Proactive news headlines: Samarkand Group, Live Company, MGC Pharmaceuticals, Greatland Gold…

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Samarkand Group PLC (LON:SMK) said it has acquired Zita West Products Limited (ZWPL), a UK nutritional supplement brand for the fertility and pregnancy market, as well as a 51% stake in mother and baby nutritional product and probiotics maker Babawest Ltd for a total consideration of around £2.4mln.

Live Company Group PLC (LON:LVCG) said it has acquired a 16.3% stake in Start Art Global Ltd, an online and digital art sales platform that it said also had the potential for the creation of non-fungible tokens (NFTs). 

Next Fifteen Communications Group PLC (LON:NFC) has exercised an option that gives it a controlling interest in Blueshirt Capital Advisors (BCA), the tech-focused capital markets business.

One Media IP Group PLC (LON:OMIP) has acquired the writer’s share to the royalties of more than 250 tracks of Kid Creole and the Coconuts, the band behind hits such as “I’m A Wonderful Thing, Baby”, “Annie, I’m Not Your Daddy” and “Stool Pigeon”.

Catenae Innovation Plc (LON:CTEA) announced it has acquired a 51% interest in Hyperneph Software for £320,000.

Helium One Global Ltd (LON:HE1) has completed its extended 2D seismic programme at the Rukwa project in Tanzania.

Scirocco Energy PLC (LON:SCIR), which has a 4.3% shareholding in Helium One, saw its shares rise on the back of the news.

Silence Therapeutics PLC (LON:SLN, NASDAQ:SLN) has launched a new online game to raise awareness of the rare blood disorder, thalassemia, ahead of International Thalassemia Day on May 8. ‘Blood Run Beta’ (www.bloodrunbeta.game) is free and now available for people to play and learn more about the daily impact of thalassemia and one of its most common symptoms – fatigue. The gene silencing specialist is working on SLN124, a drug that targets the illness.

Argo Blockchain PLC (LON:ARB) has reported higher revenues in April as the firm continued to mine Bitcoin and saw its margins widen slightly. 

MGC Pharmaceuticals Ltd (ASX:MXC) (LON:MXC) (OTCMKTS:MGCLF) has received a second wholesale purchase order of ArtemiC Rescue from Swiss PharmaCan AG (SPC) worth about €640,000.

Ncondezi Energy Ltd (LON:NCCL) has completed on a previously-announced US$500,000 bridge loan from certain company directors to finance the construction of subsidiary Ncondezi Green Power’s 400kWp solar PV plus 912kWh battery storage project in Mozambique.

AfriTin Mining Ltd (LON:ATM) said a Definitive Feasibility Study on its flagship asset, the Uis tin mine in Namibia, confirmed the viability of expanding the current Phase 1 mining and processing facility. The expansion would result in a 67% increase in tin concentrate production. 

Mkango Resources Ltd (LON:MKA, TSX-V:MKA) said it is capable of producing significantly higher recoveries and concentrate grades from the 51%-owned Songwe Hill rare earths project in Malawi than previously expected, according to the results of a flotation pilot plant programme.

Cannabidiol (CBD) specialist Zoetic International PLC (LON:ZOE) said it has raised £6mln before expenses from existing and new investors that will allow it to terminate a financing agreement and fund the commercial roll-out of its main product.

Panther Metals PLC (LON:PALM) has received a renewal of its permit to explore at the Dotted Lake project in Canada, allowing it to progress on plans for up to eight diamond drill holes, ground IP geophysics and revised trenching plans.

Panthera Resources PLC (LON:PAT) said it decided not to extend a term sheet with Galaxy Gold Mines Pvt Ltd following the recent change in the Indian mining law, effectively ending the partnership to advance the Bhukia joint venture gold project.

United Oil & Gas PLC (LON:UOG) added a new discovery in Egypt after its partner Kuwait Energy submitted a notice of commercial discovery to the authorities.

Zephyr Energy Plc (LON:ZPHR) is hitting the ground running in North Dakota where all recently acquired wells are now expected to be online for production ahead of schedule by the end of July.

Pelatro PLC (LON:PTRO) revealed that it has signed a framework agreement with a large Asian telecoms company (telco) that will see Pelatro become more deeply embedded in the telco’s operations.

Vast Resources PLC (LON:VAST) has appointed Nicolae Turdean as Romanian country manager. Turdean has decades of experience in the mining industry, predominantly in Romania. He will work alongside the newly appointed expert management team at the Baita Plai polymetallic mine and in conjunction with Vast chief executive Andrew Prelea.

Kodal Minerals PLC (LON:KOD) has received confirmation that the feasibility study and mining development plan have been ratified and approved by the Direction Nationale de la Geologie et des Mines, after a review of the feasibility study and proposed mining development for the company’s Bougouni lithium project. 

Caerus Mineral Resources PLC (LON:CMRS) has granted Jubilee Metals PLC (LON:JLP) a six-month exclusive period to assess all of Caerus’ surface-based mining waste and tailings assets in Cyprus with a view to converting them into one or more joint ventures.

Custodian REIT PLC (LON:CREI), the commercial property company, said 91% of rent due was collected in the pandemic-affected 12 months to the end of March 2021. Net asset value per share rose to 97.6p from 96.4p three months earlier.

Sativa Wellness Group Inc (LON:SWEL) said innovations to expand its products and services in the wellness sector, as well as the expansion of its clinics, are “working well” as it updated investors on its performance over the last year.

Tirupati Graphite PLC (LON:TGR) said its research centre has developed a ground-breaking graphene-aluminium (Al-Gr) composite, which exhibits significantly higher conductivity and strength properties over aluminium and could be used as a substitute for copper.  

Greatland Gold PLC (LON:GGP) announced the appointment of Canaccord Genuity to provide corporate broking services with immediate effect. Canaccord Genuity will work alongside the Company’s existing brokers Berenberg, Hannam & Partners and SI Capital.

Destiny Pharma PLC (LON:DEST) said it has published its annual report and accounts and confirmed that its annual general meeting will be held on 3 June.

Critical Metals PLC (LON:CRTM) notified that it has issued 200,000 shares at exercise price of 10p apiece for total gross proceeds of £20,000 after receiving warrant exercise notices. Russell Fryer, CEO of Critical Metals, commented: “I am appreciative of the continued support from our shareholders and this further exercise of warrants gives additional strength to the company’s cash position as we continue to pursue acquisition opportunities.”

HANetf, the issuer of ‘white label’ exchange-traded funds, has announced three new appointments as its assets under management last month passed US$2.5bn from US$1.1bn at the start of the year.

Power Metal Resources PLC (LON:POW) has established a new 100% owned and subsidiary ‘incubator’ business: Power Capital Investments Ltd. Power Capital will initially be fully funded by Power Metal.

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