StockMarketWire.com - The FTSE 100 was up 0.3% to 7,048.39 as travel stocks surged on hopes for an easing of UK travel restrictions

Hostels operator Safestay gained 16.1% to 23.2p said it would undertake a review of strategy options including the sale of the company, after receiving a 'very early' stage potential takeover approach.

Faron Pharmaceuticals advanced 5.2% to 434.1p as it said updated results from an early-stage trial showed that its cancer drug was well tolerated and had the potential to increase survival in patients with a variety of late stage solid tumors.

Sustainable wood products maker Accsys was up 4% to 161.1p as it said it had made a 'strong' start to the fiscal year as revenue and volumes grew amid ongoing consumer demand and uptick in prices in its wood elements products.

Exploration company Kavango Resources ticked up 2.1% to 4.9p as it said it had renewed prospecting licences PL082/2018 and PL083/2018, part of the LVR Project, in the Kalahari copper belt in Botswana.

Gold exploration and development company GoldStone Resources fell 10.6% to 10.15p as it said its plans to bring the Homase mine within its Akrokeri-Homase gold project in Ghana into production suffered a setback amid struggles to secure government approval to use a rented gold elution facility.

Thor Mining said that drilling had commenced at the Kapunda copper ISR project in South Australia. This sent the shares 12.1% higher to 0.99p.

EnviroCopper, in which Thor holds a 30% stake, in collaboration with MinEx CRC, is undertaking a drilling program at Kapunda.

Marketing services company S4Capital announced a merger between Zemoga and its new unitary brand Media.Monks.

The merger marked a 'significant first step towards building a third practice area around technology services,' the company said. It nudged 2.3% higher to 818p.


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