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:
As part of the listing, the company raised £523,500 before expenses through a share placing. It has also issued warrants that if they were all exercised would raise a further £1.3 million.
On today's podcast: Hummingbird Resources discuss 2019 guidance and its drill results from the 2018 exploration campaign. Europa Metals talks about their Scoping Study. Block Energy discusses the advanced technology they have secured for their multi-well programme in Georgia. Chris Bailey covers: Superdry, Bonmarche, Thomas Cook Group, Tui Group & PZ Cussons.
See Today's AIM Risers Featuring Thor Mining Upgrading its Mineral Resource.
SP Angel morning look at commodities featuring: Bacanora Lithium (BCN LN) – Blackrock cuts stake Erris Resources (ERIS LN) – Exploration update Hummingbird Resources (HUM LN) – Progress report on exploration drilling Savannah Resources (SAV LN) – High-quality saleable by-product from Mino do Barroso lithium project Thor Mining (THR LN) – Mineral resource update at Pilot Mountain
Hummingbird Resources, an African gold producer, released the second set of drill results from their exploration campaign in Mali. The company aims to transform its resources into reserves and eventually extend the life of their Yanfolila Gold Mine.
Shield Therapeutics (STX) announced today that the US Food and Drug Administration has confirmed that the target date for completion of the New Drug Application review of Feraccru is 27 July 2019, under the terms of the Prescription Drug User Fee Act.
Sainsbury’s hit by Asda deal doubts, Dixons £460m loss fuels fears of High St bloodbath but new boss insists turnaround plan is still on track
Five financial stories, trending today in a 70 second podcast, including: Theresa May is heading to Brussels for an EU summit, less than 24 hours after surviving a vote of confidence. The prime minister is seeking legally binding pledges from EU leaders on the Irish backstop - a key obstacle for MPs who oppose her Brexit deal.
GST is an innovative global technology and investment company. Its main business is its profitable, 28-year old, Singapore - based subsidiary - EMS Wiring - that provides integrated Information and Communication Technology (ICT) solutions worldwide.
On today's podcast: Dr. Clifford Gross, Chairman at Tekcapital give an update on their portfolio companies. Sachin Oza, Co-Chief Executive Officer of Reabold Resources provides an update on their operations. John Meyer covers BHP Billiton Rio Tinto, Anglo-American Mining, Mkango Resources, Anglo-Asian Mining & Bluejay Mining.