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Susan Galbraith, Head of Oncology Innovative Medicines, AstraZeneca said: "Volitinib represents a highly attractive global opportunity for AstraZeneca as we seek to develop and commercialise novel, targeted cancer therapies. This collaboration with HMP represents our commitment to China and brings together two groups with highly complementary capabilities." Christian Hogg, Chief Executive Officer of Chi-Med said: "We are very much looking forward to collaborating with AstraZeneca around Volitinib. Our collaboration will support the development and commercialisation of this novel oncology innovation, discovered in China, to the global market on an accelerated basis, something we could not have done alone.

ASTRAZENECA AND CHI-MED ENTER INTO GLOBAL COLLABORATION TO CO-DEVELOP AND COMMERCIALISE NOVEL CANCER THERAPY London: Wednesday, 21 December 2011: AstraZeneca and Hutchison MediPharma Limited ("HMP"), an R&D company majority owned by Chi-Med, today announce that they have entered into a global licensing, co-development, and commercialisation agreement for Volitinib (HMPL-504), a novel targeted therapy and a highly selective inhibitor of the c-Met receptor tyrosine kinase for the treatment of cancer. Volitinib, which will imminently enter Phase I testing, has been discovered and developed in China by HMP. Under the terms of the agreement, development costs for Volitinib in China will be shared between HMP and AstraZeneca, with HMP continuing to lead the development in China. AstraZeneca will lead and pay for the development of Volitinib for the rest of the world. An initial cash payment of US$20 million is payable by AstraZeneca to HMP upon the signing of the agreement. In addition, HMP will receive up to US$120 million contingent upon the successful achievement of clinical development and first sale milestones. The agreement also contains possible significant future commercial sale milestones and up to double-digit percentage royalties on net sales. This collaboration further underscores AstraZeneca's goal to provide innovative medicines for unmet medical needs for patients in China.

http://www.investegate.co.uk/Article.aspx?id=201112210700123715U

Stephen Dattels, Executive Co-Chairman of West African Minerals, said: "Africa, and in particularly West Africa, is fast emerging as the next significant iron ore province. We are excited by the potential exploration and development opportunities offered by the licences held by Ferrum. The Directors have always sought investments which we believe to be undervalued and we believe that significant value exists in Ferrum for the Company's shareholders. The proximity of Ferrum's assets to advanced iron ore projects makes them well positioned to contain mineralisation, as well as benefit from the infrastructure being developed in the region."

West African Minerals Corporation (AIM: WAFM), the West African focused mining investment company, today announces a placing to raise £3.25 million, the proposed acquisition (the "Acquisition") of Ferrum Resources Limited ("Ferrum") and the calling of a meeting of shareholders of the Company (the "Shareholders") to approve the Acquisition. Highlights · The Company has conditionally placed 32,500,000 shares of no par value in the Company ("Ordinary Shares") with investors at 10 pence per share, a premium of 29 per cent. to the closing price of 7.75 pence (as adjusted following the recent share consolidation) on 1 December 2011 (the "Placing") to raise gross proceeds of £3.25 million (net proceeds of £2.4 million) subject to completion of the Acquisition and admission of the Company's enlarged share capital to trading on AIM (the "Admission"). · Subject to the approval of Shareholders at the meeting to be held on 6 January 2012, the Company intends to acquire the entire issued and to be issued share capital of Ferrum, a private company focused on the acquisition of interests in early stage iron ore exploration projects in Africa. · Ferrum holds a 60.35 per cent. interest in six exploration permits covering an aggregate area of approximately 6,000 square kilometres in Cameroon. Sundance Resources and Afferro Mining are both developing iron ore projects near Ferrum's permits in Cameroon. Historical aeromagnetic data indicate a continuation of the total magnetic intensity signature eastwards from Sundance Resources' Mbalam project into two of the licence areas. · Ferrum also holds a 75 per cent. interest in five exploration licences in Sierra Leone. Three of the northern licences are adjacent to or on strike of the Kukuna project recently acquired by Cape Lambert Resources Limited. The fourth licence in the north occurs on strike of Cape Lambert's Marampa project. · In respect of the Acquisition, the Company has agreed to issue a total of 63,314,845 new Ordinary Shares (the "Consideration Shares") to the shareholders of Ferrum and five-year options and warrants over a further 12,458,400 new Ordinary Shares to the optionholders of Ferrum. · The enlarged share capital of the Company upon completion of the Acquisition and the Placing will be 187,852,392 Ordinary Shares with a market capitalisation of approximately £18.8 million at the Placing Price. Trading in the currently issued share capital of the Company has commenced today and trading in the enlarged share capital of the Company on AIM is expected to commence on or around 9 January 2012.

