Revolution Beauty Group (LON: REVB) has received a preliminary bid approach and a formal sale process has begun. The cosmetics supplier requires more funding, and it is still talking to key shareholders. The share price rebounded 30.8% to 6.8p. Peru-focused gold mining company Nativo Resources (LON: NTVO) is about to publish proposals for the restructuring […]

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Tavistock Investments (LON: TAVI) is acquiring Alpha Beta Partners, which is an asset manager with £3bn under management. The business is focused on retail investors, and this will scale up the existing business of offering asset management services to third party advisers. Operating profit was more than £500,000 on revenues of £4m in the year […]

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Oil and gas company Prospex Energy (LON: PXEN) says current gross production of the PM-1 facility at the Selva Field – 37% interest – is 2.8mmcf/day. This is generating free cash flow of more than £6,000/day. The operator is Po Valley Energy. The Italian government has become more positive about oil and gas exploration. The […]

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Immpharma (LON: IMM) owns 10.8% of Aquis-quoted Incanthera (LON: INC), which has published an update on its distribution deal with Marionnaud. The first order for Skin + CELL products will generate revenues of £2m with 50,000 bottles of skin cream to be supplied for sale in Austria and Switzerland. A second order will be even […]

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Shares in Itsarm (LON: ITS) jumped 1480% to 3.15p, which is the highest it has been since March. David Craven and Jean-Paul Rohan are joining the board and the winding-up petition has been withdrawn. James Sharp and Richard Monaghan are stepping down without compensation and are not being paid fees for July. A new proposal […]

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Analytics-as-a-Service company Actual Experience (LON: ACT) has signed a letter of intent with Logicalis International, a subsidiary of Datatec, for the first sale of a joint venture product based on the company’s Digital Workplace Management Platform delivered via the Logicalis platform. The share price soared 143.5% to 1.4p. Engineering and technical recruitment company RTC Group […]

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Verici Dx (LON: VRCI) continues to recover following last Wednesday’s operational announcement. Post kidney transplant rejection assessment product Tutiva has been launched and pre-transplant product Clarava should be launched before the end of 2023. The share price, up 57.1% to 11p, is the highest it has been since the beginning of February and 132% higher […]

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