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Small caps round-up: Sirius Petroleum, Gem Diamonds, Churchill Mining...

Wed, 26th Aug 2009 10:55

Sirius Petroleum has been guaranteed at least $80m of debt funding by London-based Capital Investment Office for its first marginal oil field project. 'We now have a substantial funding line which will enable us to execute our first asset deal in line with our strategy to create shareholder value through the acquisition of proven marginal oil assets in Nigeria,' said chairman Babatunde Agboola.Gem Diamonds is better Wednesday despite a drop in half-year profit to $17.2m from $25.1m in 2008 on revenue down to $117.8m from $166.8m.'We are entering the second half of the year with a strong balance sheet and no debt,' said CEO Clifford Elphick. 'Demand for top quality and top colour large stones continues and prices seem to have stabilised.'Indonesian-focused coal miner Churchill Mining has announced a substantial pre-mining reserve upgrade of the JORC resource categories for the East Kutai Coal project.An increase in total measured and indicated resources for the project to over 1.3 billion tonnes 'will yield substantial interest in Churchill from energy producers'. Anglo-Pacific saw profits fall in the six months to 30 June from the same period the previous year, reflecting lower metals prices and equity markets.Pre-tax profits fell to £12.3m from £16.4m.Dealing software developer Dealogic said its subscription revenues this year have held up well despite continued volatility in investment markets, while transaction revenues have benefited from an upturn in activity in the second quarter, with the result that full year results are expected to be ahead of market expectations.Revenue for the first half of 2009 will be broadly in line with that in the first half of 2008 while profit before tax, with the added benefit of favourable movements in exchange rates, will be around 20% ahead of 2008 over the same period. There were small gains for Polo Resources after Extract Resources, in which Polo has a 9% stake, launched a A$91m equity fundraising.Money from the placing will be used to speed up exploration activities at the Rossing South project in Namibia.Interactive video software group i-Point-media is to raise around £1.73m by means of an underwritten open offer. Existing shareholders will be offered the opportunity to buy one offer unit at a cost of £14.20 per 1,000 ordinary shares currently held, with the option of buying more if the shares are available as a result of other shareholders not taking up their full entitlement.Each offer unit comprises £11.57 nominal of 8% unsecured loan notes due September 30 2013, 58 offer shares at 4p per share and 124 bonus shares at 0.25p per share. Restrictions will be placed on when the bonus shares may be sold. The funds will be used to finance the working and development capital of the company's product and service offering globally. Irish underwriter FBD Holdings saw gross written premiums slide to €180.7m in the first half of 2009 from €198.3m a year earlier. Loss before tax widened to €21.77m from €5.21m the year before.Pharmaceutical firm Ark Therapeutics saw pre-tax losses increase to £13.4m from £10m before on revenue that came in at £665,000 against £412,000 previously.
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30 Apr 2024 19:54

EARNINGS AND TRADING: Software Circle & Beximco report higher revenue

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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29 Apr 2024 14:29

UK earnings, trading statements calendar - next 7 days

Tuesday 30 April 
Avacta Group PLCFull Year Results
Card Factory PLCFull Year Results
Capital & Regional PLCFull Year Results
Close Brothers Group PLCTrading Statement
Cloudified Holdings LtdHalf Year Results
Coca-Cola HBC AGTrading Statement
Elementis PLCTrading Statement
essensys PLCHalf Year Results
Fadel Partners IncFull Year Results
Glencore PLCTrading Statement
Hargreaves Lansdown PLC Trading Statement
Howden Joinery PLCTrading Statement
HSBC Holdings PLCQ1 Results
Kelso Group PLCFull Year Results
Northcoders Group PLCFull Year Results
Phoenix Spree Deutschland LtdFull Year Results
RBG Holdings PLCFull Year Results
Rotork PLCTrading Statement
Safestore Holdings PLCHalf Year Results
Shield Therapeutics PLCFull Year Results
St James's Place PLCTrading Statement
Strip Tinning Holdings PLCFull Year Results
Whitbread PLCFull Year Results
Wednesday 1 May 
Anexo Group PLCFull Year Results
Computacenter PLCTrading Statement
Georgia Capital PLCQ1 Results
GSK PLCQ1 Results
Haleon PLCTrading Statement
HSS Hire Group PLCFull Year Results
Intelligent Ultrasound Group PLCFull Year Results
Maintel Holdings PLCFull Year Results
Next PLCTrading Statement
Smith & Nephew PLCTrading Statement
Thursday 2 May 
Endeavour Mining PLCQ1 Results
Hiscox LtdTrading Statement
International Personal Finance PLCTrading Statement
Kerry Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
Melrose Industries PLCTrading Statement
NAHL Group PLCFull Year Results
Reach PLCTrading Statement
Shell PLCQ1 Results
Smiths News PLCHalf Year Results
Smurfit Kappa Group PLCTrading Statement
Spectris PLCTrading Statement
Standard Chartered PLCQ1 Results
TI Fluid Systems PLCQ1 Results
Friday 3 May 
InterContinental Hotels Group PLCTrading Statement
Mondi PLCTrading Statement
Trainline PLCFull Year Results
Monday 6 May 
no events scheduled 
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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28 Mar 2024 19:41

