Proactive news snapshot: Horizonte Minerals, AFC Energy, Union Jack Oil…

News

Shares in nickel miner Horizonte Minerals PLC (LON:HZM) soared 49.6% to 5p in early trading following a US$25mln deal with investment firm Orion Mine Finance to develop its Araguaia project in Brazil.


AFC Energy PLC (LON:AFC) has told investors that successful electrode performance testing results have strengthened its agreement with Industrie De Nora.


Union Jack Oil PLC (LON:UJO) told investors that the partners in the West Newton project now believe it is a “significant oil and gas discovery”.


Life and pensions group Chesnara PLC (LON:CSN) expects to maintain its dividend policy even though current market conditions are putting pressure on the cash it generates.


Mkango Resources Ltd (LON:MKA) is targeting the advancement of its Songwe Hill project in Malawi as it looks to downstream opportunities relating to the rare earths supply chain.


Diversified Gas & Oil PLC (LON:DGOC) is to acquire Ohio-based gas production and exploration assets from EdgeMarc Energy Holdings following approval by the US bankruptcy court.


W Resources PLC (LON:WRES) remains on schedule for first concentrate from the La Parrilla tungsten mine in Spain.


Falcon Oil & Gas Ltd (LON:FOG, CVE:FO) has highlighted a ‘strong financial position’ as the company and its investors look forward to a new programme of drilling at the Beetaloo shale project in Australia.


Bushveld Minerals Limited‘s (LON:BMN) US$68mln acquisition of Vanchem has been given the green light by the South African competition watchdog.


ANGLE PLC (LON:AGL, OTCQX:ANPCY) said a 200-patient US clinical verification study has begun.


Live Company Group PLC (LON:LVCG) has partnered up with entertainment firm Imagine Exhibitions Inc to help expand its BRICKLIVE tours in North America.


Block Energy PLC (LON:BLOE) told investors that the ZJ40 drilling rig is now being mobilised to the 38Z well site at its flagship West Rustavi field.


Feedback PLC (LON:FDBK) chief executive Dr Tom Oakley praised the contribution of chairman Dr Alastair Riddell, who will retire after the company’s annual meeting.


Energy storage and clean fuel company ITM Power PLC (LON:ITM) has received funding from the UK government for the Gigastack feasibility study it is undertaking alongside offshore wind group Orsted.


Impax Environmental Markets plc (LON:IEM) has today sold 500,000 ordinary shares from treasury at a price of 299.5p per share, representing a premium to the prevailing net asset value.


BB Healthcare Trust PLC (LON:BBH) has issued more than 1.7mln shares at a price of 122.5p each, a premium to the prevailing net asset value per share.

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