Company news

Serabi Gold awards share options

Serabi Gold (LON:SRB) announces that on 7 April 2014 the board of directors agreed to award in aggregate 12,350,000 new options over ordinary shares to its Executive Directors and non-executive Directors (representing 1.9% of the current issued share capital of 656,389,204 ordinary shares). With the exception of the award to Dr. Jones, the options are […]

Kentz issues shares for LTIP

Oil services firm Kentz Corporation(LON:KENZ), has made an application to the UK Listing Authority and the London Stock Exchange for admission to the Official List and (ii) to trading on the London Stock Exchange’s markets for a block listing of 500,000 Ordinary Shares. The LTIP Shares will be issued from time to time to satisfy […]

Avocet changes to reporting standards

Avocet Mining is changing its financial disclosure for the first and third quarters. From the first quarter of this year, the company will issue a summarised interim management statement containing summary financial indicators in place of full IFRS quarterly reporting for the first and third quarters. At 9:55am: (LON:AVM) Avocet Mining PLC share price was […]

Agriterra schedules AGM

Agriterra will hold its annual general meeting at Richmond House, St Julian’s Avenue, St Peter Port, Guernsey GY1 1GZ, on 13 May at 12.15 p.m. At 9:41am: (LON:AGTA) Agriterra Ltd share price was -0.05p at 1.58p Story provided by

Africa Oilfield sets date for AGM

Africa Oilfield Logistics will hold its annual general meeting at Richmond House, St Julian’s Avenue, St Peter Port, Guernsey GY1 1GZ, on 13 May at 12.00 p.m. At 9:37am: (LON:AOL) Africa Oilfield Logistics Limited Ord Npv share price was -0.25p at 8.5p Story provided by

Futura Medical schedules AGM

Futura Medical’s annual general meeting will be held at the offices of Buchanan, 107 Cheapside, London EC2V 6DN, on 13 May at 4.00 p.m. At 9:35am: (LON:FUM) Futura Medical PLC share price was -0.25p at 57.25p Story provided by

Hume to manage council infrastructure fund

Hume Capital Securities has been appointed the investment manager of the newly-created Peterborough Infrastructure Fund. Hume Capital will be responsible for establishing the fund which is expected to be £130m. The purpose of the fund is to provide a holistic approach to infrastructure development for the City of Peterborough and to help the council to […]

Fitch upgrades China Telecom to 'A+'

Fitch Ratings has upgraded China Telecom Corporation Limited’s long-term foreign and local currency issuer default ratings to ‘A+’ from ‘A’. The outlook is stable. Fitch says the upgrade reflects its reappraisal of state support and the assessment that the company is strategically important enough to the Chinese sovereign (A+/stable) – the company’s ultimate majority owner […]

Fitch affirms China Mobile at 'A+'

Fitch Ratings has affirmed China Mobile’s long-term foreign and local currency issuer default ratings at ‘A+’ with stable outlook. Fitch says the ratings reflect CML’s leading position in China’s mobile market and strong financial position. Fitch expects CML to maintain its dominant position over the medium term due to economies of scale, its robust financial […]

ASEAN and India banking systems 'resilient'

The banking systems in ASEAN and India are resilient to the financial impacts of the reduction of monetary stimulus by the US Federal Reserve, or the risk of higher interest rates more generally, Moody’s Investors Service says. Moody’s vice-president and senior credit officer Eugene Tarzimanov said: “The strengths of these banking systems are currently underpinned […]

Atlas Mara inks MOU over privatisation in Rwanda

Atlas Mara has signed a memorandum of understanding with the government of Rwanda to pursue the privatisation of BRD – the commercial arm of the Development Bank of Rwanda. BRD is a 46-year-old institution at the forefront of economic development in Rwanda and if completed the transaction would represent Atlas Mara’s first foray into the […]

Action Hotels to present at London forum

Action Hotels will be presenting at the Proactive Investors One2One Forum on Thursday (10 April). The event will be held at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, London W1J 5EB in the Charles Suite. At 8:26am: (LON:AHCG) Action Hotels share price was 0p at 74.5p Story provided by

Hummingbird fully funded beyond DFS completion

Hummingbird Resources, the Liberian gold exploration and development company, is fully funded beyond completion of the Dugbe 1 project detailed feasibility study. And it says it has grown the Tuzon resource significantly this quarter by adding 500,000 ounces to reach 2.5Moz. Highlights for the three months to the end of March include: Corporate developments: · […]

Baoxin's improved results meet expectations

Moody’s Investors Service says Baoxin Auto Group’s 2013 results are in line with the agency’s expectations, and support the group’s Ba3 corporate family rating as well as the stable rating outlook. Moody’s vice-president and senior analyst Chenyi Lu said: “The successful integration of the NCGA Holdings Limited acquisition and more traction from its after-sales services […]

Charlemagne Capital AuM down 5.5%

Charlemagne Capital’s total assets under management fell to $2580m at the end of March – 5.5% down from the start of the year. Story provided by

ANGLE strengthens IP claims for Parsortix

ANGLE has announced a significant strengthening of the extent and duration of the intellectual property claims for its Parsortix system, which captures rare cells in blood for medical analysis. Claims have been filed worldwide covering new applications for the Parsortix system including harvesting cells for analysis and use of the system to determine the size […]

Ferrexpo output up

Ferrexpo’s pellet production from own ore rose to 2,714 kt in the first quarter – 9.2% up on a year ago. The group also reports increased proportion of higher grade (65% Fe) pellets – up by 320 kt, or 31%, to 1,353.6kt Story provided by

DevSec forms £8.5m partnership with Deeley Freed

Development Securities has formed a partnership with Deeley Freed, a leading Bristol-based developer, providing medium-term finance of £8.5m to enable the company to bring forward the delivery of its existing pipeline of development projects. It is anticipated that Deeley Freed will secure an exit from these pipeline projects within the next three years, with gains […]

Base completes rutile and zircon shipments

Base Resources has confirmed the departure of the first 7,000 tonne bulk shipment of rutile from Likoni and the first containers of zircon via the Mombasa port container facility. Both shipments were scheduled for late March but vessel availability resulted in shipment being delayed. With these shipments, and the 45,300 tonnes of ilmenite exported to […]

Forbidden in corporate rebrand

Forbidden Technologies – the owner and developer of the market leading cloud video platform, Forscene – has undertaken a corporate rebrand in order to reflect the growing global stature of its business and ensure that it is better equipped to take advantage of its significant market opportunities. The rebrand, the first since the company’s inception, […]

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