EARNINGS AND TRADING: Adnams names new CEO; Roebuck swings to loss

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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12 Dec 2023 19:31

IN BRIEF: Cloudified completes Falanx disposals, targets acquisition

Cloudified Holdings Ltd - Reading, England-based cybersecurity provider - Completes the sale of Falanx Cyber Defence Ltd and Falanx Cyber Technologies Ltd which was approved at the general meeting held on November 27. Explains the disposal is a fundamental disposal pursuant to Rule 15 of the AIM Rules for companies. Accordingly, the company now constitutes a cash shell in accordance with Rule 15 of the AIM Rules and expects to have cash balances post-restructuring and transaction costs of around GBP0.4 million.

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31 Jan 2017 15:36

Churchill Mining still appealing Kutai decision

(ShareCast News) - Churchill Mining announced on Tuesday that, further to its announcement on 23 December, it was continuing to work with the its solicitors Clifford Chance on a detailed analysis of the award and a review of potential grounds to seek revision or annulment of the award pursuant to se

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31 Jan 2017 09:59

Churchill Mining Still Review Position After Indonesia Claim Dismissal

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7 Dec 2016 11:59

Churchill Mining's $1bn claim against Indonesia struck off

(ShareCast News) - A tribunal has struck out a claim by Churchill Mining for damages after Indonesia's government revoked its licence for a coal project. The AIM-listed miner said it was "extremely disappointed" by the decision by a tribunal from the International Centre for Settlement of Investment

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7 Dec 2016 09:11

Churchill Mining Claim Against Indonesia Dismissed, Must Pay Costs

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2 Dec 2016 08:23

Churchill Mining Expects Indonesian Tribunal Decision Next Tuesday

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29 Nov 2016 09:51

Churchill Mining Requests Tribunal Update As No Decision, Award Issued

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24 Nov 2016 16:12

UK Shareholder Meetings Calendar - Next 7 Days

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16 Nov 2016 15:20

Churchill mining expects ruling on Indonesia case in 2 weeks

(ShareCast News) - Indonesia-focused coal miner Churchill Mining said the International Centre for Settlement of Investment Disputes (ICSID) would be issuing a ruling on its claim against the Indonesian government within two weeks. In a statement, the AIM-listed firm said the ICSID was in the proces

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19 Oct 2016 14:35

Churchill Mining losses widen as Indonesia arbitration drags on

(ShareCast News) - Along with an increased loss, final results from Churchill Mining carried a detailed account of its ongoing arbitration claim against the Indonesian government after it revoked the licence to mine the East Kutai coal project coal project. The AIM-listed company spent $1.54m on leg

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19 Oct 2016 13:35

Churchill Mining Loss Widens As It Continues To Pursue Claim

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21 Jun 2016 16:35

Tribunal date set for Churchill Mining's spat with Indonesia

(ShareCast News) - The tribunal ruling on Churchill Mining's dispute with Indonesia expects to pass down a ruling in September 2016. Churchill Mining, a British mining corporation, has been in a dispute with Indonesia since March 2013 for damages related to an unlawful seizure of the East Kutai C

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