Five financial stories, trending today in a 70 second podcast, including: Theresa May has told the public she is "on their side", laying the blame for the delay to Brexit squarely with MPs. Earlier, Mrs May wrote to EU Council President Donald Tusk requesting to delay Brexit until 30 June.
- SimplyBiz acquires Defaqto for £74 million20th Mar 2019
SimplyBiz stated that the acquisition is expected to be earnings enhancing for the first 12 months of ownership, as well as provide strategic and synergistic benefits. The acquisition is to be funded by raising a mixture of placings, a bank facility, and £3.1 million in cash.
- Predator Oil & Gas, Highlands Natural Resources, Widecells Group / Iconic Labs and John Meyer20th Mar 2019
On today's podcast: Predator Oil & Gas discuss the award of the an exclusive exploration licence for onshore Morocco. Highlands Natural Resources explains their move to establish a cannabis operation. Iconic Labs (Widecells Group) explain their new media and technology business model.
- SP Angel – Morning View – Graphite number one battery raw material20th Mar 2019
SP Angel daily note on commodities and miners, featuring: Asiamet Resources (ARS LN) – Additional BFS drilling results strengthens BKM resource Anglo American – Solar farm installed at tailings dam for los Bronces copper mine Bluejay Mining* (JAY LN) – Pre-feasibility study due end April. Discussions with potential offtakers ongoing Tri-Star Resources* (TSTR LN) – SPMP funding and operational update Union Jack Oil plc* (UJO LN) Valuation 0.44p ($62.0m) – Funds raised. West Newton and Wresssle projects to add value
- Motif Bio granted US FDA meeting for Iclaprim20th Mar 2019
Official meeting minutes are received from the FDA typically within 30 days of a meeting. After this, the company told investors it will provide an update to the market on the path forward for Iclaprim.