Economic and Market News for 12 February 2021

Kromek 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...

Gold 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...

Biopharmaceutical 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...

Wind 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...

Gold 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,...

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...

Mining 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...

Resource-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...

Copper-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...

Mining 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...

Mineral 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...

Advisory 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...

Infrastructure 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....

FastForward 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...

Engineered 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...

Apax 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...

Wind 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...