http://www.investegate.co.uk/Article.aspx?id=201112210700143802U

Chairman, Michael W Stevens commented: "An improvement in market conditions is needed to stimulate higher trading volumes, which in turn will lead to improved profitability. We need to trade through old stock to then be able to recycle the funds for investment in current day priced land stocks. A return to normal market volumes with a stable pricing background is more important to the Group than seeing any significant increase in property values. Artisan develops well regarded product in both its residential and commercial development arms and has demonstrated flexibility and determination in grappling with harsh conditions for the sector and the economy. We are well placed to capitalise on any market improvement. We expect to shortly conclude negotiations for new banking facilities which will allow us to move forward with more certainty. However as part of a successful renegotiation of our banking facilities, there will be a requirement for new equity or similar."

PRELIMINARY RESULTS FOR THE YEAR TO 30 JUNE 2011 Artisan (UK) plc ("the Group"), the AIM listed house builder, business park developer and property investor announces its preliminary results for the year to 30 June 2011. Key points · Prolonged difficult market conditions continue to impact the performance of both the residential and commercial development divisions · Group turnover for the year reduced to £7.4m (2010: £9.4m), operating losses higher at £2.2m after exceptional item (2010: loss of £1.5m) · Some improvement post year end: o good reception for new Rippon Homes product o sale of long leasehold property in St Neots repaying £2.25m of bank debt and releasing £1.0m of working capital o significant forward let contract achieved at Artisan (UK) Developments · Ongoing renegotiation of lending facilities from the Group's lenders with outcome expected shortly and · Resolution to delist from the AIM market to be put to the next General Meeting

http://www.investegate.co.uk/Article.aspx?id=201112210700143775U

The Board of Jupiter Energy Limited (ASX: JPR) ("Jupiter" or the "Company") is pleased to advise that after the completion of a range of pressure tests and collection of bottom hole oil samples for Pressure, Volume and Temperature (PVT) analysis, the J-51 well has now been flowed on a range of choke sizes to establish a stabilised flow rate. The well is currently producing on a 9mm choke at a stabilised rate of 630 barrels of oil per day (bopd). Flow rates in recent days have also included 164 bopd on a 3mm choke and 440 bopd on 6mm choke. A range of data has also been collected over the past two weeks and will be used to prepare an updated reserve estimate as part of a submission to the State Reserves Committee which will be lodged after the gathering of results from the J-53 exploration well, currently being drilled. This reserves report is scheduled for lodgement late in the first quarter of 2012. Oil from J-51 continues to be sold into the domestic market at a price of approximately US$42 per barrel at the well head with all transport and logistics costs being borne by the buyer. All the necessary heating equipment is in place to ensure the smooth production and storage of oil prior to sale to the trading company. The Company intends to run a full 90-day production test on the J-51 mid-Triassic reservoir, the maximum period allowed by the Government.

Operations update for Block 31 Highlights: · J-51 well producing at a stabilised flow rate of 630 bopd on a 9mm choke from the mid-Triassic reservoir. · Oil being sold into the domestic market. · Drilling of J-53 well is on schedule. · Final environmental approvals for commencing J-50 and J-52 trial production near completion. · Unrest in Zhanaozen has not impacted Aktau operations.

http://www.investegate.co.uk/Article.aspx?id=201112210700143965U

Bunzl's only female non-executive director in its 150-year history has purchased shares in the firm just one week after a report showed annual revenue growth of over 6%. Eugenia Ulasewicz, who was appointed as a non-executive in April 2011, bought 4,000 shares at 837.8655p each. The distribution and outsourcing firm credited a string of acquisitions throughout the year as the reason for the boost. The group spent £185m on ten acquisitions this year, and said company takeovers remain "an important part of the group's growth strategy."

