World

‘Highly respected petroleum engineer and oil and gas investment specialist’ Magnolia Petroleum, the AIM-quoted, US onshore-focused oil and gas exploration and production company, has announced that Mr. Thomas Wagenhofer has been appointed Chairman of the Board with immediate effect. He replaces Mr. Gavin Burnell who is stepping down from the Board to pursue other business […]

Placing to Raise £825,000 to Accelerate Expansion of Trading Operations African Potash, the AIM listed exploration company focused on the vertical integration of fertiliser operations in Africa and sub-Saharan potash assets, has announced a placing of 48,529,412 new ordinary shares in the Company at a price of 1.7p pence per share to raise gross proceeds […]

NED APPOINTMENT Fitbug Holdings Plc, the AIM quoted provider of online personal health and wellbeing services, has announced the Board appointment of Dr. Mark Ollila as a Non Executive Director. Based in San Diego, Dr Ollila is currently Chief of Staff and General Manager of the Innovation and New Products group at Verve Mobile, a […]

Mature Development of MPS-130 CubeSat Modular Propulsion System With Green Propellant Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), has entered a public-private partnership with NASA to mature the development of an MPS-130 CubeSat propulsion system using a green propellant, known as AF-M315E. Once fully developed, not only would the technology increase...

30-year veteran Rich Soja leads Inland Marine Division offering a full suite of admitted products. Tokio Marine Management, Inc. (TMM) is launching a comprehensive line of admitted Inland Marine insurance products, offering solutions for both standard and unique exposures. Nationally recognized marine insurance executive Rich Soja joined TMM in 2015 as Senior Vice President and […]

Pre-close Update Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced a pre-close update for the financial year to 31 December 2015: In the course of the year, the Company has moved its primary focus from its Underground Coal Gasification (‘UCG’) assets (in particular the development of its Kincardine Project in […]

Update on Four Awarded Mexican Onshore Concessions MX Oil, the AIM quoted oil and gas investing company, has provided further details on the four Land Contract Areas it was awarded, alongside its local partner Geo Estratos, during the third phase of the Bid Round 1 Licensing Round for onshore conventional concessions in Mexico. In line […]

Issue of up to £0.5 million of Equity Vast Resources, the AIM listed mining company with operations in Zimbabwe and Romania, has announced that, further to the announcement of 4 January 2016, certain directors, senior executives or consultants of the Company entered into a subscription agreement on 5 January 2016 according to which they will […]

Full Year Production Update DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has provided a production update for the year ended 31 December 2015. Crude palm oil production increased by 151% to 35,770 tonnes at the Company’s 60 t/hr CPO extraction Mill, one of West […]

20,000MT Trade under COMESA Agreement African Potash, the AIM listed exploration company focused on the vertical integration of fertiliser operations in Africa and sub-Saharan potash assets, has dispatched 20,000 metric tonnes in partial satisfaction of the sale agreement previously announced on 1 October 2015. Highlights: · Dispatch of the initial 20,000MT of urea fertiliser stock […]