hVIVO PLC - £3.2m hLAB project
£3.2m hLAB project
Largest standalone lab contract signed to date
hVIVO plc's hLAB has signed a £2.7m contract with a US biotechnology client, bringing the project's total value to £3.2m. This is the company's largest standalone laboratory services contract, engaging hLAB as the sole virology lab for a Phase 2 study on influenza. Most revenue will be recognised in 2025.
Serica Energy PLC - Trading and operations update
Trading and Operations Update - Serica Energy plc
Serica Energy plc reports promising outlook for 2025, highlighting increased asset reliability and the Triton drilling programme's success. Despite reduced 2024 production (34,600 boepd), the company plans substantial cash distributions to shareholders, investment in portfolio, and a potential shift to the LSE Main Market. M&A opportunities are actively being explored.
Kefi Gold and Copper - Legal Claims Against KEFI Dismissed
Legal Claims Against KEFI Dismissed
In a favorable ruling for KEFI Gold and Copper PLC, the English High Court has dismissed all legal claims against the company, reinforcing progress on the Tulu Kapi Project financing. With Early Works completed and project financing nearly finalised, KEFI is preparing for financial close by the end of Q1 2025, marking a significant milestone for the company and its stakeholders.
Predator O&G Hldgs - Acquisition Majority Shareholding Caribbean Rex
Predator Oil & Gas Holdings Plc: Acquisition of Majority Shareholding in Caribbean Rex Limited
Predator Oil & Gas Holdings Plc has acquired a 51% stake in Caribbean Rex Limited, enhancing its production portfolio. This strategic investment includes the Bonasse Field in Trinidad, facilitating the deployment of the company's patented chemical wax treatments. The acquisition aims to optimize production and leverage CRL's $5.3 million tax losses.
BSF Enterprise PLC - BSF Enterprise and Sartorius
BSF Enterprise and Sartorius Sign Strategic Collaboration to Drive Cost-Effective and Sustainable Biotech Solutions
BSF Enterprise, through its subsidiary 3D Bio-Tissues, has partnered with Sartorius to enhance sustainable biotechnology solutions. This collaboration aims to leverage shared expertise to advance cell production efficiency and affordability, particularly in lab-grown leather and alternative proteins, marking a significant milestone for innovation and sustainability in the biotech industry.
Yu Group PLC - Year End Trading Update and Notice of Results
Yü Group PLC Year End Trading Update and Notice of Results
Yü Group PLC reports a robust 2024 with a 40% revenue surge, reaching nearly £650m. Yü Energy saw a 65% increase in meter points, while Yü Smart expanded meter installs by 169%. The Group maintains a strong net cash position of £80.2m and looks forward to continued growth and market share expansion in 2025.
Argentex Group PLC - Trading Update
Argentex Group PLC - Trading Update
Argentex Group PLC reports FY24 revenues of approximately £50.3m, surpassing expectations. Key achievements include obtaining licenses in Australia and Dubai and progress with the Argentex Global Platform. Focused on geographical and product diversification, the Group anticipates launching new services in H2 2025 under strengthened leadership and a detailed technological roadmap.
Rome Resources PLC - Significant Tin Widths Confirmed at Mont Agoma
LABORATORY RESULTS CONFIRM SIGNIFICANT WIDTHS OF TIN MINERALISATION AT MONT AGOMA
Rome Resources Plc reports that initial laboratory results from their Mont Agoma prospect in the DRC reveal significant tin mineralisation widths. Key findings include tin, copper, and zinc intersections up to 38.4m deep. Following successful fundraising, efforts will focus on deeper drilling throughout 2025 to explore the potential of high-grade mineralisation.