Caza secures funding 24/05/2013
US-focused Caza Oil & Gas (LON: CAZA) has secured funding from investment fund the Apollo Investment Corporation.
Ncondezi makes AIM debut
Southern Africa-focused coal explorer Ncondezi Coal debuted on AIM this morning with a £146 million tag, having raised £35.6 million at 123p.
Ncondezi, a British Islands-registered concern that holds four exploration and prospecting licenses in the Tete province of Western Mozambique, plans to use the proceeds to conduct further exploration work before beginning to produce coal in the second half of 2014.
The company is headed by CEO Graham Mascall, previously chief executive of M&A, base metals and new business at mining behemoth BHP Billiton and erstwhile CEO of Ukrainian coal miner Lubel. Delighted with the initial market response to the story, Mascall insists ‘the Ncondezi Project presents an exciting opportunity to develop a new coal mine in one of the world's largest underdeveloped coal regions’.
Investors clearly share his excitement, having chased the shares higher to 131.5p today, where they now value the business at almost £157 million.
Beat the market
1. View our terms and conditions here
Advertisement
The latest company webcasts
Live and pre recorded video & audio updates from companies on their latest news, results & AGMs through interviews and presentations. Find out more.
Achieve impressive returns on the go
Gain instant access to some of the best-performing and fastest growing companies in the small cap arena. Sign up NOW!
Director's Pay 2013
The annual Directors' Pay on AIM Report is the most comprehensive review of directors' renumeration on AIM available. It's ideal for benchmarking your team's, your organisation's and your own salary. The full report is available to order in PDF format for £350 (+VAT). Order report here
Cash Shells 2013
This research provides a comprehensive overview of cash shells, companies that have become a significant feature on the Main Market, AIM and PLUS landscape. The full report (out June 2013) is now available to pre-order in PDF format for £295 (+VAT). Contact us for more info
M&A on AIM 2012
This new report examines valuation metrics, cash balances and financial performance to provide dealmakers with all the tools they need to pinpoint undervalued companies on AIM. The full report is available to order in PDF format for £295 (+VAT). Order report here
Coverage and tips for AIM and Small Caps
Informative features and research on fast-growing companies, with AIM market and small cap tips, news on growth stocks, penny shares and junior stock market companies. Regular share recommendations, directors' dealings, company news and analysis, new issues and upcoming IPOs.
If you're interested in business tax updates visit our specialist tax guide website.
Latest small-cap and growth company news
Daily coverage of small-cap company stocks on London's junior markets AIM and PLUS, breaking news, stock research and latest share price information for investors. Full sector coverage with all the latest news on smaller listed companies, updated several times a day with financial reports, trading statements and links to further web resources.
Popular News
Acquisition
Acquisitions
Aim
Aim Market
Boardroom Moves
Breaking-even
British Technology
Cash
China
Commodities
Credit Crunch
Deals & Contracts
Debt
Dividend
Emerging Markets
Full List
Fundraisings
Gold
Growth Company
Growth Stocks
Loss Making
Main Market
Mergers & Acquisitions
New Issues
Penny Shares
Placing
Plus Markets
Profit Warning
Restructuring
South Africa
Speculative Punts
Technology
Trading Update
Turnaround
Undervalued
Advertisement
Latest News
Nighthawk finds oil 23/05/2013
US shale oil venture Nighthawk Energy (AIM: HAWK) has found oil at the Big Sky 4-11 well in Colorado.
Quindell signs five-year deal 22/05/2013
Software outsourcing specialist Quindell Portfolio (LON:QPP) has signed a five-year deal with a UK motor insurer, initially worth £3.5 million.
Magnolia adds 11 wells 21/05/2013
US-focused oil and gas explorer Magnolia Petroleum (LON:MAGP) has decided to participate in another 11 wells across North Dakota and Oklahoma.
Quixant joins AIM 21/05/2013
Supplier of computing platforms for gaming and slot machines Quixant (LON:QXT) has joined London's junior market.
Xcite sells data 20/05/2013
North Sea-focused Xcite Energy (LON:XER) will sell off data worth US$15 million (£9.9 million) regarding its Bentley 9/03b-6, 6Z well.
