Monday, May 10, 2021

Proactive news headlines: Tiziana Life Sciences, Integumen, Strategic Minerals…

Integumen PLC (LON:SKIN) said it has signed a material transfer agreement (MTA) with a company called Aptame..

By admin , in England , at June 22, 2020

Integumen PLC (LON:SKIN) said it has signed a material transfer agreement (MTA) with a company called Aptamer Group that will allow the pair to develop and manufacture a kit to detect SARS-CoV-2 in wastewater. In doing so it will use aptamers, which are synthetic molecules specifically created to bind to another, usually larger, molecule.

Tiziana Life Sciences plc (LON:TILS NASDAQ:TLSA) has allotted and issued 1.8mln ordinary shares of 3 pence each in respect of the exercise of 1,800,000 warrants at a price of 35 pence share, yielding £630,000 in cash proceeds for the company.

Strategic Minerals PLC (LON:SML) has named the client it is suing for lost earnings and damages as CV Investments, a company whose owner has been charged in the US for running a Ponzi scheme. The metals junior was recently awarded US$21.9mln in damages and costs against CV and its principal Brenda Smith.

Primary Health Properties PLC (LON:PHP) has completed the first of two conditional purchases of medical centres mentioned in its May 11 announcement. The acquisition price was £3.3mln; Primary Health has previously indicated that the purchase of both centres would cost £6.9mln, before costs.

FastForward Innovations Ltd (LON:FFWD) said that its portfolio firm, mobile game developer Leap Gaming, has expanded its partnership with 888 Holdings PLC (LON:888). The AIM-listed investment company, which holds a 43.4% stake in Leap Gaming, said the deal will see a number of Leaps titles become available through the 888casino website including a selection of ultra-realistic 3D virtual sports games.

Cadogan Petroleum Plc (LON:CAD) has announced the restart of production in the Blazhiv-3 and Blazhiv-3 wells, in Ukraine. The wells were previously shut-in back in November and the restart comes after the signing of new lease contracts.

Custodian REIT (LON:CREI) has announced the terms of its Investment Management Agreement with external discretionary fund manager, Custodian Capital Limited have been amended following the expiry of the IMA's three-year term.

A further three-year term has been agreed with a reduction in the annual management charge from 0.65% to 0.55% of net asset value in excess of £750mln and in the administrative fee from 0.05% to 0.03% of NAV in excess of £750mln.

Nuformix PLC (LON:NFX) has announced the resignation of its chief executive, Dan Gooding. The pharmaceutical company said Gooding will step down from the board with immediate effect but he has agreed to stay until the end of June to conduct an orderly handover. The firms chairman, Christopher Blackwell, will lead the company as executive chairman until a successor is found.

Genel Energy Plc (LON:GENL) has appointed Canan Ediboğlu as its new independent non-executive director with immediate effect. Ediboğlu, formerly CEO of Shell Turkey, joins the board to return the balance between independent and non-independent directors.

Ncondezi Energy PLC (LON:NCCL) booked US$769,000 in joint venture investment expenditure during the financial year to December 2019, and spent US$58,000 on power development. The spending shows a shift in pattern, as exploration at the power project in Mozambique has ceased and accounted for zero expenditure during the financial year. Ncondezi closed out 2019 with US$722,000 in the bank.

Vast Resources PLC (LON:VAST) has raised £1.49mln via a placing of shares at 0.18p. The company has received interest from certain other investors in participating for a further £109,800 on similar terms as the placing and will make a further annouRead More – Source





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