Proactive news snapshot: Tlou Energy, Base Resources, Sareum...

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

Tlou Energy Ltd -

Tlou Energy Limited (LON:TLOU) has hailed a “highly active” year as it delivered its results following its selection as a preferred bidder to develop a coal bed methane (CBM) power plant in Botswana.

Base Resources Ltd (LON:BSE)(ASX:BSE) has returned record revenue, earnings and net profits for the year to end June as a result of sales price increases and an increased focus on efficiency.

Sareum Holdings PLC (LON:SAR) said it is confident a partner developing a promising cancer drug it discovered has “every chance” of finding a funding solution for the treatment.

Providence Resources PLC (LON:PVR) has confirmed a further extension of the backstop date for the payment due from Chinese farm-out partner APEC, and, has also now paid a contracted mobilisation fee for an upcoming well site survey for Barryroe.

Thor Mining PLC (LON:THR)(ASX:THR) has appointed Mark Potter to the board as a non-executive director. Potter has a strong track record in mining finance. He is currently a director of Metal Tiger Plc (LON:MTR), and was formerly chief investment officer at Anglo Pacific Group PLC (LON:APF), the London-based mining royalty specialist.

Eco Atlantic Oil & Gas Ltd (LON:ECO, CVE:EOG) has kicked off the Joe-1 exploration well in the Orinduik block offshore Guyana.

Live Company Group PLC (LON:LVCG) has hit what it said was a “significant milestone” on Tuesday as the firm announced bookings for 60 of its BRICKLIVE events.

Faron Pharmaceuticals Oy (LON:FARN) said it has raised £2.3mln from its open offer and share subscription with existing investors contributing £920,000 to the total.

A year of uninterrupted operation of a fuel cell electrode developed by AFC Energy PLC (LON:AFC) and Italy’s De Nora has indicated that it can expect to have a continuous-use life expectancy of at least four years.

Adamas Finance Asia Ltd (LON:ADAM) is restructuring its equity and debt interests in Hong Kong Mining Holdings, the special purpose vehicle holding its interest in Linfen Zhuangpeng Magnesium Co. Ltd.

Retail property specialist Supermarket Income Reit PLC (LON:SUPR) has acquired J Sainsbury's main outlet in Preston for £54.4mln.

Metal Tiger Plc (LON:MTR) has noted an announcement by MOD Resources Ltd (LON:MOD) on the progress of the permitting progress of its T3 copper mine in Botswana.

MOD, in which Metal Tigers holds a 10.48% stake, said in an announcement to the Australian Stock Exchange on Tuesday that Botswana’s Department of Environmental Affairs (DEA) had finalised its assessment of an environmental and social impact assessment (ESIA) for the T3 project and was about to release it for public review.

ECR Minerals PLC (LON:ECR) shares bounced on Tuesday after initial results from a whole of bag testing at its Creswick project in Victoria, Australia demonstrated “increased gold” in the samples.

Cadogan Petroleum PLC’s (LON:CAD) half yearly results highlighted a 27% increase in oil production compared to the first half of last year.

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