Gore Street Energy Storage Fund PLC (LON:GSF) has signed a construction contract for a 30 megawatt (MW) project in Porterstown in the Republic of Ireland. The company has also applied to increase the total capacity of its two assets in its Republic of Ireland portfolio from the original 60MW to up to a total capacity of 180MW.
AFC Energy PLC (LON:AFC) has signed a binding agreement with BK Gulf LLC to support the immediate scale up of manufacturing capacity for delivery of its proprietary H-Power fuel cell system. BK Gulf, a wholly owned subsidiary of Middle Eastern conglomerate Dutco Group is one of the region’s largest specialist mechanical and electrical contractors.
AdEPT Technology Group PLC (LON:ADT) weathered tough trading conditions pretty well in the first half of its financial year, with underlying earnings (EBITDA) slipping to GBP5.2mln from GBP6.1mln the previous year.
Genedrive PLC (LON:GDR) said further, possibly significant, orders for its coronavirus rapid test are expected through its widened network of partners. At the year-end (June 30) the molecular diagnostics specialist had GBP1mln of initial orders for the kit, with its 15-minute point of care device set to be launched in March.
Trident Royalties PLC (LON:TRR) has completed its acquisition of the Spring Hill royalty from Thor Mining PLC (LON:THR). The uncapped royalty provides for A$13.30 per ounce of gold produced from Spring Hill if the gold price is greater than A$1,500 per ounce, or A$5.70 per ounce if the gold price is lower.
Tissue Regenix Group PLC (LON:TRX) has named as its new chief executive the president of its US operation. Danny Lee has been appointed to the board of the regenerative medical devices company with immediate effect.
Naked Wines Plc (LON:WINE) said it has appointed Shawn Tabak as its new chief financial officer who will join the company on December 7. The AIM-listed wine retailer said Tabak’s appointment follows its previous announcement that its current CFO, James Crawford, has been appointed managing director of its UK business.
Scancell Holdings PLC (LON:SCLP) has appointed Dr Gillies O’Bryan-Tear to the position of chief medical officer and Dr Robert Miller as medical director. The appointments reflect Scancell’s continuing focus on advancing the clinical development and commercialisation of its programmes for the treatment of cancer and in developing a vaccine for COVID-19, it said.
NQ Minerals PLC (AQSE:NQMI) has raised GBP835,097 at a price of 5.5p per share from a UK institutional investor for general working capital purposes. The Tasmania-focused miner will issue 15.18mln new shares as part of this placing.
First Sentinel (AQSE:FSEN) announces that it has raised GBP95,760 from the issue of 95,760 further bonds at GBP1 apiece and that they will begin trading on Euronext Dublin today. With just over 3mln bonds issued so far, it is the seventh tranche of bonds to be issued out of a planned GBP7mln bond issue out to 2024.
Ncondezi Energy Limited (LON:NCCL) non-executive director Scott Fletcher has purchased an aggregate of 2.2mln ordinary shares taking his total beneficial interest to 59.1mln shares, representing 16.9% of the company’s issued share capital.