Member Info for GedW

[SND] At the Annual General Meeting of [SND], the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, held in Coventry at 10.00 am yesterday, all resolutions put to shareholders were duly passed. Chairman, Christopher Winn, made the following statement to shareholders on current trading and outlook: "During the current financial year, the Group has continued to maintain good trading momentum in what remains a challenging economic environment. The new product suites which the Group has launched over the last two years have continued to be successful, particularly the latest versions of the e-commerce software in the multi-channel business and the factory and warehouse automation software in the manufacturing division. Together these have made the Group more competitive and have contributed to both the winning of new customers, as well as an improvement in trading. The Group is planning to increase investment in its ecommerce software business and to expand the Sanderson presence in the fast growing market for online, catalogue and internet sales in order to drive further growth. Up to the end of February, order intake is around ten per cent ahead of the comparative period of the previous financial year and the order book is strong. The Group announced on January 23rd that it had completed the sale of Sanderson RBS Limited ('Sanderson RBS'), the Group business which specialised in the sale of 'electronic point of sale' ('epos') solutions to major high street retailers, to Torex Retail Holdings Limited for a cash consideration of £11.5 million, which was paid on completion on January 20th. Additional cash consideration of £0.15 million is payable unconditionally on 6th April 2012 and a further £0.1 million is payable dependent upon receipt by Sanderson RBS of specific customer payments. The proceeds from the sale have enabled the Group to repay its bank debt and to leave a positive cash balance of approximately £4 million. The strengthened balance sheet, the elimination of debt and the continued strong cash generation of the Group, provide the Board with the confidence to substantially increase the annual dividend in the coming year from 0.75 pence to 1.2 pence, representing an increase of over 50%. The strategy of the Sanderson Board and management is to achieve growth both organically through investment in new products and services as well as by selective acquisitions as opportunities arise. The Group has made an encouraging start to the current financial year and whilst the Board is mindful and cautious in the face of general economic conditions, the improved competitive market position of Sanderson provides the Board with a good level of confidence for achieving the current year targets."

[DRG] http://www.royalresources.com.au/documents/Interim%20Financial%20Statements.pdf

[PINN] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11147228

[DRG] http://www.royalresources.com.au/index.asp

[SXX] http://www.thecrownestate.co.uk/marine/case-studies/exploiting-the-commercial-potential-of-potash-and-polyhalite/

[KLG] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11144192

[DRG] [MTV]The number of shares placed and the price compared to the current issued share cap should not have that much negative impact on the share price in my opinion. But the impact on the resulting use of the funds should!

[NRRP] The number of shares placed and the price compared to the current issued share cap should not have that much negative impact on the share price in my opinion. But the impact on the resulting use of the funds should!

[DRG] [MTV] completed a placing of 366,666,667 new ordinary shares of 0.1 pence each at a price of 0.15p per share ("Placing Shares"), with an aggregate value of approximately £550,000 before expenses. The placing was undertaken by XCAP Securities plc. The additional funds will be used to fund the Company's growth in global markets and to provide working capital. The placing is conditional upon admission of the Placing Shares to trading on AIM. Application will be made for the Placing Shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on AIM on 16 March 2012. Following the issue of the Placing Shares, the Company will have 3,102,268,430 ordinary shares in issue. The Company is also pleased to report that it has commenced pre-launch testing of its TV-Anytime technology at Digiturk, the leading Turkish satellite broadcaster, which represents the culmination of 18 months of development and will lead to the first-ever launch of TV-Anytime on a satellite platform. The successful deployment of the TV-Anytime service will provide Digiturk's subscribers with Video-On-Demand in HD and 3D as well as other new features. Motive Television continues to receive wide international interest in its Broadcast Cloud joint venture with Granite Broadcasting in the USA, and remains confident of the future implementation of its technology with CME, the leading east European broadcaster. Commenting on the placing and update, Leonard M. Fertig, CEO of Motive Television plc, said: "We are pleased to have completed this placing with new and existing institutional investors which demonstrates continued confidence in our progress and future profitability. "The start of pre-launch testing at Digiturk follows an extensive development period in which our unique technology has proven robust and successful. The Group continues to generate significant interest both in Europe and in the United States and we look forward to updating shareholders on our continued progress in the near future." [SXX] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11143178

