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Proactive news headlines: Eurasia Mining PLC, genedrive PLC, Woodbois Limited,


() said it noted the adverse movement in the company’s share price on Wednesday following the announcement of the trade for 27,400,000 shares by Alexei Churakov. The company said it had received no notification of this trade prior to it being reported by Churakov himself via RNS on January 27, 2021. Eurasia said it has made initial enquiries Churakov regarding the sale of the shares, and he has now notified the company that he sold the shares to cover an urgent and critical cash call; that all the shares were acquired by Veles International, a subsidiary of an investment company Veles Capital; and that he has no intention to sell his remaining shares and/or options.

genedrive PLC () has said its coronavirus (COVID-19) testing technology will be sold in the US and Europe by partner Beckman Coulter Life Sciences, taking the pair’s previous collaboration agreement to the “next stage”. The company said its 96 SARS-CoV-2 kit is ideally suited for use on Beckman’s high throughput robotic Biomek i7 instrument. “The ready-to-go nature of the test removes many of the fluid dispensing steps required in competitor assays, increasing the overall throughput of the Biomek compared to using a liquid reagent-based test formulation,” investors were told.

(), the Africa-based sustainable forestry and timber group, said daily sawn timber production has risen strongly this year. Average daily sawn timber production to date in January was 60 cubic metres or more than a 100% increase on average daily production during 2020 while average daily veneer production was 18 cubic metres, a 16% rise over 2020. New management at the site in Mouila helped boost production said Woodbois, which noted that the Primultini sawmill line remains on track for completion within the current quarter.

() has told investors that its latest ‘excellent’ drill results at the Havieron project confirm the continuity of higher-grade mineralisation. The company highlighted the quarterly exploration report released by project operator Newcrest Mining Ltd () which included some of the findings from the Havieron deposit, in the Paterson region of Western Australia. Greatland noted that drilling programmes since May 2019 have outlined an ovoid-shaped zone and mineralisation has been observed to over 1,000 metres, vertically, and the mineralisation remains open at depth.

(), the diversified gold exploration and development company with assets in West Africa and India announced that it has issued 1,777,935 new ordinary Panthera shares following the conversion of 1,777,935 warrants at an exercise price of 6.68p each for gross proceeds of £118,766.  The warrant conversion was under the commitments announced on December 14, 2020, and all warrants under the commitments announced then and on November 9, 2020, have now been exercised. There are no transaction and advisory fees payable for the early conversion of the warrants.

() has said its profits this year will exceed expectations after house sales and mortgage demand rebounded strongly after the first coronavirus (COVID-19) lockdown. The company said revenues for the year to end-December 2020 rose by 12% to £21.6mln, which was higher than pre-COVID-19 forecasts, helped by the performance of the Lovelle network acquired in January. House sale commissions rose by 12%, of which 10% came from Lovelle, while recurring franchise income rose by 2% to £9mln as Belvoir said the March lockdown had a minimal impact on lettings.

() said it was profitable in the second half of the year to end-December 2020, its first profitable six months period for two years. The recruiter and contract staff supplier added that, despite the coronavirus pandemic, it expects full-year profit to be in line with 2019’s adjusted number of £115,000. Tight control of debtors also meant the group had swung into a net cash positive position at December 31, 2020, the AIM-listed group added.

PLC (), the digital music…



Read More: Proactive news headlines: Eurasia Mining PLC, genedrive PLC, Woodbois Limited,

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