The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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Tortilla Mexican Grill PLC - Mexican-themed restaurant chain - Teams with Chartwells Universities, part of Compass Group PLC. ‘Through the strategic partnership, at least 14 Tortilla sites will be opened by Chartwells on a franchise basis across their estate of universities over the next five years,’ Tortilla says.
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Strix Group PLC - Isle of Man-based kettle safety controls provider - Says recently subject to cyber attack of ‘Russian origin’. Says no impact to customer orders or sales. Strix adds: ‘On becoming aware of the incident, which mainly impacted Strix’s Isle of Man and UK servers, the group immediately engaged external specialists and took precautionary measures with its IT infrastructure, including taking its systems offline whilst it investigated the nature and extent of the incident and implemented its business continuity plan. These systems are now restored and fully operational.’ Appoints cyber expects to ‘continue to monitor and support the group with this incident’.
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Mirriad Advertising PLC - London-based advertising company - Teams with Japanese television network Fuji TV for an in-content advertising offering for Japan market. Mirrriad says its advertising insertions appeared during a drama show airing on Fuji’s video on demand offering. ‘In a world first, Fuji TV used air-time immediately after the show to demonstrate to viewers how the in-content advertising format works and the process behind delivering this innovative solution,’ Mirriad says.
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Mears Group PLC - Brockworth, England-based housing and social care provider - Awarded Residential Living Accommodation Project contract. Pact has period of up to seven years and annual value of more than £50 million. ‘Under the contract, Mears will provide a wide range of accommodation and property services to service personnel and their families across the UK,’ Mears says. Pact is with UK’s Defence Infrastructure Organisation. The DIO is responsible for the UK Ministry of Defence’s estate.
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Mission Group PLC - Devon-based creative and marketing technology agency - Buys Livity Ltd for £100,000 in cash. Livity is a youth-focused creative firm based in London.
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Trellus Health PLC - White Plains, New York-based digital health platform for complex chronic conditions - Launches direct-to-consumer offering in New York tri-state area for Crohn’s Disease and ulcerative colitis sufferers. ‘The company’s DTC service will provide its resilience-based methodology to support adult IBD patients’ clinical treatment plans through care coordination, behavioural skills training, expert disease education and remote patient monitoring,’ Trellus says. ‘With over 30 million residents, the New York tri-state area contains one of the highest concentrations of people living with IBD in the United States.’
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Nostra Terra Oil & Gas Co PLC - London-based oil and gas company with operations focused in the US - Says Fouke 2 well in Pine Mills, Texas reaches total depth. ‘Fouke 2 encountered 23 feet of excellent quality pay sand in two intervals, significantly exceeding management expectations,’ Nostra says. ‘Completion operations are currently underway.’
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Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - Reports ‘outstanding’ high grade intersections from 2021 drilling of west Kenya assets. ‘Drilling results have been consistently high grade and extend from surface down through at least 500 metres deep, and open from all angles,’ Chief Executive Eric Zurrin says. ‘With new high-grade resources discovered at both New Luika and West Kenya and a rapidly approaching first production at Singida on target for early 2023, we remain excited in our near and longer-term prospects across our diversified portfolio of assets in East Africa.’
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Castillo Copper Ltd - Perth, Australia-based exploration company focused on copper across Australia and Zambia - Reports maiden JORC 2012 compliant mineral resource estimate at Big One deposit. Estimate outlines 2.1 million tonnes at 1.1% copper for 21,886 tonnes of contained metal. ‘Encouragingly, with the underlying deposit open to the north, east and down dip the next drilling campaign will focus exclusively on extending the known orebody. In addition, the underlying copper orebody commences from surface which is a significant positive attribute if the project is fully developed,’ CEO Dennis Jensen says.
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Alien Metals Ltd - London-based exploration company focused on Australia, Mexico and Greenland - Notes Australian Foreign Investment Review Board issues ’no objection’ letter in relation to buy of 100% of Munni Munni Platinum Group Metals and a gold project in West Pilbara region of Western Australia. Artemis Resources Ltd, which is selling a 70% stake in Munni Munni to Alien Metals, notes the news.
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Panther Metals PLC - Hertfordshire, England-based company focused on developing gold and volcanogenic massive sulphide properties in Canada and Australia - Notes announcement from ASX-listed Panther Metals Ltd on results from drilling of Coglia nickel and cobalt project in Western Australia. Panther Metals PLC CEO Darren Hazelwood says findings represent ‘very encouraging start’. Panther Metals PLC has just shy of a 37% stake in Panther Metals Ltd.
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Panthera Resources PLC - London-based gold exploration and development company with assets in Africa and India - Says Bassala licence in Mali has been extended for further three years. ‘Planning is underway for deeper [reverse circulation] drilling to identify coherent mineralisation for resource definition targets,’ Panthera adds.
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Infrastructure India PLC - Investor in infrastructure assets in India’s energy and transport sectors - Conditionally sells Indian Energy (Mauritius) Ltd’s assets for ₹550 million, about £5.5 million, to AVSR Constructions. ‘The net proceeds of the sales will be used for group working capital, conditional upon IIP’s lenders waiving the requirement to pay down a proportion of the company’s debt, and will provide the company with a forecasted positive cash runway until September 2022,’ it says.
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Mercia Asset Management PLC - Henley-in-Arden, England-based investment company - Makes further investment in portfolio company MIP Diagnostics Ltd, a nanotechnology business. Invests £1.1 million as part of latest funding round. ‘This funding round has increased Mercia’s fully diluted direct investment stake to 10%,’ company says.
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