Home Uncategorized Proactive news headlines: Cellular Goods, Argo Blockchain, Corero Network Security, Scotgold…

Proactive news headlines: Cellular Goods, Argo Blockchain, Corero Network Security, Scotgold…

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Consumer cannabinoid products developer Cellular Goods PLC‘s (LON:CBX) shares blazed higher on their first day of trading on the London Stock Exchange. 

Argo Blockchain PLC (LON:ARB) (OTCQX:ARBKF) said 4,500 Bitmain Antminer S19 and S19 pro cryptocurrency mining machines that the company agreed to lease from Celsius Network in November have been installed on time and are now fully operational.

Silence Therapeutics PLC (LON:SLN, NASDAQ:SLN) said it will receive US$2mln following the start of work on a third drug target as part of its research collaboration with Mallinckrodt.

Corero Network Security PLC (LON:CNS) has unveiled several new partnerships in Asia-Pacific (APAC), Latin America and the Caribbean.

FastForward Innovations Limited (LON:FFWD) is pleased with the way its investment portfolio is developing, it said in a corporate update. “I believe that FastForward has reached a tipping point and that shareholders will be substantially rewarded for their support,” said CEO, Ed McDermott.

FastForward also said McDermott and finance director Lance De Jersey will provide a live investor presentation via the Investor Meet Company platform on 3rd March 2021 at 11am. 

Avation PLC (LON:AVAP), the commercial passenger aircraft leasing company,  said its customer base continues to recover from the unprecedented effect of the coronavirus pandemic and that its underlying business remains profitable.

Shield Therapeutics PLC (LON:STX) is to raise £25mln through a share placing and subscription at 30p to launch and market its Accrufer iron deficiency treatment in the US.

Asiamet Resources Limited (LON:ARS) said it has raised around £10mln through a fundraising that it says will be used to advance various programmes at its BKM copper project in Indonesia.

Fintech Mode Global Holdings PLC (LON:MODE) raised £6mln in an oversubscribed placing of shares at a premium to October’s IPO price.

Scotgold PLC’s (LON:SGZ) chief executive Richard Gray is to retire at the end of March following the group’s move from an explorer to producer. Philip Day, a 25-year mining veteran, is his replacement. 

Tissue Regenix Group PLC (LON:TRX) said that Jonathan Glenn has appointed to the role of non-executive chairman on a permanent basis, having held an interim role since last March. Chief executive Daniel Lee said: “Jonathan’s leadership has been invaluable over the last year, as interim chairman, and we look forward to his continued contribution towards the company’s future growth.”

4D pharma PLC (LON:DDDD) said the US Securities and Exchange Commission has cleared the way for the company to issue American Depositary shares to Longevity Acquisition Corporation (NASDAQ:LOAC). Longevity is a special purpose acquisition company with which 4D is merging. 4D’s American stock will begin trading on NASDAQ under the ticker symbol LBPS once the merger is signed off by 4D investors. The company will remain listed in the UK too under its current ticker symbol.

Anglo Asian Mining PLC (LON:AAZ) said it has ended discussions with Conroy Gold and Natural Resources over a proposed joint venture agreement.

Tiziana Life Sciences PLC (LON:TILS) (NASDAQ:TILS) has said an interview with it’s chief executive, Dr Kunwar Shailubhai, will air on The RedChip Money Report on Bloomberg Television on Saturday, February 27 at 7pm local time across the US and on the Bloomberg Network in Europe on Sunday, February 28 at 6pm local time. The company said in the interview Shailubhai will discuss top-line data from Tiziana’s coronavirus (COVID-19) trial, its multiple Phase 2 trial launches expected in 2021, and the potential application of Foralumab in a wide range of autoimmune and inflammatory diseases.

Woodbois Limited (LON:WBI) said it has been informed that Rhino Ventures has disposed of 81.5mln shares in the company and requested the conversion on a one-to-one basis of 101,365,095 of its 851,365,095 non-voting ordinary shares into voting ordinary shares, under a previous agreement. Paul Dolan, chairman and CEO of Woodbois, said: “We welcome Mr Ng Chee Beng as a 3.27% shareholder and are pleased to continue to diversify our shareholder base and increase our voting ordinary share capital by 6.6% at this exciting time of expansion for the company.”

Vast Resources PLC (LON:VAST) has updated investors on developments at its Baita Plai mine in Romania, saying that it is in the process of preparing a revised mining plan for the site.

Sunrise Resources PLC (LON:SRES) will be hosting a webinar at 11am on Wednesday 3 March where executive chairman Patrick Cheetham will deliver a presentation and answering questions about the company. Investors wishing to participate should pre-register through the following link by 5pm on Tuesday: https://zoom.us/webinar/register/WN_qino-BM8RVaRzzyq9khYFg  

Proactive news headlines: Cellular Goods, Argo Blockchain, Corero Network Security, Scotgold…

Argo Blockchain PLC (LON:ARB) (OTCQX:ARBKF) said 4,500 Bitmain Antminer S19 and S19 pro cryptocurrency mining machines that the company agreed to lease from Celsius Network in November have been installed on time and are now fully operational.

The blockchain mining company said the installation represents the final delivery of Antminers under its lease with Celsius, with the new hardware having added around 430 petahash (crypto mining processing power) to its installed computing power.

READ: Argo Blockchain begins trading on OTCQX market

Argo also said the latest installation highlights its continued focus on efficiency when expanding its operations.

“We are delighted with the addition of these machines and believe that this installation will help Argo maintain its position at the forefront of mining efficiency”, Argo chief executive Peter Wall said in a statement.

Argo Blockchain installs new crypto mining machines

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