[CHL] http://churchillmining.com/library/file/Tempo-Mine%20Wars-Mar2012.pdf

[SRT] Announces that results for the year ending 31 March 2012 are expected to be below market expectations. The Directors currently estimate that revenue will be approximately £6 million with a profit before tax of approximately £0.1 million. As set out in the interim results on 28 November 2011, the accurate forecasting of short and medium term demand is currently difficult due to each mandate and project having specific dynamics in terms of quantum, timescales and demand pattern. SRT has experienced a delay in orders which were expected during Q4 into the next financial year. The delays primarily relate to orders which were expected to be received during Q4 from customers addressing the EU fishing and inland waterway markets and from the commencement of a large project in South America. SRT estimates that approximately two thirds of the EU inland waterway market have now completed the fitting of AIS transceivers, of which the Company believes over 80% are SRT-based products. The remaining third were expected to fit their transceivers during the first half of this calendar year, and therefore SRT's customers had forecast significant product requirements during the latter part of Q4. However, SRT's customers addressing these markets have indicated that they now expect demand to be skewed towards the end of the mandate deadline and that their orders to SRT will be delayed until later in the calendar year. During the current financial year, in response to the growing global market opportunity for AIS, the Company has undertaken an aggressive product development programme which has seen the launch of several new products and substantial completion of a number of further products which will commence shipping in the first half of 2012. These programmes are largely on schedule. Of particular importance is the Identifier, which will commence production during March and will start shipping in April. The product development programme has been important to ensure that the Company has a refreshed product range to enable the growing customer base to address a range of maritime market segments. AIS is now well established as the technology of choice for authorities to use in maritime domain awareness systems and programmes. AIS programmes are underway on a significant scale and SRT estimates that over a million vessels will be fitted with a transceiver over the next four years. The programmes vary greatly in size and timing and SRT now has a product to service each market segment. There has been a significant expansion in both terrestrial and satellite based AIS networks to accommodate the expected increase in AIS deployment. The market, whilst still in its early stages, is large, global and offers SRT and its customers significant future opportunities. SRT's pipeline of pending orders and opportunities reflects the Company's broader product offering, the adoption of AIS as the chosen technology and the potential of the market for AIS equipment. The Board is confident that a significant proportion of these leads will be converted into orders and will lead to a significant increase in revenues in due course. Furthermore the investment made to broaden the Company's product suite should lead to a more diverse customer base, reduce future volatility in earnings and soften the impact of future timing issues. Simon Tucker, SRT's CEO said: "Whilst the expected outcome for the financial year is significantly below what we had hoped and is therefore disappointing, we have made substantial progress in the execution of our product, customer and market development strategies. The global addressable market has continued to grow with many more opportunities at varying stages of development which we expect to convert into material and sustainable revenue streams in the foreseeable future. AIS is now the de facto globally established maritime identification and tracking system. SRT and its customer network are addressing markets worth many hundreds of millions of dollars and we believe it is a matter of timing for these to convert into sales for SRT."

[PPR] As per footprint 15 Feb 12. The latest Corporate release comes as no surprise! Share Capital Reorganisation Over the past few weeks, the share price of the Company has been trading around the nominal value of the Company's ordinary shares, being 0.1p. The Companies Act 2006 ("Act") prevents a company from issuing shares at a discount to the nominal value of its shares. Should the Company wish to raise equity capital at a future date, it would be unable to do so if its share price drops below 0.1p. Your board of directors ("Board") believes it is therefore prudent to use this opportunity to carry out a share capital reorganisation by way of a subdivision and consolidation ("Share Capital Reorganisation"). It is proposed that there will be a subdivision of each existing ordinary share of 0.1p in the capital of the Company ("Existing Ordinary Share") into one ordinary share of 0.01p ("Split Ordinary Share") and one deferred share of 0.09p ("Split Deferred Share"). Thereafter, every 100 Split Ordinary Shares will be consolidated and redesignated as one new ordinary share of 1p in the capital of the Company ("New Ordinary Share") and every 100 Split Deferred Shares shall be consolidated and redesignated as one new deferred share of 9p in the capital of the Company ("New Deferred Share"). The New Deferred Shares will have rights such that in practical terms they will have no value and will not be quoted. The Board may decide to cancel the New Deferred Shares at a future date. Subject to the passing of Resolution 4, in the Notice of AGM, it is intended that the New Ordinary Shares will be admitted to trading on AIM on 4 April 2012

[NRRP] Being Proactive and a second opinion! http://www.proactiveinvestors.co.uk/companies/news/39958/north-river-resources-to-focus-on-malachite-pan-copper-project-this-year-after-positive-testwork-39958.html

[NRRP] Within the Witvlei Licence Area, and the Koperberg Copper Project, within the Dordabis Licence Area, as a precursor to commencing a feasibility study in 2012. In addition, exploration programmes are continuing on existing licence areas in Namibia with the aim of expanding JORC resources and advancing numerous known prospects. Overview: · Excellent copper and silver recoveries achievable at Malachite Pan, using froth flotation testing, which the Board believes demonstrates encouraging economic potential · For the purpose of the testwork, samples from Malachite Pan were segregated into two composite samples, one representing the oxide fraction of the deposit, the other the sulphide fraction · Recoveries of 82.4% copper ('Cu') and 77.7% silver ('Ag') were achieved from the oxide sample · Recoveries of 92.8% Cu and 83.5% Ag were achieved from the sulphide sample · At Koperberg the samples consisted of both oxide and sulphide fractions - recovery of 83% Cu was achieved · A drill programme of approximately 6,000 metres is planned at Malachite Pan commencing in April 2012 with the intention of progressing to feasibility stage by Q3 2012 North River Managing Director David Steinepreis said, "These very encouraging recoveries, especially at Malachite Pan, reinforce our confidence that the project can be developed into a profitable mining operation. Together with the recent maiden JORC resource at Malachite Pan, the results support North River's 2012 plans to complete approximately 6,000 metres of drilling at the Malachite Pan project and to advance both technical and environmental studies to support a mining operation. We are also commencing programmes with the aim of expanding our known resources and exploring numerous known prospects."

