SpaceandPeople (SAL) shares jump 864.29% to 135p as shares are lifted from suspension
Shares in SpaceandPeople, the retail, promotional, and brand experience specialist soared on Monday after the firm said its temporary suspension from trading on AIM had been lifted.
The company’s shares had been temporarily suspended from trading, pending the admission of new shares of 10 pence each. The Glasgow-based firm informed investors on Friday that it had applied for 2.0 million new shares to be admitted to trading on London’s AIM market.
Lexington Gold (LEX) shares jump 23.68% to 2.35p as drill results exceed expectations
The gold exploration and development firm has received all assay results with respect to Jones-Keystone further to its completed 5,000m reverse circulation drilling programme.
It said the first ever drill results from Jones-Keystone have exceeded all expectations with multiple intersections of 24m width and over, and grades of between 1.37 g/t and 1.69 g/t gold.
The Company believes the results will enable the establishment of a significant maiden JORC Resource estimate for Jones-Keystone of potentially up to 100,000 ounces, which will serve to significantly increase the existing JORC Resource estimate for the combined JKL Project.
N4 Pharma (N4P) shares rise 11.76% to 2.85p as it publishes positive data for Nuvec®
Today, the specialist pharmaceutical company has published positive further data from clinical studies using Nuvec®, a delivery system developed to use in cancer treatments and vaccines.
A study shows tumour suppression, and the company is now trying to analyse whether the treatment went directly to the tumour or whether it was via other organs, it told investors.
Nuvec® has also been successfully loaded with SiRNA and N4 Pharma says this could extend its use. A long-term study on oral applications has produced promising early data.
Tekmar Group (TGP) shares fall 35.90% to 25p as formal sale process commences
Shares in Tekmar fell today after the firm confirmed that it had begun a formal sale process to find a strategic partner in order to aid growth opportunities and strengthen its balance sheet.
The technology and services supplier also published an update for the six months ended 31 March, which revealed “challenging” trading. The company reported that its results were in-line with management’s expectations, with loss before tax up to £3.2m from £2.2m.
The company’s revenues of £13m had fallen from £13.9m when compared with the same period the prior year, while adjusted EBITDA stoof at a loss of £1.8m, up from £1.1m.