AKR.L Share News (AKR)

Music copyright group Conexion Media narrowed losses in the year to December 31 despite lower revenues.Pre-tax losses fell to £630,000 from £1.6m on revenues that were down to £3.4m from £4m.Conexion, which specialises in the administration of film and TV related music rights, won deals newspaper publisher Times Group of India and US cable operator Comcast during the period.Shares in Condor Resources were soaring after the metals explorer was granted 45 square kilometres of land which it believes contains a goldfield.Capcon Holdings, the AIM listed investigations and risk management group, swung to a loss of £61,600 in the six months ended 31 March from a 34,100 profit a year ago."Trading in the first half of this financial year, although below the same period last year, has been in line with our expectations," said the firm, which has slashed staff levels and overheads to cope with a slump in demand from the leisure sector.Far East Russia-focused Amur Minerals' application for a mining licence linked to discoveries at the nickel sulphide Kun Maine exploration licence is being reviewed by the Russian authorities.The application, filed in January, can take up to 12 months from submission to approval, it said.Diagnostic screening and testing products designer Akers Biosciences has completed the clinical development of the Breath Ketone "Check" test, which was designed as a potential, significantly improved, replacement for existing blood and urine based testing methods.The company said the product's accuracy was demonstrated during the trials. Akers's point-of-care test has been shown to correlate 100% with blood testing methods, and to do so in minutes via a disposable breath test is a highly encouraging result.Churchill Mining has completed the initial stage of its Indonesian restructuring and has converted its 75% beneficial interest in the Ridlatama Tambang license area into a direct equity interest, taking advantage of a recently introduced Indonesian mining law that allowed foreign companies to take direct equity interests in Indonesian mining companies.Churchill has also converted to a 75% direct ownership in PT Ridlatama Trade Powerindo, which holds a prospective 5,386 hectare license area adjacent to the Ridlatama Tambang license area, on which no drilling has been done to date. Holiday resort developer Minoan Group released interim results that were in line with management expectations. On zero revenues the company sustained a pre-tax loss of £0.56m in the six months to end-March compared to a loss of £0.67m the year before.The company, which is looking to diversify in the tourism and leisure sector, said that any acquisition it makes will be via a special purpose vehicle, almost certainly with external partners with whom parallel discussions are currently in progress.