[PPR] No bugles no fanfare but plenty of ticker tape. Good Results! final results for the year ended 30 September 2011. HIGHLIGHTS Financial benchmarks · 62% increase sales · 38% increase in Gross Profit · Operating Loss before provisions reduced by 54%

[SLG] Announces the appointment of Beaumont Cornish Ltd as its Nominated Adviser and XCAP Securities PLC as its Broker, with immediate effect. 30 September 2011 Highlights ● Group revenues improved during the second half of 2011 to £1.2m (H1: £1.0m) ● Non-recurring engineering revenues for product development grew by 141% for the year (2010: 46%) ● Operating costs reduced by 12% as a result of outsourcing efficiencies and cost reductions ● Several significant supply agreements secured during the year, with the largest order received to date from a leading military radio manufacturer Geoff Shingles, Chairman, said: “2011 was a challenging year for Sarantel, owing to the impact of issues faced by some of our customers. Nevertheless, we were able to secure a number of significant supply agreements throughout the year and more recently secured our largest ever order which will have a substantial impact on the Group’s revenues and cashflow for 2012 and beyond.” “The increasing use of location and navigation applications in everyday life means that our market opportunities continue to grow. We remain confident that Sarantel’s innovative technology has a bright future as users demand ever-higher performance from navigation and mobile devices. “As announced on 1 March 2012, Sarantel has agreed a £2m secured loan facility to provide additional working capital with support from a major customer and the Group’s Bank, with this now in place the outlook for Sarantel is increasingly positive.” Full Text: http://www.sarantel.com/app/assets/files/Annual%20Report%20%26%20Accounts%202011.pdf

[PINN] http://www.pinnacletelecomgroup.co.uk/assets/files/financial_reports/Pinnacle_Report_and_Accounts_2011_FINAL.pdf

[PINN]The Company would like to draw the attention of shareholders to Change of company name. Shareholders are asked to approve the proposed change of name of the Company to Pinnacle Technology Group plc at the next meeting of shareholders. Rationale for Change of company name; When Pinnacle Telecom plc was formed in 1998, telecommunications was still at an early stage of breaking away from the monopoly of BT and the duopoly that included Mercury. These days however, telecommunications is evolving into the convergence of multiple technologies - voice, data, WAN, LAN, video, and wireless technologies. The Company believes that over time, all telecom will eventually migrate onto IP networks and the traditional telecom network as we know it is history, rapidly being transformed into a high-speed IP delivery structure between distribution networks. As a result of differentiation through technological advantage, Pinnacle has successfully punched above its weight and currently enjoys the benefits of speed to market, with regards to deploying new technologies, relative to the established operators of traditional networks. As Pinnacle continues to evolve its converged managed services model, our dependency on traditional telecom revenues is decreasing and that revenue is being replaced by a broader suite of solutions from emerging technologies in the security, cloud, mobility, data and IP space. In the year to September 2011, the Company reported that for the first time, the level of net assets invested in its IT market segment, outweighed the combined net assets of those in its telecom and mobile market segments. The Company has also continued to invest in strengthening its IT capabilities, acquiring MacLellan IT Ltd, Online Computer Developments Ltd and RMS Managed ICT Security Limited in the second half of last year. The Directors believe that now is the right time to change the perception of the Company away from a traditional telecom business, into a premier converged managed services provider of high quality cloud based technology solutions, by amending the name of the Company, to reflect this change in technological advancement. Upon the approval and registration of the change of name; · The Company is not intending to issue fresh share certificates, unless specifically requested to do so by an individual shareholder. · The ticker (PINN) will not change · The date for the change of name is Monday 2 April 2012. Commenting on the proposed change of name of the Company, Alan Bonner, CEO of Pinnacle Telecom Group plc said, "Dropping Telecom from our name and changing the name of the Company to Pinnacle Technology Group plc, better reflects the current and future direction of the business and moves away from the perception of an old or traditional telecom company. It is expected that in line with this change, for year to September 2012, revenues from our technology solutions in the IT space will eclipse those of traditional telecom by a ratio of nearly 2:1, when compared to the year to September 2011."

[NRRP] Drilling update http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11135293

[SLG] The Market may well judge the latest Preliminaries with indifference, [SLG] is still in its embryo stage, as there is still no tangible proof that the Co is delivering on promisses. Despite continued upbeat Board statements, past contract wins, cost saving restructures, and new offices, there has been no material improvement in the tangible fortunes here. The Market may well mark down the share price. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11134989