Tyratech Share News (TYR)

Diamondcorp, which is developing projects to mine the gemstone in South Africa and Botswana, said it is in discussions that may or may not lead to an offer being made for the company.Clean Energy Brazil is urging shareholders not to make a decision on last week's bid from Global Investors Acquisition until it has made its recommendation.Bosses said they were considering the unsolicited proposed mandatory offer of 12.68p a share in cash. 'The board intends to consider the offer and will make a recommendation to shareholders in due course,' read a short statement Monday. Nyota Minerals, formerly Dwyka Resources, gained after the miner said previously unexplored licence areas in Ethiopia have shown to be highly prospective for gold.Chief executive Melissa Sturgess commented 'These exploration results are outstanding as they provide us with exciting new targets for drilling and the potential to expand the currently known mineralisation at Tulu Kapi into new areas of the licences.'Indian-focused film group Eros is list Eros International Media Limited, its wholly-owned subsidiary company in India, on the Bombay Stock Exchange. It is currently intended that any new funds raised by Eros India in the Indian IPO will not result in a dilution of the company's ownership in excess of 25%.Monitise has increased its services and distribution in the UK of its multi functional Mobile Money Platform through new capabilities with longstanding partners T-Mobile and 3 UK. 3 UK will be the first UK mobile operator to enable its customers to access their web portal to register both for mobile banking by download application and also for text alerts.Kiwara has contracted Snowden the independent mining consultants to assist and advise in a pre-feasibility study of the Kalumbila ,Zambia copper project. The initial area of focus for open pittable mineralisation has been identified by Snowden to contain an Inferred Resource of 340,tonnes at a grade of 0.78% copper (as at September 2009 at a 0.3% copper cut-off). Insecticide group TyraTech said it has achieved the second milestone in its functional foods contract with food giant Kraft Foods. The balance of the second milestone will be paid immediately, the firm said.Gaming machine company Praesepe said underlying revenues have remained resilient in the recession, despite the delay in the implementation of higher stake and prize levels for Category C gaming machines.Underlying revenues in the 28 weeks to 12 July were down 1% on a like for like basis from a year earlier. Total revenue in the period was £5.74m, versus zero revenues in the first half of 2008. Loss before tax narrowed to £0.52m from £2.71m a year earlier. The company has not declared an interim dividend.Entertainment media company Galleon Holdings has signed a co-production agreement with production company Lenz Entertainment to produce 26 new episodes of Galleon property 'Apollo's Pad'.The series has already been sold to Canadian broadcaster Bite TV. Galleon retains total ownership of the intellectual property rights pertaining to 'Apollo's Pad' as well as all distribution rights outside of Canada.Birmingham City said managing director Karren Brady and finance director Roger Bannister will be leaving the company if the offer by Grandtop International is declared wholly unconditional.