claims in Central Arizona. The agreement is subject to satisfactory due diligence and a site visit from LRC.

ADM Energy PLC (AIM:ADME, ETR:P4JC) has raised a total of GBP475,000 through a share placing, to boost working capital as the company assesses a number of new investment opportunities.

Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) has launched HyProMag Limited in Germany to roll out commercialisation of hydrogen processing of magnet scrap (HPMS) technology into Germany and Europe, and to further support government initiatives to strengthen European rare earth supply chains and accelerate the green transition.

Braveheart Investment Group PLC (AIM:BRH) reported soaring profits for the first half and a huge increase in the book value of its investment in PhaseFocus.

Power Metal Resources PLC (AIM:POW) said it raised GBP1.05mln through a placing that will enable it to accelerate its exploration activities and corporate opportunities.

Panthera Resources PLC (AIM:PAT) said it issued 3.0 million shares and paid GBP0.5mln in cash as part of the previously announced acquisition of Metal Mining India Private Ltd (MMI), the company’s joint venture partner in the Bhukia gold project.

Induction Healthcare Group PLC (AIM:INHC) said it appointed Guy Mitchell as chief financial officer with immediate effect.

Ergomed PLC (AIM:ERGO, ETR:2EM) announces that executive chairman Dr Miroslav Reljanovic will present at the Jefferies London Healthcare Conference at 8am GMT on 16 November 2021. The presentation will be available on the news and events section of Ergomed’s website.

Alien Metals Ltd (AIM:UFO, OTC:ASLRF) announced that it has issued 1.4mln ordinary shares of no par value in the capital of the Company at an issue price of 0.25 pence per share (“New Ordinary Shares”). The New Ordinary Shares will rank pari passu with the existing ordinary shares in issue and application will be made to the London Stock Exchange for 1,400,000 New Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to become effective at 08.00 on or around 19 November 2021.


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