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Small caps round-up: Emblaze, SerVision, Nestor Healthcare...

Wed, 30th Jun 2010 11:28

Less than two weeks after denying reports that its Else mobile project was in trouble Israeli technology firm Emblaze has confirmed it is abandoning plans to manufacture the First ELSE mobile device.The company said it will concentrate its efforts on licensing the ELSE Intuition platform and technology in a move that will drastically reduce the company's operational and development costs.Digital security systems outfit SerVision swung into a full-year pre-tax profit $193,000 after a $1.06m loss last time after revenues increased by 13%."We remain hopeful of maintaining our progress through the remainder of 2010," the group said.Nestor Healthcare said the month on month growth in Social Care hours, which commenced in the second quarter of 2009, has continued in the first five months of 2010, while contract wins in Primary Care are establishing a solid base from which to grow profits.Events and conferencing group Tarsus said its business continues to perform with about three quarters of expected 2010 full year revenues now contracted.James Fisher has sold its Norwegian subsidiary ScanTech Eiendom (STE) to Dusavika Eiendomsinvest and its office and workshop facilities in Haugesund, Norway for a combined total of £18.5m.GW Pharmaceuticals and Otsuka Pharmaceutical have signed a three year extension to their global cannabinoid research programme, which will now run to the end of June 2013. The two firms are looking into potential new drug candidates in the field of Central Nervous System disorders and oncology.Byotrol has successfully completed its first order to Tink's, the largest supplier of hunting lures and scents in the US. The opening order, valued at $140,000, is for the supply of odour elimination products containing Byotrol patented technology. Homeland security specialist investor Blue Star Capital cut its losses to £390,000, compared to £1 .17m, in the six months to end March. Net assets were reduced £4.36m.Business software supplier Workplace Systems made a small pre-tax profit of £50,000 in the half year compared with a £2.36m loss. Alecto Energy has taken a 9.73% shareholding in AIM listed Charles Street Capital as part of it's strategy of building a portfolio of resource projects and investments in the natural resource sector.

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23 Sep 2013 12:12

UK WINNERS & LOSERS: Ariana Resources Stands Out From Weak Gold Miners

20 Sep 2013 16:51

MARKET COMMENT: UK Shares Close Mixed After Flat Day; Foxtons Shines

20 Sep 2013 14:22

Alecto Shares Jump On Centamin Joint Venture In Ethiopia

18 Sep 2013 08:35

Alecto Minerals Loss Narrows As It Moves Towards Production In Africa

17 Sep 2013 09:14

African Mining To Take Fewer Alecto Shares In Unit Sale To Dodge Takeover Rules

11 Sep 2013 10:45

Alecto Minerals Appoints Heytesbury As Company Secretary

22 Aug 2013 10:02

Alecto Minerals signs deal to buy AME West Africa

Alecto Minerals has signed an agreement with African Mining & Exploration to acquire its subsidiary AME West Africa. Alecto has secured £600,000 of funding through a £250,000 placing and issue of convertible loan from AME and an Alecto cornerstone investor, Tamimi Investments and Mining Co. AME We

3 Jun 2013 16:19

Alecto Minerals narrows losses, upbeat about Centamin alliance

Shares in Alecto Minerals surged on Monday after the AIM-listed multi-commodity explorer narrowed its full-year loss and hailed a 'transformational' deal with FTSE 250 gold miner Centamin. The company announced last week that it has entered into a new agreement with Centamin to look for opportuniti

29 May 2013 09:58

Alecto Minerals forms strategic alliance with Centamin - UPDATE

Alecto Minerals has formed a strategic alliance with Centamin to pursue gold projects in Ethiopia. The two have entered into a non-binding heads of terms agreement for a proposed joint venture for opportunities within the Federal Democratic Republic of Ethiopia. Alecto owns gold projects Wayu Bo

22 Jan 2013 13:27

Alecto Minerals delivers positive results from Wayu Boda

Alecto Minerals, an AIM-listed multi-commodity exploration and development company with projects in Ethiopia and Mauritania, has cheered its investors with news of its exploration campaign at the 945.5 sq km Wayu Boda Gold Project in central-southern Adola greenstone belt in southern Ethiopia. The

6 Dec 2012 14:40

Alecto zeroes in on Ethiopian targets

Alecto Minerals said it had identified multiple targets at its Aysid Metekel gold project in Ethiopia. The firm said work on the 1,953 sq km project had culminated in the delineation of five high priority target areas for follow up work in the upcoming 2013 field season. Alecto plans to conduct fo

16 Jul 2012 08:46

Resources round up: Arian, Baobab, Trans-Siberian Gold ...

Arian Silver, the Mexico focused silver company, said a dispute with the owner of a toll mill has prompted it to suspending trial milling operations at its San Jose mine in Zacatecas state. Arian says talks are underway to resolve the row but the stock was down 15% at 11:31. Baobab Resources, the m

2 Mar 2012 10:25

Alecto haggles on Rift Valley purchase, shares jump

The Africa focused minerals explorer, Alecto, has negotiated a 10 percent reduction in the price it is paying for Rift Valley Resources. The price reduction took place after Alecto discovered Rift Valley needs an additional exploration licence at the Wayu Boda project in southern Ethiopia. Alecto

25 Nov 2011 12:55

Alecto acquires Ethiopian gold and emerald licence

Alecto Minerals, the AIM listed resource investment company focused on Africa, has acquired Tanzanian mining company Rift Valley Resources, for an initial consideration of £409,200. The acquisition gives Alecto control of a three year exploration licence covering the 945.5 square kilometres (sq km

21 Apr 2011 13:19

Alecto soars after Ghanaian expansion

Shares in mining investment firm Alecto Energy jumped a fifth higher after it signed an agreement to acquire 80% of Rancho Ghana, which holds a 191.1 sq km gold exploration licence in the Ashanti Gold Belt, Ghana. "The acquisition of this gold and base metal licence in Ghana is a significant step f

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Small caps round-up: Emblaze, SerVision, Nestor Healthcare...

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