Clean energy technology business Ceres Power said on Monday that it has inked a global long-term licence agreement for the manufacture of its proprietary solid oxide electrolyser cell technology with an original equipment manufacturer based in the Asia-Pacific region. Ceres said the agreement meant it had secured another partner with …
Read More »Chariot inks hydrogen import deal with Port of Rotterdam
Chariot has signed a memorandum of understanding with the Port of Rotterdam, it announced on Wednesday, as part of its planned green hydrogen project in Mauritania. The AIM-traded firm said the memorandum was a “first step” towards establishing supply chains to import green hydrogen and ammonia to meet expected demand …
Read More »MediaZest winning new business at ‘encouraging’ rate
Audio-visual creative company MediaZest updated the market on new business wins on Tuesday, reporting that it had continued to secure new project work since its last update on 11 February at “an encouraging rate”. The AIM-traded firm, which was holding its annual general meeting, said more than £0.25m of confirmed …
Read More »Conroy Gold reports positive results from Ireland zinc sampling
Ireland and Finland-focussed exploration and development company Conroy Gold announced results from an infill zinc-in-soil sampling programme on the northern Aughnagurgan section of the 20 square kilometre zinc zone it discovered in the Longford-Down Massif in Ireland on Tuesday. The AIM-traded firm said 23 of the 65 samples collected recorded …
Read More »Sabien Technology establishes US subsidiary
Heating, cooling and transportation technology company Sabien has incorporated a wholly-owned United States subsidiary Sabien, Inc in the state of Delaware, it announced on Wednesday. The AIM-traded firm said US investor and technology company operator Danny Mills was appointed as president and Richard Parris as chairman and company secretary of …
Read More »Bonhill has $1.1m US paycheck loan forgiven
Bonhill Group updated the market on its US Paycheck Protection Program (PPP) loan on Tuesday, having received the $1.1m loan on 29 May. The AIM-traded business information, events and data company said the loan was made to protect US jobs and, provided it used it for employee retention, payroll and …
Read More »Surface Transforms flags solid 2020 despite pandemic
Carbon fibre brake disc manufacturer Surface Transforms updated the market on its trading for the year ended 31 December on Tuesday, reporting that revenue for the year rose to £2m from £1.9m. The AIM-traded firm said cash at the end of the year stood at £1.1m, up from £0.8m, and …
Read More »Tekcapital portfolio firm Salarius signs US distribution deal
Intellectual property investment company Tekcapital announced on Wednesday that its portfolio company Salarius has signed a distribution agreement with Gehring-Montgomery, a United States ingredient distributor, in a bid to expand business-to-business sales of ‘MicroSalt’ across the US. The AIM-traded firm described Gehring-Montgomery as a “leading distributor” of food and raw …
Read More »Litigation Capital executes finance agreement with building contractor
Dispute financing company Litigation Capital Management (LCM) has executed a portfolio finance agreement, it announced on Monday, to provide a “significant” finance facility to a subsidiary of a global building and infrastructure contractor, to fund a portfolio of its construction claims. The AIM-traded firm said the large corporate portfolio transaction …
Read More »Tasty cuts workforce by a third, mulls equity raising as outlets reopen
Wildwood restaurant chain owner Tasty said on Tuesday it would open around 86% of its estate this month having cut its workforce by more than 30%, as it considered an equity raising and warned of a “challenging” market. The firm said it remained “extremely cautious” regarding trading in September and …
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