Economic and Market News for 12 February 2021
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12 Feb
14:02Kromek Group plans to raise £13m in share offerKromek Group has said it plans to raise up to £13 million to help drive forward its growth plans. The group has announced a conditional firm placing, directors' subscription and open offer to...
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12 Feb
13:40ECR Minerals posts drilling updateGold exploration and development company ECR Minerals said it has completed its first diamond drill hole using the company’s in-house equipment at the HR3 area of the company’s Bailieston project...
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12 Feb
09:42Faron Pharmaceuticals Oy raises €15m gross in discounted equityBiopharmaceutical company Faron Pharmaceuticals Oy said it had raised aggregate gross proceeds of €15 million in a discounted equity placing. The placing price of €4.26 per share, represented a...
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12 Feb
09:40Greencoat UK Wind seeks to raise £198m through placing to repay borrowings and fund pipeline of acquisitionsWind farm investor Greencoat UK Wind has announced the launch of a placing to raise up to £198 million which will be used to repay borrowings and fund acquisitions. The company said it intends to...
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12 Feb
09:32GoldStone Resources granted environmental permit in Ghana for AKHM projectGold exploration and development company GoldStone Resources said it had been granted an environmental permit for its Homase South pit within the AKHM project in Ghana. The environmental prermit,...
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12 Feb
09:17MC Mining names Randazzo interim CEO as recruitment for permanent CEO at 'advanced stage'Resources group MC Mining has appointed Sam Randazzo as interim chief executive while it finalises the recruitment process ahead of acting chief executive Brenda Berlin's departure on 15 February...
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12 Feb
09:09Red Rock Resources placing raises £1m to finance planned drill programmesMining group Red Rock Resources has raised £1 million by way of a placing of new shares, allowing it to 'move forward more rapidly' with three planned drill programmes. The company said the...
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12 Feb
09:01Tiger Royalties and Investments set to receive Bezant shares as settlement of loans made to Metrock following acquisitionResource-focused investment fund Tiger Royalties and Investments said that now the acquisition of Metrock Resources by Bezant Resources has completed, it is due to receive 28,314,815 Bezant shares...
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12 Feb
08:55Bezant acquires Metrock Resources; granted new Namibian licenceCopper-gold exploration and development company Bezant said it had completed the acquisition of Metrock Resources and its mineral exploration licences in Southern Botswana. Under the terms of...
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12 Feb
08:43Serabi Gold reports positive results from regional programmes at Calico and FofocaMining company Serabi Gold has announced further positive results from its ongoing regional exploration activity at its Calico target. The company said it has identified 'significant' geochemical...
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12 Feb
08:08Keras Resources beings construction of processing plant at Diamond Creek phosphate mineMineral resource company Keras Resources said the processing plant was now on site at its the Diamond Creek phosphate mine in Utah, USA, and construction was underway. The new owner-operated...
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12 Feb
08:00FRP Advisory upgrades annual outlook amid ongoing momentumAdvisory services firm FRP Advisory upgraded its outlook on annual performance amid ongoing momentum. At current trading levels, the company said it now expected to exceed current market...
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12 Feb
07:54InfraStrata acquires Burntisland Fabrication for up to £850,000Infrastructure company InfraStrata said it had acquired Burntisland Fabrication for up to £850,000, providing the company with increased capacity across two sites in locations in Scotland....
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12 Feb
07:50FastForward Innovations invests A$1 million in Little Green PharmaFastForward Innovations said it had invested A$1 million (£560,000) in Little Green Pharma, a vertically integrated, medicinal cannabis business with operations from cultivation and production...
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12 Feb
07:39Carclo appoints Phil White as CFOEngineered solutions company Carclo said Phil White would be appointed as chief financial officer from 1 March 2021. White had acted as interim CFO since 16 December 2020. Story provided...
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12 Feb
07:19Apax Global Alpha acquires Herjavec GroupApax Global Alpha said it had acquired a majority stake in Herjavec Group, a managed security services provider and cyber operations company. On a look through basis, Apax Global Alpha was...
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12 Feb
07:16The Renewables Infrastructure Group expands presence in Sweden with onshore wind farm acquisitionWind farm investor The Renewables Infrastructure Group (TRIG) has acquired Gronhult, a 67.2 MW ready-to-build onshore wind farm located in the southwest of Sweden, taking its exposure to...
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12 Feb
07:15Ascential sells DeHavilland brand for £15mInformation and analytics company Ascential said it had sold DeHavilland, a brand within its built environment & policy segment, to the alternative asset management group Bridgepoint for £15...