Chairman and Chief Executive Officer Micky Arison commenting on these results: "On the whole, 2011 was an encouraging year for our global portfolio of cruise brands. Our North American brands performed well, achieving an almost four percent revenue yield increase, while our European, Australian and Asian brand yields were in line with the prior year (constant dollars) despite having been significantly impacted by the geo-political unrest in the Middle East and North Africa. Higher revenue yields partially offset a 32 percent increase in fuel prices, which reduced earnings by $535 million or $0.68 per share for the year." "Cash from operations of $3.8 billion provided more than ample funding for our $2.7 billion capital investment program and enabled the company to return excess cash to shareholders. Earlier this year, our quarterly dividend was increased from $0.10 to $0.25 per share resulting in $670 million of dividend distributions. In addition, we purchased 14.8 million of the company's shares in the open market at a cost of $455 million." "Our base of business for 2012 is solid and we are experiencing strong booking volumes leading into wave season, our heaviest booking period which begins in early January. Despite the uncertain economic environment, we anticipate a continued slow recovery in yields in 2012 driven by ongoing consumer recognition that our cruises provide an exceptional value." "A wide array of exciting innovations and the continued modernization of our existing global fleet should drive even greater consumer interest and enthusiasm for our brands. An example is Carnival Cruise Lines' recently announced Fun Ship 2.0, which is a multi-year $500 million investment to transform the shipboard experience through exciting partnerships and new branded spaces. Carnival Liberty, which was recently re-introduced with several of the new features, has generated exceptional buzz and has been well received by consumers and travel agents." "We remain focused on strategic growth through the addition of two to three new ships per year and expect to continue to return excess cash to shareholders. Based on the above guidance, we estimate our cash from operations will approach $4 billion in 2012, while our capital investment commitment will be $2.6 billion. We expect to generate significant free cash flow in 2012 and beyond, which should provide further opportunities to return cash to shareholders."

2012 Outlook - At this time, cumulative advance bookings for 2012 are at slightly higher prices with slightly lower occupancies compared to the prior year - Net revenue yields on a constant dollar basis for full year 2012 expected to be up 1.0 to 2.0% - Net cruise costs excluding fuel per ALBD for full year 2012 expected to be in line with the prior year on a constant dollar basis - Full year 2012 non-GAAP earnings per share (diluted) expected to be in the range of $2.55 to $2.85, compared to $2.42 for 2011 - 1Q 2012 non-GAAP earnings per share (diluted) expected to be in the range of $0.06 to $0.10, compared to $0.19 in 1Q 2011

http://www.investegate.co.uk/Article.aspx?id=20111220141500PDA28

Peel Hunt downgrades Michael Page International from hold to sell, target price cut from 370p to 280p.

Goldman Sachs upgrades Hunting from buy to conviction buy, target price raised from 815p to 1150p.

Commenting on the acquisition, Louis Eperjesi, Chief Executive of Lupus Capital, said: "The opportunity to combine Overland's product range and expertise into our existing US hardware business and strong customer relationships is a very positive development for Amesbury and its customers. The acquisition of Overland is the logical next step in the development of the strong relationship between our two businesses. "By extending the range of products that Amesbury can offer customers, we will further enhance our leading position in the US building products market."

US$15 MILLION ACQUISITION OF OVERLAND PRODUCTS COMPANY, INC Lupus Capital plc announced today the acquisition of Overland Products Company, Inc ("Overland") for consideration of approximately US$15 million. Overland supplies an extensive range of stampings for a wide range of applications, mainly in the fenestration market, and is a long-standing partner and supplier to the Group's US Building Products Division - Amesbury. Overland is based in Fremont, Nebraska and in the year ended 31 December 2010, generated sales in excess of US$10 million. Overland will continue to supply its existing customer base from Fremont as a part of Amesbury's Hardware Division. Further benefits are expected to accrue from Amesbury's strong customer relationships and sales structure in the US and potential operational synergies with other Amesbury facilities. Bill Ekeler, presently CEO of Overland, will become General Manager of the Overland Facility following completion.