See Today's AIM Risers Featuring Mobile Streams Agreement with Indian State Owned Telecom
Abraham Darwyne
AIM Risers
14:54, 4th December 2018

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

Webis Holdings (WEB) FOLLOW announced today that its Advanced Deposit Wagering business, 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, 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: FOLLOW

Mobile Streams rises 69% to 1.1p a share

Mobile Streams (MOS) FOLLOW 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: FOLLOW

China Nonferrous Gold rises 9% to 6.95p a share

China Nonferrous Gold (CNG) FOLLOW 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: FOLLOW

Active Energy rises 14% to 1.6p a share

Active Energy (AEG) 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: ​​​​​​FOLLOW

See all today's AIM Risers here

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