Investments and investor services
Risers & Fallers: Obtala, Plexus, Mirada, TomCo Energy, RedT Energy, Futura Medical
Valentin Bovykin has upped his stake in Obtala above 7%.
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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Obtala Resources shares surge as it welcomes new chairman
Shares in Africa-focused agricultural and timber company Obtala Resources PLC shot up 14% to 7.125p as non-executive director Miles Pelham has been elevated to the position of non-executive chairman.
Archive
Proactive news summary: Pan African Resources PLC, Gemfields PLC, Obtala ..
Obtala's new melons, Bushbeld sets sights on energy storage and a record auction for Gemfields.
Obtala Resources PLC focused on growth and controlling costs
"It is very pleasing, after all the hard work of developing our business platforms to see them move into operational production," said MD, Simon Rollason
Obtala Resources receives first slug of cash from Global Timber
The balance of $300,000 is due to be paid by 1 June 2016.
Archive
Proactive news summary: Summit Therapeutics, Mirada, NetScientific, Solo Oil and more
An update from Solo Oil at Horse Hill, Metal Tiger commences new drilling and Mirada makes it to Mexico.
Risers and fallers: Tribal Group, Stratmin Global Resources, UKOG, Northcote Energy, 88 Energy...
Main share price risers and fallers in London at 4pm
Obtala attracts US$3mln from trio of timber investors
One of the investors, Hong Kong-based Basic Materials, has also set up a sales and marketing arrangement for Asia, Russia and the Middle East.
Investments and investor services
Proactive news highlights: MX Oil, Sirius Minerals, Gulf Keystone and more...
African Potash, Microsaic Systems and Obtala Resources also had news out on Wednesday
Obtala Resources welcomes Mozambican timber move
Obtala Resources has welcomed a Mozambican government move, which it says will safeguard the country's long term timber industry.
Risers & Fallers – Motive Television, Coral Products, Nature Group and more...
Below are the main news-driven share price movements at 1pm.
Obtala going bananas with new Tanzania joint-venture
The formalities of a joint-venture will be concluded “shortly” that will give the AIM-listed agri-specialist access to 1,265 hectares that sits between the Wami River and the main Dodoma to Dar es Salaam highway.
Archive
Proactive weekly mining news summary - Stratex International, Sunridge Gold and Aureus Mining
A fairly busy week for miners with a milestone for Stratex International released yesterday. .
Obtala outlines big plans after award of food safety certificate
Obtala can now market its produce to a wide range of potential customers that stipulate BRC compliance.
Investments and investor services
FTSE100 ends higher; Shire may be eyeing new US bid target
A Shire spokesperson said: "We don't comment on rumour/speculation."
Investments and investor services
Proactive news highlights including DekelOil, Ebiquity, Obtala, Mirada, Xtract, Kibo, Orosur...
There were a lot of miners reporting today in the small cap space
Miners lift London shares after upbeat Chinese data
The FTSE 100 Index climbed 60.9 points to 6330 by lunchtime
Most followed: VW, Burberry, Netflix, Walmart, Tesco, Obtala
Netflix added 880,000 US members in the three months through September
London market rises but Burberry dents sentiment
The FTSE 100 Index climbed 46.66 points to 6316 following overnight gains in Asia
Obtala to spin out timber assets
The listing on the junior AIM market is expected to take place in the first quarter of next year.
Archive
Proactive (non-mining) news summary: Active Energy, Aggregated Micro, Globo, Learning Technologies .
The end of quarter is approaching so companies were rushing out end-June trading updates, leading to a very heavy news day.
Obtala shows progress in first half
After the period, Obtala was awarded GLOBALG.A.P. certification for its agricultural operations in Tanzania.
Proactive weekly mining summary: Eurasia, Shanta, W Resources, Amur Minerals, Gemfield and more...
There was a lot of news this week in the small cap mining space...
Investments and investor services
Proactive news highlights including LGO, Gemfields, Kibo Mining, ServicePower, Shanta Gold and more
There were some gems in the small cap universe today
Archive
Proactive news summary: Eurasia Mining, Mkango, Northcote Energy, North River Resoruces, Obtala ,,,
A summary of the days news from the Proactive universe
Obtala Resources adds two directors to board
The farming group has beefed up its board with the addition of two directors
Archive
Proactive news summary, including Proxama, Stride Gaming, Obtala Resources and Enegi Oil
On a mixed news day, Proxama shares advanced over 9%.....
Obtala awarded farm standard certificate in Tanzania
GLOBALG.A.P. is a recognised international standard for farm production.
Obtala puts a little more meat on the bones of divestment plan
Obtala has given investors a little more clue on how it plans to divest the timber operation.
Proactive weekly mining news summary: Xtract, Mariana, Medusa, Obtala, Hummingbird and more
Beating expectations this week was Xtract Resources after it announced its Chepica mine returned to profitability in May, at least three months ahead of schedule.
Investments and investor services
Proactive news summary including Galasys, KEFI Minerals, Mariana, Dragon Oil, LGO Energy, IMIC
It was a busy day in the world of small caps with a number of eye-catching stories.
Obtala set to expand timber land holdings in Mozambique
Obtala Resources outlined plans to increase its timber land holdings by 13% in Mozambique through buying two new licences and revealed it plans to divest its forestry division there.
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Proactive news summary, including Hummingbird Resources, Iofina, Bezant Resources, AFC Energy and Obtala Resources
On the day of the Queens speech a mixed news bag, which featured miners, biotechs and tech stocks.