Economic and Market News for 10 January 2020
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10 Jan
09:26Ground Rents Income Fund refinances loan with SantanderGround Rents Income Fund said it had refinanced its existing £19.5m loan with Santander UK to take advantage current low interest rate environment. The company secured a new five year, £25m...
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10 Jan
08:58LEKOIL says approval granted for site survey of wells in NigeriaOil and gas explorer and producer LEKOIL said approval was granted for a site survey on two wells at the OPL 310 licence in Nigeria, paving the way to spud the first well in the second half of this...
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10 Jan
08:44Great Western Mining says samples from Nevada operations show 'compelling' signs of precious metals mineralisationGreat Western Mining said results from soil sampling survey at the Rock House area on its properties in Mineral County, Nevada had delivered 'compelling' evidence of precious metals mineralisation....
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10 Jan
08:38Gore Street Energy awards NEC Energy Solutions contracts to construct Northern Irish assetsGore Street Energy Storage Fund said it had awarded NEC Energy Solutions contracts to construct its two Northern Irish assets. Under the engineering, procurement and construction (EPC), and...
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10 Jan
08:18Volution appoints Paul Hollingworth to succeed Peter Hill as chairmanVentilation products group Volution said it had appointed non-executive director Paul Hollingworth to succeed Peter Hill as chairman, who was set to retire at the end of March. Hollingworth had...
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10 Jan
08:05Amerisur Resources wins court delay to keep sale to Geopark in playAmerisur Resources said its sale to Geopark remained in play after a court ruled that environmental damages against the company should be heard at a later date after the transaction had been...
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10 Jan
07:48Frontier IP's Exscientia teams up with Bayer to explore potential heart, cancer drugsFrontier IP said that its portfolio company Exscientia had teamed up with Bayer to leverage artificial intelligence to discover future cardiovascular and oncology drugs. Under the terms of the...
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10 Jan
07:28Great Portland Estates sells office building in London for £64.5mGreat Portland Estates said it had exchanged contracts to sell a building in London to an overseas investor for a headline price of £64.50m. The headline price reflected a net initial yield of...
