Proactive news headlines: Zoetic International, Guild Esports, EQTEC, Directa Plus…
Zoetic International PLC (LON:ZOE) said it is trading profitably as its latest market update revealed it has brought in an additional US$1mln of orders for its Chill CBD smokes and chews in the space of two weeks.
Empire Metals Ltd (LON:EEE) appointed Shaun Bunn to the board as managing director effective from 1 June 2021. Bunn is a metallurgist based in Perth, Western Australia, with over 35 years’ experience in exploration, mining, processing and project development, including over 25 years’ experience in the gold mining sector.
Futura Medical PLC (LON:FUM) raised more than £10mln though its oversubscribed placing of shares at 40p a pop. The company also raised £2mln through an offer at the same price to retail investors on the PrimaryBid platform.
Guild Esports PLC (LON:GILD) said it has launched an online esports training platform, Guild Academy, to drive the growth of its talent pool of future pro players, fanbase, and long-term revenue streams.
4D pharma PLC (LON:DDDD, NASDAQ: LBPS) said it will present phase II data from its Live Biotherapeutic, Blautix, which was used to treat patients with irritable bowel syndrome subtypes IBS-C and IBS-D. It will do so via a poster session at Digestive Disease Week, on May 22 from 12.15pm EDT to 1pm (5.15-6pm BST).
Cobra Resources PLC (LON:COBR) has completed 138 out of a planned 976 holes in its geochemistry sampling programme on the Wudinna gold project in South Australia. The work will aid in in confirming the orientation of known mineralisation at the Barns and White Tank prospects ahead of a reverse circulation drilling programme.
EQTEC PLC (LON:EQT) and MetalNRG PLC (LON:MNRG) are teaming up to acquire and recommission a waste-to-energy plant in Italy. The plant was built around EQTEC’s proprietary and patented Advanced Gasification Technology.
i3 Energy Plc (LON:I3E, TSX:ITE) has announced a new mutually beneficial agreement with Baker Hughes to restructure a contract entered into previously in 2019.
Love Hemp Group PLC (AQSE:LIFE) (OTCQB:WRHLF) has received notifications from warrant holders to exercise warrants over 34,814,285 new ordinary shares at a price of 1p per share. Cash proceeds of £348,142 from the issue will be used for general working capital purposes.
Directa Plus PLC (LON:DCTA) has reported a 144% surge in revenues over 2020 as the maker of graphene-based products said it had maintained its focus on delivering products into its core environmental remediation and textile verticals.
Landore Resources Ltd (LON:LND) said drilling on the BAM gold deposit, part of its Junior Lake property in Canada, is set to resume on Wednesday after being suspended for the spring thaw. Bonanza grade gold has already been intersected during the current drilling programme.
Cornish Metals Inc (LON:CUSN)(CVE:CUSN) lost C$1.6mln during the year to 31 January 2021, as exploration and evaluation work continued on its portfolio of assets in Cornwall. During the financial year the company raised C$2.4mln and used it for a proof-of-concept drill program at the famous South Crofty tin project and for general working capital purposes.
Emmerson PLC (LON:EML) lost £1.5mln in the year to 31 December 2020 as it continued to work up its Khemisset potash project in Morocco. Cash and cash equivalents stood at £1.14mln at the end of a year during which the company made significant operational, corporate and commercial progress towards establishing what it terms “Africa’s first large-scale potash mine”.
Kodal Minerals PLC (LON:KOD) said a mining licence application for its flagship Bougouni lithium project in Mali is advancing and also provided an update on the exploration programme for its Ivory Coast gold assets.
W Resources PLC (LON:ARES) expects to raise about £2.5mln via a placing and will use most of the proceeds to create a permanent solution to the high water levels at its La Parrilla mine in Spain.