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Proactive news headlines: finnCap, Europa Metals, InnovaDerma, IronRidge Resources…

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FinnCap Group PLC (LON:FCAP) has reported a surge in profits and a record performance for its first half which it said has provided it with the confidence to resume dividend payments. In a separate announcement, finnCap said it will appoint Robert Lister as its chairman on January 1, 2021, replacing current chair Jon Moulton who will retire from the role on December 31 after eleven years at the company.

Europa Metals Ltd (LON:EUZ) has released the findings of a preliminary economic study for the Toral lead-zinc-silver mine project, in north west Spain, proposing a significantly larger mining operation. It envisages a 700,000 tonnes per annum operation over a 12-year life.

IronRidge Resources Limited (LON:IRR) has extended the Dorothe, Echbara and Am Ouchar licences in Chad by four-years. Planning is underway for field programmes to resume in 2021, with the intention to focus on drill testing the Dorothe target prior to the onset of the wet season next July.

Red Rock Resources PLC (LON:RRR) has appointed mining consultants to provide an updated mineral resource report for its Kenya gold project following a renewal of its licenses at the site in August. The company has also issued warrants to Riverfort Global Opportunities PCC and YA II PN in consideration of the extension of existing loan facilities.

Emmerson PLC (LON:EML) told investors it has now completed all of the workstreams required for an environmental and social impact assessment (ESIA) for the Khemisset potash project in Northern Morocco. It highlighted that the work has been completed in line with International Finance Corporation (IFC) performance standards and the ‘equator principles’, which are global benchmarks for mining projects.

OptiBiotix Health PLC (LON:OPTI) said its subsidiary has granted a licence for the US and Canada for its LPLDL next-generation probiotic. Genuine Health Inc will develop a product that it will submit for sign-off from Health Canada for cardiovascular and other claims.

Seneca Global Income & Growth PLC (LON:SIGT) has declared a second interim dividend for the current year to April 30, 2021, which will be paid next month. A payout of 1.68p per ordinary share will be payable on December 18 and it is the board’s current intention to maintain this level in the second half of the year.

InnovaDerma PLC (LON:IDP), the owner of the Skinny Tan and Roots personal care brands, has appointed a new chief executive with a track record of defining strategies for hair and skin products. Blake Hughes brings with him “extensive” marketing and digital analytics experience, the company added.

W Resources PLC (LON:WRES) has appointed an executive director to focus on overseeing the La Parrilla tungsten and tin project in Spain, and appointed a new chief financial officer. Pablo Neira, who was appointed by the AIM-listed company as a non-executive director in 2018, is based in Spain and is already leading the team at La Parrilla as managing director.

88 Energy Ltd (LON:88E, ASX:88E) has confirmed the completion of a bookbuild process for its A$10mln share placing, which will support its exploration plans in Alaska. “Completion of this placement positions the company strongly as preparations continue for the drilling of the Merlin-1 and Harrier-1 wells, which will test multiple conventional targets, in Q1 CY2021,” the company said.

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