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Small caps round-up: Syntopix, Atlantic Coal, Brady...

Thu, 12th Nov 2009 14:32

Drug developer Syntopix shares rallied as it reported positive phase 2 results for its lead dermatological compound SYN0126, for the treatment of acneic skin. Following the results, Syntopix has decided to focus its development efforts around three specific core compounds: SYN0126, SYN1113 and SYN0017, in order to accelerate commercialisation. Syntopix has also renewed its exclusivity and evaluation agreement with another 'major consumer healthcare company' announced on 14 April 2009.The potential of the Stockton mine and introduction of a new mine plan have had the desired effect with the mine becoming cash flow positive from its operations, Atlantic Coal reports.Revenues of circa $4m were achieved from sales of 32,348 tons for the four months to October, compared to revenues of circa $3.4m from 27,223 tons sold during the 6 months to June 2009. The company has stock piles on site as at 31 October 2009 of 71,386 ROM tons and 6,365 tons of Clean Coal. This will be sold in the coming months and will have a positive impact on revenues going forward.Xstrata's copper arm in Chile has selected Brady's Aquarius solution to supply the organisation's metal trading business in that country.Recruiter Higham returned a profits £40,000 against a loss of £261,000 in the half year to September, despite revenue dipping to £3.77m (2008: £5.66m). The current business has been stabilised and there are signs of recovery showing in our niche areas, it added.Pharmaceutical Group Futura has announced a placing worth £1.46m to support the regulatory approval of its 'erectogenic' condom the CSD500, and to provide the company with additional working capital and funds for development projects.
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22 Oct 2013 14:39

CORRECT: DIRECTOR DEALINGS: Atlantic Coal Managing Director Buys 7.3 Million Shares

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22 Oct 2013 13:36

DIRECTOR DEALINGS: Atlantic Coal Managing Director Buys 7.3 Million Shares

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26 Sep 2013 10:43

Atlantic Coal swings to profit in first half

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26 Sep 2013 07:54

Atlantic Coal Shares Boosted On Swing To Profit, Higher Production

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19 Sep 2013 12:28

DIRECTOR DEALINGS: Atlantic Coal Says Non-Executive Director Transfers Shares

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11 Jun 2013 10:30

Atlantic Coal soars on significant increase in coal reserve base

Atlantic Coal, the AIM-listed, US-focused anthracite coal mining company, has announced a 29 per cent increase in its clean coal reserve base to 1.78m tonnes from 1.38m tonnes, at the Stockton anthracite mine located near Hazleton, Pennsylvania. The company estimated that this would extend the lif

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2 Apr 2013 10:16

Atlantic Coal shares slide after option update

Shares in AIM-listed listed anthracite coal mining company Atlantic Coal slid slightly on Tuesday, the same day that the company announced an update in relation to an option agreement to acquire additional anthracite mining assets in Pennsylvania. The option - which is exercisable at the company's

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21 Jan 2013 09:17

Atlantic Coal exercises option over mining site in Pennsylvania

Atlantic Coal, an AIM-listed coal production company, has exercised its lease option over the fully permitted 410 acre Pott & Bannon anthracite mining property in Pennsylvania, US. As such, the group will pay $6.0m in cash, coal and shares to Reading Anthracite Company, in addition to warrants ove

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Having briefly broken above 5800 shortly after the start of trading, on the back of news of stimulus measures in China, the top share index move into negative territory in the afternoon session, before rallying near the close. The stock market is not the only thing back in the blue It was revealed

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27 Sep 2012 13:53

Losses widen at Atlantic Coal

Atlantic Coal, an AIM-listed open cast coal production and processing company, saw a widening of half year losses after exceptional expenses and rising administrative expenses offset a 79 per cent leap in gross profit. Consequently, the loss from ordinary activities before tax widened from $1.05m

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