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Proactive news snapshot: C4X Discovery, Hurricane Energy, Alba Mineral Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Company
Woodbois Ltd
LON:OBT
Woodbois Ltd is an African-focused forestry company, divided into three distinct, but highly complementary divisions comprising the production and supply of sustainable African hardwood products, the trading of hardwood and hardwood products, and a reforestation and carbon credit division. The company's forestry division has production facilities in Gabon and Mozambique, managing a total of c470,000 hectares of natural forest concessions.
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Builders and building materials
Elektron Technology shares rise as subsidiary inks distribution agreement
A look at some of the biggest risers and fallers in London on Thursday
Obtala says more sample data needed before deciding whether to proceed with NSMS acquisition
The agricultural and forestry company said Nouvelle Scierie Moderne de Sassandra (NSMS) and Sidani Yahia Younes have agreed to extend the time period for serving notice to acquire 100% of the NSMS share capital
Investments and investor services
FTSE 100 closes higher ending an "ugly quarter"; GKN top riser after Melrose succeeds in bid
Turnaround group Melrose received valid acceptances for its offer for GKN representing around 52.43% of the voting rights
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Proactive news snapshot: Aminex, Solo Oil, Galileo Resources, Eckoh …
A glance at some of the day's highlights from the Proactive Investors newswire
Kosmos Energy falls as tests at Requin Tigre-1 exploration well in Senegal fail to detect any hydrocarbons
A look at some of the London market's biggest risers and fallers on Monday
FTSE 100 succumbs to global profit-taking, closes firmly in red
The UK blue chip index closed down 108.45 points at 7.334, which had been the session low
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Proactive news snapshot: IXICO, Ferrum Crescent, Goldplat …
A glance at some of the day's highlights from the Proactive Investors newswire
PCI-PAL cashes in on recent share price surge as it raises £5mln at a discount
Some of the main news-driven risers and fallers in London on Tuesday...
Obtala raising £4.5mln to support next phase of growth in African forestry business
The funds will support a newly unveiled acquisition in Ivory Coast as well as the ongoing expansion of the recently acquired Woodbois business
FTSE 100 finishes sharply lower as financial stocks weigh
FTSE 100, which has been hitting record highs over the past weeks, hit a five week low
Obtala set to join sustainable timber processing joint venture in Mozambique
An agreement has been reached to set up a JV that will own and operate a timber harvesting, purchasing, processing, export and distribution business in Mozambique.
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Proactive news snapshot: Ortac Resources, Strategic Minerals, Scancell Holdings…
A glance at some of the day's highlights from the Proactive Investors newswire
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Proactive news snapshot: MySQUAR, Live Company Group, Asiamet Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Soco shares rise as it confirms merger talks with Kuwait Energy
A look at some of the top risers and fallers in London today
Obtala expects good momentum seen in fourth quarter 2017 to result in record annual revenue
The firm is still considering a dual-listing in Asia as it continues to see strong interest from Asian-based investors interested in gaining exposure to timber and agriculture resources in Africa through a public vehicle
FTSE 100 closes in red as Wall Street comes off recent highs
London's top tier index closed down nearly 28 points at 7,696
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Proactive news snapshot: Symphony Environmental Technologies, Futura Medical, LEKOIL …
A glance at some of the day's highlights from the Proactive Investors newswire
Obtala announces first step in expansion of timber trading division
“We expect 2018 to be an exciting year for our timber trading division as we begin to increase our share of the growing African export market,” the company said
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Proactive news snapshot: Active Energy Group , Midatech Pharma, WYG …
A glance at some of the day's highlights from the Proactive Investors newswire
TomCo dives as chief executive hands in his notice
Some of the main news-driven risers and fallers in London on Tuesday…
Obtala directors inject US$1mln into timber trading subsidiary
The loan supports the group's timber operation while a separate, external trade funding deal is finalised
FTSE 100 closes in red as UK manufacturing growth slows more than expected
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
Obtala begins due diligence to appoint new nominated adviser
Obtala said due diligence is being undertaken on Northland Capital Partners to confirm the nominated adviser appointment
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Proactive news snapshot: Telit Communications, Sunrise Resources, Acal …
