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Small caps round-up: Cybit, Netplay, BlueStar SecuTech...

Mon, 13th Jul 2009 08:53

Cybit, which provides vehicle and maritime tracking systems, has had its contract with Fowler Welch, part of Dart Group plc, extended for another five years.The firm will deploy Fleetstar Online across the Fowler Welch trailer fleet as part of a contract valued at about £1m in revenues, to be recognised over the life of the deal. Interactive gaming firm Netplay is launching a new set of live betting products designed for land-based operations and said Stanleybet International (SBI) will be its first distribution partner. Under the terms of a two year deal, SBI will be rolling out the retail products, initially in 100 of its 1,400 outlets. Shares in BlueStar SecuTech advanced after the video surveillance group said its 'Beijing surveillance command centre' is now fully operational.Financial software systems provider Brady said it achieved growth of about 40% in the first six months of 2009.Payments service provider Datacash said its five months results were in line with the board's expectations. "While the company continues to trade in line with the Board's expectations and has not seen any slowing in volume growth, the Board is mindful of the difficult economic and trading conditions. Considering the circumstances the Board remains optimistic of the outlook for this year and beyond," said the group.Leisure machine operator Inspired Gaming has announced a two-year contract extension with Roadchef, up until September 2012. "The exclusive deal, with one of the largest motorway services operators in the UK, is to supply over 200 Category B3 and Category C gaming terminals to RoadChef Adult Gaming Centres on a revenue share basis," said the group.Social housing maintenance group Mears has signed a ten-year partnership deal with Brighton & Hove City Council to provide housing stock upgrades, responsive repairs and comprehensive maintenance services. The contract is valued at £200m commencing in early 2010. The contract takes the total new contracts won by the Group in the current year to approaching £400m, Mears said.Engineer Metalrax reports trading has continued to improve and accordingly the board believes that it will meet current market expectations for 2009. Agreement has also been reached on outline terms with its banks and the pension trustees for a debt refinancing."This agreement is subject to legal documentation and approval by The Pensions Regulator and a further announcement will be made in due course," Metalrax said.Custodian services group STM is to buy acquisition of the Luxembourg based Citadel Group of Companies and associated companies for a maximum consideration of up to €1.88m, subject to regulatory approval. Last year, Citadel reported revenues of approximately €1.13m and a profit after tax of approximately €0.40m.An independent JORC compliant resource upgrade for the Mankayan project in the Philippines helped gold and copper explorer Bezant on Monday.The resource estimate for copper rises 52% to 2.9 billion pounds and by 48% to 4.3 million ounces of gold. There's also an Indicated Mineral Resource of 221.6 million tonnes and Inferred Resource at 36.2 million tonnes.South African miner Coal of Africa has finalised a revised mining layout for its Mooiplaats thermal coal project "Depending on the rate of development, export quality thermal coal is now expected to be reached in November 2009 at the earliest, or the first quarter of 2010 at the latest," it said. Irish mining company Ormonde is in talks with a major mining company about a possible earn-in to its La Zarza ground holdings in southern Spain.The unidentified major would carry out an expanded exploration programme at the project in Huelva province, with the right to earn a 51% interest over three years by spending $7m, at least $1m of which should be in the first year.If it completes a feasibility study on a mining project that meets its investment criteria the miner could raise its stake in La Zarza to 75%.1st Dental Laboratories said sales in the six months to the end of May were 5.5% higher than a year earlier. The dental products supplier said interim profits will be broadly in line with directors' expectations.Ambrian Capital expects revenues and profits for the first half of the year to be materially ahead of forecasts.Wound care specialist Ark Therapeutics has launched Kerraglove, a mitten-shaped dressing device for burns on the hand. Support services firm AssetCo has won a five-year contract to provide an Emergency Fire Crew Capability Service to the London Fire Brigade.The award of the contract will enable the London Fire and Emergency Planning Authority (LFEPA) to meet its statutory obligation to provide crew resilience if existing services are overrun in crisis situations such as a pandemic illness or flooding.
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22 Apr 2024 17:51

TRADING UPDATES: First Tin updates Tellerhauser estimates

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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5 Dec 2023 20:01

EARNINGS AND TRADING: Lowland Investment NAV falls but dividend hiked

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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12 Oct 2023 14:29

IN BRIEF: Ormonde Mining notes report by investee Tru Precious Metals

Ormonde Mining PLC - holds stakes in Toronto-listed gold and copper explorer Tru Precious Metals Corp, which has a project in Newfoundland, Canada, and in battery metals explorer Peak Nickel Ltd - Notes report by investee TRU, which on Wednesday announced it had begun its Golden Rose exploration project in the highly prospective Central Newfoundland Gold Belt in Canada.

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29 Sep 2023 12:32

EARNINGS: i(x) Net Zero swings to profit, Zephyr falls to loss

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

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6 Sep 2023 18:28

IN BRIEF: Ormonde buys stake in TRU Precious Metals for CAD3 million

Ormonde Mining PLC - focussed on the evaluation and execution of new opportunities - Completes its investment in Toronto-listed exploration company TRU Precious Metals Corp, which is exploring for gold and copper in the highly prospective Central Newfoundland gold belt in Canada. Takes an initial 36% interest in TRU's through a private subscription for 60 million shares of TRU at CAD0.05 per share for a total CAD3 million. Ormonde has the potential to increase its shareholding to up to 46.0% through the exercise of warrants.

