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HSBC Live to broadcast into 2012 Immedia Group Plc signs contract extension with HSBC The Board of Immedia Group Plc (AIM:IME) is pleased to announce a contract extension with HSBC Bank plc ("HSBC"). HSBC remains a very satisfied customer. Immedia specialises in engaging retail consumers with music strategies including audio solutions and digital signage to communicate brand messages and improve the customer experience. Other clients include major brands like Game, IKEA, Lloyds Pharmacy and Spar. Bruno Brookes, Chief Executive Officer of Immedia, said: "We are delighted to continue to provide a range of services to HSBC. Their radio station, 'HSBC LIVE', has proved to be an enormous success and we look forward to extending our excellent relationship."

http://www.investegate.co.uk/Article.aspx?id=201106201143357347I

UBM gobbles up food show organiser Date: Monday 20 Jun 2011 LONDON (ShareCast) - UBM has acquired a 70% stake in the Catersource catering conference and exhibition and its sister show Event Solutions. The business events organiser and publisher is paying $5m for the stake, and will add the Catersource business to its UBM Live division. The acquisition is expected to meet UBM's cost of capital hurdle rate in its first full year of ownership. In 2010 Catersource generated around $4m of revenue. Founded in 1982 and based in Minneapolis, Catersource hosts an annual conference and exhibition for the USA catering and event planning industry, as well as awards events and supporting print and digital marketing platforms. The events take place annually during February and March in Las Vegas. This year's Catersource and Event Solutions shows attracted over 10,000 delegates and more than 4,500 sponsor and exhibitor companies. Catersource's founder Michael Roman and his partner Kelvin Lee, together with Catersource's 13 employees, will remain with the business following completion of the acquisition. "We see strong opportunities to grow the [Catersource] brand by leveraging our US and worldwide events infrastructure, as well as driving synergies with other UBM events," said UBM's chief executive, Simon Foster. -- jh

Holidaybreak sells London ticket agent for £10.9m Date: Monday 20 Jun 2011 LONDON (ShareCast) - Education and activity travel group Holidaybreak confirmed that it has sold London theatre ticket agent West End Theatre Bookings to Encore Tickets for approximately £10.9m. West End Theatre Bookings, part of Hotel Breaks Division, was paid for in cash upon completion and the disposal proceeds will be used to reduce Holidaybreak's debt. Commenting on the sale, Holidaybreak chief executive Martin Davies said, "The sale demonstrates our commitment to strengthen the Education share of the group as part of our longer term growth strategy to become the leading educational travel provider in Europe." In the year ended 30 September 2010, West End Theatre Bookings made an operating profit of £1.0m on revenue of £20.3m. Gross assets at 30 September 2010 were £4.7m. At 8:36am in London, shares of Holidaybreak were trading at 290p, down 7.5p

Andrew nice rise so far re SP but as you say will it stick - production figures are getting better and better

zed - I havnt time to post in dual mode!

http://www.investegate.co.uk/Article.aspx?id=201106200845016931I

Comment from the Chairman of Wasabi Energy Executive Chairman of Wasabi Energy and Director of Global Geothermal Limited, Mr. John Byrne commented: "The negotiation of a global Kalina Cycle® technology licensing agreement with FLSmidth less than 5 months after the award of the landmark Khairpur Kalina Cycle® contract, highlights the confidence established market leaders like FLSmidth, see in the future of our waste-heat-to-power generation technology." "We recognise there are significant synergies between our patented technology and the core capabilities of FLSmidth and are delighted to be expanding our collaboration with FLSmidth beyond the Khairpur Kalina Cycle® project, to cover the global cement and lime manufacturing industry. FLSmidth is the largest EPC provider to the global cement industry and have installed more than 2,000 cement kilns throughout their 129 year history." "Converting waste-heat-to-power is a proven, cost effective way to improve the energy efficiency (and to reduce greenhouse gas emissions) of energy intensive industries such as the cement and lime manufacturing industry. FLSmidth is a market leader in terms of implementing energy efficiency technologies in the cement and lime manufacturing industry - we are delighted they have determined the Kalina® Cycle technology to be an efficient, safe and reliable waste-heat-to-power generation technology." "Combining our technology ownership position with the licensing agreement announced today, we now have the capacity to rapidly deploy our innovative technology across another sector, the global cement and lime manufacturing industry."

Global Licensing Agreement with FLSmidth for the Kalina Cycle® in Cement & Lime Industries. • Wasabi Energy signs global Kalina Cycle® licensing agreement with leading EPC provider FLSmidth • Kalina Cycle® to spearhead efforts to reduce emissions of global cement and lime industries • Licensing agreement expected to generate substantial licensing and engineering revenues • FLSmidth has already identified more than 10 plants for potential application of Kalina Cycle® technology • The Khairpur Kalina Cycle® plant on track to produce first power in the first quarter of 2012

http://www.investegate.co.uk/Article.aspx?id=201106200700086979I

Alot to read here - first glance not too bad and production to look forward to before end of 2011

George Ogilvie, President and CEO, Rambler Metals & Mining commented; "The Group's performance over the past quarter has been extremely positive with new revenue being generated from the Company's own mineral property, the Nugget Pond Crown Pillar. Furthermore, our continued exploration at the Ming Mine has resulted in the discovery of visible gold underlining our belief that the Ming Mine will continue to provide high grade discoveries with continued exploration. The coming months will be a pivotal turning point for the company as our flagship project will be in production during the second half of 2011."

