Proactive news snapshot: Itaconix, Tekcapital, DP Poland, Alba Mineral Resources...

A glance at some of the day's highlights from the Proactive Investors newswire


Itaconix Plc (LON:ITX) has received its first European order for its bio-based detergent polymer. No financial details were given, while the end customer was simply described as a “major producer of non-phosphate automatic dishwashing detergent products”.

Florida has moved to legalise self-driving cars – good news for Tekcapital PLC’s (LON:TEK) portfolio company, Guident, which has hailed the “visionary” decision.

Alba Mineral Resources plc (LON:ALBA) told its investors that the BRX4Z sidetrack well, at the Brockham project, has been successfully perforated to the Kimmeridge formation. After the re-perforation, tubing was deployed and a hydraulically-set bridge plug was installed.

Falcon Oil & Gas Ltd (LON:FOG) told investors that the environmental management plan for the Kyalla 117 N2 exploration well has been accepted. It is proposed that the well will be drilled, stimulated and tested.

DP Poland PLC (LON:DPP) has expanded its store estate to 66 covering 30 towns and cities in its first quarter. In a trading update ahead of its AGM on Friday, the company, which operates the Domino’s Pizza franchise in Poland, said it had opened three new sites in the quarter as well as signing leases for another four.

Avation PLC’s (LON:AVAP) deal with airBaltic has won the ‘Operating Lease Deal of the Year 2018’ award from industry publication Airfinance Journal at its Deal of the Year Awards in New York.

Symphony Environmental Technologies PLC (LON:SYM) said it was confident of hitting its financial targets for 2019 as it expects “significant growth” in the second half of the year.

Strategic Minerals PLC (LON:SML) has made its first sales of copper cement from the Leigh Creek mine in Australia. An initial shipment of five tonnes came from the Mountain of Light processing facility.

Rambler Metals and Mining PLC (LON:RMM) processed a record level of ore for the second year running through its Nugget Pond facility in Newfoundland. In total, the facility processed 364,176 dry tonnes in 2018 at a feed grade of 1.24% copper and 0.57 g/t gold.

Oracle Power Plc (LON:ORCP) told investors that a memorandum of understanding between the company and its Chinese partners were ceremonially signed in Pakistan. It noted that the signed document certain sections present in a previous version had been removed, though in a letter dated 2 May, from one of two partners, indicates that the prior March 2019 agreement remains valid and the document received on 1 May 2019 is only ceremonial.

Taptica International Ltd (LON:TAP) has launched a new specialist video advertising unit called the Creative Studio as it continues the integration with RhythmOne after last month’s merger.

Virtual and augmented reality technology investor Sure Ventures PLC (LON:SURE) added stakes in a holographic company and advertising platform to its portfolio over the past three months. VividQ is a deep tech business specialising in software designed to trigger mass adoption of 3D holography, while Admix enables AR/VR developers to monetise their content.

ITM Power PLC (LON:ITM) has welcomed the findings of the report from the Committee on Climate Change. The report was released yesterday at the request of the government, and, it contends that the UK can ‘end its contribution to global warming’ within 30 years via the adoption of new ambitious targets to cut greenhouse gas emissions to zero by 2050.

PCG Entertainment Plc (LON:PCGE) said discussions regarding the proposed reverse takeover reverse takeover of Vox Markets Limited and Align Research Limited are ongoing and shares will remain suspended beyond the notice period.  The group’s advisor and nominated advisor Allenby Capital Limited, has quit and is in talks for replacement.

Physiomics Plc (LON:PYC) said it plans to follow up with participants at the SME Dragon's Den event it attended on Thursday to garner feedback, form partnerships and access further data for developing and validating its personalised oncology tools.

Nu-Oil and Gas Plc (LON:NUOG) has raised £130,098 through an open offer with the proceeds to be used for working capital requirements and its 50%-owned joint venture, Marginal Field Development Company, including implementation of its gas-to-wire initiative.

BB Healthcare Trust said it has issued £3.2mln worth of shares. It issued 2.4mln ordinary shares at a price of 136p each, a premium to its current net asset value per share.

WideCells Group PLC (LON:WDC) chief executive, John Quinlan, will be presenting at an investor evening hosted by Turner Pope Investments Ltd, on May 13. "His presentation will provide an overview of the newly-established Iconic Labs and its growth strategy," the firm said.


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