See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Webis Holdings rises 34% to 4.2p a share
announced today that its Advanced Deposit Wagering business, WatchandWager.com LLC received its license extension approval from the California Horse Racing Board.
It posted its final results 2 days ago, posting a 23% growth in amounts wagered to $461.2 million, and gross profit increasing 3% to $5.5 million. Operating costs were up 3% to $5.4 million as a result of costs of licensing in the USA and other markets.
The company said its USA business WatchandWager.com, occupies a significant first mover advantage in the USA, and is well positioned in California, a gaming market that “will dwarf other USA states in size when regulated"
Ed Comins, President of WatchandWager commented: "We are pleased to receive the important license extension in California and look forward to working with them to increase taxes payable to the State and our statutory charitable contributions."
Read more here & follow WEB here:
Mobile Streams rises 69% to 1.1p a share
announced today a direct billing agreement with Bharat Sanchar Nigam Limited, a state owned telecommunications company for a potential direct billing connection to over 100 million customers.
This is the fourth billing connection in India for Mobile Streams, providing further opportunity to grow its active subscriber base.
Simon Buckingham, CEO of Mobile Streams said: "We welcome the opportunity to partner with India's longest established communication service provider. The mobile games industry in India has great potential and we are pleased to connect with BSNL's 100 million subscribers."
Read more here & follow MOS here:
China Nonferrous Gold rises 9% to 6.95p a share
announced a few weeks ago the company achieved a production scale of 2000 tonnes per day at its Pakrut gold mine in the Republic Of Tajikistan.
Shares surged over 50% immediately following the news, after the company faced a difficult year over the winter, having to claim insurance following losses after a snowstorm.
The Finance Director resigned last week for personal reasons and shares in CNG continue to rise
Read more here & follow CNG here:
Active Energy rises 14% to 1.6p a share
announced yesterday that the Ministry of Fisheries and Land Resources issued two five-year commercial cutting permits to a subsidiary of Active Energy Group totalling 100,000 m3 annually in Great North Peninsula, Newfoundland and Labrador to build a new biofuel plant.
The Provincial Government issued two five-year commercial cutting permits to Timberlands International (Newfoundland and Labrador) Inc., a subsidiary of Active Energy Group (AEG) Plc., totalling 100,000 m3 annually (500,000 m3 over five years) in Forest Management Districts 17 and 18 on the Great Northern Peninsula.
Active Energy Chief Executive Officer, Michael Rowan, said, “We look forward to working with the relevant authorities and progressing discussions with potential investors in order to develop a new, efficient generation biomass industry in the provincial forestry sector."
It is to be AEG’s first CoalSwitch™ plant in the Provinc
Read more here & follow AEG here:
Five financial stories, trending today in a 70 second podcast, including: MPs have voted to take control of Commons business for a day, in an unprecedented move to try to find a majority for any Brexit option. It means MPs will get a series of votes tomorrow to find out what kind of Brexit they will support, even though Theresa May has said there is no guarantee, she will abide by their decision.
On today's podcast: Live Company Group discuss progress including their new BRICKLIVE Show in Geneva. Bigblu Broadband cover the highlights from their final results released today. Rockfire Resources talks about the high grade copper from their Copper Dome Project in Central Queensland. Botswana Diamonds discuss their interim highlights.
Louis Coetzee, Chief Executive Officer of Kibo Energy (KIBO), addressed shareholders in a letter detailing progress the AIM listed energy company has been making in Sub-Saharan Africa and the UK. “Africa represents a rapidly growing market economy with an acute power deficit”
SP Angel daily look at commodities and miners, featuring: Bushveld Minerals (BMN LN) – Drill results at Brits vanadium project Chaarat Gold* (CGH LN) – Kapan site visit notes: focus on productivity to deliver sustainable cash generation MOD Resources (MOD LN) - Infill drilling at T3 project delivers increased reserves
Oil and gas investment company, Reabold Resources (RBD) shared with investors today that Rathlin Energy, operator of the PEDL 183 license onshore UK, has signed a rig contract for the drilling of the West Newton appraisal well. The well is expected to spud in April 2019.
Five financial stories, trending today in a 70 second podcast, including: Optimism about the business outlook, among Britain’s financial services firms, has fallen at its fastest rate since the 2008 financial crisis, amid concerns about Britain’s exit from the European Union.