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4 Sep 2023 11:49

IN BRIEF: Ormonde Mining starts trading on AQSE, switching from AIM

Ormonde Mining PLC - holds stakes in Toronto-listed gold and copper explorer Tru Precious Metals Corp, which has a project in Newfoundland, Canada, and in battery metals explorer Peak Nickel Ltd - Starts trading on Aquis Stock Exchange in London on Monday, its shares having been suspended from trading on AIM in London and the Euronext Growth market since February. Ormonde shares will be cancelled from AIM and Euronext on Tuesday. Notes that Thomas Anderson holds 24.99% of its shares upon admission to AQSE.

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18 Aug 2023 15:46

UK shareholder meetings calendar - next 7 days

Monday 21 August 
Calculus VCT PLCAGM
Home REIT PLCGM re changes to the investment policy
Tuesday 22 August 
Cake Box Holdings PLCAGM
ReNeuron Group PLCAGM
RUA Life Sciences PLCAGM
Smoove PLCAGM
STM Group PLCAGM
Wednesday 23 August 
Brandshield Systems PLCAGM
James Latham PLCAGM
LifeSafe Holdings PLCGM re shareholder circular
Momentum Multi-Asset Value Trust PLCGM re appointment of the liquidators
Sovereign Metals LtdGM re share placement options
Thor Energy PLCGM re proposed share consolidation
Thursday 24 August 
Ananda Developments PLCAGM
Concurrent Technologies PLCAGM
CyanConnode Holdings PLCAGM
Nuformix PLCAGM
Oryx International Growth Fund LtdAGM
ThomasLloyd Energy Impact Trust PLCAGM
ThomasLloyd Energy Impact Trust PLCGM re market purchases of its own ordinary shares
Friday 25 August 
Honye Financial Services LtdAGM
Iconic Labs PLCAGM
Ormonde Mining PLCAGM
Ormonde Mining PLCEGM re AIM delisting and proposed investment in TRU Precious Metals Corp
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Jul 2023 21:53

TRADING UPDATES: Ormonde eyes AIM exit; Online Blockchain tests AI app

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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30 Jun 2023 21:45

IN BRIEF: Ormonde Mining acquires stake in Canadian miner TRU

Ormonde Mining PLC - focussed on the evaluation and execution of new opportunities, currently holds 20% stake in battery metals explorer Peak Nickel Ltd - Announces proposed investment in Toronto-listed exploration company, TRU Precious Metals Corp. TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt in Canada. Ormonde is to buy an initial 36.2% interest in TRU through a private subscription for 60 million shares of TRU at CAD0.05 per share for a total consideration of CAD3 million. Potential to increase shareholding to up to 46.0% through the exercise of warrants.

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27 Jun 2023 21:09

IN BRIEF: Ormonde Mining looks towards "further exciting investments"

Ormonde Mining PLC - holds 20% stake in battery metals explorer Peak Nickel Ltd - Pretax loss in 2022 narrows to EUR1.1 million from EUR1.6 million in 2021. Records no revenue in 2022, just like in 2021. "During 2022 and the first part of 2023, the board has delivered on extracting value from legacy assets to boost the group's balance sheet and commenced its proposed strategy of leveraging this strong balance sheet to generate new value enhancing deals for shareholders," Chair Brian Timmons says. "The sale of the La Zarza assets and subsequent investment into Peak Nickel Ltd represent the first steps in shareholder value creation and provide the platform for further exciting investments in prospective mining jurisdictions. The board continues to advance discussions with interested parties to move onto the next stages of this strategy."

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8 Feb 2023 19:26

TRADING UPDATES: Diversified plans fundraise; Highcroft ends sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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7 Feb 2023 19:37

TRADING UPDATES: Ormonde Mining acquires stake in Peak Nickel

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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3 Oct 2022 14:31

IN BRIEF: Ormonde becomes cash shell on sale of La Zarza project

Ormonde Mining PLC - cash shell, former Dublin-based mineral resource company - Completes the sale of its land, data and drillcore assets at its La Zarza project. La Zarza is a copper, gold and zinc mine located in Andalucia, Spain. The assets have been sold for EUR2.3 million in cash to La Zarza Mineria Metalica SLU a subsidiary of Tharsis Mining SL. Ormonde says it has now received EUR800,000 with the balance to be paid in three equal payments of EUR500,000 on the first, second, and third anniversaries of completion.

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28 Sep 2022 16:41

Ormonde Mining to become cash shell after sale of La Zarza project

(Alliance News) - Ormonde Mining PLC on Wednesday said it will become a cash shell, following the completion of the sale of its interest in the La Zarza Copper-Gold project for EUR2.3 million.

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28 Sep 2022 15:29

Ormonde upbeat as it prepares for cash shell status

(Sharecast News) - Ormonde Mining said in its interim results on Wednesday that it was reviewing acquisition and investment opportunities across a number of jurisdictions.

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