Financial Highlights (All expressed in CAD$) /T/ -- During the quarter, the Group generated gross profit of $8,000 some of which was attributable to the completion of a third party test program at the Nugget Pond Mill compared with a gross profit of $68,000 in Q2/11. -- The Net Profit for the quarter ended April 30, 2011 was $193,000 including an exchange gain of $836,000 or $0.002 per share compared to a net loss of $555,000 for Q2/11 and a net loss of $630,000 for Q3/10. -- Cash flows utilized for operating activities were $406,000 in Q3/11 compared to $979,000 in Q2/11 and $307,000 in Q2/10. The decrease in the cash utilized is due to changes in working capital. -- Cash resources (including short-term investments) as at April 30, 2011 were $2.4 million and as of June 20, 2011 had increased to $12.3 million.

Operational Highlights /T/ -- Successfully raised CAD$15 million after expenses through the placing of 27,777,778 ordinary shares on May 3, 2011. The proceeds will be used to provide the working capital required ahead of full production at the Ming Mine. -- Final permits received from the Government of Newfoundland and Labrador for the Ming Mine, allowing for the final payment of US$6 million to Rambler under the terms of the Gold Loan agreement with Sandstorm Gold Ltd. -- Processing of the Nugget Pond Crown Pillar commenced in mid May 2011 at an average throughput rate of 430 tonnes per day and concluded on June 13, producing approximately 880 gold ounces at estimated cash cost of $493 per ounce. Final reconciliation of totalled recovered ounces will be known following the completion of further refining and the treatment of material recovered during system cleanout. -- Following completion of the Crown Pillar ore haulage and processing of the Tilt Cove-East Mine Deposit commenced on June 13, 2011. -- Updated NI43-101 resource estimates for the Lower and Upper footwall Zones at the Ming Mine with an increase of 1.63 million tonnes representing an additional 27,375 tonnes of contained copper, 403 ounces of gold and 53,827 ounces of silver resulting in a 21% increase. -- All construction continued on schedule including the concentrator expansion and mine site. The new office/dry facility was completed in preparation for an increase in the underground workforce. Construction of concentrate storage facility in Goodyear's Cove scheduled to begin late June. -- Exploration continued during the quarter, including a notable discovery of high grade visible gold on the 1700 level at the Ming Mine.

Rexam agrees to sell Closures for $360m Rexam PLC, the global consumer packaging company, announces that it has agreed to sell its beverage and speciality closures business ("Closures") to Berry Plastics for $360m in cash, subject to certain asset adjustments. Completion is expected in Q3 2011 and is conditional on regulatory approvals. The Closures business employs about 1,500 people and is focused on the North American market. In 2010, the business was reported as discontinued with sales of £343m and underlying operating profit of £22m (loss before tax of £177m including exceptional and other items). As at 31 December 2010 it had gross assets of £280m and liabilities of £50m. Rexam plans to right-size its Plastic Packaging operations as a result of this transaction. This is expected to give rise to an exceptional charge of around £25m, of which £15m will be cash costs. The net proceeds will be used to reduce net debt. Over the past two years the Company has bought back some €62m of its €700m 2013 medium term notes and may continue to make further repurchases of these notes and other senior bonds going forward.

http://www.investegate.co.uk/Article.aspx?id=201106200732497154I

Outlook We are encouraged by the strong performance of the Local business in the first half, but, as is always the case, the outcome for the year as a whole will be heavily dependent on trading during the peak summer season. Our International Power Projects business has good momentum and we expect that the rate of year-on-year growth in MW on rent in the second half will exceed that seen in the first half. In light of this and a healthy pipeline of enquiries we have decided to raise the rate of fleet investment by a further £30 million, in addition to the £70 million increase announced in April, taking our forecast fleet capital expenditure for the year to around £420 million. We now believe that the rate of growth in underlying profits for the year as a whole will be a little higher than the 20% underlying Trading Profit growth that we expected at the time of our Interim Management Statement on 27th April 2011. We reiterate our previous guidance for headline Trading Profit for the year to be slightly ahead of 2010, as the further strengthening of underlying profits will be offset by the weakness of the US Dollar, which affects the translation into sterling of the profits of our International Power Projects and North American businesses.

Trading Update The rate of underlying growth seen in the first quarter has accelerated in the second quarter, and the Group expects to deliver a strong underlying performance in the first half as a whole. We now anticipate that, in the first half, Group revenue in constant currency and excluding pass-through fuel will be about 9% higher than 2010. Trading profit is expected to be similar to 2010, representing 20% growth in revenue and 17% growth in trading profit on an underlying basis (i.e. in constant currency and excluding revenues from pass-through fuel and major events held in 2010 (Vancouver Winter Olympics, FIFA World Cup and Asian Games)).

http://www.investegate.co.uk/Article.aspx?id=201106200700086970I

Goldman raises target price on Majestic Wine from 447p to 492p.