Contract proteomics services provider Proteome Sciences (LON: PRM) has won two further substantial Good Clinical Laboratory Practice contracts worth more than $1.5m. The major part of the contracts will be completed this year. This follows a contract to develop a new assay announced in December. The share price increased 25.6% to 3.39p.
Shares in Malaysia-based e-commerce payment services provider Mobility One (LON: MBO) ae still rising and are 24.6% higher at 9.5p. This follows conditional approval to carry on Islamic digital banking in Labuan in Malaysia. The share price has risen 1170% since the announcement.
Cadence Minerals (LON: KDNC) has been granted a Preliminary Environmental Licence for the Amapá mine in Brazil, including the Azteca processing plant. This confirms environmental feasibility for the full mine capacity of 5.5 Mtpa of DR-grade iron ore concentrate. The share price gained 11.1% to 3.5p.
FALLERS
In an update on the Barb Project in Manitoba, Canada, Gunsynd (LON: GUN) says field work is consistent with a structurally controlled orogenic gold system. However, none of the latest rock sample results produced grades of more than 1g/t gold. Funding of C$105,000 has been secured from the Manitoba Mineral Development Fund to help fund further exploration. Targeted exploration will enhance understanding of the project. The share price slumped 31.4% to 0.12p.
Eco (Atlantic) Oil and Gas (LON: ECO) has appointed Keely Pearce as Vice President, Operations. She has expertise in exploration joint venture management and strategic planning. Canaccord Genuity has been appointed joint broker. The share price slipped 11.9% to 29.5p.
Geo Exploration (LON: GEO) is still falling following yesterday’s news that although maiden drill holes at the Juno project in Australia intersected gold and copper sulphide mineralisation, together with silver and zinc, it appears that the higher grade mineralisation could be to the south. The share price declined 4.17% to 0.115p and is 37% lower over two days.
Power Metal Resources (LON: POW) has reduced its stake in fully listed First Class Metals (LON: FCM) from 9.9% to 7.91%. The First Class Metals share price The Power Metal Resources share price fell 3.45% to 14p.