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Small caps round-up: Zirax, Sabien Technology, Eredene Capital...

Mon, 10th Aug 2009 09:56

Speciality chemical company Zirax said it has won the contract to supply 20,000 metric tonnes of calcium chloride based de-icers to Moscow City Council for its 2009/10 winter season.This particular contract, worth $4.0m, is principally comprised of Zirax's de-icing product IceMelt. It means Zirax will supply its de-icing products to Moscow for a seventh consecutive year. "Moscow City Council remains an important account for Zirax and we are delighted that the municipal has again chosen us to supply them with our value added de-icers," said chief executive Fenlon Dunphy.Energy efficiency technology specialist Sabien Technology has entered agreements to supply its M2G technology, which reduces the energy required for heating, to outsource group Serco and Semplice Energy, part of British Gas.Eredene Capital, the AIM quoted investor in Indian infrastructure developments, has conditionally raised about £7.1m by way of a placing. The group said the proceeds will be used to seed a private development fund to be managed by Eredene to invest in new infrastructure projects in India.Synchronica, the AIM listed mobile email and data synchronisation provider, has received a purchase order for $248,000 from a second North-African mobile operator for an initial 70,000 user license of its mobile email product Mobile Gateway. The government of Liberia has granted Mano River its Class 'A' 25-year mining licence within the Bea Mineral Development Agreement (MDA)."This represents another positive step forward towards commercial production from Liberia's first ever hard rock gold mine," said President and CEO Luis da Silva.A bankable feasibility study for an underground mine targeting 100,000 ounces a year is due for completion by the end of 2010.Alternative energy Enova Systems has delivered the first 70 pre-transmission hybrid drive systems to Chinese firm First Auto Works. An additional 150 hybrid drive systems are scheduled for delivery in 2009 and a deal has been struck to supply 800 pre-transmission hybrid drive systems next year. Atlantic Coal, which mines for the fuel in the US state of Pennsylvania, has raised £280,000 via a placing of 42.75m shares at 0.66p each. The firm later announced that it last week bought 6.84m shares in Strategic Natural Resources at 8.24p a share and is mulling a 15p a share offer for the southern Africa-focused coal miner.Oil and gas engineering business Plexus is to build a new assembly and test facility at its premises in Dyce, Aberdeen for £500,000.It says the new facility will allow for more efficient handling, assembly and testing of its 'high pressure/high temperature' wellhead systems.'Oil and gas firm Providence Resources said Eni has farmed into Frontier Exploration Licence 3/04. Under the terms of the farm-in agreement, Eni will assume a 40% interest in the Dunquin licence with ExxonMobil Exploration and Production Ireland (Offshore) Limited holding a 40% operated stake, whilst Providence and Sosina will retain 16% and 4% equity positions, respectively.
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24 Sep 2014 10:01

Atlantic Coal First Half Hit By Bad Weather, Foreign Exchange Loss

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16 Jul 2014 15:27

AdEPT boss trims stake with £0.35m share sale

The boss of telecoms group AdEPT offloaded nearly £0.35m of stock on Wednesday, just a week after the company reported better-than-expected annual results. Ian Fishwick, AdEPT's Chief Executive Officer who founded the company in 2003, sold 290,000 shares at 120p a piece. The firm explained that th

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16 Jul 2014 09:34

DIRECTOR DEALINGS: Atlantic Coal MD Transfers 74 Million Shares

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7 Jul 2014 08:31

Atlantic Coal Increases Production, Sales Volumes In Second Quarter

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5 Jun 2014 16:06

Atlantic Coal Loss Narrows, But Cash Pile Also Dwindles

LONDON (Alliance News) - Atlantic Coal PLC Thursday said its pretax loss narrowed in its last financial year, as lower costs in some areas of the business more than offset pressure on anthracite prices. However, its cash pile is dwindling. Atlantic Coal said its cash at bank fell to USD877,

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29 Apr 2014 13:15

UK MIDDAY BRIEFING: BP Profit Down, But Payout Up Again

LONDON (Alliance News) - BP Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s

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29 Apr 2014 11:09

UK WINNERS & LOSERS: Experian Up And Intertek Down As CFO Switches

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Shire, up 3.6%. The pharmaceutical company is the leading riser in the blue-c

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29 Apr 2014 09:40

Atlantic Coal Production Rates Hit By Pennsylvania's Cold Weather

LONDON (Alliance News) - Atlantic Coal PLC Tuesday said its production rates and coal sales volumes fell in its first quarter due to weather constraints in North America during the period. The coal miner said its clean coal production fell 14% to 35,757 tonnes in the three months ended Marc

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28 Feb 2014 10:06

Atlantic Coal Hopes To Boost Mine Output With Machinery Order

LONDON (Alliance News) - Coal miner Atlantic Coal PLC Friday said it has ordered new heavy trucks and bulldozers, purchases it hopes will further increase output at its Stockton Colliery in Pennsylvania. In a statement, the company said it has ordered six Komatsu Model HD785-7 100 ton haul

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20 Jan 2014 09:00

Atlantic Coal Says Production Grew By 45% In Fourth Quarter

LONDON (Alliance News) - Atlantic Coal PLC Monday said it has achieved higher sales volumes for the full year, following a 45% production increase in its fourth quarter. The AIM-listed anthracite coal mining company, with operations in Pennsylvania, said its production for the three months

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7 Jan 2014 16:24

Atlantic Coal directors stock up

Peter Chinneck, a Non-Executive Director of Atlantic Coal, has acquired five million shares in the coal production and processing company. Chinneck spend 0.24p a piece, giving a total trade value of £12,000. He now holds a total of 218m shares, equal to a stake of around 4.68%. Meanwhile, the wi

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17 Dec 2013 16:16

Iofina Chairman shows confidence after profit warning

Proving his confidence in the business on the day it published a profit warning, Iofina Chairman Chris Fay splashed the cash in two separate share purchases. Fay first bought £50,000 worth at 101p in the morning after the shares plummeted from Monday's 132.25p closing price. Later in the day he f

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14 Nov 2013 13:15

Atlantic Coal jumps on China offtake joint venture

AIM-listed miner Atlantic Coal impressed with the signing of a joint venture with a China-based company that will buy at least 100,000 tonnes of its coal per year. China-based CIC Brancepeth Coal, which was founded and is currently managed by AIM-listed CIC Capital, also wants US-focused Atlantic t

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14 Nov 2013 12:16

UK WINNERS & LOSERS: Ophir Energy Leads Gainers On Sale; Serco Woes Continue

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14 Nov 2013 11:02

Atlantic Coal Lifted By Coal Sale Agreement Into China

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