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Former cleantech company Alecto Energy has an exclusivity period to assess Bulgarian uranium exploration licences. AIM-quoted Alecto will provide Bulgarian Mining Corporation with a £45,000 working capital loan as part of the agreement. BMC is also receiving 30m shares at a nominal price of 0.3p eac
Read moreQuintain Estates is weaker Monday after the property developer confirmed it is considering an equity issue, thought to be about worth about £180m. It said no formal decision has been made and a further announcement will be made when appropriate. Oil and gas explorer Leed Petroleum has completed wi
Read moreMount Engineering said it is satisfied with its progress in the first six months of the year and expects results to be in line with the prior year first half. "Whilst current market visibility remains unpredictable, effective margin management and overhead cost control is maintaining profitabilit
Read morePeru-focused Maple Energy's net loss for 2008 widened to $7.1m from $2m the year before, largely due to $3.9m of administrative costs and a loss on the Aguaytia investment. But chairman Jack Hanks reported an 18% increase in revenue to $95.3m and said Maple is "on the cusp of company-changing resul
Read moreTurnaround investment company Volvere traded at its highest in over a year today after posting a profit of £509,000 in 2008 versus a loss of £364,000 a year earlier. Revenue jumped to £7.3m from £3.8m in 2007, helped by last September's £1.3m acquisition of Interactive Prospect Targeting. Gulf of
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