IQ-AI Limited (LON: IQAI) said it has received US regulatory clearance for a virtual biopsy that can help assess chronic liver disease. The group noted that it has received US Food & Drug Administration 510(k) market clearance for the Liver Surface Nodularity (LSN) software developed by AI Metrics. IQ-AI unit, Imaging Biometrics, has the global rights to manufacture, market, and distribute the technology, which presents a new way to analyse CT scans for conditions including liver inflammation, early fibrosis, advanced fibrosis, and cirrhosis.
Alpha Growth PLC (LON:ALGW) said that assets under management (AUM) at its BlackOak Alpha Growth Fund have grown to roughly US$20mln. The financial services specialist in the growing senior life settlement asset class said it received US$7.6mln in subscriptions in October alone. The growth in AUM is significant because some investors are prohibited from comprising more than a certain proportion of a fund’s assets, thus as the fund grows, so the range of potential investors grows. The fund continues to perform well and is on course to provide a return within the 10% to 14% target range, Alpha Growth said. For the months of August and September 2020, the returns were 1.82% and 1.42% respectively.
Thor Mining PLC (LON:THR) told investors that the first project milestone has been achieved for its Colorado prospects as sampling results reveal high-grade assays. The company, which is earning into the assets through a deal with vendors American Vanadium (AVU), said the sampling results have exceeded the criteria for the first milestone share issue to AVU. Some 18mln Thor Mining shares are now being issued to AVU as a performance payment. Sampling, carried out in the due diligence period, has yielded assay results of high-grade uranium (up to 1.25%) and vanadium (up to 3.47%). For the performance to apply fifteen or more samples would’ve needed to measure above 0.1% uranium or 1% vanadium.
ECSC Group PLC (LON:ECSC), the provider of cybersecurity services, said it saw momentum continue in the third quarter with adjusted underlying earnings exceeding £50,000 a month. The group also said its revenue for the quarter had exceeded the average quarterly revenue seen in 2019, with Managed Detection and Response (MDR) recurring revenue up 22% compared with the same quarter of 2019. In a sign of growing confidence, the group added that it has resumed recruitment in Security Operations Centres, partner and MDR sales and consultants to meet growing demand.
Bango PLC (LON:BGO) is deploying its data-driven commerce platform to power bundled subscription services for BT Group (LON:BT.A). The electronic payment specialist said its technology will be a “key integration point to deliver a range of third-party products”. Bango added that the partnership will open up greater entertainment and commerce opportunities for BT’s customer base. The first launch will be BritBox, the BBC-ITV ‘boxsets’ offering, where BT customers will be given a six-month complimentary subscription before being offered the chance to continue paying for the content.
Falcon Oil & Gas Ltd (LON:FOG) (CVE:FO) has told investors that flow back operations continue for the Kyalla 117 N2-1H ST2 well at the Beetaloo project in Australia’s Northern Territory. In an operational update, the company noted that following a short initial flow back of hydraulic fracture stimulation fluid to surface, the well was shut-in and production tubing was successfully installed and tested. Subsequently, during late October, flow back operations recommenced and the company said that the well is currently flowing back at a rate of approximately 500 barrels per day with minor gas breakthroughs observed to date. Falcon owns a 22.5% interest in the project which is operated by Origin Energy.
Live Company Group PLC (LON:LVCG) has announced that BrickLive Animal Paradise is currently being installed at Naples Zoo in Florida in readiness to open to the public on November 21, 2020. The AIM-listed media and events group noted that this is the first time it is working with Naples Zoo – one of the oldest zoos in the USA who last year celebrated 100 years as a botanical garden and 50 years as a zoo. Animal Paradise will stay at the zoo until April 2021. The company also announced that BrickLive Safari which is currently at Paignton Zoo in Devon has been extended to January 2021.
Coinsilium Group Limited (AQSE:COIN) has said the strategic business review ahead of its relaunch as a blockchain, open finance and crypto finance venture operator is almost complete. Details of the new strategy, operating model and strategic partnerships will be announced to the market this quarter, it added, together with the renewed corporate branding and website relaunch. Coinsilium added that Wachsman has also been appointed as the strategy and communications advisor to the company in respect of the relaunch and ongoing market strategy.
