Goldstone Resources (LON: GRL) is raising £2m at 1p/share, which was more than double the share price ahead of the announcement. The cash will fund exploration at the Homase mine in Ghana to expand the JORC resource and to evaluate other gold projects, including one in Sierra Leone. Asian Investment Management is converting £1.45m of […]

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UK Oil and Gas (LON: UKOG) has raised £248,000 in its retail offer at 0.05p/share, having already raised £1m in a placing. The cash fund further development of hydrogen storage products and permit negotiations with potential partners. The share price improved 15.6% to 0.063p. Full year results for FIH Group (LON: FIH) were in line […]

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OptiBiotix Health shares tumbled 27.4% to 19.7p in late morning trading on Wednesday after the group reported current sales in its new structure following its listing of ProBiotix on the AQSE to be “materially lower” than expected in HY1. The health sciences firm reported expected sales of £120,000, with sales normalising in HY2, but at […]

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OptiBiotix shares were up 0.8% to 20.6p in late afternoon trading on Tuesday following a reported 45.3% rise in revenue to £2.2 million against £1.5 million in FY 2021. The firm announced a 27.7% increase in gross profit to £1.1 million from £879,000, alongside a climb in its Probiotic business sales of 34% to £1.1 […]

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OptiBiotix Health (LON: OPTI) plans to spin off its ProBiotix Health subsidiary on the Aquis Stock Exchange. ProBiotix develops probiotics for treating cardiovascular disease and is expected to join the market on 31 March. OptiBiotix will retain a stake and transfer other ProBiotix shares to its own shareholders.   Peterhouse will be the corporate adviser. […]

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OptiBiotix (LON:OPTI) have told shareholders that they have signed a licensing deal with Granja Pocha SA on Wednesday. The firm said that the deal will allow the the LPLDL probiotic added to a yoghurt project in Uruguay. The probiotic strain is a development product from OptiBiotix, and has uses to reduce cholesterol and blood pressure. […]

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