A glance at some of the day's highlights from the Proactive Investors newswire
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Proactive news snapshot: Greatland Gold, SDX Energy, Asiamet Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Rurelec shares more than double as power plant operator confirms takeover talks
A look at some of the biggest risers and fallers today in London
Obtala to appoint new nomad after stock exchange ruling
The Africa-focused forestry and agriculture group said it had already vetted several alternatives
FTSE 100 closes lower ahead of FOMC minutes
The FTSE 100 index closed down 4.46 at 7,533, below the session peak of 7,550.17 but above the low of 7,519.60
City broker thinks Obtala shares are worth double their current market value
"Even after prudently modelling Obtala’s business opportunity with the application of punitive discount rates to reflect all the risks, fair value still appears to be significantly higher than the current share price"
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Proactive news snapshot: Hurricane Energy, AFC Energy, Canadian Overseas Petroleum …
A glance at some of the day's highlights from the Proactive Investors newswire
Greencore Group dives following product recall in the US
The US Food and Drug Administration's sampling found some Listeria monocytogenes in Greencore's sandwiches
Obtala raises US$2mln from forestry arm investment
There were 6 investors who were a mix of high-net worths as well as further management and significant shareholder investments
FTSE 100 closes firmly higher as weak pound gives it a boost
FTSE 100 closed over 66 points higher at 7,438 with budget carrier easyJet the top flyer
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Proactive news snapshot: Sirius Minerals, Galantas Gold, ITM Power …
A glance at some of the day's highlights from the Proactive Investors newswire
Carillion shares crash as it finally publishes delayed results
A look at some notable movers - risers and fallers- in London trade
Obtala sees 'supercycle' ahead for forestry and agriculture
“The trade finance facility will provide the trading division with the necessary capital to achieve 3-4x growth in the next 18 months.”
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Proactive news snapshot: Green Dragon Gas, Ergomed, IXICO …
A glance at some of the day's highlights from the Proactive Investors newswire
Petra Diamonds' shares sparkle after Tanzania lifts export ban
The government of Tanzania has given Petra the go-ahead to resume diamond exports and sales from the Williamson mine.
Obtala expects major Woodbois boost going forward
The company is mulling a dual listing in China or Australia to further strengthen its links with Asian investors
Obtala says second half expansion plans unaffected by delays to subscription agreement funds
Obtala said discussions are continuing with Jiangsu Dolphin International Trading over satisfying conditions of their subscription agreement
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Proactive news snapshot: ITM Power, eg solutions, Haydale Graphene Industries …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive news snapshot: Sound Energy, Horizon Discovery, Hurricane Energy, Gemfields...
A glance at some of the stories on the Proactive newswire today
Obtala issues positive operational update for quarter that included Woodbois acquisition
The statement largely reiterated previously announced information, including news that six forestry management plans have now been approved over 153,500 hectares of its concessions in Mozambique
Investments and investor services
FTSE 100 finishes over 40 points ahead with housebuilders in support
The blue chip index closed up 40.69 at 7,430 on the day
Archive
Proactive end of day news round-up: Tyratech, Futura Medical, 88 Energy ...
A glance at some of the stories on te Proactive newswire today
Passing of break-even milestone by MySQUAR prompts unexpected reaction
The Myanmar-language social media, entertainment and payments platform operator is breaking even at the current run-rate
Obtala increases profit share at Magole Farms and Wami Farms in Tanzania
Obtala's subsidiary Montara Continental has bought 195 hectares of agricultural land at Magole Farms
Due diligence yields pleasant surprises as Obtala completes Woodbois acquisition
Obtalafound on numerous occasions that the WoodBois team had been very conservative in its estimates and projections.
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Proactive end of day round-up: Michelmersh Brick, Scancell, VIctoria Oil & Gas...
A glance at some of the small cap stories on the Proactive newswire today
LPA Group shares fall as it warns on political uncertainty
A look at the biggest risers and fallers among the UK's small caps today
Obtala bags award at the fifth annual Social Stock Exchange Awards ceremony
Obtala was named the Social Stock Exchange's 'Impact Company of 2017'
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Proactive news round-up: Metal Tiger , Europa Oil & Gas, Falcon Media...
A glance at the small cap stories on the Proactive newswire today...