Stobart Group Limited (LON:STOB) said freight operations at Southend Airport had helped offset some of the disruption caused by the coronavirus pandemic during the six months to end September 2020. The company said revenues for the period dropped by 29% to £53.2mln, with Aviation seeing a 49% drop and Energy, Stobart’s other key division, down by 22.5%. Stobart posted an underlying loss of £4.9mln against a profit of £2.5mln a year ago, though losses by businesses for sale and also a £55mln impairment charge for airlines Stobart Air and failed carrier Propius meant a pre-loss of £77.4mln.
Primorus Investments PLC (LON:PRIM) (AQSE:PRIM) announced that it has completed the sales of its remaining shareholding in Greatland Gold PLC (LON:GGP). The company sold 20,000,000 shares at an average price of 23.09p per share, for gross proceeds of approximately £4,600,000 through a structured series of sales. As a result, the company no longer has an interest in the shares of Greatland. Primorus noted that it realised in excess of £6,500,000 over the life of its investment in Greatland having made an investment of approximately £630,000 in the company in late 2018 and early 2019.
Arkle Resources PLC (LON:ARK) has announced that under the receipt of a conversion notice from a holder of 4,000,000 warrants exercisable at 0.50 pence each, it has on Tuesday issued 4,000,000 ordinary shares of €0.0025 each at the exercise price of 0.50p per share.
Braveheart Investment Group PLC (LON:BRH) announced that it has received notices of exercise of warrants over 489,772 new ordinary shares of 2p each at a price of 40p per share raising a total of £195,908.80. The exercised warrants were granted in conjunction with the placing announced on May 1, 2020.
Remote Monitored Systems PLC (LON:RMS) said that at its general meeting held on Wednesday all resolutions were passed and shareholders have now approved the company’s acquisition of Pharm2Farm Limited (P2F), which accordingly, will be completed on November 5, 2020. As announced on October 19, 2020, the vendors of P2F, Braveheart Investment Group plc (51.72%) and Dr. Gareth Cave, the founder of P2F (48.28%) will receive 310,354,815 and 289,645,185 RMS shares of 0.01 pence each, respectively, equating to an aggregate consideration of approximately £2.3m based on RMS’s closing share price of 0.375p on August 20, 2020. On completion of the acquisition, Braveheart will hold 509,992,405 RMS ordinary shares, representing 34.08% of the enlarged issued share capital of the company, and Cave will hold 289,645,185 RMS ordinary shares, representing 19.35% of the enlarged issued share capital. In a separate statement, RMS also said that it has received notification to exercise a further 6,000,000 warrants at an exercise price of 0.5p each. The consideration received by the company will be £30,000.
Circle Property PLC (LON:CRC), which invests in, develops and actively manages well-located regional office assets, has announced that all resolutions put to shareholders at the company’s annual general meeting held on Wednesday were duly passed.
Base Resources Limited (LON:BSE) (ASX:BSE) has said that the latest company presentation, which was presented on Wednesday at the Africa Down Under Conference in Perth, Western Australia, is available from the company’s website: www.baseresources.com.au
Benchmark Holdings PLC (LON:BMK), the aquaculture health, advanced nutrition, and genetics business, said it will be conducting a presentation covering its final results for the year ended September 30, 2020 for retail investors and wealth managers. The presentation will be hosted online by Trond Williksen, the company’s chief executive officer, and Septima Maguire, its chief financial officer. The event will take place at 12.00pm UK time on Friday November 27, 2020. Questions can be submitted during the presentation to be addressed at the end. To register for the presentation, please visit: Benchmark Holdings Final Results Presentation and Q&A. A recording of the presentation will be available after the event at www.equitydevelopment.co.uk
NextEnergy Solar Fund Ltd (LON:NESF), the solar power renewable energy investment company, has said it intends to announce its interim results for the six months ended September 30, 2020, on Monday November 23, 2020. NESF’s Investment Adviser will host a webcast presentation for analysts on the day of the results. If you would like to receive further details of the webcast, please contact Camarco on 020 3757 4980 or email@example.com
Argentex Group PLC (LON:AGFX), the provider of foreign exchange services to institutions, corporates and high net worth private individuals, has said it will announce its interim results for the six months ended September 30, 2020, on Friday, November 20, 2020. There will be an online analyst presentation at 9.30am on Friday, November 20, 2020. Analysts wishing to register are asked to email: firstname.lastname@example.org