Page 44 - Mid Caps News Today

Chain pubs, restaurants sales only down 24% in first week of reopening despite outdoor-only rule However, only 39% of venues were open for on-site dining and drinking during the period Chain pubs and restaurants groups have made a robust start to post-lockdown trading in England, according to the latest Coffer CGA Business Tracker. Like-for-like sales in the week from Monday 12 April to Sunday 18 April were down 25% on the equivalent period two years ago, despite a ban on indoor service. Sales ...

U.S. Patent Office Issues Notice of Allowance for Nicoxs Latanoprostene Bunod in Normal Tension Glaucoma April 27, 2021 - release at 7:30 am CET Sophia Antipolis, France Nicox SA (Euronext Paris: FR0013018124, COX), an international ophthalmology company, today announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for the U.S. patent covering the use of latanoprostene bunod for the treatment of normal tension glaucoma. Latanoprostene bunod ophth...

What is the overall view on Indian equities compared to some of the developed markets as well as our emerging peers as the Covid situation unfolds in the country? The view on Indian equities remains constructive. The views on equities everywhere remains constructive. The way we look at Indian equities and what we tell clients globally and what is most attractive about Indian equity market relative to markets around the world is the potential to generate strong outperformance. It is not reasonab...

Bushveld is a major player in vanadium production in South Africa Bushveld Minerals Ltd (LON:BMN) announced Mustang Energy PLC (LON:MUST) is acquiring an indirect interest of 11.05% in Enerox GmbH. Enerox is a vanadium redox flow battery manufacturer providing grid scale and micro-grid energy storage solutions. Bushveld holds an indirect 25.25% stake in Enerox. Mustang is special purpose acquisition company which intends to acquire interests in energy storage and stationary battery assets....

Perseus Mining on track to meet FY21 gold guidance, according to Citi Research and Credit Suisse Production at the Yaouré mine ramped up in the March quarter and the company is confident of achieving its 2H guidance of 175-190,000 ounces at US$950-1150/ounce. An updated Yaouré DFS is anticipated by the end of June. Perseus Mining Ltd (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) (FRA:P4Q) enjoyed a productive March quarter and looks set to meet FY21 gold guidance according to a report by ...

Australian Strategic Materials directors show confidence in metals technology strategy by entitlement offer participation The company has completed a pro-rata non-renounceable entitlement offer for proceeds of almost $27 million in addition to a recent $65 million placement. Funds will be used to advance the Korean Metals Plant as well as the Dubbo Project Australian Strategic Materials Ltd (ASX:ASM) directors have demonstrated their confidence in the company’s rare earth metals t...

Paradigm Biopharmaceuticals progresses IND application with US FDA for knee OA treatment The FDA was unable to provide all questions within the initial IND review period and has advised it will submit further questions to Paradigm within the next 30 days. Once the IND is Open the company may begin recruitment and screening of participants for the study. Paradigm Biopharmaceuticals Ltd (ASX:PAR) is making headway with its investigational new drug (IND) application for its proposed p...

Rumble Resources in trading halt with capital raising announcement pending Results from two recent reverse circulation holes at Chinook Prospect of the Earaheedy JV Project in Western Australia have confirmed a zinc-lead discovery. The halt will remain in place until April 28 or when an announcement is released to the market. Rumble Resources Ltd (ASX:RTR) has been granted a trading halt with an announcement pending in regard to a proposed capital raising. The halt will remain in pl...

Alkane Resources March quarter gold production above forecast at 16,040 ounces, guidance lifted The gold producer has again increased its 2021 financial year guidance to 50,000-55,000 ounces at a reduced AISC of A$1,400 to A$1,550 per ounce. The company continues consultation for the Tomingley Gold extension Project. Alkane Resources Ltd’s (ASX:ALK) (OTCMKTS:ALKN) (FRA:AK7) gold production for the quarter ended March 31, 2021, from its operations in Tomingley Gold Operations (TG...

Infrastructure is continuing to trade strongly, with operational delivery and work mix driving further margin growth. Construction had a strong start to the year, with its secured order book at the end of March up 10% from December, and is expected to improve further. Fit Out reported a very strong trading period and its secured order book at the end of March was 18% higher than in December, while it also has over £400mln of work currently at preferred bidder stage. Morgan Sindall said the div...