Daily Banking News

Samarkand Group PLC, Live Company Group PLC, MGC Pharmaceuticals Ltd, Greatland

Samarkand Group PLC () said it has acquired Zita West Products Limited (ZWPL), a UK nutritional supplement brand for the fertility and pregnancy market, as well as a 51% stake in mother and baby nutritional product and probiotics maker Babawest Ltd for a total consideration of around £2.4mln.

() said it has acquired a 16.3% stake in Start Art Global Ltd, an online and digital art sales platform that it said also had the potential for the creation of non-fungible tokens (NFTs). 

() has exercised an option that gives it a controlling interest in Blueshirt Capital Advisors (BCA), the tech-focused capital markets business.

PLC () has acquired the writer’s share to the royalties of more than 250 tracks of Kid Creole and the Coconuts, the band behind hits such as “I’m A Wonderful Thing, Baby”, “Annie, I’m Not Your Daddy” and “Stool Pigeon”.

() announced it has acquired a 51% interest in Hyperneph Software for £320,000.

() has completed its extended 2D seismic programme at the Rukwa project in Tanzania.

 (), which has a 4.3% shareholding in Helium One, saw its shares rise on the back of the news.

Silence Therapeutics PLC (LON:SLN, NASDAQ:SLN) has launched a new online game to raise awareness of the rare blood disorder, thalassemia, ahead of International Thalassemia Day on May 8. ‘Blood Run Beta’ (www.bloodrunbeta.game) is free and now available for people to play and learn more about the daily impact of thalassemia and one of its most common symptoms – fatigue. The gene silencing specialist is working on SLN124, a drug that targets the illness.

() has reported higher revenues in April as the firm continued to mine Bitcoin and saw its margins widen slightly. 

() () () has received a second wholesale purchase order of ArtemiC Rescue from Swiss AG (SPC) worth about €640,000.

() has completed on a previously-announced US$500,000 bridge loan from certain company directors to finance the construction of subsidiary Ncondezi Green Power’s 400kWp solar PV plus 912kWh battery storage project in Mozambique.

() said a Definitive Feasibility Study on its flagship asset, the Uis tin mine in Namibia, confirmed the viability of expanding the current Phase 1 mining and processing facility. The expansion would result in a 67% increase in tin concentrate production. 

(LON:MKA, ) said it is capable of producing significantly higher recoveries and concentrate grades from the 51%-owned Songwe Hill rare earths project in Malawi than previously expected, according to the results of a flotation pilot plant programme.

Cannabidiol (CBD) specialist () said it has raised £6mln before expenses from existing and new investors that will allow it to terminate a financing agreement and fund the commercial roll-out of its main product.

() has received a renewal of its permit to explore at the Dotted Lake project in Canada, allowing it to progress on plans for up to eight diamond drill holes, ground IP geophysics and revised trenching plans.

() said it decided not to extend a term sheet with Galaxy Gold Mines Pvt Ltd following the recent change in the Indian mining law, effectively ending the partnership to advance the Bhukia joint venture gold project.

() added a new discovery in Egypt after its partner Kuwait Energy submitted a notice of commercial discovery to the authorities.

Zephyr Energy Plc () is hitting the ground running in North Dakota where all recently acquired wells are now expected to be online for production ahead of schedule by the end of July.

() revealed that it has signed a framework agreement with a large Asian telecoms company (telco) that will see Pelatro become more deeply embedded in the telco’s operations.

() has appointed Nicolae Turdean as Romanian country manager. Turdean has decades of experience in the mining industry, predominantly in Romania. He will work alongside the newly appointed expert management team at the Baita Plai polymetallic mine and in…

Read More: Samarkand Group PLC, Live Company Group PLC, MGC Pharmaceuticals Ltd, Greatland

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