Trakm8 shares jump on roadside assistance technology company telematics contract win
A look at some of the biggest London-listed risers and fallers today
Obtala swoops for US$14.8mln timber trader
WoodBois International owns a 102,000-acre concession and sawmill
Investments and investor services
FTSE 100 closes higher as traders await Fed minutes
The FTSE 100 index closed up 29.61 at 7,514 with easyJet the biggest gainer
Obtala on path to profitability as researcher initiates with ‘conviction buy’
Align Research is tipping the forestry and agriculture specialist to post a maiden pre-tax profit this year
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Proactive news round-up: Mariana Resources, KEFI Minerals, Windar Photonics …
A glance at some of the stories on the Proactive newswire today
Obtala signs letter of intent to invest in sustainable agriculture in Tanzania
The agriculture and forestry company is ready to play its part in the 'Grow Africa' initiative
Archive
Proactive weekly oil news – Hurricane Energy, Sound Energy, Jersey Oil and Gas...
A look back at the week’s highlighted news for junior oilers
Archive
Proactive News round-up: Obtala, Sabien Technology, Sound Energy ...
A glance at some of the stories on the Proactive newswire today
VSA Capital provides fresh boost to Obtala, starting coverage with a 'buy' rating
The analysts noted that their target price offers around 50% upside potential from Obtala’s current share price of 19.25p, which was 0.25p higher on the day
Obtala raises £4mln from Hong Kong investor
Wealth Rank Limited will subscribe for 20mln new shares at 20p
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Proactive news round-up: Sirius Minerals, CloudTag, Sound Energy ...
A glance at some of the stories on the Proactive newswire today
Archive
Proactive news round-up: Hurricane Energy PLC, ITM Power PLC, Genedrive PLC ...
A glance at some of the stories on the Proactive newswire today
Jersey Oil and Gas impresses with Verbier upgrade
Main share price rises and falls at 3.30pm: Jersey Oil and Gas, Beowulf Mining
Obtala focused on increasing active forestry concessions from two to five
Obtala has been working on plans for six out of the group’s 10 forestry concessions in Northern Mozambique, while on the agriculture side in Tanzania plans are afoot to invest in orange orchards.
Obtala welcomes local relationships specialist to board
Jessica Camus "will amplify Obtala's social impact efforts"
Obtala raises more preference capital for forestry arm Argento
Obtala has decided to fulfil excess demand from a December preference share issue.
Obtala delighted with first melon harvest
Dubai is the target market and an expansion is being targeted for July and November
Obtala’s forestry and farming business is on the road to profitability
Impetus comes from an oversubscribed funding which is supporting the Africa focussed forestry and farming business.
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Proactive oil highlights: Andes Energia PLC Aminex plc Baron Oil Cadogan Petroleum Eland Oil & Gas PLC Gulf Keystone Petroleum Limited Nighthawk Energy Haydale Graphene Industries PLC Highlands Natural Resources Plc Hillcrest Petroleum Hornby Plc Hurrica
Round up of oil news headlines from the world of Proactive this week.
Risers & Fallers: Seeing Machines, Scotgold, GCM Resources ...
Significant share price risers and fallers in London at 4.15pm
Obtala Ltd sells off African retail outlets for US$100.
Chairman Miles Pelham said he hoped buyer Rystabelz will build LCS into a prosperous retail network after the group disposed of its 72.69% owned chain of Lifes' Comfort Solutions (LCS) retail outlets
Proactive news round-up: Polo Resources, MaxCyte, Metal Tiger ...
A round-up of small cap stories on today's newswire
Obtala expands BML sales agreement to agriculture
It struck a joint venture with BML earlier this year over marketing and selling its timber products from Mozambique.
Archive
Proactive oil highlights: Aminex, Gulfsands, Highlands Natural Resources, Lekoil, Obtala, Petrel and more...
The round up of this week's news from the world of oil.
Proactive news highlights: Armadale Capital, fastjet, KEFI, Obtala, PureCircle and more...
Name change for Obtala Resources, a spot of bother at US customs for PureCircle and Sound Energy completes first drilling in Morocco.
Obtala receives final payment from forestry investors
Obtala’s timber concessions cover 315,000 hectares in Mozambique.
Proactive news highlights: ANGLE, Eland Oil & Gas, Fastjet, Obtala, Tekcapital and more...
Fastjet agrees to early lease termination, ANGLE's cancer detection device takes off and Obtala agrees to full settlement.
Obtala Resources agrees to investor payment terms
Obtala has received full settlement as part of an investment agreement for its timber concessions.
Obtala Resources outlines strategic goals
Revenues from agriculture (bananas, melons, butternuts, and Mama Jo branded produce) are slated to grow to US$12.5mln over 4-5 years