Vernalis to raise £68.5m 10/02/2012
Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Growth Company Investor has walked away with the much-coveted award for Best Research at the 2006 AIM Awards Dinner held at Old Billingsgate Market in the City. Sponsored by Canaccord Adams, and mulled over by a teams of expert City professionals, the award recognises an individual, team or publication that has ‘brought AIM to life’ over the course of the year and increased the profile of the thriving market.
One of the keynote dates in the AIM calendar, the annual event enables the ‘club’ of companies, brokers, advisers, lawyers, public relations people and City hacks to ponder and celebrate the year’s AIM triumphs. Sponsored by PricewaterhouseCoopers, in association with the London Stock Exchange, the awards were first held in 1996.
Other 2006 winners on the night included herpes treatment group Henderson Morley, for best performing share and Griffin Mining, for best performing share over five years. Transaction of the year went to Clapham House, entrepreneur of the year to RAB Capital’s Philip Richards, and company of the year to Synergy Healthcare.
GCI Editor Leslie Copeland is pictured below receiving the award from presenter Bev Turner, Canaccord’s Mark Ashurst, and Neil Sutton of event sponsor PWC.
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Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Magnolia Petroleum (MAGP) has acquired 800 acres in the Mississippi Lime formation in Oklahoma.
Gold explorer Condor Resources (CNR) has reported encouraging results from drilling at its La India project in Nicaragua.
US-focused Nighthawk Energy is launching a $7.5 million program to invest in its Colorado-based Jolly Ranch project.
Africa-focused Tower Resources (TRP) has raised £5.4 million via a placing with a mixture of institutional investors and directors.
Beleaguered travel operator Thomas Cook (TCG) has reported a loss of £91 million its first quarter also announcing the sale of its Indian division.